For that same price in New York, you can get a two-bedroom apartment in lower Manhattan, which doesn't come with a town hall or dam. If you're lucky, it'll have laundry in the building, and hopefully, neighbors who don't leave trash in the damn hall.
However, unlike buying an apartment in Manhattan -- one hopes -- there are people living there. About half the homes have current rent-paying tenants.
Allie's Creek was put on the market in September for $2.1 million and has seen a considerable price drop. That's perfect though, because you can use that savings to set up whatever it is you plan on doing with a town of your own.
Music festival? Why not? Daily Game of Thrones reenactments? Your friends will love you. Nudist colony? Might want to check in with the people who already live there.