Colony Reserve

Colony Reserve is a community of townhouses in Lake Worth, Florida, with a range of options priced between $395,000 and $470,000. There are currently a total of 9 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 (1,566SF 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 condos and $220 to $245 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, and game room. Sports facilities include tennis courts, and basketball court. Onsite dining venues consist of a community kitchen, picnic area, and a barbecue area. 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 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 September 2025) reflects six townhouses changing hands, with an average asking price of $406,467 and an average selling price of $398,333. This represents a healthy list-to-sell price ratio of 98% and $210 per square foot. During this period, Colony Reserve townhouses for sale have taken an average of 166 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

Reduced

$470,000

$478,000

MLS#RX-10964117

5826 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.044 Acres

408 Days

Reduced

$429,000

$440,000

MLS#RX-11110111

5919 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

0.008 Acres

42 Days

Reduced

$425,000

$459,000

MLS#FX-10466430

5769 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,622 SqFt

308 Days

Under Contract

$415,000

$449,000

MLS#RX-11022035

5946 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

350 Days

Reduced

$410,000

$415,000

MLS#RX-11108561

5813 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.044 Acres

49 Days

$409,000

MLS#FX-10518690

5903 Monterra Club Dr 5903
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

31 Days

Under Contract

$399,000

$419,000

MLS#RX-11094526

5911 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

0.058 Acres

90 Days

Under Contract

$399,000

MLS#RX-11114140

5834 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

0.044 Acres

28 Days

Under Contract

$395,000

$429,000

MLS#RX-11104314

5891 Monterra Club Drive
Lake Worth, FL 33463

3

3

1

1,897 SqFt

Water Front

0.041 Acres

64 Days

9 Active Listings in Colony Reserve