Disney Announces New Luxury Home Development
Filed under: Real Estate Developments

Will luxury home buyers want to live in Florida's Disney World? The Wall Street Journal reports that Walt Disney Company has made the move into luxury residential real estate with a Golden Oak, a new 980-acre development that will eventually include 450 homes and a 445-room Four Seasons hotel. The homes themselves will be priced between $1.5 million and $8 million.
Florida's real estate has remained sluggish and the top-end of the Orlando market is already stuffed with multi-million luxury homes. But according to the WSJ article Disney is bullish on the concept and sees room for its expansion into the luxury market. The brand has made a few interesting forays into pricey items already, with expensive restaurants and wine bars in its parks and a line of diamond jewelry and high-priced bridal gowns.





As I mentioned last month, 







Justin Bieber Booed, Gets Standing Ovation at Billboard Music Awards
2013 Billboard Music Awards Best and Worst Dressed
Watch: Kansas Meteorologist Seeks Shelter From Tornado
2013 Billboard Music Awards: All the Winners!
Two Pilots Fired After Brazilian Pop Star Takes Captain's Seat Mid-Flight
Oldest Water on Earth Found Deep Underground
Massive Tornado Barrels Through Oklahoma City Suburb
Selena Gomez Leaving Justin Bieber's House: Booty Call Rumors Swirl
Walmart Workers Pessimistic About The Company's Future
2013 Billboard Music Awards: Christina Aguilera Shows Off Sexy Slim Body