Silverleaf is marketed community-wide as having no CDD (Community Development District) fees, which sets it apart from many other master-planned communities in St. Johns County. Buyers evaluating single-family homes for sale in Elm Ridge should still budget for HOA dues, since Elm Ridge carries its own neighborhood-level HOA on top of Silverleaf’s master community HOA, which is approximately $100 per month.
Elm Ridge at Silverleaf house for sale HOA dues contribute toward maintaining the neighborhood amenities, common areas, and landscaping. The SilverLeaf Master HOA supports amenities and shared infrastructure throughout the larger master-planned community that include a swimming pool, splash pad, water park, fitness center, and sports courts, along with common area landscaping and maintenance.
The Silverleaf master HOA covers the broader shared amenities and golf cart paths across the larger community. Exact current dues should always be confirmed directly with your Richmond American sales representative or with Sarah at the time of signing a purchase agreement.
Buyers interested in Elm Ridge single-family homes for sale should factor both HOA layers into their monthly budget alongside their mortgage payment, even without a CDD fee in the mix, since Elm Ridge’s extensive on-site amenity package is funded through those combined dues.
In Courtney Oaks, there is a dual HOA system where one association handles the master- planned community of SilverLeaf while another handles Courtney Oaks. Generally, the HOA fees come down to approximately $140 per month and are paid as part of the annual property taxes. As there are no CDD fees to pay, it is an additional advantage for homebuyers considering this neighborhood in SilverLeaf, especially when compared to other master planned communities in Florida.