A Natural Setting That Stands Apart
Colonnades occupies one of the most naturally beautiful settings of any 55+ community in Lakeland — lush mature trees, serene ponds, colorful landscaping, and a peaceful lake create an atmosphere closer to a nature preserve than a subdivision. Built by Florida Leisure Communities (the same builder behind Highland Fairways) between 1985 and 1994, the community has matured into a genuinely charming neighborhood.
The 15,000 sq ft clubhouse is one of the largest among Lakeland's 55+ communities, with an activity director organizing regular social events. Single-level homes range from 900 to 2,100 sq ft. An on-site fishing dock adds to the outdoor lifestyle.
Real Costs
| Cost Item | Annual | Notes |
|---|---|---|
| HOA | $2,616 | $218/mo. Grounds, amenities, lawn care. |
| CDD | $0 | None. |
| Property Tax ($200K home) | ~$1,600 | Polk County with homestead. |
| Insurance | ~$2,000–$3,200 | Older construction — roof age drives premium. |
| Total/Year | ~$6,200–$7,400 |
Buyer note: Homes are 30–40 years old. Budget for roof replacement ($8K–$15K), HVAC updates ($5K–$8K), and plumbing inspection before purchase. These are real costs that offset the low purchase price.