Located in Conservancy, Mooring, Veranda, Marina Bay, and Sailside neighborhoods – In The Peninsula, a “villa” is a detached, single family home that is part of a condominium association. Villas usually range from about 2,000 to 3,500 sq. ft., and 3 to 5 bedrooms. There are many different designs. Some back to the golf course or a pond. Typically, the villa homes are set closer together than the homes classified as “single family” homes. The condo association provides insurance on the home through a master policy, funded by the condo fee.