The following is a list of our most frequently asked questions (FAQs). Should you have a question that is not covered on this page please email us or use our contact form.

Q: How many home sites are there at RiversEdge?

A: 128, which are being marketed in two phases. Phase I, underway now, has 74 home sites.


Q: What are the sizes of the lots?

A: The lots are generously sized from just under a half acre to over half an acre. Additionally, because RiversEdge is an “open space” community, each home site is adjacent to vast meadows, woodlands or water instead of another lot.


Q: How much land area does the RiversEdge development encompass?

A: RiversEdge is over 140 acres of prime coastal land, situated on the shores of Currituck Sound. With over 1,500 feet of waterfront, which includes a 2 acre waterfront Village Green, boat launching facilities with a 200 foot dock, and 500 feet of private beach, RiversEdge offers unparalleled natural beauty in a lush setting. The RiversEdge development is permanently designated as an “open space” plan. This means that over 70 acres of the land within the site will never be developed—it will remain in it's natural, pristine state, thereby not only protecting the delicate coastal ecosystem, but also affording its residents the joys of coastal, country living at its best.


Q: What amenities are offered?

A: Besides the wonderful waterfront amenities, which are mentioned above, RiversEdge has a lovely Gazebo at the Village Green, a picnic shelter on the private beach front, the Meeting House (a spacious facility for social activities and gatherings with adjacent tennis court and tot lot), two other additional tot lots, miles of walking and hiking trails amongst the meadows and woodlands (including a 600 foot boardwalk through the protected wetlands), and a convenient day time boat trailer parking area near the boat launch facilities.


Q: Who builds the homes here?

A: You may bring your own builder, or choose a newly constructed home offered by a select group of builders who are marketing their homes at RiversEdge. Also, our marketing associates will be happy to give you referrals to several excellent contractors to build your custom dream home.


Q: Is there a time frame in which to build?

A: Yes. The goal of the developer is to create a real sense of community where residents will have the opportunity to know their neighbors. In order to prohibit speculative buying for investment purposes only, the developer has incorporated a two year window in the contract for construction to begin. This two years begins from the date of closing, and assures buyers that they will be living in a residential neighborhood.


Q: Is there financing available?

A: RiversEdge is pleased to announce that two regional banking and mortgage institutions have given us specially designed finance packages with excellent terms.

These packages can be for lot acquisition only or a one time closing package with your lot and construction loan rolled together. And, of course, you may elect to choose your own banking institution for financing. Contact East Carolina Bank branch manager, Lewis Barnett at (252) 232-7700 or Towne Bank loan officer, Michael Miller at (757) 409-4329 for details.


Q: Is there a minimum square footage for homes?

A: One of the many positive features of living at RiversEdge is the Architectural Guidelines which assures you that all homes have certain minimal standards. Minimum square footage for a single story home is 2,000 sq. ft. of heated space, and for a two story, 2,200.


Q: What are the building costs in northeastern NC?

A: We have been told by many of our home buyers that building costs can run anywhere between $65.00 and $85.00 per square foot. Costs can vary depending on types of finishes and materials used. It's always best to secure quotes from several reputable builders.


Q: What about water and sewer at RiversEdge?

A: Currituck County has a municipal water system. The price of each RiversEdge lot includes the water tap and water meter fee—a $3,050.00 value. The county uses septic systems. All of our lots have been tested and found suitable for septic systems.


Q: Where does the septic system fit on my lot?

A: Our civil engineering firm, Bissell Professional Group, has taken each RiversEdge lot and plotted a typical one and two story home on it, and at the same time shown where an appropriately sized septic system would be placed. These drawings are available at the RiversEdge marketing office.


Q: Is there a homeowner's association. If so, what are the responsibilities?

A: Yes, there is a homeowner's association, currently operated by the developer, which will be turned over to the homeowners when their numbers are sufficient to assume responsibility. The association is responsible for maintaining and deciding the use of the common areas. This includes the open land held by all, the Meeting House, the Village Green and Gazebo, the walking and hiking trails, the boat launching facilities, the beach, the tennis court and the tot lots. United Property Associates (UPA) has been retained by the developer as the management team to partner with the homeowners to ensure the upkeep and maintenance of RiversEdge until it can be fully turned over to them.


Q: What is the homeowner's association fee?

A:: The RiversEdge Property Association annual assessment is $300.00 per year(***see discounts below) payable semi-annually in January and July.

***Discounts:

75% during 1st 12 months of ownership prior to receipt of certificate of occupancy.                   
50% during 2nd 12 months of ownership prior to receipt of certificate of occupancy.

0% after receipt of certificate of occupancy


Q: Will there be a community pool?

A: Community pools are nice, but certainly add to the fees for the homeowner's association. Today the trend is to design a community to accommodate individual in-ground pools. This is exactly what we have done at RiversEdge. Bissell Professional Group, our engineering firm, has plotted each lot to accommodate an in-ground pool should you choose to have one. And of course, being a waterfront community, swimming in the calm, fresh waters of the Currituck Sound is always an option!


Q: Where can I store my boat, jet ski, etc.?

A: To maintain the aesthetics of the community, the RiversEdge rules and regulations specify that boats or other watercraft are to be stored to the rear of your yard or within your garage. Temporary boat trailer parking is provided near the boat launching facilities for your convenience.


Q: Is this a place for families with children?

A: RiversEdge is a place for everyone! Families with children, empty nesters, singles and retired…all are welcome. In fact our lot sales have proven this, with buyers from every category making their homes here. This is exactly what the developer envisioned in planning the RiversEdge community. Safety, and family recreation were both top priorities in the design of the extensive walkways throughout the development, without having to access the roadways to walk from house to house, take a stroll or ride a bicycle.

The three tot lots with colorful playground equipment are another wonderful amenity for children and grandchildren alike. These things coupled with the other amenities and the beautiful views make living at RiversEdge desirable for all ages.


Q: Where do children attend school?

A: Knapp Elementary School is 5 minutes from RiversEdge. The middle schools and high school are within 10 minutes. All are highly rated with a student teacher ratio of 18-1.


Q: Where can I shop here?

A: The convenient Currituck Supermarket is just 5 minutes away, and the larger chain grocer, Food Lion is located 10 minutes away in a neighborhood strip shopping center. Delightful, small town shopping is available in Elizabeth City, just 20 minutes from RiversEdge, or you can easily access major shopping centers and malls in the Hampton Roads metro area, just 30 minutes to an hour away.


Q. What about doctors and health care?

A: There are excellent doctors and dentists available as well as a competitively priced pharmacy just 10 minutes from RiversEdge. There is also an excellent nursing and rehabilitation center less than 10 minutes away and Chesapeake General Hospital is 30 minutes.


Q: What's the real estate tax rate?

A: The tax rate in Currituck County is .66 per 100. When you consider the lowest tax rate in Hampton Roads is 1.22 per 100, this is a considerable savings.


Q. What utilities are available at RiversEdge?

A. All utilities are underground, and include cable TV, high speed internet access, electricity, water and septic. Natural gas will be available soon.

 

RiversEdge 
P.O. Box 193 Currituck, NC 27929 | Phone: 252 435 1666 Fax: 252 435-1667
Email: sales@riversedge-curr.com

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