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Palm Springs Mansion For Sale For $17 Million

August 26, 2008 | Book

Elvis Presley's Palm Springs, California house is on the market for $17 million, according to The International Herald Tribune.

The 5,000-square-foot, five-bedroom, seven-bath house which Presley bought in 1970 for $85,000, was nicknamed "Graceland West," and was a favorite retreat for the King throughout the years up through his death. In 1973, Presley recorded several songs in the house's living room, and on January 8th, 1977, he spent his 42nd -- and last -- birthday at the desert home.

The house features, "... panoramic views of the surrounding mountains... (and) includes an indoor sauna and steam room, a sunken black and red tile tub and the original kitchen appliances."

Following Presley's death, Priscilla Presley sold the house on behalf of the Presley estate to Frankie Valli.

Last year, the house was bought by Reno and Laura Fontana, who had announced plans to turn the house into a Graceland-like tourist attraction -- complete with a wedding chapel and recording studio. At the time Reno Fontana told The New York Times, "We may have our names on the deed, but we are the caretakers. This house belongs to Elvis fans around the world."

Alant15 wrote on August 26, 2008
Visited this house several years ago. Managed to get a tour by the 'then' current owners. Mind blowing but seriously it cannot be worth this kind of money surely. If so, why did Priscilla sell it way back then? Interested to follow this story.................