Colony Reserve

Colony Reserve
In This Community
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Colony Reserve is a community of townhouses in Lake Worth, Florida, with a range of options priced between $380,000 and $485,000. There are currently a total of 12 townhouses for sale in Colony Reserve. The smallest Colony Reserve townhouse presently available is a three bedroom two bathroom residence that is 1,897 square feet (1,622SF Under Air living space), and the largest of the Colony Reserve townhouses currently on the market has three beds and two baths and is a 1,921 square foot (1,622SF Under Air) residence.

Property management fees in Palm Beach County vary depending on the community and sometimes vary between townhouses in the community. The current HOA fees for homes in Colony Reserve are $245 and $245 for a Colony Reserve condo and $245 to $300 for a townhome. This fee includes common area maintenance, grounds maintenance, building maintenance, roof repair and replacement, the community pool, and security. Also included is property insurance, trash removal, sewer, pest control, Cable TV, and recreation facilities. Please check the individual listing pages for the exact homeowners association fees for a particular Colony Reserve townhouse.

Colony Reserve amenities include a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, game room, and business center. Sports facilities include tennis courts, and basketball court. Onsite dining venues consist of a community kitchen, picnic area, and a barbecue area.

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

The Colony Reserve HOA rules do allow homeowners to have pets although there are certain breed restrictions. There is a limit of how many pets you may have, and there is a restriction on pet size.

There are two commercial airports that serve Colony Reserve - Palm Beach International Airport (PBI), which is seven miles away, and Fort Lauderdale Hollywood International Airport (FLL), which is 36 miles away.

Colony Reserve real estate activity on the Lake Worth MLS during the past year (as of March 2026) reflects seven townhouses changing hands, with an average asking price of $400,271 and an average selling price of $386,714. This represents a healthy list-to-sell price ratio of 97% and $204 per square foot. During this period, Colony Reserve townhouses for sale have taken an average of 143 days to sell.

In addition, there are numerous other communities in Lake Worth to choose from, or you may browse all available Townhouses for sale in Lake Worth. Townhouses for sale in Colony Reserve are selling quickly. Set up a new listing alert, and we will notify you immediately when a new townhouse in Colony Reserve 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.

Colony Reserve Townhouses For Sale

5895 Monterra Club Drive, Lake Worth
Reduced
$485,000
$520,000

MLS#RX-11123530

5895 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

176 Days

5815 Monterra Club Drive, Lake Worth
$469,000

MLS#RX-11142887

5815 Monterra Club Drive
Lake Worth, FL 33463

3

3

2

1,897 SqFt

0.04 Acres

102 Days

5959 Monterra Club Drive, Lake Worth
$429,500

MLS#RX-11128358

5959 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

0.04 Acres

156 Days

5769 Monterra Club Drive, Lake Worth
Reduced
$425,000
$459,000

MLS#FX-10466430

5769 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,622 SqFt

490 Days

5809 Monterra Club Drive, Lake Worth
$425,000

MLS#RX-11159128

5809 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.06 Acres

35 Days

5808 Monterra Club Drive 5808, Lake Worth
Under Contract
$419,999
$469,000

MLS#FX-10534420

5808 Monterra Club Drive 5808
Lake Worth, FL 33463

3

3

1

1,622 SqFt

107 Days

5817 Monterra Club Drive, Greenacres
$400,000

MLS#RX-11157288

5817 Monterra Club Drive
Greenacres, FL 33463

3

3

1

1,897 SqFt

42 Days

5763 Monterra Club Drive, Lake Worth
Reduced
$395,000
$420,000

MLS#RX-11158357

5763 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.04 Acres

38 Days

5810 Monterra Club Drive, Lake Worth
Reduced
$387,000
$395,000

MLS#RX-11158308

5810 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.04 Acres

38 Days

5797 Monterra Club Drive, Lake Worth
$384,600

MLS#RX-11168146

5797 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.04 Acres

3 Days

5824 Monterra Club Drive 5824, Lake Worth
Reduced
$380,000
$389,000

MLS#FX-10546414

5824 Monterra Club Drive 5824
Lake Worth, FL 33463

3

3

1

1,622 SqFt

46 Days


Other Colony Reserve listings
Rentals

What schools are Colony Reserve townhouses zoned for?

Where you live in Lake Worth determines which public schools your children may attend, which directly influences townhouse values. Townhouses in Colony Reserve are zoned for the following Palm Beach County school districts, making school zone boundaries a key factor in property desirability and market demand.

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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