Aerial View Disney

© Disney

Cheapism is editorially independent. We may earn a commission if you buy through links on our site.

If you love Disney and wish you never had to leave, here's some good news: Soon, you won't have to.

Related: 25 Ways Disney Revolutionized Entertainment

Disney is spearheading a residential development in Rancho Mirage, California, with plans for one community exclusively for residents 55 and up. It is Disney's first planned community on the West Coast. The company's 5,000-acre planned community of Celebration, Florida, near Disney World, was built in the 1990s, but Disney no longer owns most of the development.

Disney Town CenterPhoto credit: © Disney

The new community, which is being developed in collaboration with Arizona-based DMB Development, will be called Cotino. In addition to a section for older residents, it will feature estates, single-family homes, and condominiums situated around a 24-acre lagoon that will be sustainably built with low water consumption and energy usage. 

Related: Vintage Views of Disneyland and Walt Disney World

As a buyer might expect from Disney, owning property in Cotino will have its perks. Residents will be able to get a membership that provides access to a waterfront clubhouse, a club-only beach, and recreational water activities. There will also be Disney programming, entertainment, and activities throughout the year.

Disney Beach AreaPhoto credit: © Disney

Wondering about the price tag? Disney isn't releasing numbers yet, but if it's anything like the continually rising ticket prices at Disney's theme parks, this master-planned community from the mouse most certainly won't come cheap. 

Gallery: Cost of Disney Through the Years

Cheapism in the News