As the story goes, Reno Fontana, a big fan of Elvis Presley purchased the home from a Japanese businessman in 2003 for about $1.25 million and dubbed it 'Graceland West'. Over the years, he used the estate to promote Elvis Presley by giving house tours and hosting Elvis related events. However, the bank foreclosed on Fontana and another investor Rade Raicevic took over the home. Raicevic wanted to sell it off for $4 million but he also ran into financial trouble and in 2012, the U.S. Bank National Association took over the home, reports Curbed.
While the ownership of Graceland West is still disputable, it has
hit the listing market for almost $4 million.
The residence is a 5040 square feet home, sitting on a prime 2 acre lot, built in 1946. Comprising of five bedrooms and seven bathrooms, the home has some interesting interior features. Boasting of mixed ceilings and flooring, the house has glass windows and wooden doors. Exclusive features include an enclosed spa, sauna, a wet bar and a 'jungle room'. Outside, the home has ample recreation space, a garden and sitting area and a kidney-bean shaped in ground swimming pool as well.
Elvis Presley Estate: Graceland West. Only two houses have been verified to be owned by Elvis at the time of his death - Graceland in Memphis and this one in Palm Springs. The pool view of downtown Palm Springs is spectacular. Mountain Views. Desert views. A view from just about every room. It was designed by Albert Frey. One of his few Spanish Colonial Ranch styles of architectures. There are also many authentic rooms, decors, appliances and features in this home: The kitchen, the bathrooms, the multiple vanities, the steam room, the sauna, the wet bar, the jungle room, Elvis's private casita, the enclosed Jacuzzi, and more. For someone wanting to create a masterpiece this is ready to be restored to showroom quality.
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