Advertisement
Canada markets open in 8 hours 17 minutes

  • S&P/TSX

    21,740.20
    -159.79 (-0.73%)
     

  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     

  • DOW

    37,735.11
    -248.13 (-0.65%)
     

  • CAD/USD

    0.7249
    -0.0004 (-0.05%)
     

  • CRUDE OIL

    85.94
    +0.53 (+0.62%)
     

  • Bitcoin CAD

    86,248.40
    -3,501.69 (-3.90%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • GOLD FUTURES

    2,403.70
    +20.70 (+0.87%)
     

  • RUSSELL 2000

    1,975.71
    -27.47 (-1.37%)
     

  • 10-Yr Bond

    4.6280
    +0.1290 (+2.87%)
     

  • NASDAQ futures

    17,851.50
    -24.75 (-0.14%)
     

  • VOLATILITY

    19.23
    +1.92 (+11.09%)
     

  • FTSE

    7,965.53
    -30.05 (-0.38%)
     

  • NIKKEI 225

    38,369.94
    -862.86 (-2.20%)
     

  • CAD/EUR

    0.6827
    +0.0003 (+0.04%)
     
MARKETS LIVE BLOG:

STOCKS SLIP WITH MIDEAST TENSIONS, EARNINGS IN PLAY

Oil pares losses as traders anticipate Israel's response to Iranian attack

Nobody wants to buy this Connecticut ghost town that's on sale for $2.62 million

  • <p>Johnsonville, Connecticut, is the shell of a once booming mill town. </p>
    1/20

    Connecticut ghost town on sale for $2.62 million

    Johnsonville, Connecticut, is the shell of a once booming mill town.

  • <p>Established in 1802, the little hamlet became an industrial center for twine production. </p>
    2/20

    Connecticut ghost town on sale for $2.62 million

    Established in 1802, the little hamlet became an industrial center for twine production.

  • <p>A community rose up around the mill. Homes, a church, a store, and a post office insulated the town from the outside. It’s unknown how many people lived in Johnsonville at its peak. </p>
    3/20

    Connecticut ghost town on sale for $2.62 million

    A community rose up around the mill. Homes, a church, a store, and a post office insulated the town from the outside. It’s unknown how many people lived in Johnsonville at its peak.

  • <p>Lightning struck the mill in 1972. ‘The mill burned down and that was the end of the town,’ Sherri Milkie, a real estate agent overseeing the listing, tells Business Insider. </p>
    4/20

    Connecticut ghost town on sale for $2.62 million

    Lightning struck the mill in 1972. ‘The mill burned down and that was the end of the town,’ Sherri Milkie, a real estate agent overseeing the listing, tells Business Insider.

  • <p>The town changed hands in the 1960s. Raymond Schmitt, a rich man who made his fortune in aerospace manufacturing, transformed Johnsonville into his personal playground. </p>
    5/20

    Connecticut ghost town on sale for $2.62 million

    The town changed hands in the 1960s. Raymond Schmitt, a rich man who made his fortune in aerospace manufacturing, transformed Johnsonville into his personal playground.

  • <p>‘He purchased (Johnsonville) just for the heck of it,’ Milkie said. After the mill burned down, Schmitt tried to restore the town so that it might be a time capsule of simpler times. </p>
    6/20

    Connecticut ghost town on sale for $2.62 million

    ‘He purchased (Johnsonville) just for the heck of it,’ Milkie said. After the mill burned down, Schmitt tried to restore the town so that it might be a time capsule of simpler times.

  • <p>He found buildings along the Eastern seaboard, including a general store, a clock and toy store, a church, and a school, and had them dismantled and brought to Johnsonville. </p>
    7/20

    Connecticut ghost town on sale for $2.62 million

    He found buildings along the Eastern seaboard, including a general store, a clock and toy store, a church, and a school, and had them dismantled and brought to Johnsonville.

  • <p>Today, these buildings sit vacant overlooking Johnson Mill Pond. </p>
    8/20

    Connecticut ghost town on sale for $2.62 million

    Today, these buildings sit vacant overlooking Johnson Mill Pond.

  • <p>Schmitt rarely let outsiders in, but he profited when they did. He rented the town out for weddings. The white Victorian church with a cornflower blue door set a romantic scene. </p>
    9/20

    Connecticut ghost town on sale for $2.62 million

    Schmitt rarely let outsiders in, but he profited when they did. He rented the town out for weddings. The white Victorian church with a cornflower blue door set a romantic scene.

  • <p>In 1988, The New York Times printed an ad inviting the public to celebrate Johnsonville’s history and recreation by the Schmitts’ at a one-day ‘Festival of the Forgotten Arts.’ </p>
    10/20

    Connecticut ghost town on sale for $2.62 million

    In 1988, The New York Times printed an ad inviting the public to celebrate Johnsonville’s history and recreation by the Schmitts’ at a one-day ‘Festival of the Forgotten Arts.’

  • <p>Visitors could tour the buildings resurrected by Schmitt, as well as the original Johnson house. Milkie says it is one of several architectural jewels in Johnsonville. </p>
    11/20

    Connecticut ghost town on sale for $2.62 million

    Visitors could tour the buildings resurrected by Schmitt, as well as the original Johnson house. Milkie says it is one of several architectural jewels in Johnsonville.

  • <p>The home features multiple styles of architecture and original marble flooring. It’s rumoured to be haunted by the town’s founder, Emory Johnson, but the caretaker denies it. </p>
    12/20

    Connecticut ghost town on sale for $2.62 million

    The home features multiple styles of architecture and original marble flooring. It’s rumoured to be haunted by the town’s founder, Emory Johnson, but the caretaker denies it.

  • <p>The old barn is another masterpiece. It makes for a charming event venue. </p>
    13/20

    Connecticut ghost town on sale for $2.62 million

    The old barn is another masterpiece. It makes for a charming event venue.

  • <p>In 1994, Schmitt closed Johnsonville and hung ‘For Sale’ signs at the entrance. He reportedly tried to sell the property for $4.7 million, but failed to find any takers. </p>
    14/20

    Connecticut ghost town on sale for $2.62 million

    In 1994, Schmitt closed Johnsonville and hung ‘For Sale’ signs at the entrance. He reportedly tried to sell the property for $4.7 million, but failed to find any takers.

  • <p>Meyer Jabara, a hotel group based out of Danbury, Connecticut, scooped up the property in 2001 with plans to convert it yet again into a retirement community. </p>
    15/20

    Connecticut ghost town on sale for $2.62 million

    Meyer Jabara, a hotel group based out of Danbury, Connecticut, scooped up the property in 2001 with plans to convert it yet again into a retirement community.

  • <p>According to Milkie, the blueprints were drawn up but the buyer ‘got distracted on other projects.’ The town has sit unoccupied and in disrepair for 16 years. </p>
    16/20

    Connecticut ghost town on sale for $2.62 million

    According to Milkie, the blueprints were drawn up but the buyer ‘got distracted on other projects.’ The town has sit unoccupied and in disrepair for 16 years.

  • <p>Since 2015, Meyer Jabara has slashed its asking price from $3.23 million to $2.55 million. </p>
    17/20

    Connecticut ghost town on sale for $2.62 million

    Since 2015, Meyer Jabara has slashed its asking price from $3.23 million to $2.55 million.

  • <p>Milkie said the possibilities are ‘unlimited’ in a place like Johnsonville. It could be a tourist attraction, wedding and event venue, or solar and wind farm. </p>
    18/20

    Connecticut ghost town on sale for $2.62 million

    Milkie said the possibilities are ‘unlimited’ in a place like Johnsonville. It could be a tourist attraction, wedding and event venue, or solar and wind farm.

  • <p>She said a group of mediums, or people who believe they can communicate with the dead, have expressed interest in buying the town. There have been no firm offers. </p>
    19/20

    Connecticut ghost town on sale for $2.62 million

    She said a group of mediums, or people who believe they can communicate with the dead, have expressed interest in buying the town. There have been no firm offers.

  • <p>If you’ve got $2.55 million — and a little elbow grease — Johnsonville could be all yours. </p>
    20/20

    Connecticut ghost town on sale for $2.62 million

    If you’ve got $2.55 million — and a little elbow grease — Johnsonville could be all yours.

<p>Johnsonville, Connecticut, is the shell of a once booming mill town. </p>
<p>Established in 1802, the little hamlet became an industrial center for twine production. </p>
<p>A community rose up around the mill. Homes, a church, a store, and a post office insulated the town from the outside. It’s unknown how many people lived in Johnsonville at its peak. </p>
<p>Lightning struck the mill in 1972. ‘The mill burned down and that was the end of the town,’ Sherri Milkie, a real estate agent overseeing the listing, tells Business Insider. </p>
<p>The town changed hands in the 1960s. Raymond Schmitt, a rich man who made his fortune in aerospace manufacturing, transformed Johnsonville into his personal playground. </p>
<p>‘He purchased (Johnsonville) just for the heck of it,’ Milkie said. After the mill burned down, Schmitt tried to restore the town so that it might be a time capsule of simpler times. </p>
<p>He found buildings along the Eastern seaboard, including a general store, a clock and toy store, a church, and a school, and had them dismantled and brought to Johnsonville. </p>
<p>Today, these buildings sit vacant overlooking Johnson Mill Pond. </p>
<p>Schmitt rarely let outsiders in, but he profited when they did. He rented the town out for weddings. The white Victorian church with a cornflower blue door set a romantic scene. </p>
<p>In 1988, The New York Times printed an ad inviting the public to celebrate Johnsonville’s history and recreation by the Schmitts’ at a one-day ‘Festival of the Forgotten Arts.’ </p>
<p>Visitors could tour the buildings resurrected by Schmitt, as well as the original Johnson house. Milkie says it is one of several architectural jewels in Johnsonville. </p>
<p>The home features multiple styles of architecture and original marble flooring. It’s rumoured to be haunted by the town’s founder, Emory Johnson, but the caretaker denies it. </p>
<p>The old barn is another masterpiece. It makes for a charming event venue. </p>
<p>In 1994, Schmitt closed Johnsonville and hung ‘For Sale’ signs at the entrance. He reportedly tried to sell the property for $4.7 million, but failed to find any takers. </p>
<p>Meyer Jabara, a hotel group based out of Danbury, Connecticut, scooped up the property in 2001 with plans to convert it yet again into a retirement community. </p>
<p>According to Milkie, the blueprints were drawn up but the buyer ‘got distracted on other projects.’ The town has sit unoccupied and in disrepair for 16 years. </p>
<p>Since 2015, Meyer Jabara has slashed its asking price from $3.23 million to $2.55 million. </p>
<p>Milkie said the possibilities are ‘unlimited’ in a place like Johnsonville. It could be a tourist attraction, wedding and event venue, or solar and wind farm. </p>
<p>She said a group of mediums, or people who believe they can communicate with the dead, have expressed interest in buying the town. There have been no firm offers. </p>
<p>If you’ve got $2.55 million — and a little elbow grease — Johnsonville could be all yours. </p>
Business Insider

Johnsonville, Connecticut, looks straight out of an episode of “Twin Peaks” — old mill included. But unlike the small town on TV, Johnsonville has been abandoned for nearly 20 years.

Located on 62 acres off the Connecticut River, Johnsonville is up for grabs at $2.62 million. An eccentric millionaire with the funds to spare will find green pastures, old-timey buildings, and the former owner’s mansion, which is rumoured to be haunted by Mr. Johnson himself.

It’s now unoccupied, with the exception of a caretaker and a security guard who keeps aspiring ghost hunters and urban explorers from snooping around the grounds. Take a look.

(All photos credited to Business Insider)