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


Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.22%4.27%
15 yr fixed3.19%3.24%
5/1 ARM3.30%3.33%
30 yr refi4.23%4.29%
15 yr refi3.21%3.27%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 17,730.11 -27.80 -0.16%
Nasdaq 5,009.21 -3.91 -0.08%
S&P 500 2,076.78 -0.64 -0.03%
Treasuries 2.39 -0.02 -1.03%
Data as of 9:43am ET
Company Price Change % Change
Bank of America Corp... 17.03 0.00 0.00%
Apple Inc 126.44 0.00 0.00%
Intel Corp 30.56 0.00 0.00%
Micron Technology In... 19.07 0.00 0.00%
General Electric Co 26.78 0.00 0.00%
Data as of Jul 2

Sections

Greece votes Sunday in a crisis referendum that will determine the country's future in the eurozone. The result is too close to call. More

Entrepreneur Guillaume Gauthereau is on a mission to build a 50 to a 100 acre sanctuary in New York to provide refuge to honey bees. More

The most expensive schools in the nation are charging close to $50,000 a year in tuition and fees alone. More