Circle G Ranch, previously owned by Elvis Presley, is officially under new ownership
The Circle G Ranch in Horn Lake, Miss., has been purchased and is now officially under new ownership. The 231 acre tract, of which 163 acres is well known for once being owned by Elvis Presley and his wife, Priscilla, sits on the corner of Highway 301 and Goodman Road. The property is rich in historical features including the Honeymoon Cottage shared by Elvis and Priscilla, the stable where Elvis kept his horses, a 14 acre lake and a prominent 55 foot cross.
The property has been purchased by a group of investors led by Mississippi native Davage “Buddy” Runnels Jr., the founder and owner of Real Estate International, Inc. REI, based in Destin, is a commercial and residential development group established more than 47 years ago.
Runnels, along with his real estate and development team, played an integral role in the establishment of the Destin area as one of the most desirable destination vacation spots by developing commercial, residential and over 11 condo projects with 2,000 units in the southeast. In addition to condo and commercial development, Runnels developed Kelly Plantation, an exclusive 900 acre master planned community along the shores of Choctawhatchee Bay in Destin. Kelly Plantation is home to a championship golf course designed by Fred Couples.
Specific plans for the restoration of the property will be announced in the future. For more information, visit www.circlegranch.com.