Noble metal nanoparticles can absorb incident light very efficiently due to their ability to support localized surface plasmon resonances (LSPRs), collective oscillations of the free electron cloud. LSPRs lead to strong, nanoscale confinement of electromagnetic energy which facilitates applications in many fields including sensing, photonics, or catalysis. In these applications, damping of the LSPR caused by inter‐ and intraband transitions is a limiting factor due to the associated energy losses and line broadening. The losses and broad linewidth can be mitigated by arranging the particles into periodic lattices. Recent advances in particle synthesis, (self‐)assembly, and fabrication techniques allow for the realization of collective coupling effects building on various particle sizes, geometries, and compositions. Beyond assemblies on static substrates, by assembling or printing on mechanically deformable surfaces a modulation of the lattice periodicity is possible. This enables significant alteration and tuning of the optical properties. This progress report focuses on this novel approach for tunable spectroscopic properties with a particular focus on low‐cost and large‐area fabrication techniques for functional plasmonic lattices. The report concludes with a discussion of the perspectives for expanding the mechanotunable colloidal concept to responsive structures and flexible devices.