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50Units
3Stories
1980Year Built
$266K - $351KValue Range
Available Units
For Sale
No Units Available
For Rent
No Units Available
Highlights
Lake Front
Boat Dock
Community Pool
Balcony
1 Garage Space Per Unit
Lakeside living in a recently renovated community
Colonial Bay, constructed in 1980, is a 3-story condominium complex situated on the shores of Lake Manitou. This intimate community consists of 50 units, offering residents a blend of waterfront tranquility and modern convenience. In 2022, the complex underwent an extensive exterior renovation, breathing new life into this established lakeside retreat. The update included a new roof, vinyl siding, and the addition of maintenance-free Trex decking, enhancing both the aesthetics and functionality of the property.
Spacious units with lake views and recent updates
Colonial Bay offers a range of 2 to 3-bedroom layouts, catering to various lifestyle needs. The 2-bedroom units span from 1,172 to 1,368 square feet, each featuring 2 full bathrooms. For those requiring more space, the 3-bedroom units range from 1,204 to 1,494 square feet, with 1.5 to 2 bathrooms. These larger units are priced around $260,000, offering excellent value for lakefront property.
Recent renovations have brought fresh, neutral paint to many units, creating a blank canvas for personalization. The kitchens come equipped with appliances, including new stacked washer and ventless dryer combinations in some units. A standout feature is the corner gas log fireplace, adding both warmth and ambiance to the living spaces. Cream-colored tile in the kitchens and bathrooms contributes to the move-in ready condition of many units.
Perhaps the most appealing aspect of these condos is the outdoor living space. Most units boast two covered balconies, providing stunning views of Lake Manitou. These balconies, recently upgraded with composite decking and railings, offer the perfect spot for morning coffee or evening relaxation while taking in the picturesque lake scenery.
Lakeside amenities for year-round enjoyment
Colonial Bay offers a range of amenities that enhance the lakeside living experience. The centerpiece is undoubtedly the beautiful heated pool overlooking Lake Manitou, providing a perfect spot for residents to relax and soak up the sun during warmer months. For those who prefer to take a dip in the lake, the complex features new aluminum piers, making it easy to access the water.
Outdoor enthusiasts will appreciate the community grill, ideal for summer cookouts and social gatherings. The complex also allows pets with certain restrictions, accommodating animal lovers who want to share their lakeside home with furry companions.
Practical amenities include on-site maintenance, ensuring that any issues are promptly addressed. The complex also provides visitor parking, making it convenient for residents to host guests. For boat owners, there's a dock available, allowing easy access to Lake Manitou for water activities.
Inside the units, residents enjoy modern comforts such as air conditioning, dishwashers, disposals, and microwaves. The inclusion of in-unit washers and dryers adds to the convenience of daily living. Many units also feature fireplaces, perfect for cozy evenings during cooler months.
The homeowners' association takes care of several maintenance tasks, including installation and removal of the pier, trash collection, water and sewer services, landscaping, pool maintenance, and snow removal. This comprehensive service package allows residents to fully enjoy their lakeside lifestyle without the burden of extensive property upkeep.
Small-town charm with lakeside allure
Colonial Bay is situated in a tranquil area that combines the serenity of lakeside living with the conveniences of small-town America. The complex's location on Lake Manitou provides residents with immediate access to water activities and scenic views, making it a haven for nature lovers and outdoor enthusiasts.
For daily necessities and casual dining, residents need not venture far. Within a short 10-minute walk or quick drive, you'll find Tweedlee D's, a local American restaurant known for its inexpensive, homestyle fare. For those with a sweet tooth, Dairy Queen Grill & Chill is also within walking distance, offering a perfect spot for a cool treat on a warm day.
A bit further afield, about a 15-minute walk, is the Lighthouse Kitchen, another local eatery that adds to the area's dining options. For quick bites and convenience items, a Dollar Tree is located less than a mile away, easily accessible on foot or by car.
Venturing into Rochester proper, about a 5-minute drive, residents will find additional amenities and services. The Rochester Plaza and Peace Tree Village shopping areas offer a variety of retail options. For groceries and household items, there's a Kroger supermarket and a Walmart Supercenter, both about a 2.5-mile drive from Colonial Bay.
Outdoor enthusiasts will appreciate the proximity to several parks. Fansler Park is about a mile away, offering a pleasant green space for picnics or leisurely walks. The Rochester City Park, slightly further at 2.5 miles, provides additional recreational opportunities.
For those with school-age children, the area is served by several public schools. Columbia Elementary School and George M. Riddle Elementary School are both within a 5-minute drive. Rochester Community Middle School and High School are also nearby, making Colonial Bay a convenient location for families with children of various ages.
While the immediate area around Colonial Bay is relatively quiet, the town of Rochester, just a short drive away, offers additional amenities and a taste of small-town Midwest charm, creating a well-rounded living experience for residents of this lakeside community.
Car-centric living with easy regional access
Transportation in the area around Colonial Bay is primarily car-dependent, reflecting its rural setting. The complex's location provides easy access to main roads, allowing residents to navigate the area and reach nearby towns efficiently.
For those who need to commute or travel to larger cities, the proximity to major roads is beneficial. While public transit options are limited in this rural area, the road network allows for straightforward drives to nearby towns and cities for work, shopping, or entertainment.
The complex itself offers ample parking for residents, including a carport with additional storage space. This feature is particularly valuable in an area where personal vehicles are the primary mode of transportation. Visitor parking is also available, making it convenient for residents to host guests.
While the area isn't particularly conducive to walking or biking for daily errands, the rural setting does offer pleasant opportunities for recreational cycling or walking, especially along the lakefront. However, for most daily needs and commutes, a car is the most practical option.
For longer-distance travel, residents typically drive to larger cities with airports or bus stations. While this might require some planning, it allows for flexibility in travel arrangements.
Overall, while the transportation options around Colonial Bay are limited compared to urban areas, the easy road access and ample parking make it a comfortable location for those who prefer or are accustomed to car-centric living. The trade-off for limited public transit comes in the form of lakeside tranquility and a slower-paced lifestyle that many residents find appealing.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Somewhat Bikeable
Bike Score®
46/ 100
Car-Dependent
Walk Score®
29/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Fansler Park
3 min drive
Rochester City Park Board
3 min drive
City Park
5 min drive
Rochester City Park Maintenance Grg
6 min drive
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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