10/13/2012

Elvis' Beverly Hills estate up for sale

MEMPHIS, Tenn. (AP) — The former Beverly Hills home of the late Elvis Presley and his wife Priscilla is up for sale for a cool $12.9 million.

Real estate website operator Trulia says the home hit the market Wednesday.

Like Elvis' home in Memphis, known as Graceland, Elvis fans have for years flocked to visit the property. According to the listing, the four bedroom, five bathroom French Regency estate sits on a 1.18 acre promontory overlooking Los Angeles.

According to Elvis Presley Enterprises, Presley first rented the house before the couple bought it in 1967. It was sold in 1973, the same year Elvis and Priscilla divorced.

The estate was formerly available to lease for $25,000 a month.

Elvis Presley was one of the most popular musicians and actor of the 20th century, he is often referred to as the "King of Rock and Roll" or simply "the King".

Born in Tupelo, Mississippi, Presley moved to Memphis, Tennessee, with his family at the age of 13. He began his career there in 1954, working with Sun Records owner Sam Phillips, who wanted to bring the sound of African American music to a wider audience. Accompanied by guitarist Scotty Moore and bassist Bill Black, Presley was the most important popularizer of rockabilly, an uptempo, backbeat-driven fusion of country and rhythm and blues. RCA Victor acquired his contract in a deal arranged by Colonel Tom Parker, who went on to manage the singer for over two decades. Presley's first RCA single, "Heartbreak Hotel", released in January 1956, was a number-one hit. He became the leading figure of the newly popular sound of rock and roll with a series of network television appearances and chart-topping records. His energized interpretations of songs, many from African American sources, and his uninhibited performance style made him enormously popular—and controversial. In November 1956, he made his film debut in Love Me Tender.

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