Look, John, there's Mermaid Lagoon.
4 seconds sound clip from the Peter Pan (1953) movie soundboard.
You can hear this line at 00:27:41 in the Blu-ray version of the movie.
Quote context
[...]
- Oh, Peter, it's just as I've always dreamed it would be.
- Look, John, there's Mermaid Lagoon.
- By Jove!
- Oh, look, there's Captain Hook and the pirates.
[...]