Lake Holiday is an unincorporated community and census-designated place (CDP) in Union Township, Montgomery County, in the U.S. state of Indiana.

In March 1993, the Montgomery County Circuit Court approved a district plan that reorganized the governance of the community into two major bodies: · The Lake Holiday Conservancy District Board of Directors, which owns and is responsible for the lake, dam, boat ramps, parks, clubhouse, drainage, and maintenance building.

[5] · The Board of the Lake Holiday Property Owners Association, which maintains the roads and is responsible for housing and lot developments.

[7] According to its website, the Lake Holiday area now "covers 750 acres, has 780 property owners, 369 homes, and 1,296 privately owned lots.

"[8] The clubhouse hosts community breakfasts, regular card-playing events of a social nature, Easter egg hunts, and other seasonal activities.