For under $1 million you could own an entire California ghost town

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Cerro Gordo

We’ve taken you on a journey throughout the Bay Area showing you the crazy real estate market. 

From a burned out home in Mountain View to a condemned house in Fremont, it seems as if buying a piece of real estate in the Bay may take some serious sacrificing. 

But, what if we told you somewhere in the Golden State you could buy an entire ghost town for just under $1 million? 

You heard it right. 

You could be the proud owner of a ghost town in the Owens Valley near Lone Pine, California, which is about 300 miles north of San Diego. 

And it’ll only cost you $925,000. 

So, in comparison to the Bay Area — it looks to be a pretty sweet deal! 

According to the property listing, Cerro Gordo — Spanish for “Fat Hill” — was once an old mining town and occupies about 317 acres consisting of 22 buildings including a hotel. 

The whole town spans around 24,000 square feet.

“The site has been extremely well protected from diggers, artifact looters, and Mother Nature herself,” the listing says. 

Features include valley views, horse property, a storage shed, and out buildings.

During its prime in the Civil War era, the settlement flourished and was filled with silver miners with ties to Los Angeles. 

“The site is historic as the first major mining camp south of the Sierra Nevada,” according to the listing. 

You will get electricity at Cerro Gordo, but water has to be delivered. 

Cerro Gordo has been privately owned by the same family for years and only recently hit the market. 

The town is currently open to the public for tours. 

To learn more, click here. 

You can also check out a video of the property below: 

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