Graceland, Elvis' home/shrine/Atlantean UFO hanger, got its name from the previous inhabitant. The land was owned by a wealthy woman named Grace Toof. After Grace Toof died the property was divided equally among her niece Ruth Brown Moore and two nephews. The nephews sold their plots. Ruth was a big fan of Gone with the Wind and in 1940 built a mansion befitting a fine southern lady and imitating the mansion featured in the movie. She named the house/property Graceland in honor of her aunt Grace Toof. Grace Toof herself inherited the property from her father S.C. Toof, a wealthy owner of a printing firm.

In 1957 some relatives of Elvis spotted the mansion and thought it would be a home befitting of the burgeoning music star. Elvis promptly bought it for $100,000.

Graceland was officially inducted into the American National Register of Historic Places in 1991.