Elvis Presley’s Former Estate Hits Market for $24.5 Million

Categories: Business NewsNewsReal Estate & Properties

The stunning estate formerly owned by Elvis Presley, now available for purchase.

News Summary

The legendary estate once owned by Elvis Presley is now available for purchase in Beverly Hills for $24.5 million. Nestled in the upscale Trousdale Estates, this architectural gem boasts 5,300 square feet, a rich history, and modern updates. Originally bought by Presley for $400,000 in 1967, the home is a blend of classic charm and contemporary features, including a pool and breathtaking views of Los Angeles. The property offers a unique opportunity for serious buyers to own a piece of rock and roll history.

Beverly Hills: Elvis Presley’s Former Estate Up for Grabs at $24.5 Million

Attention all fans of the King of Rock and Roll and fans of luxurious real estate! A unique opportunity has just knocked on the door of the glamorous Beverly Hills real estate market. The stunning estate previously owned by the legendary Elvis Presley has hit the market, and it’s bringing with it a hefty asking price of $24.5 million. Yes, you read that right!

A Glimpse into History

Situated in the exclusive Trousdale Estates neighborhood, this jaw-dropping property has a story to tell. Originally purchased by Presley back in 1967 for a mere $400,000, the King lived here for a vibrant six years with his wife, Priscilla Presley, and their daughter, Lisa Marie Presley. Imagine all the musical magic and timeless moments that were shared within these walls!

Architecture and Design

Designed in 1958 by notable architect Rex Lotery, this estate splendidly blends modern and French Regency styles, making it a true architectural gem. With 5,300 square feet of living space sprawling over a 1.1-acre promontory, it showcases *breathtaking views* that extend from the heart of Los Angeles right out to the sparkling Pacific Ocean. It sounds like a daydream, doesn’t it?

The current owner, who remains unnamed and purchased the property through a limited liability company, has put the estate on the market for nearly $1 million less than its last recorded sale in 2019. This may just be a golden opportunity for anyone looking to own a piece of rock and roll history.

Modern Features with a Touch of Original Charm

Upon entering, you’re greeted by a long private driveway leading to a spacious four-car motor court, and a detached guesthouse adds extra charm to this exquisite compound. Inside, the home has preserved its original architectural elements, boasting coffered ceilings, skylights, and rich hardwood floors. Yet, it doesn’t shy away from modern conveniences, featuring updated electrical systems, sleek new stainless steel appliances, and refreshed flooring throughout.

Key to the home’s allure are the floor-to-ceiling windows that flood the interior with natural light, effortlessly blending indoor and outdoor living. Multiple fireplaces provide cozy corners for gathering with family and friends, making those chilly Beverly Hills nights a little warmer.

Backyard Bliss

Step outside, and you’re bound to feel like you’re in your very own personal resort. The outdoor amenities include a resurfaced pool and spa, alongside an inviting patio equipped with a fireplace. Imagine relaxing here while taking in the city skyline and enjoying that perfect California sunset—what a dream!

Celebrity Legacy and Future Potential

This estate is described in its listing as a “celebrity compound,” with plenty of potential for further customization. It’s not just about owning a house; it’s about owning a slice of Hollywood history. The Trousdale Estates area has a storied past, having welcomed famous residents including Frank Sinatra, Dean Martin, Jane Fonda, and Groucho Marx. It seems the rich and famous have always found a home here!

In fact, the estate recently earned architectural acclaim, having been selected as a showroom for the design gallery The Future Perfect in 2018. This spot has transcended time and continues to remind us of its rich past, all while standing tall in the modern era.

For anyone in the market for a house with not just rooms but a legacy, this Elvis Presley estate could be the perfect fit. So, if you’ve got a couple million to spare, you might want to consider taking a tour—just make sure you bring your best rock and roll attitude along for the ride!