Colonial Lakes 1St Add
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
52 homesBuilt 1980–1998
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Built fromLive Stellar MLS data1 years of closingsFL DOR public recordsUpdated twice daily
Live · Colonial Lakes 1St Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
71%
Owner-occupied · Colonial Lakes 1St Add
37 of 52 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · Colonial Lakes 1St Add
incl. 8% trust or LLC-held · 100% out-of-state
0%
Cash buyers · Colonial Lakes 1St Add
0 of 4 sales, 12 mo ending June 2020
52
Homes in the community
52 residential parcels (FL DOR 2025)
Track record · 1 years of records
Est. 1980
Community established
homes built 1980-1998, median 1994 (FL DOR 2025)
0
Failed listings · 2021
peaked at 1 in 2021
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Colonial Lakes 1st Add is a small, established pocket of 52 homes built mostly in the 1980s and 1990s, with a median build year of 1994. That consistency in age means the housing stock reads as a single era of construction rather than a mix of old and new, which tends to narrow how buyers evaluate condition versus updates when comparing one listing to another.

With homes averaging just over 1,100 square feet, this is a community of modest-footprint houses, not larger-format construction. Combined with a homestead share of roughly 71%, the data points to a market where most owners have been in place long enough to file for homestead exemption, which typically means fewer flips and a slower, more incremental turnover pattern than newer or investor-heavy subdivisions.

Best for

  • Buyers seeking a smaller-footprint home (roughly 1,100+ square feet) in an established Orlando subdivision
  • Buyers comfortable evaluating a single-era housing stock built between 1980 and 1998 on its own condition and updates
  • Buyers who do not need a community pool, clubhouse, or other shared amenity as part of the purchase

Probably not for

  • Buyers who want a large or newly constructed home, given the community's modest median square footage and 1990s-era build timeline
  • Buyers who want quick access to multiple active comparables, given the small total of 52 homes in the subdivision
  • Buyers prioritizing on-site community amenities, since none are identified in current MLS listings

The market around Colonial Lakes 1St Add

Colonial Lakes 1St Add is a small community — 1 recorded sale on file, most recently in 2021 — too few for its own price trend. Here is the market around it.

Across Orange County, 5,886 homes are active and 2,019 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Colonial Lakes 1St Add specifically. Momentum Research analysis of MLS records.

If we were buying in Colonial Lakes 1St Add today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Colonial Lakes 1St Add.

Best Buy
Buyers looking for a modest-sized, established home in a small, quiet subdivision without a shared amenity package.
Biggest Risk
With only 52 homes total, limited inventory can mean long waits for the right listing to come up.
Sweet Spot
Homes near the median build year of 1994 tend to reflect the community's typical condition and layout.
Avoid If
Skip this one if you want built-in amenities like a pool or clubhouse as part of the purchase.

A small, settled footprint

At 52 homes, this is one of the smaller named communities in the area, and that scale matters for how it trades. Fewer listings at any given time means less direct comparable data to lean on, so pricing conversations here tend to rely more heavily on condition and recent updates within the subdivision itself rather than broad neighborhood averages.

No community amenities are identified in current MLS listings for Colonial Lakes 1st Add, which suggests this is a straightforward residential subdivision without a clubhouse, pool, or other shared common-area draw built into the value proposition. Buyers here are paying for the house and lot, not a bundled amenity package.

The location and the amenities are priced into every listing in Colonial Lakes 1St Add. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision this size, with only 52 homes and a single build era to work from, pricing a listing or a purchase correctly means digging past the community-wide numbers into the specific unit's build year, size, and update history. We do that comparison work directly rather than defaulting to broad-area estimates that do not reflect a small, self-contained pocket like this one.

Colonial Lakes 1St Add in 15 seconds.

Best forBuyers looking for a modest-sized, established home in a small, quiet subdivision without a shared amenity package.
Biggest advantageA consistent build era (1980-1998) simplifies condition comparisons across the limited number of homes here.
Biggest riskWith only 52 homes total, limited inventory can mean long waits for the right listing to come up.
Sweet spotHomes near the median build year of 1994 tend to reflect the community's typical condition and layout.
Avoid ifSkip this one if you want built-in amenities like a pool or clubhouse as part of the purchase.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Colonial Lakes 1St Add sales matched to your home.

What is your Colonial Lakes 1St Add home worth?

Get a no-obligation home value based on real comparable sales in Colonial Lakes 1St Add, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Colonial Lakes 1St Add?
The Florida DOR 2025 assessment roll shows 52 homes in Colonial Lakes 1St Add (public records).
What share of Colonial Lakes 1St Add is owner-occupied?
71% of Colonial Lakes 1St Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Colonial Lakes 1St Add built?
Homes in Colonial Lakes 1St Add were built between 1980 and 1998, with a median year built of 1994 (FL DOR 2025 roll).
Do cash buyers compete in Colonial Lakes 1St Add?
Cash buyers took 0% of Colonial Lakes 1St Add sales in the 12 months ending June 2020 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Colonial Lakes 1St Add?
The best agent for Colonial Lakes 1St Add is one who actively works Orlando and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Colonial Lakes 1St Add.
How do I find a top Orlando real estate agent who knows Colonial Lakes 1St Add?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Colonial Lakes 1St Add and the wider Orlando area.
Can Momentum Realty connect me with an agent for Colonial Lakes 1St Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Colonial Lakes 1St Add purchase or sale - no call center and no pressure.
Buyers seeking a smaller-footprint home (roughly 1,100+ square feet) in an established Orlando subdivisionExcellent fit
Buyers comfortable evaluating a single-era housing stock built between 1980 and 1998 on its own condition and updatesExcellent fit
Buyers who do not need a community pool, clubhouse, or other shared amenity as part of the purchaseExcellent fit
Buyers who want a large or newly constructed home, given the community's modest median square footage and 1990s-era build timelineProbably not
Buyers who want quick access to multiple active comparables, given the small total of 52 homes in the subdivisionProbably not
Buyers prioritizing on-site community amenities, since none are identified in current MLS listingsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32825))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2025 (3 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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