One of the author's ten favorite ghost stories, as shared at Publishers Weekly:
Ghost Story by Peter StraubRead about the other entries on the list.
Stephen King himself is a great fan of this layered horror novel, which uses ghost stories as a central device. A group of friends gather to tell each other terrifying tales…but one of them happens to be all too true. Bonus for its use of a lesser known and especially terrifying kind of spirit.
Also see: Sandra Greaqves's top ten ghost stories, Rebecca Armstrong's ten best ghost stories, the Barnes & Noble Review's list of five top books of ghost stories, Kate Mosse's top 10 ghost stories, Peter Washington's top ten ghost stories, and Brad Leithauser's five best ghost stories.