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Riley Keough wants to keep Elvis' Graceland Mansion as the new owner

Riley Keough wants to keep Elvis' Graceland Mansion as the new owner

After all, everything won't be messed up with Graceland.

Actor Riley Keough, Elvis Presley's granddaughter, hopes to preserve the king's iconic mansion. People reported on Sunday. Keough inherited the estate and her family's trust following the death of her mother, Lisa Marie Presley, last year.

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“My hope is to continue what my grandmother (Priscilla Presley) and then my mother did, which was just preserving our family home,” Keough said People in an email.

She is able to do this thanks, among other things, to a judge who blocked the sale of Graceland in May. The property was scheduled to go up for auction earlier this year, but a temporary restraining order was issued after Keough accused the company Naussany Investments and Private Lending of trying to sell the home as part of a fraudulent scheme. Graceland was originally purchased by Elvis in 1957 for just $102,500. It has since been added to the National Register of Historic Places and receives approximately 600,000 visitors each year.

“As the court has now made clear, the claims were unfounded. There will be no foreclosure,” a spokesman for Elvis Presley Enterprises told CBS when the judge's ruling was issued. “Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to enjoy a first-class experience when visiting his legendary home.”

Graceland has been in the news lately for other reasons too. In July, Elvis' estate warned that memorabilia associated with the musician may be counterfeit. The auction house GWS Auctions had put some of the king's clothing, jewelry and letters under the hammer, but Graceland executives raised questions about the authenticity of the items. For its part, GWS stood behind the Elvis pieces sold, stating that they met the company's qualification standards.

Elvis fans can still visit Graceland to honor the late rock 'n' roller as part of the property has been converted into a museum. There you can, among other things, view Elvis' own private jets. But at least one thing isn't visible: a derelict plane that sat in the desert for 40 years and was auctioned off in 2023 for $260,000.

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