ELVIS PRESLEY’S FORMER BEVERLYHILLS HOME HITS THE MARKET FOR $30M

The former Beverly Hills home of Elvis and Priscilla Presley has returned to the market after a brief two-year hiatus. The home has been through quite a saga since 2012, when it was listed for the first time in more than two decades. Hard Rock Cafe founder Peter Morton purchased the house for $9.8 million, and rumors soon abounded that he planned to tear down the residence and redevelop the valuable Trousdale Estates parcel on which it sits. A massive public outcry helped to prevent that from happening, and Morton instead flipped the property in 2014 for $14.5 million. The buyer, a "mysterious corporate entity," according to Variety’s Real Estalker, appears to have hung onto the home until n

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