These lines on Wikipedia make me think it's possible...
Also, these lines on Wikipedia...The interface operates, depending on the state of a mode pin on power-up, as either a 16-bit PC Card (0x7FF address limit) or as an IDE (PATA) interface...
CompactFlash IDE mode defines an interface that is smaller than, but electrically identical to, the ATA interface. The CF device contains an ATA controller and appears to the host device as if it were a hard disk.
Compact Flash in its IDE mode is essentially a miniaturized ATA interface, intended for use on devices that use flash memory storage. No interfacing chips or circuitry are required, other than to directly adapt the smaller CF socket onto the larger ATA connector. (Although most CF cards only support IDE mode up to PIO4, making them much slower in IDE mode than their CF capable speed).