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Bella Collina Makes a Comeback

Bella Collina is a luxury golf community located on the shore of Lake Apopka here in Central Florida. Due to the fallout in the real estate market a few years back, it never reached completion or its full potential. During the release of lots in 2005, investors and celebrities alike were chomping at the bit to purchase lots. Only 2 years later though, the market crashed and Bella Collina was hit harder than any other place in Central Florida. With only 40 luxury homes completed and the amenities still under construction, the once sought-after community was a ghost town.

An investment group out of West Palm Beach, DCS Investment Holdings, purchased the property last year for $10 million, and they have been waiting for Lake County court decisions to allow them to begin the relaunch. It has taken years to go after all of the investors who never paid Homeowners Association dues, but now it looks like new building can proceed.

New homes are expected to average around the $1 million range based on comparable sales in the area. DCS Investment Holdings has approximately 900 lots that will be constructed on in phases.

Check back for more information as this project progresses, or if you would like to be on the priority list to be the first to know when pricing and availability are set, email me at [email protected].

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