FREQUENTLY ASKED QUESTIONS
Q: Will I have water views from both the sound front and non-sound front lots?
A: Yes! Roosevelt Cove is located in Indian Beach in a pristine Maritime Forest. This section of the island averages 1,200 feet wide so the views are amazing! You will own a sound front lot and second row oceanfront lot. Bogue Sound and the Atlantic Ocean will truly be your neighbors!
Q: For the sound front lots, what is the water depth?
A: It is pretty shallow on the backside of Bogue Banks, with about a 3' tidal variable twice a day. However, we do not know what low tide is at each lot. Our estimate is that it is approximately only a couple of feet deep at low tide measuring out 150'. Note: These are estimates – any buyer will need to make sure the particular lot meets his/her needs.
Q: Will I be able to have a dock at my property?
A: Yes. The first step would be to secure a general permit from CAMA for your proposed dock or pier. With regard to the length, the rule is: it is "not to extend beyond the established pier length on the same shoreline with similar use." We estimate, per CAMA of Pine Knoll Shores, that a dock at Roosevelt Cove would be able to be approximately 200' in length or longer.
Q: What can I expect to pay in terms of insurance?
A: Most of the home sites are in a “X Flood Zone” where your insurance will be the most economical available and in most cases the flood policies are optional. The wind and hail policies will be similar to all “island living” policies.
Q: What will I owe in terms of monthly HOA dues?
A: NONE! Although we do have restrictive Covenants to protect the value of your investment and help to regulate the overall quality of construction, there are no common areas to maintain so you can save on HOA dues for amenities you may not use and enjoy the ocean and sound!
Q: Upon purchase, what is included with my property?
A: You will have an engineered asphalt driveway access for ingress and egress to and from your lot, Bogue Banks water service and Carteret Craven underground electric service. We are also in the process of building a concrete 5’ multi use path from our project to the Indian Beach access known as the Indian Beach MP 12 Access.