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 fixed3.67%3.76%
15 yr fixed2.79%2.83%
5/1 ARM3.07%3.10%
30 yr refi3.67%3.76%
15 yr refi2.82%2.83%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 16,014.38 -12.67 -0.08%
Nasdaq 4,268.76 -14.99 -0.35%
S&P 500 1,852.21 -1.23 -0.07%
Treasuries 1.73 -0.01 -0.35%
Data as of 4:28pm ET
Company Price Change % Change
Bank of America Corp... 12.20 -0.07 -0.57%
Facebook Inc 99.54 -0.21 -0.21%
Pfizer Inc 29.10 0.54 1.89%
Ford Motor Co 11.35 -0.24 -2.07%
Microsoft Corp 49.28 -0.13 -0.26%
Data as of 4:01pm ET

Sections

Sports Authority faces looming deadline, possible bankruptcy filing after missing $20 million interest payment. More

President Obama's $4.15 trillion budget won't go anywhere this year with Republican lawmakers. But sometimes the proposals of outgoing presidents can influence future policy debates. Here are some of Obama's ideas from his last budget blueprint. More

Fitbit shares are at an all-time low despite a Super Bowl ad promoting its new Blaze smartwatch. Investors are worried about the intense competition in the wearables market ... and fear that Fitbit could be another GoPro. More

Nonprofit JumpStart has launched a new $10M fund that will only invest in women and minority-led startups. The catch: You have to move to Ohio. More

Looking to buy a home while carrying student debt? Here's the difference between making a low down payment and putting 20% down. More