Colony Lake Homes for Sale

Colony Lake is a residential community in Lake Worth, Florida.

Pure Equity Realty covers Colony Lake and the Lake Worth area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Colony Lake Lake Worth homes for sale as of October 2026. The median asking price is $449,000.

That is 7% above the Lake Worth median of $420,000. On a per-foot basis, homes here ask about $243 per square foot, roughly in line with the city at $250. So the median price buys roughly 1,850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 129 days on the market. That is slower than the Lake Worth average of 103 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Colony Lake date from 2014, so they are about 12 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Colony Lake price means in Florida closing terms. At $449,000, a 20% down payment comes to about $90,000, leaving a loan near $359,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,257. Next, the intangible tax of 0.2% adds about $718. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Colony Lake median, that is about $3,143.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Colony Lake listings show assignments to Hidden Oaks K-8 (elementary), Tradewinds (middle) and Santaluces (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.