For the Old West-obsessed buyer, a rare opportunity to own a slice of history is on the market for $1.1 million in Pearce, Arizona.
Patricia Burris is selling the 127-year-old ghost town general store known as the Arizona Ghost Town Museum after converting it into a one-bedroom house, Reported Insider.
Burris and her husband Michael, a historian, bought the general store at 905 South Ghost Town Trail in 1996. The 3,882-square-foot building, originally built in 1895, has just one bedroom and two bathrooms and a half, according to Realtor.com.
It was his dream to restore the property, and after his passing, Burris spent three years working with local artisans and completed the renovation in 2019, according to the outlet. The Burris Ghost Town Museum comes complete with working vintage appliances from the era and antique horse-drawn carriages in the garage.
The listing price is more than five times the median listing price of $215.00 for homes in Pearce, a small residential market of less than 2,000 people. But other properties in town lack a working blacksmith shop and designation on the National Register of Historic Places.
While million-dollar homes aren’t the norm for the small ghost town, out-of-state buyers have spurred record growth in the luxury residential market elsewhere in Arizona. The most expensive listing in the entire state is an unbuilt mansion asking for $32 million in a gated community in Scottsdale.
A four-bedroom home that sold for $21 million in April set a new sales record for Phoenix’s wealthy suburb of Paradise Valley. The final price was $1.5 million under the request.
Alicia Keys and Swizz Beats sold their Phoenix mansion at a loss last August. The couple bought the four-bedroom home for $3.9 million in 2008 and sold it for $3.1 million.
–– Kate Hinsche