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Elvis Presley’s House Sold on eBay to Psychic

Posted on May 15, 2006 by

Did he predict the winning bid? Psychic Uri Geller and two partners purchased the Tennessee house that Elvis Presley called home before moving to Graceland. The house sold for $905,100 US on Internet auction site eBay.

?We intend to restore it to its old glory. We would like to bring sick children there (for tours), Palestinian children, Israeli children, American children,? the Israeli-born Geller told Reuters.

?Hopefully one day we might get approval to turn it into a museum.?

The four-bedroom, two-bath house in Memphis was purchased by Presley in 1956 with a $500 down payment. He lived there for 13 months.

Geller has been an avid collector of Elvis memorabilia ever since he met the ?King? in Las Vegas in the 1970s.

His partners in the purchase are New York lawyer Jim Gleason and UK-based jewelry maker Lisbeth Silvandersson.

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