Get All Access for $5/mo

Ever Wanted to Live at Disney? Now You Can in This Residential Community — That's Not in Florida or California. Disney has announced plans to develop a 1,500-acre community in North Carolina.

By Sam Silverman

Opinions expressed by Entrepreneur contributors are their own.

Ever wanted to live like a Disney character? Now you can at a new community in North Carolina.

Storyliving by Disney, a Disney-owned development company, announced plans this week to build a 1,500-acre community in Pittsboro, North Carolina.

According to a company press release, the project, called Asteria, will house 4,000 single- and multi-family homes and will also include housing exclusively for people 55 age older.

Pittsboro is near Raleigh, Durham and Chapel Hill in North Carolina.

Community amenities will include a clubhouse, wellness center, and restaurants that will host Disney-themed dinners and other brand-related activities.

RELATED: 'Building Is a Lot More Fun Than Fixing': Here's What Disney CEO Bob Iger Told Employees in a Town Hall Address

Courtesy of Storyliving by Disney | Aerial rendering of Asteria, a new Storyliving by Disney community coming to North Carolina.

The homes are set to go up for sale beginning in 2027.

Although Disney has not listed the cost of the North Carolina homes, homes in Cotino, Storyliving by Disney's community in Rancho Mirage, California, start around $2 million, according to the company's website.

Disney broke ground on Cotino in April 2022, per USA Today, with residents expected to move in by 2024.

This isn't Disney's first foray into residential real estate and community planning. In 2011 Disney partnered with local investors to create the Golden Oaks community in Orlando, Florida. Homes in Golden Oaks go for up to $19 million, according to the Wall Street Journal. Disney is in charge of Golden Oak's daily operations and provides private bus transportation to the parks.

Disney first announced plans to create Disney-inspired residential communities under the Storyline umbrella in April 2022.

RELATED: Bippity Boppity Bob Iger: What You Need to Know About the Two-Peat Disney CEO Who Rules the Magic Kingdom

"The announcement of the Asteria community builds upon strong initial interest for our first Storyliving by Disney community in California and will expand Disney-branded communities to the East Coast," said Senior Vice President and General Manager of Disney Signature Experiences Emerging Businesses, Claire Bilby, said in a press release. "Our team has been working closely with Disney Imagineers to develop a unique vision for this project inspired by Walt Disney's innate curiosity and North Carolina's spirit of discovery."

Sam Silverman

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found in The US Sun, Nicki Swift, In Touch Weekly, Life & Style and Health. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Growing a Business

How to Determine The Ideal Length of Your Marketing Emails Your Customers Will Actually Read

Wondering how long your marketing emails should be? Here's what consumers say — so you can send them exactly what they like.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

New Southwest Airlines Major Investor Wants to Force Out CEO, Slams Company's 'Stubborn Unwillingness to Evolve'

Elliot Investment Management announced a $1.9 billion stake in the Dallas-based Southwest Airlines on Monday and is urging shareholders to vote for new leadership.