Araneta Surname

In the part of the Basque Country where the surname Araneta was originated, surnames are not usually names of villages or towns, but the name of the house or farm. Families took as surname the name of their house, that is the reason why Basque surnames used the DE before them. For instance Fernando de Araneta means Fernando from the Araneta House.
Aran means valleys, eta means a place of , other posibilty of meaning is :
Aldekoa means "close to"
Aranetaldekoa means Close to the Araneta (house)
There are a few houses with the name ARANETA, all of them in Gipuzkoa.
ARANETA: House in Barrio Lastur Bea, in Deba (Gipuzkoa)
ARANETA: House in barrio Ezozia in Soraluze (Gipuzkoa)
ARANETA: House in barrio Zubieta, in Donostia (Gipuzkoa)

Beltran de Araneta lived in Donostia, San Sebastian in 1566
Juan Francisco de Araneta lived in Gainza in 1566