Welcome to

Colony Reserve

Read the News

Buying Beats Renting

RealtyTrac Report Finds It Costs Less To Buy Than Rent In South Florida.

According to a report from RealtyTrac, the combination of skyrocketing rent prices and low mortgage rates is continuing to make purchasing a home a better option than renting.

In Palm Beach County, purchasing a three-bedroom home costs 37 percent of the county’s median household income, while renting a similar property demands more.

At Colony Reserve, owning a home is even easier since we offer the best value in The Palm Beaches. For the cost of what you would pay a landlord to rent a new townhome, you may be able to purchase one here.

Share this post with your friends that are throwing their money away on rent. Then contact us for more information.

3 Reasons You Should Live in Lake Worth.

If you’ve been following our blog, you probably already know why you should live in Colony Reserve. The community has gained popularity for its spacious townhomes and resort-style amenities, but its location in the vibrant city of Lake Worth is a major bonus that shouldn’t be overlooked. Not convinced? Then check out these three reasons why you should live in Lake Worth.

Why Live in Lake Worth:

  1. Dynamic Downtown
    Whether shopping at the boutiques and galleries, eating at the restaurants and bistros, or enjoying a night of dancing and entertainment, every day is an adventure in Downtown Lake Worth. In addition to the shops, eateries, and entertainment venues, Lake Worth offers numerous yearly festivals and celebrations that are unlike anything you’ve ever seen. While Reggae Fest and Rocktober Brewfest are among the favorites for Lake Worth residents, the Street Painting Festival is one of the most anticipated events in the country.
  2. Great Beach Facilities
    Though white sand and translucent waters make Lake Worth Beach pristine and picturesque, it’s the William O. Lockhart Municipal Pier and Lake Worth Casino that truly separate it from the other beaches in South Florida. Contrary to its name, the Lake Worth Casino doesn’t have gambling, but it does offer beachgoers food, restrooms, a picnic area, and oceanfront park. Recently restored, the facility still features the original 1920’s architecture from the Casino’s heyday, keeping in touch with Lake Worth’s refined, yet retro vibe.
  3. Rich History
    The Lake Worth Casino is just the beginning of the city’s historical sites. From the Schoolhouse Children’s Museum & Learning Center to the Lake Worth Playhouse, this eclectic city hosts some of the most beautifully maintained historic buildings in South Florida. While the conveniences of modern living are always at your fingertips, it’s nice to get a taste of yesteryear through the architecture and styling of historic Lake Worth.

Still need more reasons to live in Lake Worth? Visit the Colony Reserve Sales Center and we’ll answer any of your questions and about the community and this beautiful city.

3 Reasons To Buy A New Construction Townhome.

Buying a new home is an exciting time, but it’s also a big decision with lasting effects. Though an older home may seem more affordable up front, the benefits of a new construction townhome may actually save you money in the first year alone. Still not sure whether you should buy an existing home or new construction? Check out these three reasons why you should buy a new construction townhome.

Why Buy A New Construction Townhome:

  1. Comes With Modern Efficiencies
    All townhomes at the Colony Preserve come standard with an energy efficient air-conditioning and heating system, as well as Energy Star windows, which can save you up to 15% on energy costs a year.
  2. Has New Roof, Kitchen, and Bathrooms
    On an already existing home, the roof, kitchen and bathrooms are often the first things to be replaced or renovated. Not only can these repairs and renovations cost thousands of dollars, but they can also be stressful and time-consuming. Fortunately, if you live in Colony Preserve, it’ll be a long time before you need to replace anything in your new construction townhome.
  3. You Can Personalize It
    At the Colony Preserve, you can customize your home how you want it, with the features and finishes you’ve always dreamed of. From cabinets and countertops to carpets and flooring, a new construction townhome lets you customize these finishes the way you want them, without spending money on costly renovations.

Now that you know why to buy a new construction townhome, it’s time to learn more about Lake Worth’s premier townhome community. Visit Colony Preserve today at 5299 Lantana Road.

3 Ways to Spend Your Summer in Lake Worth.

Known for pristine beaches, beautiful weather and endless things to do, Lake Worth offers numerous ways to spend your summer. While we could write entire books about the rich culture, thriving art scene and entertainment venues, below we’ll focus on the top three things to do in Lake Worth this summer.

Top Things To Do In Lake Worth This Summer.

  1. Visit Downtown Lake Worth.
    Home to an eclectic collection of art galleries, clothing boutiques, antique shops, specialty stores and music venues, Downtown Lake Worth has something for everyone to enjoy. Browse and shop or eat and take in the entertainment, however you spend your time downtown, it’s sure to be a good time for all.
  2. Go To Lake Worth Municipal Beach.
    Pure white sand and translucent waters make the Lake Worth Municipal Beach the epitome of a South Florida Summer. Whether playing volleyball and paddle boarding or fishing off the William O. Lockhart Municipal Pier, the beach is perfect for an outing with family and friends.
  3. Play Golf.
    Lake Worth and its surrounding areas offer a number of golf courses for every skill level. From championship to executive courses, Lake Worth offers numerous places to play in the beautiful weather and picturesque atmosphere that only South Florida could offer.

While these are just the beginning of things you can do in Lake Worth this summer, the possibilities are endless. Now that you know about the attractions in Lake Worth, click here to learn about the private club lifestyle of Colony Reserve.

Resort-Style Amenities Make Colony Reserve the Premier Townhome Community in Lake Worth.

From the luxurious Clubhouse and LifeFitness® gym to the tot lot, pool and basketball court, Colony Reserve offers a range of resort-style amenities that make it the premier townhome community in Lake Worth.

The heart of the neighborhood, the Colony Reserve Clubhouse is perfect for entertaining family and friends or mingling with neighbors. The sprawling great room features comfortable couches and chairs for lounging, with multiple TVs for watching the game, as well as bar seating and a warming kitchen for serving meals.

Just off of the great room, the spacious card room offers numerous tables, elegant décor and full-length windows, allowing you to comfortably spend the day playing your game of choice.

The Clubhouse also features a LifeFitness® gym with aerobic equipment like treadmills and elliptical machines, as well as circuit equipment and free weights.

Just outside the gym, the basketball court offers another way to enjoy a fun workout. Then, relax under the South Florida sun at the resort-style pool and sundeck overlooking the tranquil lake and spectacular fountains.

There’s also a large tot lot with a jungle gym, slides and swings so kids can play in a safe environment.

The best part, all of these amenities are included in the low HOA dues, which also include an on-site manager, maintenance personnel, and clubhouse staff.

To learn more about Colony Reserve and the community clubhouse, click here to take a video tour.

Things to do in Lake Worth this Spring.

After a gorgeous winter in Lake Worth, spring is here, bringing more of the temperate weather that South Florida is known for. Whether you like music and art or beaches and barbeque, there’s plenty for the whole family to do in Lake Worth this spring.

Held the first and third Friday of each month, Evening on the Avenue is a night of live music, food trucks, and wine & beer, at the beautiful Cultural Plaza on Lake Avenue.

Situated amongst the galleries and shops of downtown Lake Worth, there are also numerous cafés and restaurants around the Cultural Plaza, offering plenty of relaxing dining spaces to enjoy a meal before or after the show.

Also at the Lake Worth Cultural Plaza, the Lake Worth Art League’s Art on the Avenue showcases an eclectic combination of works from local artists on April 2nd and 3rd.

While Lake Worth has gained a reputation for its artistic offerings, the city’s most loved spots are still the Lake Worth Beach and William O. Lockhart Municipal Pier. With pristine sand and translucent water, the beach and pier offer an ideal location for springtime fun like fishing, volleyball, and swimming.

Read this article for more things to do in Lake Worth. Then, visit Colony Reserve to pick out your new townhome in the heart of this idyllic city.

Why Millennials Should Buy Homes Now.

As a generation, millennials haven’t had an easy entry into adulthood. After graduating into one of the country’s worst recessions with an unprecedented amount of student loan debt, much of the under 35 crowd has decided to stay out of the housing market. But with more promising career prospects, historically low interest rates, and ever-increasing rents; more millennials are becoming homeowners.

Whether you’re staying at your parent’s house or paying an astronomical amount for rent, buying a home may be a better option if you have a steady job and a down payment.

Not sure if homeownership’s for you? Then browse these three reasons millennials should buy a home.

3 Reasons Millennials Should Buy a Home:

  1. Owning costs less than rent.

    According to a recent report from real estate website Trulia, buying a home is 36% less expensive than renting on a national basis. More specifically, it costs 40% less to own than rent in most South Florida metro areas.

  2. Owning builds equity.

    While rent simply puts money in your landlord’s pocket, owning helps you build an investment for yourself. As your property appreciates in value, you’ll not only have an opportunity to sell it for more than you paid, but you may be able to borrow against the equity.

  3. Owning has tax benefits.

    As a homeowner, you’ll be able to deduct your mortgage interest and property taxes, allowing you to keep more of your money for yourself. Under certain circumstances, you may even be able to take home office deductions if you work from home.

If you’re ready to learn more about the possibility of buying a home, contact us today to see if a three-bedroom townhome with garage in Lake Worth is right for you. With prices starting at only $243,000, Colony Reserve may be the perfect place to buy your first home.

Start the New Year with a New Townhome in Lake Worth.

Why waste any time in 2016 looking for a new home, when you can find the best value in the Palm Beaches, right here at Colony Reserve? Spend the new year living in this amenity-rich neighborhood, which offers 190 well-appointed townhomes starting from only $243,000.

Choose from two spacious floorplans — the Acacia and Banyan — each with three bedrooms, two and a half bathrooms, a 1-car garage, and 1,847 total square feet, all nestled amongst the community’s tranquil lake and lush landscaping.

Every Colony Reserve home includes a number of energy-efficient features and luxury finishes, starting in the gourmet kitchen with designer cabinetry, deluxe stainless steel GE appliances, and rich granite countertops.

The opulence then flows into the spacious master suite, which showcases a cozy bay window with a sitting area, dramatic coffered ceilings, oversized his and her walk-in closets, and a spa-inspired bathroom with cultured marble double vanities, a Roman tub, and separate shower.

If you become a Colony Reserve resident, you’ll not only enjoy a beautiful, spacious home, but you’ll have a world of resort-style amenities right outside your front door.

Construction is progressing on the Colony Reserve clubhouse, which is slated to open early spring. The clubhouse is the heart of the community, featuring a great room for entertaining, a card room for your game of choice, and a state-of-the-art LifeFitness® gym with aerobic, circuit, and free weight equipment.

The community also offers a number of ways to enjoy the picturesque views and balmy South Florida weather. The swimming pool, hot tub, and sundeck overlook the lake with the utmost tranquility, while the lakeside running trail, basketball court, and tot lot make the community fun for the entire family.

Phase I of the community is almost sold out with limited homes left at a great value. Phase II is currently underway, making now a great time to buy. If you’re ready to start the new year with a new townhome in Lake Worth, contact us today to schedule a tour of your dream home.

Luxury Interiors

From the lush landscaping and tranquil lake, to the resort-style amenities and quality-crafted townhomes, Colony Reserve offers the lifestyle and value that only the renowned Holiday Organization can deliver.

Only One Unit at Preconstruction Pricing.

Due to high demand from homebuyers clamoring for a place in Lake Worth’s newest townhome community, there is only one residence left at the $239,000 preconstruction price.

While other communities make you pay more for luxurious upgrades, each Colony Reserve home comes with extensive standard features that are seldom found in other communities, such as dramatic coffered ceilings, elegant bay windows, textured knockdown walls, raised-panel interior doors, and master suites with deluxe Roman tubs and separate showers.

The community also offers vast amenities included in the incredibly low monthly association fees. The whole family will love the expansive community clubhouse, with a resort-style swimming pool, hot tub spa, LifeFitness® gym, party-ready great room, and comfortable card room.

The clubhouse is also staffed with an on-site manager and maintenance personnel, allowing you to enjoy a carefree lifestyle built around community interaction and recreation.

Compare Colony Reserve to other communities in the area and you’ll find it’s the only community in Palm Beach County with these incredible features at such a low price point.

With only one townhome left at the preconstruction price of $239,000, now’s the time to claim your place in Colony Reserve. To learn more about the best value in Lake Worth townhomes, contact us now.