For $6.5 million, a ranch fit for a King

Discussion

October 11, 2009

Anonymous The Meridian Star Sun Oct 11, 2009, 11:17 PM CDT

MEMPHIS, Tenn. (AP) — For $6.5 million, you can own a piece of property fit for a King.

The famous Circle G Ranch, better known as the Elvis Ranch near Memphis, is available — and people have been inquiring from all over the world.

Prudential Collins-Maury Realtors agent Rodger Motz, who is handling the sale, told The Memphis Commercial Appeal that calls have come from as far away as Denmark.

‘‘I knew before I listed the property that there were a lot of Elvis fans out there,’’ Motz said. But I have to admit, I was surprised to get a call from that far away.’’

Elvis Presley owned the 155-acre ranch, just across the Tennessee-Mississippi state line in Horn Lake, Miss., from 1966-71. He and Priscilla honeymooned there in 1968, and the building known as the ‘‘honeymoon cottage’’ still stands today.

Motz said the ranch is zoned for planned unit development, but it’s anyone’s guess what will become of the property once it’s sold.

‘‘When it was for sale a few years back, we were trying to make a Starz Resort out of it,’’ Motz said. ‘‘We tried two different times to get that done with two different buyers, but they never came through with the money.’’

Horn Lake planning director Anita Rainey said large-scale developments would be a failure.

‘‘There has been talk of a development that would be sort of a cross between Branson, Mo., and Las Vegas,’’ Rainey said. ‘‘Some people have had visions of high-rise condos and honeymoon cottages — even a replica of the White House. But I don’t see that happening.’’

Rainey said a large number of tourists find the ranch during annual Elvis Week festivities, and she believes it could be an even bigger draw if it’s developed properly.

Rainey hopes a buyer puts together a combination of residential and commercial development with certain elements of Elvis history preserved as the centerpiece.

‘‘I think they should maintain certain parts of the ranch like the honeymoon house and the bridge across the lake,’’ Rainey said. ‘‘There’s also a cross out there that was built before Elvis bought the property, and I believe that should stay.’’

Rainey said the area needs some outlets for tourists to spend money while taking in some Elvis history. Such a combination would be good for Horn Lake, she said.

‘‘During Elvis Week, it’s always hard for me to believe the number of people out there taking pictures of a pasture,’’ Rainey said. ‘‘If there were restaurants and hotels out there, it could certainly be a very positive thing for the city.’’

———

Information from: The Commercial Appeal, http://www.commercialappeal.com

Text Only

National News

Obama: Al-Qaida head bin Laden dead
Osama bin Laden, the glowering mastermind behind the Sept. 11, 2001, terror attacks that murdered thousands of Americans, was killed in an operation led by the United States, President Barack Obama said Sunday.
A small team of Americans killed bin Laden in a firefight Sunday at a compound in Pakistan, the president said in a dramatic late-night statement at the White House.

May 2, 2011 1 Photo
Governors' races offer heated skirmishes
WASHINGTON (AP) - Some of the sharpest bare-knuckle skirmishes this election season are the races for governor, especially in states shouldering the highest unemployment rates and largest tax increases.
Many also are important in presidential elections, and both parties are pouring millions of dollars into statehouse races in the closing days of the campaign.

October 25, 2010
Employers looking at health insurance options
WASHINGTON (AP) - The new health care law wasn't supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations.
But last week a leading manufacturer told workers their costs will jump partly because of the law. Also, a Democratic governor laid out a scheme for employers to get out of health care by shifting workers into taxpayer-subsidized insurance markets that open in 2014.

October 25, 2010
Governors brace for more economic turmoil
WASHINGTON (AP) — On the recession’s front lines, governors are struggling to chart the road ahead for states staggered by unrelenting joblessness and cut-to-the-bone budgets even as Washington reports signs of economic growth.
‘‘The worst probably is yet to come,’’ warned Gov. Jim Douglas, R-Vt., chairman of the National Governors Association, at the group’s meeting Saturday. He called the situation ‘‘fairly poor’’ in most states, adding that it ‘‘doesn’t look too good.’’

February 22, 2010
Senator's Office-Arrests
Four men accused of trying to tamper with Democratic U.S. Sen. Mary Landrieu's office phones shared a common experience as young ideologues writing for conservative publications.

January 27, 2010 1 Photo
(10:18 a.m.) Runaway Convert Runaway Ohio girl to remain free of Muslim parents

January 20, 2010
(9:01 a.m.) Haiti-Americans US husband saves wife trapped in Haiti rubble
January 13, 2010
(1:58 p.m.) Hubble Photo Hubble telescope shows earliest photo of universe
January 5, 2010
(8:41 a.m.) Border GPS Phone points illegal border crossers to water
December 29, 2009
(8:53 a.m.) Airline Scare No danger on Sunday flight _ just an ill passenger
December 28, 2009
More National News Headlines

National News

Search Results

Discussion

For $6.5 million, a ranch fit for a King

Site Map

Contact Us