Elvis Presley's granddaughter fights against sale of Graceland

Riley Keough, the granddaughter of the late Elvis Presley, is fighting against the sale of his historic Graceland mansion.

A legal notice states that the palatial mansion at 3734 Elvis Presley Boulevard in Memphis, Tennessee, will be sold at a foreclosure auction at Shelby County Courthouse on May 23 at 11am (GMT). However, Keough is battling the threat with a lawsuit.

The legal notice alleges that Elvis Presley’s daughter, the late Lisa Marie Presley (Keogh’s mother), signed a Deed of Trust in 2018, securing a $US3.8 million ($AU5.7 million) loan with company Naussany Investments and Private Lending, with Graceland to be used as collateral.

Keough, a Hollywood actress, filed a lawsuit on May 15 in Shelby County Chancery Court, claiming that her mother never secured a loan from the company and her signatures on the deed are forgeries.

“These documents are forgeries,” the lawsuit says.

In response to Keough’s lawsuit, a temporary restraining order has been granted with an injunction hearing set for Wednesday.

Elvis Presley, known as the King of Rock and Roll, died age 42 in August 1977 as a result of a cardiac arrhythmia.

The American singer-songwriter lived at Graceland from 1957 to 1977, purchasing the two-storey, Colonial Revival-style mansion for $US102,500 ($AU153,980).

Colonial Revival homes are known for their classical columns, central entrance and symmetrical windows with decorative features.

On just under six hectares, Graceland contains 23 rooms including eight bedrooms and four bathrooms. There is an entrance gate with a musical score and a kidney-shaped pool.

The interior aesthetic is bold and lavish with rooms in various themes.

Lisa Marie Presley inherited Graceland when she turned 25 years old. Following her death in January 2023, age 54, from a small bowel obstruction, Keough became the sole trustee and owner.

Graceland opened to the public as a house museum in June 1982, with more than 650,000 visitors each year.

Three grand estates for sale in Australia

Contact Agent

4 Bosc Court, Templestowe VIC 3106

6

5

10

View property

The Victorian residence is compared to “Buckingham Palace” by the listing agent.

Expressions of interest close 18 June at 4pm

34 Were Street, Brighton VIC 3186

5

7

8

View property

In Melbourne’s Brighton, the property is all about “phenomenal scale and extravagant finishes”.

Price on request

21 Long Arm Parade, St Huberts Island NSW 2257

5

6

2

View property

The property is set on a deep waterfront parcel.