Psychic Buys Elvis’ Former Pad for $905,100
By: Diane Tuman, Content Manager | May 15, 2006
Uri Geller, a psychic who has achieved fame for his spoon-bending abilities and other paranormal activities — along with two other business partners — have made the winning eBay bid for a home where Elvis Presley lived for a price of $905,100. Let’s see now, at 3,000 square feet, that means the Geller team paid about $302 per square foot, whereas most of the comps for Elvis’ former property are around $100 per square foot. Obviously, they overpaid — but how can you put a price on Elvis?
- Stumble it!
- Categories: Celebrity Real Estate, Zillow
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grace on July 3, 2008 10:34 pm
The sentimental value and the name recognition may have not price tag at all. Maybe the spoon bender see the overpriced investment get a return in the future?