You can buy a California town for less than many Bay Area homes

posted by @JonManuel -

Well, technically we're talking about a ghost town here... but it's still a town!

Here's a look at CERRO GORDO, which recently went on the market for $925,000:

Here's all the info from the video's YouTube description:

Cerro Gordo provides the rare opportunity to own your own Ghost Town and Mining Operation.  For those looking to acquire a piece of American West, Cerro Gordo is for you.  The townsite has 24,000 square feet of buildings remaining. including the incredibly historic hotel, the Belshaw bunkhouse, hoist house, super intendents house - nearly 22 buildings in all.  The property expands over 300 acres of patented mining claims. Held by the same family for decades and only available for purchase now.  The site has been extremely well protected from diggers. artifact looters and Mother Nature herself. Restoration has been undertaken on most of the buildings. and the rest are in a state of protected arrested decay.  The site is historic as the first major mining camp south of the Sierra Nevada. Cerro Gordo is a privately-owned Mining Town located in the Owens Valley near Lone Pine, California. The town was the silver thread to Los Angeles, being partially responsible for its growth and economic development.  Please view www.GhostTownForSale.com for more information.

Here's a Google Maps look at where the site sits in relation to the rest of California:

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