Want to Live at Disneyland? This Might Be the Next Best Thing

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

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.

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.

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.

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.

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