Disney begins sales of new 5 million dollar 'Four Seasons Private Residences' at Golden Oak

[DougK]

If i could afford to live there I would choose to live in a better climate.

 

[DGracey]

Do these new residents - and now citizens - of Walt Disney World get a say in WDW democracy . . .

Are they residents of Bay Lake?

Can they vote in anything related to the Reedy Creek Improvement District?

 

[Slowjack]

Do these new residents - and now citizens - of Walt Disney World get a say in WDW democracy . . .

Are they residents of Bay Lake?

Can they vote in anything related to the Reedy Creek Improvement District?

Oh, no, you are definitely NOT becoming a resident of WDW. The properties are de-annexed from the RCID as they as sold. That's why the materials say things like "historical Disney World property." No different than Celebration in that respect.

 

[marni1971]

What Slowjack said. A bit of advertising artistic licence.

The land is no longer part of WDW.

 

[DGracey]

Oh, no, you are definitely NOT becoming a resident of WDW. The properties are de-annexed from the RCID as they as sold. That's why the materials say things like "historical Disney World property." No different than Celebration in that respect.

Thanks!

 

[MississippiBelle]

I've got an extra kidney I'm not using and I'm sure I can talk my boyfriend into selling one of his... Maybe then we can afford to park in one of the driveways!

 

[lunchbox1175]

Rich People Problems

 

[DisneyJayL]

Living here would be spectacular. However, OMG!!! Pardon me while I faint.

 

[monothingie]

Rich People Problems

Not enough room for my Bugatti Veyron and Pagani Zonda. I'll pass.

 

[worldfanatic]

If I had that much money, it'd be a Mediterranean villa on the actual Mediterranean.

Not me.
I'm more of a USA guy.
And a WDW guy as well.
This looks like a pretty sweet place for any Disney freak to call home.

 

[willtravel]

I wonder if they have block parties???

 

[BrianV]

There had better be many hidden mickeys!

 

[wogwog]

Not a good neighborhood. Heavy infestation of mice.

 

[bethymouse]

You guys are funny.
Who in the heck will buy this? Do rich people really spend their money on Disney homes?

 

[invader]

You guys are funny.
Who in the heck will buy this? Do rich people really spend their money on Disney homes?

The über rich and nouveau riche do

 

[zweltar]

Well, I think this speaks volumes as to Disney's ideal target demographic. Pretty soon prices will reach levels only affordable to residents of Golden Oaks. And then eventually they will be left out and only the residents of the Four Seasons at Golden Oaks will be able to afford WDW.

 

[Knothead]

Ah, sprawl! Just what Uncle Walt always wanted! He'd be so proud of what the company that bears his name has done with the place since he's been gone.

 

[The Empress Lilly]

If I had that much money, it'd be a Mediterranean villa on the actual Mediterranean.

That kind of money buys you a Mediterranean country nowadays... :lookarou

 

[danlb_2000]

I'm wondering if you can rent those homes out short term or if the convents restrict you from doing so?
.

My understanding is that there are a bunch of clauses in the agreement designed to prevent this.

 

[wogwog]

I'm wondering if you can rent those homes out short term or if the convents restrict you from doing so?

I know where I live beach front homes go for $3k TO 12k A WEEK. Many of these of these vacation homes are priced on their rental value. Business doesn't revolve around Orlando so I'm not sure who would want to actually live there full time? If there is a private airport near by you could fly in and out. I'm not seeing many people being interested in living there full time so if you can't rent these places out I wouldn't expect them to sell well or have a decent resale value in the future.

HOA fees of $12-20 K are the norm for a private community with a golf course, restaurants, club house etc. Place across the street from me has an HOA fee around $14K I think? Private golf course which is expensive to run but it's a private golf course so better use it if you're paying for it. I don't have the time to golf so I won't be moving there any time soon.

For $5 million or so I would live else where in Orlando, in fact 3 or 4 million will set you up just fine in Orlando. Remember no state income tax.

No airport unless they would decide to re-open the original landing strip used by Walt prior to the park opening. It is near the MK parking lot.