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South Dakota ghost town drops in price to $250,000

By
Ben Hooper
The ghost town of Swett, S.D., is being listed for $250,000, down from the previous asking price of $399,000. Keller Williams Black Hills/YouTube video screenshot
The ghost town of Swett, S.D., is being listed for $250,000, down from the previous asking price of $399,000. Keller Williams Black Hills/YouTube video screenshot

SWETT, S.D., Dec. 1 (UPI) -- The real estate agent seeking to sell the ghost town of Swett, S.D., said the 6.16-acre property dropped in price from $399,000 to $250,000.

Stacie Montgomery, a real estate agent with Keller Williams Reality, said the town of Swett -- which comes with with a purportedly haunted house, a garage and a closed tavern without a liquor license -- is being offered at a sharply discounted price after it failed to sell following its initial listing by a former owner in June 2014 and its re-listing the following month by the bank that seized the town.

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Montgomery said the property received a flurry of interest following its listing, but thus far none of the offers have come to fruition.

"Some of the types of individuals who have been interested in the past included people who wanted to be their own mayor, people who wanted to live off-grid, several production companies thinking about reality shows, hunters who wanted to create a hunting lodge, or somebody who wants to own a bar," Montgomery told the Rapid City Journal.

"But the weirdest one came from a guy out of Nebraska who wanted to bring in 2,000 women from Russia, and 600 men who were felons, and he was going to build acrylic houses and run cameras 24 hours a day," Montgomery said. "I told him he needed to call the state because I couldn't deal with the permits for anything like that."

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She said the bank made some improvements to the ghost town, including hauling away derelict vehicles.

"They even installed shiny new town signs for Swett," Montgomery said. "The old ones had bullet holes in them."

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