Hard Rock Café founder to tear down Elvis Presley’s Old House
1174 N Hillcrest Road, Beverly Hills, California, United States, 90210
The former home of Elvis Presley and wife Priscilla went up for sale back in October 2012 for $12.995 million. The 5,367 square foot Beverly Hills home was built in 1958 and was purchased by Elvis in 1967. The couple split in 1973 and the home sold for $500K. In more recent years the property was available to rent for $25,000/month. It sits on a beautiful 1.18 acre lot with breathtaking views over the Pacific Ocean and Downtown Los Angeles. It’s been recently remodelled to include a new kitchen, new laundry room, and an updated swimming pool & spa.
Real Estalker obtained information that “the house remains remarkably intact from the time Mister Presley and Miss Priscilla owned it in the mid-to late-sixties.” The property sold to Hard Rock Café founder Peter Morton in December for $9.6 million and he plans on razing the existing home and replace it with a brand new mansion.