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 fixed3.81%3.82%
15 yr fixed3.10%3.05%
5/1 ARM3.34%3.35%
30 yr refi3.77%3.79%
15 yr refi3.10%3.05%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 23,163.04 5.44 0.02%
Nasdaq 6,605.07 -19.15 -0.29%
S&P 500 2,562.10 0.84 0.03%
Treasuries 2.32 -0.02 -0.77%
Data as of 11:19pm ET
Company Price Change % Change
General Electric Co 23.58 0.46 1.99%
Bank of America Corp... 26.58 0.10 0.38%
Micron Technology In... 41.31 -0.34 -0.82%
Apple Inc 155.98 -3.78 -2.37%
Advanced Micro Devic... 13.95 -0.12 -0.85%
Data as of 4:15pm ET

Sections

More than 5% of DACA recipients have started their own businesses since enrolling the program, according to a recent survey. More

The bulls may be in charge of the stock market, but these market skeptics see trouble brewing just beneath the all-time highs. Some even see similarities with Black Monday of 30 years ago. More