Elvis' honeymoon hideout, the swinging 'House of Tomorrow,' is marked down $1 million

Elvis' honeymoon hideout, the swinging 'House of Tomorrow,' is marked down $1 million

Meet the House of Tomorrow.

That's the name given half a century ago to 1350 Ladera Circle, Palm Springs. A big 1962 profile of the owners in Look magazine said that the house "proves California has only begun to show how luxurious things can be on this planet."

A few years later, it caught the eye of The King himself. Elvis Presley and his bride, Priscilla, spent their wedding night at the home on May 1, 1967, shacking up there for their honeymoon. Nine months later to the day, on Feb. 1, 1968, daughter Lisa Marie was born.

The swinging pad has been under the loving stewardship of a self-professed "Elvis junkie," homeowner M.L. Lewis, for almost 30 years. Lewis not only restored it but filled it with Elvis memorabilia -- all of which hit the market this past spring at $9.5 million.

And now, a million bucks has been knocked off the price tag of the 5,000-square-foot, four-bedroom, five-bathroom home.

Click here or on a photo for a slideshow with many more details about Elvis' $8.5 million honeymoon hideout, the House of Tomorrow in Palm Springs.

Related from Yahoo Homes:

Ringo Starr is moving to L.A., selling centuries-old English estate
Robin Williams' extraordinary Villa of Smiles is back on market with big markdown
Clayton Kershaw buys family-ready home base in L.A.

Here's a video from earlier this year, before the price was lowered:

[Editor's note: This post has been corrected to say that the home has five bathrooms, not two.]