1,472± Acres-Whispering Hills, Leesburg, FL

United States Bankruptcy Auction: Bellaviva at Whispering Hills, LLC

Fisher Auction Company and Colliers are pleased to present via a Live Zoom Auction the opportunity to acquire the fee-simple interest in the 1,472.24± acre Master-Planned Mixed-Use Community Bellaviva at Whispering Hills (“Whispering Hills”) located in the Orlando MSA along US 27 in Leesburg, Florida.

Whispering Hills has been approved as a Planned Unit Development (PUD) zoning district to allow construction of a mixed-use development consisting of up to 2,942 total residential units on a total of approximately 1,088 upland acres, with approximately 44 acres of commercial development, approved for approximately 451,000 square feet of buildings. The PUD was granted July 22, 2021 by the City of Leesburg Planning Commission in Lake County, Florida. The latest site plan proposed a mixed‑use development featuring 2,174 dwelling units and 28.8 acres of commercial space in three phases and a future phase to follow.

• Subject property is located in a vast growth area
• Lake County and the City of Leesburg are “Development Friendly”
• There is a need for housing options outside the core Orlando Metro Market
• Close proximity to major highways such as US 27, Florida Turnpike and I-75
• Close proximity to The Villages and other nearby large masterplanned communities
• PUD Zoning and Phase 1 approvals are active. Phases 2-4 are thoroughly planned
• Numerous studies, reports, and due diligence information are readily available for analysis