Will Presley fans flock to his Palm Springs home?

An Elvis Presley fan wants to give Graceland a run for the money by refurbishing the King's old desert home as a tourist attraction.

Reno Fontana and his wife, Laura, bought the Palm Springs, Calif., home site unseen in November. "I want this to be Elvis of California," he said.

The Spanish-style white stucco home has five bedrooms and seven bathrooms, with a sunken tub and a pool. Elvis and Priscilla Presley bought the home in April 1970. The family, including daughter Lisa Marie, lived there part-time.

After his death, Presley's lawyer took control of the estate. It was not immediately known whether anyone lived in the house before the Fontanas bought it.