Yes, it is unabashedly a tourist trap. But if you go to Memphis, how can you not visit the estate of Elvis Presley, the greatest American singing legend? So we shelled out the cash and took a multi-hour tour of the top sightseeing attraction in town, electing to tour both the house and the multiple museum displays.
The house sits on one side of the highway, faced by a large parking lot and museum complex on the opposite side. Once you buy your ticket, you first see a movie about Elvis’ life and estate. You are then issued an iPad, preloaded with a tour narrated by John Stamos, who played Jesse on the TV series “Full House.” (Trivia: the character on the show was named after Elvis’ stillborn twin brother.)
The tour takes you through the ground floor, outbuildings, and grounds of the estate. The upstairs portion of the house is still private for the Presley family. Because you control the speed of the tour, you are able to see as much as you want (Ellen) or as little (Ken) of each room, and can take as many pictures (Ken) as you wish.
The tour was very well done, carefully omitting the controversial portions (conflicts with Colonel Parker, divorce, drug aspects of his death) while focusing on his personality, possessions, and career. Everywhere possible, Elvis songs permeate the background, so you are quite immersed in the Elvis experience.
If you are ever in Memphis, I would label this a must see, although you must have a fair capacity to absorb all things Elvis, down to the details about the last car he drove and last instrument he played on the day he died. Here are 10 photos that give you a taste.
In 1957, Elvis purchased the house and 14 acre estate for just over $100K. 
Here is the living room, decorated late 70s. 
The Media room had 3 TVs, after Elvis heard a report that LBJ watched all 3 major network news shows at the same time. Mirrored ceiling in this room mimics the mirrors everywhere in the house. 
This is the game room. I left out the famous jungle room and the outbuilding that housed the racquetball court and office. 
He kept horses most of the time he lived here and loved to ride. 
I was disappointed to see this display as the only remnant of his slot car collection. He once had a 155′ 8-lane commercial track here. 
The auto collection was amazing, with multiple Rolls Royces, Continentals, Mercedes, a Ferrari, MG, several custom motorcycles, a go-kart, even custom golf carts to run around the estate. Every luxury or sports vehicle was represented, including custom Harleys and trikes. My favorite car was the Stutz Blackhawk, shown here. 
Most, but not all, of his gold and platinum records are displayed here. 
There are also dozens of displays of outfits. There were several quotes on the walls, including one that said he never lost his stage fright. He was always nervous before every concert. 
Elvis grew up poor and promised his parents that their only son would buy them a nice house, which is why he purchased Graceland. He moved them in from the beginning, and both he and they are buried on the grounds.