5501 Carriageway Dr

A low-rise condominium complex built in 1972 and organized across three stories, Three Fountains on the Lake is a garden-style community clustered around a central pond and shared outdoor spaces. Units are predominately two-bedroom layouts with configurations that include in-law or first-floor bedroom options, formal dining rooms, and larger master suites with walk-in closets. Interiors show a mix of original and modernized elements: built-in bookcases and special millwork in some residences, updated kitchens with quartz or granite counters and stainless-steel appliances in many units, remodeled baths, and features such as marble or gas fireplaces. Common building elements include an elevator, a staffed lobby entry in places, interior storage rooms, and private patios or balconies with water views. Community amenities emphasize recreational, year-round convenience: a seasonal outdoor swimming pool, tennis courts, clubhouse, underground heated garage parking, guest parking and additional basement storage. Utilities and services are typically bundled into association assessments that cover heat, water, exterior maintenance and common insurance. The complex sits close to highways, shopping and parks, offering suburban access to regional retail and commuting routes while maintaining a campus-like, lakefront setting.