Boca Bay Colony

Boca Bay Colony
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If nothing else, the thirty-one-and-a-half square miles that form the Boca Raton footprint represents diversely lavish lifestyles. From the Atlantic Ocean moving west across I-95, past Florida's Turnpike, to Lyons Road (and beyond), there's every lifestyle configuration one can imagine. Country clubs draw members from far and wide. Resort-style modern communities with everything the clubs have (barring golf) welcome residents willing to buy homes in the millions of dollars for an unsurpassed luxurious lifestyle. Then, there are the iconic one-of-a-kind enclaves like Long Lake Estates, Le Lac (watersports), Horseshoe Acres (horses and farming), and Old Floresta (historic East Boca Raton pedigree). However, as compelling and enticing as the above inland developments are, they're missing a massive asset that's front and center. We're talking about homes with deep-water locations on the much sought-after Intracoastal Waterway and its wide canals with broad yacht turning basins.

Luxury homes for sale in Boca Bay Colony are in the multi-million dollar range because the setting is a boater's and fisherman's paradise with no fixed bridges and inlets to the ocean minutes away. Boca Bay Colony Homes for sale routinely feature extensive water frontage, with private docks up to 125 feet and boat lifts and in most cases, privacy and spaciousness accentuate the natural charm created by a breathtaking landscape of this luxurious waterfront community. Connection to high-end shopping and the hundreds of restaurants downtown and on Atlantic Avenue (next door Delray Beach) is second to none.

Finally, inside Boca Bay Colony, there's a subdivision that fronts a fantastic (although relatively small) array of waterfront homes. Walker's Cay homes have the unique characteristic of boat dockage both behind as well as in in front of the home (across the street).

Boca Bay Colony Homes For Sale

839 Ne Bay Isle Drive, Boca Raton
Reduced
$7,495,000
$9,500,000

MLS#RX-11121566

839 Ne Bay Isle Drive
Boca Raton, FL 33487

6

9

4

9,000 SqFt

Pool

Ocean Access

0.33 Acres

118 Days

861 Nafa Drive, Boca Raton
$4,925,750

MLS#FX-10529512

861 Nafa Drive
Boca Raton, FL 33487

5

7

3

5,794 SqFt

Pool

Ocean Access

0.21 Acres

104 Days

780 Ne Orchid Bay Drive, Boca Raton
$4.595 Million

MLS#RX-11151221

780 Ne Orchid Bay Drive
Boca Raton, FL 33487

5

7

3

6,649 SqFt

Pool

Ocean Access

0.35 Acres

147 Days

830 Ne Boca Bay Colony Drive, Boca Raton
$3,925,000

MLS#RX-11150150

830 Ne Boca Bay Colony Drive
Boca Raton, FL 33487

4

3

2

3,638 SqFt

Pool

Ocean Access

0.31 Acres

180 Days

7425 Ne Bay Cove Court, Boca Raton
Reduced
$3,875,150
$3,995,000

MLS#RX-11129579

7425 Ne Bay Cove Court
Boca Raton, FL 33487

5

4

3.5

5,392 SqFt

Pool

Ocean Access

0.34 Acres

101 Days

7700 Ne Spanish Trail Court, Boca Raton
Reduced
$3,195,000
$3,695,000

MLS#RX-11081481

7700 Ne Spanish Trail Court
Boca Raton, FL 33487

5

4

2

3,742 SqFt

Pool

Water Front

0.42 Acres

273 Days

885 Nafa Drive, Boca Raton
Under Contract
$2,850,000

MLS#RX-11141373

885 Nafa Drive
Boca Raton, FL 33487

3

3

2

3,504 SqFt

Pool

Intracoastal Waterway

0.21 Acres

37 Days

843 Ne Mulberry Drive, Boca Raton
$2,550,000

MLS#RX-11130777

843 Ne Mulberry Drive
Boca Raton, FL 33487

4

3

2

3,009 SqFt

Pool

0.3 Acres

96 Days

7681 Ne Morningside Terrace, Boca Raton
Reduced
$1,945,000
$2,175,000

MLS#RX-11104709

7681 Ne Morningside Ter
Boca Raton, FL 33487

5

4

2

4,138 SqFt

Pool

0.32 Acres

137 Days


There's an accelerating trend gripping East Boca Raton homes that started in 2021, is not limited to Boca Bay Colony, and continues to this day, it's this: Custom home builders and wealthy home seekers are buying dated homes built between thirty and sixty years ago for rebuilds on ultra-modern and contemporary platforms. As a result, Boca Bay Colony homes for sale are a hot target and "flying off the shelf" (see below). In other cases, homeowners established in the neighborhood have remodeled, renovated, and reinvented their Mediterranean and South Colonial architecture residences to align with the latest construction technologies. So, expect to find a mixed bag from under 2000 sq. ft.  to over 8000 sq. ft, some directly on the Intracoastal and others on attached deep water canals.

Boca Bay Colony HOA

HOA fees for Boca Bay Colony are nominal at just $17 monthly, one of the lowest the city. The Canal and Intracoastal Waterway lifestyle have solid traction, and the redevelopment of homes up and down the Boca Bay Colony waterfront community is nothing short of mind-boggling. Prices of Boca Bay Colony homes for sale have escalated astonishingly in just two years, leaving $1000 per sqft in the dust. If you can buy waterfront real estate for less than that metric, count it as a bargain.

We also suggest looking at Royal Palm Yacht & Country Club, Boca Harbour, Golden Harbour, Caribbean Keys, Bel Marra and Lake Rogers Isle for comparisons. 

Boca Bay Colony Community Summary

Boca Bay Colony is a luxury waterfront community of single family homes and condos in Boca Raton, Florida, with a range of options priced between $545,000 and $7,495,000. There are currently a total of 9 homes for sale in Boca Bay Colony. The smallest Boca Bay Colony home presently available is a three bedroom two bathroom residence that is 1,201 square feet, and the largest of the Boca Bay Colony homes currently on the market has six beds and eight baths and is a 9,000 square foot (7,856SF Under Air) residence.

Boca Bay Colony amenities include a clubhouse, swimming pool, a state-of-the-art fitness center, billiards room, laundry facilities, and a library. Sports facilities include a putting green, Bocce ball, and shuffleboard.

Boating enthusiasts will love the fact that the community has boat facilities including. There is also a community park, as well as walking or jogging trails.

Pets are allowed in Boca Bay Colony although there are certain breed restrictions.

There is also a subdivision within Boca Bay Colony that is called Walkers Cay.

There are three commercial airports that serve Boca Bay Colony - Palm Beach International Airport (PBI), which is eighteen miles away; Fort Lauderdale Hollywood International Airport (FLL), which is twenty four miles away, and Miami International Airport (MIA), which is 45 miles away.

Boca Bay Colony real estate activity on the Boca Raton MLS during the past year (as of January 2026) reflects twelve homes changing hands, with an average asking price of $4,071,083 and an average selling price of $3,554,592. This represents a list-to-sell price ratio of 87% and $665 per square foot. During this period, Boca Bay Colony homes for sale have taken an average of 105 days to sell.

In addition, there are numerous other communities in Boca Raton to choose from, or you may browse all available Boca Raton Real Estate, including some new construction opportunities. Homes for sale in Boca Bay Colony are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Boca Bay Colony hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

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Boca Bay Colony Subdivisions

What schools are Boca Bay Colony homes zoned for?

Where you live in Boca Raton determines which public schools your children may attend, which directly influences home values. Homes in Boca Bay Colony are generally zoned for the following Palm Beach County school districts. In some cases, this may vary between sections of the community, so be sure to check the subdivision or individual listing page.

Frequently Asked Questions

Is Boca Bay Colony gated?

Boca Bay Colony has one single gated street, Lilac Drive. These Walker's Cay homes for sale within Boca Bay Colony enjoy waterfrontage and private docks on 2 sides.

Boca Raton Communities

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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