January 30, 2013 3:32 PM
Elvis Presley's former Trousdale Estates home in Beverly Hills went on the market in October for $12.995 million, and now Hard Rock co-founder Peter Morton has snapped up the place for $9.8 million.
The 5,367-square-foot home sits on a 1.19 acre lot, and it has four bedrooms and five bathrooms. Back in 1967 Elvis and his new bride Priscilla purchased the house for $400,000, and it was built in 1958.
The home has an attached guest house with additional private bathroom, and there is a formal dining room, a living room with a fireplace, a media room and a recently upgraded eat-in kitchen. The single story home has floor to ceiling windows and sliders throughout, a pool and spa and an amazing view.
While RealEstalker reports that the house "remains remarkably intact from the time Presley owned it in the mid to late-sixties," sadly it looks like Morton plans tear it down and build a brand new one.
Take A Tour Of The Luxury Retreat Where Angelina Jolie And Brad Pitt Stayed In Australia
Check Out Gisele Bundchen And Tom Brady's Picturesque Bahamas Getaway
Richard Branson's Necker Island Is Almost Back Open For Business After Fire