Priscilla Presley Worth – Priscilla has sold her longtime 9,000-square-foot Spanish-style home Los Angeles, Beverly Hills mansion for $13 million, after originally listing the home for 16 million. Priscilla reduced the price by 3 million after it was on the market for four months.
Priscilla was desperate to sell her home to pay off her daughter’s debts. It seems that Lisa Marie has been living well above her means for years and with the recent divorce she claims she’s in debt to the tune of $16.7 million.
In court documents relating to Presley’s ongoing divorce from Michael Lockwood, it was revealed that Elvis’ daughter has accumullated debts including income taxes, a defaulted mortgage and a $110,000 credit card bills.What is Lisa Marie Worth?
It was the first time the property hit the market in 45 years. The mansion has seven bedrooms and 8.5 bathrooms, including a main suite with a private terrace. The interiors keep with the Spanish-style theme and include exposed beams and arched doorways.
It was built in 1951, and sits on about an acre of manicured lawns, gardens and patios. There is also a pool and tennis court in the backyard.