Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Got a million? Buy a house in Disney World

By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- Mickey Mouse is about to welcome a bunch of new neighbors. Disney unveiled a luxury residential community on Wednesday, with about 30 homes currently for sale at the Disney World resort in Florida.

The community, called Golden Oak, sprawls across 980 acres and features single-family custom homes for between $1.5 and $8 million.

disney_resort_home.03.jpg
An artist's rendering of a home in Golden Oak.

Families who plunk down cash to live near Mickey and friends will have access to a private clubhouse, concierge service, a planned Four Seasons resort, a full service spa, a golf course and more.

The luxury homes are being built in phases, and the first wave will feature three options.

Village Homes "will capture the romantic look of a Mediterranean village" on one-quarter of an acre of land, Disney said; Estate Homes will be on one-half acre with "a variety of construction styles"; and Grand Estate homes, designed for large families, include up to three-quarters of an acre.

Disney is now accepting refundable $25,000 deposits, with the first homes available in 2011. Golden Oak will eventually include about 450 homes. To top of page


Overnight Avg Rate Latest Change Last Week
30 yr fixed3.85%3.86%
15 yr fixed2.97%2.94%
5/1 ARM3.15%3.08%
30 yr refi3.96%3.97%
15 yr refi3.07%3.04%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 16,058.35 -469.68 -2.84%
Nasdaq 4,636.11 -140.40 -2.94%
S&P 500 1,913.85 -58.33 -2.96%
Treasuries 2.17 -0.03 -1.27%
Data as of 6:36pm ET
Company Price Change % Change
Bank of America Corp... 15.58 -0.76 -4.65%
Apple Inc 107.72 -5.04 -4.47%
General Electric Co 23.88 -0.94 -3.79%
Ford Motor Co 13.72 -0.15 -1.08%
Microsoft Corp 41.82 -1.70 -3.91%
Data as of 4:03pm ET

Sections

McDonald's has been testing an all-day breakfast menu in several markets for months. Now it has said when the change will go nationwide: October 6. More

Iran could be pumping more than four million barrels of oil a day by the end of 2016, the country's oil minister tells CNN in an exclusive interview. More

The Federal Aviation Administration approved the largest ever fleet of commercial drones owned by a company called Measure. More

How do you run a successful crowdfunding campaign? Indiegogo's CEO Slava Rubin offers his top tips and mistakes to avoid. More

Here's what you need to earn to afford a home in the 27 biggest metro areas in the country, according to HSH.com. More