Introduction
Elvis Presley’s Iconic Graceland Mansion Caught in Legal Battle Over Foreclosure Claim
Elvis Presley’s legendary Graceland mansion in Memphis, Tennessee — one of the most visited private homes in the United States — is now at the center of an intense legal dispute. The property, a beloved landmark for fans worldwide, is facing a looming foreclosure auction scheduled for later this week.
Danielle Riley Keough, Elvis’s granddaughter and the current owner of the estate, has filed a lawsuit to stop the sale. In her legal filing, Keough claims the foreclosure threat is based on fraudulent documents and a debt that never existed.
The company at the center of the dispute, Naussany Investment & Private Lending LLC, alleges that Lisa Marie Presley — Elvis’s only daughter and Keough’s mother — took out a loan from them and used Graceland as collateral. They further claim that the debt remained unpaid at the time of Lisa Marie’s death in 2023.
Keough’s lawsuit firmly denies these claims, arguing that no such loan was ever made and that the documents presented are fabricated. The court will now decide whether the foreclosure auction will move forward or be halted pending further investigation.
Graceland, purchased by Elvis Presley in 1957, has become a symbol of the King of Rock ’n’ Roll’s legacy and a major cultural attraction, drawing hundreds of thousands of visitors annually. The outcome of this legal battle could determine whether the property remains in the Presley family or faces an uncertain future.