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Bel-Air founder's $5.5M mansion is now asking $32.5M

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TOI Real Estate Desk. (2026, September 15). Bel-Air founder's $5.5M mansion is now asking $32.5M. Times of India. https://timesofindia.indiatimes.com/real-estate/news/in-2010-an-investor-bought-bel-air-founder-alphonzo-bells-1928-estate-for-5-5-million-after-a-five-year-restoration-the-10600-sq-ft-mansion-is-asking-32-5-million/articleshow/134267407.cms

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Times of India · collected 2026-09-15 · by TOI Real Estate Desk

Quick Summary

Michael Wexler, CEO of Maple Leaf Capital, has put up for sale the 1928 Spanish-style mansion built by Bel-Air founder Alphonzo Bell in 2010 for $5.5 million. After a five-year restoration project that preserved and restored original features while adding modern touches like custom Gucci wallpaper and a new wine cellar, the mansion is now listed at $32.5 million. The estate spans 10,600 square feet and has historically housed notable figures such as Queen Noor of Jordan and film producer Steven Reuther.
Written by AI on 2026-09-15, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In 2010, an investor named Michael Wexler purchased a 1928 Spanish-style mansion originally built by Alphonzo Bell, the founder of Bel-Air, for $5.5 million. After spending five years restoring the 10,600-square-foot property to its former glory, Wexler has listed it for sale at an asking price of $32.5 million. The mansion, now called "Maison de La Reine," is located on a highly desirable lot in Bel-Air and boasts historical significance as part of the neighborhood's founding heritage.

Written for “Bel Air Mansion Price Hike” on 2026-10-31, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Bel Air Mansion Price Hike
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 6% of its claims. Each row says how that neighbour differs.
Times of India
Hedges 2 of 18 claims Outlet record 59/100
“The articles describe two different estates in Bel Air sold at different times and for different amounts.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
31
sentences that state something as happening or true
Uncertain
6%
2 of 31 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
59/100
Times of India's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-15 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Times of India · 3798 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

TOI Real Estate Desk
123 article(s) here · 1 carrying a prediction
🔮 Other headline-making sales include British singer Robbie Williams’ Beverly Hills-area estate, which rapper Drake acquired in 2022 for a reported price in the mid-$70 million range, according to the Los Angeles Times.
🔮 Every New Yorker you meet will tell you how much they dream of owning a home in the city.
🔮 Furnishings and artworks were not included in the original asking price, although they could be negotiated separately.
🔮 Beyonce's mother on the family home For Beyonce's mother, Tina Knowles, the property was a place where the family could spend time together.
🔮 Aguilera told Realtor.com that clouds moving in from the coast could settle below the property, creating the impression of a blanket of fog resembling a waterfall.
🔮 Why Golden Beach could complement Jeff Bezos’ Indian Creek property portfolio If Bezos is confirmed as the buyer, the Golden Beach estate would add to his reported $234 million real estate portfolio on Indian Creek Island, a highly secured enclave favoured by some of the world’s wealthiest residents.
🔮 Each owner has added a chapter to its story, and the next buyer will inherit that history along with the wood, concrete and glass!
🔮 The $5.65 million sale price may look like a win because it was $2.25 million more than she paid.
🔮 The barn had a loft that could be converted into a one-bedroom apartment.
🔮 During the pandemic, he watched his wife’s five-year-old daughter kicking gravel around the yard and worried that a stone could break a window.
Wire or desk byline, not an individual reporter.
Also by TOI Real Estate Desk
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 123 articles by TOI Real Estate Desk →

Topics

Bel-Air Bel-Air's Maison de La Reine Platinum Tribune Spanish

Subjects

Alphonzo Bell PERSON · 2× Bel-Air's ORG · 2× Chris Soffer PERSON · 2× Daniels PERSON · 2× Michael Wexler PERSON · 2× Spanish NORP · 2× Bel-Air GPE · 1× Maison de La Reine ORG · 1× Platinum Tribune ORG · 1× Wexler PERSON · 1×

Narrative

In 2010, an investor bought Bel-Air founder Alphonzo Bell's 1928 estate for $5.5 million; after a five-year restoration, the 10,600-sq-ft mansion is asking $32.5 million A 1928 mansion that Bel-Air's founder built for himself has hit the market, with an asking price of $32.5 million.
framing: assertive · carried by 1 article(s) · first seen 2026-09-15
🔮 He'd engineered underground equestrian tunnels so riders could navigate the hills without mixing with automobile traffic.
2026-09-15 · Times of India
Bel-Air founder's $5.5M mansion is now asking $32.5M · assertive framing

Claims (31 extracted, 2 hedged)

In 2010, an investor bought Bel-Air founder Alphonzo Bell's 1928 estate for $5.5 million; after a five-year restoration, the 10,600-sq-ft mansion is asking $32.5 million A 1928 mansion that Bel-Air's founder built for himself has hit the market, with an asking price of $32.5 million. asserted
founder → buy → million
The sale comes after a comprehensive five-year restoration, according to a report by Platinum Tribune. uncertain
sale → come → Tribune
The current owner, Michael Wexler, bought the estate for $5.5 million eleven years ago. asserted
owner → buy → million
The 10,600-sq-ft Spanish-style estate is on one of Bel-Air's most coveted perches, with a lineage tracing back to the neighbourhood's founder himself. asserted
estate → trace → founder
Wexler had no plans to flip the property when he bought it. asserted
he → have → it
He bought it to live in, and he did, for roughly a decade before deciding the house deserved something more ambitious: a complete resurrection. asserted
house → buy → something
After that, the estate at 10772 Chalon Road was rebranded as Maison de La Reine, and this month it hit the market, asking $32.5 million. asserted
it → rebrande → million
Real estate developer and oilman Alphonzo Bell, who established the surrounding neighbourhood and the Bel-Air Country Club, built this mansion in 1928 for himself. asserted
who → establish → himself
Bell went to architect Mark Daniels, the same man who helped him create Bel-Air itself. asserted
who → go → Air
By then, Daniels had laid out the neighbourhood's streets and planted thousands of trees to frame them. asserted
Daniels → lay → them
He'd engineered underground equestrian tunnels so riders could navigate the hills without mixing with automobile traffic. uncertain
riders → engineer → traffic
This house was Daniels applying that same precision and vision to a single residence. asserted
Daniels → apply → residence
The Spanish-style design reflected 1920s LA, when Mediterranean-inspired homes were a symbol of luxury and fashion. asserted
homes → reflect → luxury
The craftsmanship of the mansion spoke for itself. asserted
craftsmanship → speak → itself
The house features built-in millwork, hand-carved stone fireplaces, and terrazzo floors laid by hand. asserted
house → feature → hand
Over the years, the 1928 mansion has had many famous owners, including Queen Noor of Jordan and the late film producer Steven Reuther, who built a private cinema and editing suite on site. asserted
who → have → site
In 2010, Maple Leaf Capital CEO Michael Wexler purchased the property for $5.5 million. asserted
Wexler → purchase → million
He lived there for a decade before renovating it in 2021. asserted
He → live → 2021
Rather than gut-renovate, he asked designers Kendra Sosothikul and Paula Press of Studio Berosso to approach the project with a scholar's attention to detail. asserted
he → renovate → detail
The original 1928 checkerboard terrazzo foyer was preserved and restored in place. asserted
foyer → preserve → place
The hand-painted Gracie wallpaper adorning the breakfast room ceiling was either conserved or recreated to match period specifications. asserted
wallpaper → paint → specifications
He also added some modern flair: custom Gucci wallpaper now lines the private office and theatre powder room, while a Calacatta Viola marble fireplace anchors the formal living room. asserted
fireplace → add → room
A new wine cellar was built with hand-laid mosaic flooring. asserted
cellar → build → flooring
The original indoor pool was reimagined as a climate-controlled fitness space. asserted
pool → reimagine → space
The outdoor terraces were expanded to frame views towards Century City and Downtown Los Angeles. asserted
terraces → expand → City
These upgrades only added a contemporary flair to the historic estate. asserted
upgrades → add → estate
Listing agent Chris Soffer of The Beverly Hills Estates described the renovation as a continuation of the home's historic character. asserted
Soffer → describe → character
They managed to find a balance between comfort and history. asserted
They → manage → comfort
Chris Soffer holds the listing alongside Trenton Armitage, Rayni Williams, and Branden Williams. asserted
Soffer → hold → Armitage
The buyer will also have to pay a special 5.5% transfer tax under Los Angeles' Measure ULA. asserted
buyer → have → ULA
This tax applies to property sales above $10.9 million. asserted
tax → apply → million
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