Tag Archive for 'graceland'

Elvis Properties To Visit

Elvis Presley was one of the richest entertainers in America and during his lifetime, he bought and maintained several properties. Thirty years after his death, Elvis' estates remains as one of the best memorials of his life as a man, musician and entertainer. Here are two of the most famous properties of Elvis Presley that you might want to drop by and visit if you're in Memphis:

Graceland
When it comes to famous Elvis properties, Graceland is the most known worldwide. It is located in Whitehaven in Memphis on Highway 51 along South Bellevue Boulevard, which has since been renamed Elvis Presley Boulevard. Bought by Elvis in 1957, Graceland is nearly 14 acres in area and currently belongs to Lisa Marie, his only daughter.

The Graceland estate was named after Grace Toof, the daughter of former owner S.E. Toof, who was the publisher of the Memphis Daily Appeal. The original Graceland mansion was built in 1939. When Elvis bought the property, it cost him just a little more than $102,000. He made renovations on the original mansion and it grew from just over 10,000 sq. feet to more than 17,500 sq. feet. Elvis, with his parents, lived in Graceland from 1957 until their deaths.

Today, Graceland is a famous landmark, housing many of Elvis' and the Presley's' properties. It is a museum and a showcase of Elvis' numerous awards, car collections and memorabilia. It is also here where the Meditation Garden can be found, the final resting place of Elvis and his parents. Graceland is the site of hundreds of thousands of visits and guided tours each year.

Circle G Ranch
The eternal flame once burned here. Elvis bought the Circle G Ranch when he needed more room for his horses. The pasture in his other property in Graceland was just not enough. Circle G Ranch is 163 acres of land he obtained in 1967 and is just a few minutes away from Graceland. Although it was originally intended to be a place where he could keep horses, Circle G became Elvis' hideaway. Along with his Memphis Mafia buddies, he would spend weeks at a time here, having laid-back fun with his family and friends.

The Circle G is where you'll find the Honeymoon Cottage (Elvis and Priscilla supposedly stayed there after their wedding) and the barbecue pit that Elvis' friends built for him. Elvis sold the ranch in 1970 and an 'eternal flame' was burned there in honor of its famous former owner. The ranch doesn't receive as many visitors as Graceland, which is why the eternal flame was eventually extinguished. With a few more visits from adoring fans, there's no reason why the flame shouldn't burn again.

Elvis Vacations

If you want to get to know Elvis better, visit the places where he's been. This is how you'll see the way he lived and how he was such a private person. Here are some of the things you can expect from an Elvis vacation:

Elvis vacations in Memphis, Tennessee
There are two things you'll love about Memphis, Tennessee and they are both larger than life. One is Dolly Parton and the other is Elvis Presley. Although he was born in Tupelo, Mississippi, Elvis and his parents moved to Tennessee when he was young. This is where he began his career as a singer.

There are several exclusive vacations such as Memphis Memories from Country Music Travel that are offered to Elvis fans who want to see Elvis' hometown. Memphis is just 200 miles from Nashville and there are several museums and special sites that will make any Elvis vacation memorable. Memphis is where you'll find Sun Studio where Elvis recorded some of his first songs and of course, his home at Graceland.

Another escorted tour is the Elvis and Southern Sounds Tour and the Tennessee Regional Music Tour. Elvis and Southern Sounds is a complete tour of the musical roots that began in certain parts of Tennessee while the regional music tour is a vacation that includes tours of Tupelo, Memphis and Nashville.

Touring Graceland
Graceland is the home of the Presley's and is well known as the most famous singing star's home in America. The 14-acre estate is also the place for one of the best Elvis vacations around. Some of these vacation tours include the Graceland Memphis Vacation and the Graceland Platinum Experience. Both vacation packages offer guided tours of the mansion along with its many attractions and a tour of Sun Studio, accommodations included.

Guided tours will take guests inside Elvis' beloved house. The tour guide will not take you upstairs to see the 'inner sanctum' but it will give you a good glimpse at the life Elvis led. The mansion houses two museums dedicated to Elvis' memory. Graceland is also the home of Elvis' numerous awards and his custom-built airplanes. In the Elvis 56 area of the Sincerely Elvis Museum, you'll also find exclusive photographs, movie footage and even archival documents that you won't find anywhere else.

If you want a taste of Elvis' life as a night owl, try one of those Elvis vacations that include a glimpse of this not-so-famous side of his personality. Elvis After Dark, for example, is an exhibit area found in the Graceland Crossing shopping center. It also includes the pool table used by Elvis and the Beatles. This pool table is available for use by the public for a fee.

Elvis As A Business Enterprise

Elvis lives on in his daughter.

On August 16, 1977, after Elvis Presley's death, his will stated that Vernon Presley, his father, was the trustee and executor of his personal and business affairs that weren't associated with his career. His other beneficiaries included Minnie Mae Presley, his grandmother and his daughter, Lisa Marie Presley. It also stated that Vernon could provide the other family members some funding if he found it needed. It was totally up to his discretion.

Vernon died in 1969 and Minnie Mae died the year after. Therefore, Elvis's only child Lisa Marie was the lone heir to the entire Elvis Enterprise. Elvis's will also stated that Lisa Marie's inheritance would be held until her twenty-fifth birthday which was February 1, 1993.

Vernon's successors were Joseph Hanks (Elvis's accountant), Priscilla Beaulieu Presley (Elvis's ex-wife and Lisa's legal guardian) and the National Bank of Commerce in Memphis. When Lisa turned 25, the trust dissolved and she was allowed to the Elvis Presley Trust which continues to manage the estate successfully. The National Bank and Priscilla both remain as co-trustees.

Lisa takes after her father
After five years, Lisa's role grew. She also became more involved in the management of the Elvis Presley trust and Elvis Presley Enterprises, Inc. or EPE. This is the business entity of the entire Elvis Presley trust. She was the Chairman of the Board till February of 2005. She sold the major interest of the company.

Had it not been for Elvis experiencing cash flow problems before his untimely death, Graceland could have been one of the greatest fortunes throughout entertainment history. The estate wasn't broke but there was a problem in the cash flow. Maintaining Graceland and its taxes cost over half a million dollars. It was only practical that Priscilla and the other executors have Graceland open for public viewing. On June 7, 1982, the palace of The King opened for public tours.

EPE had gotten hold of the shopping center across from the mansion. After Elvis's death, the former suburban strip and shopping center turned into Elvis souvenir shops that sold items which weren't licensed by the Estate. By getting management of the property, EPE overhauled it and turned it to the Graceland plaza.

Tourist site
Graceland opens its doors for over 600,000 tourists every year. It is also one of the most visited homes in America. Graceland was among the National Register of Historic Places in 1991.

The sole princess, Lisa Marie continues to retain absolute sole ownership of the mansion and its 13-acre grounds. She made the mansion and her father's property permanently available for tours. The money is used to fund all operations of the Elvis Presley Enterprise.