A decision by a superior court judge has finally ended the dispute over the former home of Elvis Presley located in Palm Springs, California at 845 W Chino Canyon, making it eventually accessible to fans once more. Reno Fontana and his wife bought the Elvis home back in 2003 with help from investors. Now, two investors later and several bankruptcy’s under his belt, Fontana was evicted from the house in January 2013.
The former owner plans to renovate the house to look like it did when Elvis lived there. The property isn’t in the best shape aesthetically on the inside so a little love and care needs to be done. Something Raicevic’s attorney says he plans to do. He hopes to have it open to the public as early as October.
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The home now has two co-owners, which are both Palm Springs business men. One of the co-owners is Rade Raicevic. Raicevic said "the next few weeks will be spent redecorating the home and tours will later be offered for $20 per person, seven days a week."
The big announcement regarding the news co-owners came after a Riverside County Superior Court judge ruled on July 22nd 2013 that Raicevic and Nevada-based Financial Bonanza LLC owned the home after previous occupant, Reno Fontana, failed to pay back a $500,000 loan from 2006.