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 fixed4.02%3.99%
15 yr fixed3.16%3.18%
5/1 ARM3.31%3.40%
30 yr refi4.06%4.01%
15 yr refi3.18%3.20%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 19,756.85 142.04 0.72%
Nasdaq 5,444.50 27.14 0.50%
S&P 500 2,259.53 13.34 0.59%
Treasuries 2.46 0.08 3.23%
Data as of 3:09am ET
Company Price Change % Change
Bank of America Corp... 23.09 0.14 0.61%
Ford Motor Co 13.17 0.14 1.07%
Chesapeake Energy Co... 7.72 0.12 1.58%
Twenty-First Century... 28.21 -0.43 -1.50%
Apple Inc 113.95 1.83 1.63%
Data as of Dec 9

Sections

Even Carl Icahn, one of President-elect Donald Trump's biggest cheerleaders on Wall Street, thinks the post-election exuberance in the stock market has gotten a bit out of hand. More

Republican leaders keep saying Obamacare is hurting the economy and killing jobs, but there's scant evidence for it. In fact, a number of studies show that the economy has been growing. More

Some of the hottest products of the year cost well under $100, from gaming consoles and VR headsets to drones. More

The Los Angeles city attorney is suing four major retailers over claims that they deliberately inflated the original price on some items that misled customers into thinking they were getting a better deal. More