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Mysterious Company Buys California Ghost Town for $22.58 Million

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A California company spent $22.58 million to purchase Eagle Mountain, a ghost town that shut down 40 years ago.

There is little information about Ecology Mountain Holdings other than it is based in Cerritos, Calif., about 180 miles west of the ghost town it just acquired. The company made no announcement about its plans for the new property.

Eagle Mountain was once a thriving iron mine for Kaiser Steel. The mine shut down in 1983, and the approximately 4,000 people who lived in the town left. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Since then, there have been various attempts to utilize the land, which sits just outside of Joshua Tree National Park.

 

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Riverside County ghost town sells for $22.6 million to mysterious companyEagle Mountain, a former mining town that has been vacant for decades, was purchased by Ecology Mountain Holdings LLC. The company's plans are unclear.
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