The Walt Disney Corporation has just announced their forage into the world of designer luxury homes. The Wall Street Journal has reported that the cartoon conglomerate is opening up a neighborhood of luxury homes in Disney World called Golden Oaks.

The neighborhood will feature 450 homes and a Four Seasons hotel. The houses will be priced between $1.5 and 8 million. Interested buyers can put down money on a house now, although the development may take around 10 years to complete. The Walt Disney Corporation is hoping that the Golden Oaks venture will boost the Florida housing market.