National

This entire Georgia town costs about the same as a Bay Area home

SAN FRANCISCO (KRON) - Why buy one home when you can own an entire town "in the heart of Georgia," complete with several homes, a hotel, restaurant, and more? 

That's right -- you could be the owner of an entire town in the South. 

Welcome to Toomsboro, Georgia, where $1.7 million can get you around 37 parcels of property and 40 acres of land. 

 

 

The town of 700 includes the following "amenities": 

  • Abandoned restaurant
  • Syrup mill 
  • Opera house 
  • Bank
  • Railroad depot
  • Gas station
  • Barber shop
  • Hotel
  • Banquet hall
  • Cotton warehouse

The town was previously purchased by David Bumgardner with plans of turning it into a tourist attraction, according to Atlanta Magazine.

"The owners are hoping to see the Toomsboro real estate property in the right hands. New owners that understand it's uniqueness and the importance of preserving historic properties. Once you see the heart pine flooring and original tile one will understand why the preservation is so important," the town's website reads.

Around 81 percent of homes in San Francisco are worth $1 million or more, according to a November 2018 study from real-estate website Trulia.

 Only 3.6 percent of all homes nationwide are $1 million, Trulia revealed.

To learn more about Toomsboro, visit toomsboroforsale.com.

WHAT OTHERS ARE CLICKING ON:

>>MORE STORIES


Bay Area News

Video Center

Latest News

Stay Connected