FOR PROSPECTIVE BUYERS AND REALTORS

• Villa Monterey Unit 7 may also be known Colony Park Association 

• Villa Monterey Unit 7 is an Age Restricted Community for residents 55 years of age or older 

• Annual HOA Dues for 2025 - $653

  • Annual HOA Dues are $550 for HOA Operations assessments plus a Capital Improvements assessment of $103 subject to a 3% yearly inflation adjustment.  

  • 2026 will be $656 with the 3% adjustment. 

• Payable by December 31st of every year and subject to a 10% late fee. 

• Transfer fee -  $1260 (for 2025)

• Disclosure Fee amount of $240 (for 2025)

• All checks should be made out to "Colony Park Association "

• Real Estate Transaction information should be directed to Kathy Young via email to villamonterey7@gmail.com 

• New residents should send their email to the villamonterey7@gmail.com box so that they can recieve community notice emails. Also please be sure to bookmark this website. 

Rentals/ Leases are not permitted

Leasing and short term rentals are not allowed.

Please review the Rules and Regulations under General Rules # C., also it is defined in our Declarations of Restrictions Section 2.11.  Any further questions please refer to the Website or ask a HOA board member for clarification. 

To view and download a document click on the arrow in the upper right hand corner