Priscilla Presley may have settled her dispute over Lisa Marie's trust for millions of dollars, but she lost out on one of her big asks ... being buried next to "The King" -- this according to sources with direct knowledge.
We're told Priscilla's request was a non-starter, and she backed down without much discussion.
While Priscilla may not know her final resting place, she still walked away with an impressive settlement. We're told she will get millions in return for dropping her claims over who controls Lisa's trust, which includes the Graceland mansion and a stake in Elvis Presley Enterprises.
Priscilla tells TMZ ... "Although I don't plan on going anywhere anytime soon. It is my family's and my wish for me to be laid to rest with my daughter and the love of my life when that time comes. We appreciate the love from all of the fans."