Elvis bought Graceland when he was just 22.
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Celebrating Elvis Presley: In Pictures
2. Elvis bought Graceland when he was just 22.
In 1957, Elvis paid $102,500 for Graceland, the Memphis mansion that was his home for two decades. Situated on nearly 14 acres, it was built in 1939 by Dr. Thomas Moore and his wife Ruth on land that once was part of a 500-acre farm dubbed Graceland in honor of the original owner’s daughter, Grace, who was Ruth Moore’s great-aunt. The Moores’ white-columned home also came to be known as Graceland, and when Elvis purchased the place he kept the name.