The former Republic Pictures Movie Ranch off Soledad Canyon became the Walt Disney Golden Oak Ranch in 1959. The ranch is located in central Placerita Canyon near Newhall, California in the northern San Gabriel Mountains foothills. It was named for the Gold discovery by Francisco Lopez in the wild onion roots under the "Oak of the Golden Dream", in present-day Placerita Canyon State Park. The Ranch was still being used for occasional filming, when Walt Disney took an interest in the property. In 1959, driven by concern that the ranches of other movie studios were gradually being sub-divided, Disney purchased the ranch. During the next five years, the Walt Disney Studios also bought additional land which enlarged the property to .