MEMPHIS, Tenn. (AP) - Graceland joined the homes of presidents past and present in becoming a National Historic Landmark Monday.
Graceland, where Elvis Presley lived much of his adult life, joins the White House, Mount Vernon, Monticello and the Alamo in receiving the country's highest designation for historic properties.*
Presley bought the home in 1957 for $103,000 dollars after the release of his first hit record, "Heartbreak Hotel."
Lisa Marie Presley, the daughter of Elvis and Priscilla and the sole owner of Graceland, said that fans all over the world have the opportunity through Graceland to share in her family's memories. More than 600,000 tourists visit the home each year, making it one of the five most visited home museums in the country.