Plans to auction off Elvis Presley’s home and burial site, Graceland, have been halted following a legal intervention by his granddaughter, Riley Keough. A Tennessee judge has issued a temporary injunction against the sale.
On Wednesday, a court spokesperson confirmed that Shelby County Chancellor JoeDae Jenkins blocked the proposed sale, which was set to take place on Thursday.
“There was no validity to the claims. There will be no foreclosure,” Graceland and Elvis Presley Enterprises stated. “Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best-in-class experience when visiting his iconic home.”
Riley Keough, who currently owns the historic 13-acre estate in Memphis, had labeled the planned foreclosure as “fraudulent” and filed a lawsuit to prevent it.
Following the death of her mother, Lisa Marie Presley, in 2023, Riley was named the sole owner and trustee of the family estate.
Reports indicate that Lisa Marie took out a $3.8 million loan in 2018, using Graceland as collateral. The lending company claimed that the loan had not been repaid before her death.
