Elvis Presley purchased Graceland in Memphis on March 25, 1957, for $102,500. He was only 22 years old at the time and bought the mansion along with 13.8 acres of surrounding land. The mansion measured 10,266 square feet when Presley purchased it. He bought the property as a home for himself, his parents and his paternal grandmother.
His family moved into Graceland on May 16, 1957, after renovations were completed. Presley was away filming “Jailhouse Rock” at the time and spent his first night at the mansion on June 26, 1957.
