Unmatched Value in Coastal Living!
The Cypress Landing HOA, Golf Course and Marina are all community owned and organized as separate non-profit corporations.
Are you considering purchasing property in a community or development with a Home Owners Association (HOA) or Property Owners Association (POA)? Before making a purchase, it’s critical that you understand the fees they impose and their financial reserves to verify they will deliver the value you expect.
Some associations have annual fees of thousands of dollars. Others, due to poor financial management, have a history of “surprise” assessments on owners for even routine maintenance expenses. Many associations quote low annual dues but have add-on fees for every little amenity or activity that renders real value comparisons difficult. Or the developer retains majority votes in HOA financial decisions.
Cypress Landing offers a community that is financially strong, well managed, and delivers outstanding value for the cost. We are also “high and dry” in the face of storms with no required flood insurance.
What is covered in annual HOA dues?
Our amenities and all community assets are 100% owned and managed by property owners. We are non-profit so none of your fees are going into some developer’s profit mark-up. There are no additional fees for pools, fitness center, tennis center, club house, members bar, etc. One low annual HOA fee ($1289/yr for 2020) includes all that! Our HOA financial reserves at nearly one million dollars are rated “strong” by Community Associations Institutes, an organization that works with home owner associations across the U.S. And there has never been a “Special Assessment” necessary.
Annual dues include all amenities except the golf course and marina. (Includes: Bay Club, the Iris members-only lounge, 3 pools, Fitness Center, Tennis Center, expansive common areas & ponds, landscaping, nature trail, use of kayak & trailer storage areas, meeting and event spaces, social & cultural events.)
- No Assessments—ever. No debt. No delinquent dues.
- Our owners enjoy .73% property tax ($2550/yr on $350K property) covering property, fire and EMS taxes.
- Stable full time community association management staff of three.
- Annual budget ~ $800,000. Annual independent audit.
- Reserves in excess of $1M. Rated “strong” by Community Associations Institute.
- Active Board of Directors elected by owners. Strong Finance Committee.
- Many of our 716 property owners volunteer within the community, keeping costs low.
Low Property Taxes
Cypress Landing is not in city tax boundaries, so only Beaufort County tax rates apply. This year our combined rate for all services was $.73 per $100 of assessed value. Includes property, fire and EMS tax. (A $350,000 home would pay $2550/year in property tax.).
The low property tax rate for Chocowinity, NC is a key financial figure to consider when considering a new home. The location of a Cypress Landing property can save you over $25,000 over the term of your mortgage! What would you do with that money?
Learn more about the Cypress Landing lifestyle!
Clubs & Activities
Beyond golfing and boating, you’ll find the club, tennis, pools, fitness center and more, all geared to multi-generational needs, appropriately sized, current and exquisitely maintained. Modern and no extra charges!
Located in coastal eastern North Carolina on the high southern shore of Chocowinity Bay and the Pamlico River. The perfect place to live is much more than just a beautiful home. Discover why Cypress Landing is North Carolina’s Premier Coastal Community!
A complete set of community amenities support active, diverse activities. Modern. Superbly maintained. Appropriate for multi-generational interests.
Frequently Asked Questions
We are building a vibrant neighborhood that truly reflects the interests of it’s residents. Here are some of the most commonly asked questions about our community.
Cypress Landing continues to stand out among residential communities, for a wide range of reasons. Here are some of our more prestigious recognitions we’ve been awarded in recent years.
This is your kind of place! Cypress Landing is conveniently located among major shopping outlets, arts and entertainment locations, schools and universities, medical facilities, and military bases.