Orlando Appraisal Blog

Live at Disney??
May 11th, 2011 9:01 AM

Anyone who visits Walt Disney World either 1. hates it because of the crowds, or 2. goes absolutely bonkers and wants to live there.

The Walt Disney Co. is giving those with fat wallets, or a large trust fund, the chance for #2 by announcing a 980 acre development called Golden Oak.

Unlike, Celebration, the attempt by WDW to create a community resembling Walt Disney’s boyhood home of Hannibal, Missouri, Golden Oak is simply a private luxury retreat with access to elite concierge services, private proposed clubhouse, privileges at Walt Disney World Resort and access to select amenities at the proposed Four Seasons Resort Orlando at Walt Disney World Resort.

Golden Oak are homes IN the Florida theme park.

Disney is taking a huge gamble in the luxury real estate market when housing-start reports are abysmal.

The homes will have a $1.5 million to $8 million price tag. The development will sit on two current golf courses within Disney’s 40 square miles of theme park, and will feature 450 homes and a Four Seasons hotel.

The Wall Street Journal reports the first homes are expected to be finished next year.

$25,000 gets you wait-listed.

“We have a range of options for Guests at all price points to enjoy the Walt Disney World Resort. But Golden Oak is something totally new: a residential resort community, right in the heart of the magic,” said Matt Kelly, vice president, Disney Resort Real Estate Development. “Golden Oak will be a place where families can come together and make memories for generations to come–with Disney World right at their doorstep.”

From the website:

The natural preserves surrounding this lovely neighborhood offer a scenic and private setting for the finest of family getaways. At up to three-quarters acre in size, each of Carolwood’s seventeen custom-home sites can amply accommodate your family estate. Should you choose an address in the secluded, northernmost enclave of Carolwood Reserve, you’ll be well rewarded with serene natural, golf course or water views. The Reserve is a limited offering of eight premium custom-home sites, all generously sized at approximately three-quarters acre.

Enjoy the best of both worlds at Silverbrook, where the natural and the social come together beautifully on nineteen homesites of approximately one-half acre. Here, your family can savor a life of quiet repose alongside conservation areas or water features — yet stroll to community amenities and activities at Summerhouse, the proposed private clubhouse for Golden Oak.

Kimball Trace
A charming Tuscan-inspired village with courtyard homes, Kimball Trace caters to those with an enthusiasm for resort living. This intimate collection of creatively designed homes is sited to emphasize privacy, while centrally placing you within neighborly reach of the proposed Summerhouse, new friends and engaging diversions.

Initially, Golden Oak will consist of three types of single family homes. Village Homes will capture the romantic look of a Mediterranean village on home sites up to one-quarter acre. Estate Homes, on approximately one-half acre home sites, will offer a variety of architectural styles including Tuscan, Spanish Revival, Venetian, Italianate, Dutch Colonial and Island Colonial. At up to three-quarters acre in size, Grand Estate Homes will include architectural styles consistent with Estate Homes and will accommodate the needs of large families. Homeowners will use one of Golden Oak’s select custom homebuilders to build the home of their dreams.

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Posted by Alex Olmo on May 11th, 2011 9:01 AMPost a Comment

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