Elvis Presley's Home a Teardown? Hard Rock Cafe Founder Peter Morton's Plans for His House

Elvis Presley's Beverly Hills home
Elvis Presley's Beverly Hills home

Elvis Presley
Elvis Presley

The King's castle might be coming down. Elvis Presley's sprawling former home in Beverly Hills, Calif., reportedly sold for $9.8 million in December, and now the new owner wants to tear it down, according to The Real Estalker. Just who is this new owner? Oh, he's a hound dog, alright. It's Peter Morton, founder of music memorabilia-themed restaurant chain, Hard Rock Cafe.

Elvis and Priscilla Presley lived in the 5,367-square-foot mansion in the mid- to late-1960s. The home had been on the market for $12.995 million last fall before Morton snagged it for a lower price. Sources told The Real Estalker that Morton, who is quite the real estate player, plans to tear it down and build a new house in its place.

If so, we'll be sad to see the King's castle go. The stunning four-bedroom, five-bathroom home gets panoramic ocean and city views of Los Angeles. It was recently remodeled, according to its listing, and has spacious rooms and a killer media room. Floor-to-ceiling windows in every room bathe the entire house in warmth and light. There's an attached guesthouse, a large motor court and a four-vehicle carport.

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See also: Elvis' 'Graceland' Deal: $1,000 Down
isa Marie Presley's Home

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