Why buy just one house when you can own the entire town? That was Kim Basinger’s reasoning in 1989, when she decided to spend $20 million cash to buy Braselton, Georgia, a 2,000-acre town with around 7,500 residents. Her original idea was to make it a tourist destination, with movie studios and a film festival. But just five years later, she let it go for just $1 million.






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