Palais Elysée – Residence of the French President Leave a Comment / Uncategorized / By admin The Élysée Palace is the official residence of the President of the French Republic in Paris. It is located in the 8th arrondissement of Paris, near the Champs-Élysée. The palace is open on the French Heritage Days. The palace is built in 1722. In 1873, under the Third Republic, the Élysée became the official presidential residence. In 1899.