Here is an interesting opportunity for the billionaire, the house that was owned by the famous rock and roll star Elvis Presley, Ray Kroc of McDonald's fame, and the singer Frankie Valli, immortalized by the movie Jersey Boys. The property has been referred to as Graceland West. The house is located at 845 West Chino Canyon Road in Palm Springs, California. This 5,040 square foot home with a swimming pool and entertainment suite has four bedrooms and seven bathrooms, and is located on a 1.75 acre lot. it is being sold as a foreclosure and is being sold at $2,590,000. Zillow gives a foreclosure estimate of $1,748,237 In March of this year, it was listed for $3,950,000, then in August, it was lowered to $2,999,999. Then this month, it was dropped to $2,590,000. If you like homes with celebrity connections, this is the one for you.