Frequently Asked Questions
1. What is the overall plan for the Meredith Bay community?
Our plan is to create a warm and welcoming community within the natural beauty and splendor of Lake Winnipesaukee and the surrounding area—a community where the focus is on providing a wonderful quality of life and providing great value for every buyer and community resident.
Meredith Bay is comprised of roughly 430 acres of land. Over the next 10 to 15 years we plan to continue to expand our real estate offerings with more single and multi-family opportunities as well as expand and diversify the amenities offered. Although plans aren’t finalized until a specific parcel is developed, we currently envision building out a small retail village on Route 3, a boutique hotel, state-of-the-art fitness center, clubhouse, indoor pool, and many other amenities for our homeowners’ enjoyment.
2. What are your amenities?
The list of amenities at Meredith Bay currently includes the swimming pools and pavilion; tennis courts; fitness center; lakefront picnic area with swim platform and horseshoes and bocce court; maple sugaring hut called The Sugar Shack; rustic cabin overlooking the lake offering classic books and games nicknamed The Love Shack; community gardens; and expansive walking trail network featuring exercise stations. Access to a nearby marina and beach club is also available to all Meredith Bay residents. As additional neighborhoods are developed, we plan to continue to add more fun and unique amenities.
3. Does every property include a boat slip? What does a slip cost?
60 of the 76 slips at the Akwa Marina are allocated to Meredith Bay property owners as determined by the Developer. These slips are leased to property owners on an annually renewable guaranteed lease. The lease cost varies based on the size of the boat.
As an alternative to the traditional arrangement of owning a boat, residents at Meredith Bay also have the option of joining the American Boat Club, which provides a variety of new, modern boats for use by its members for an annual fee.
4. What major cities with airports are nearby?
Manchester-Boston Regional Airport is located 45 minutes from the development. Boston Logan Airport is about an hour and a half away.
5. How long will it take for the Meredith Bay community to be fully developed?
At this point in time, it is estimated to be a 10 – 15 year build-out.
6. How many total units will there be when the community is complete?
Current zoning would allow a final density of 650 – 750 total units.
7. Are there reciprocal benefits with other Southworth Communities?
Meredith Bay residents enjoy special privileges and discounts at Southworth Development’s clubs and resorts, including The Abaco Club in The Bahamas, Machrihanish Dunes in Scotland, Willowbend on Cape Cod, Renaissance on the North Shore and Creighton Farms in Northern Virginia. Benefits include access to private facilities and golf course, as well as reduced accommodation and golf fees. Arrangements can be made through the sales center.
8. When did the development begin at Meredith Bay?
The development was started in 2004, at which time it was called Akwa Soleil. Southworth Communities assumed the role of managing partner for Meredith Bay in 2007.
9. Are pets allowed?
Each Association has Rules & Regulations including the number of domestic pets allowed. All pet owners are expected to also follow local pet ordinances & leash laws.
AKWA VISTA – CUSTOM HOMES & HOME SITES:
1. What are the Homeowners’ Association (HOA) dues and what do they cover?
The HOA dues are currently $245 per month which covers: care and maintenance of all common areas, including snow removal on the roads; common area landscaping; upkeep and care of the pool and tennis pavilion; and your membership in the Akwa Marina & Beach Club. The Gate House is staffed year-round, which is also included in the HOA fee.
2. How often do the Homeowners’ Association dues increase?
The HOA fees are subject to change annually. Increases to date have been very modest and have only increased $60 from $185.00 to $245.00 since 2008. The Akwa Marina Yacht & Beach Club fee, which is included in the HOA dues, is adjusted every five (5) years based on the Consumer Price Index.
3. Are there guidelines in place that dictate the look of the homes and landscaping?
Yes, there are guidelines in place that dictate any improvements to the home site, architectural features, size, style, colors, etc. of a property. These guidelines exist to create a visually cohesive community and to ensure that the homes blend with the natural beauty of Meredith Bay. The Architectural Review Guidelines also extend to any future modifications that a homeowner may want to make. All changes are reviewed by the Architectural Review Committee once an application is submitted.
4. What is the average size of lots?
The average size of a single-family home lot is approximately 17,000 square feet (roughly 1/3-1/2 of an acre). However, lots vary from 10,000 square feet (1/4 of an acre) to 42,000 square feet (nearly one acre).
5. Am I required to use a specific builder and house plans?
Buyers are welcome to bring in their own builder and plans provided they are approved by the Architectural Review Committee. The builder for the custom homes designed exclusively for Meredith Bay is Southworth Homes of New Hampshire LLC.
6. What are the utilities?
All utilities are underground, including electric, telephone, and cable. Water is provided by the City of Laconia. The sewage system that is located throughout the Akwa Vista neighborhood is owned by the association and joins the city’s lines on Scenic Road.
7. What are the demographics of the community? How many residents are full-time?
Currently, approximately 40% of our homeowners are full-time. The balance are active weekend and vacation users. Our mix of residents range from young professionals to families to retirees.
8. How many lots are located in the single-family home phase? How many are owned?
There are 129 single-family home sites located in the Akwa Vista neighborhood. Approximately 30% have been sold to date.
THE TOWNHOMES AND THE SPINDLE VIEW TOWNHOMES:
1. What are the differences between The Townhomes and the Spindle View Townhomes?
The main difference between The Townhomes and the Spindle View Townhomes is location. The Townhomes at Meredith Bay are located beside Lake Winnipesaukee while the Spindle View Townhomes enjoy elevated views from across the street. Unit size and features also vary, but the units are of similar high quality and value.
2. What are the Condominium Association dues for The Townhomes and the Spindle View Townhomes? What do the dues cover?
The monthly dues for The Townhomes is currently $495.00 per month. For the Spindle View Townhomes, the dues are $440.00 per month. Items covered by the dues include the amenity package, interior and exterior insurance (exclusive of personal property), all common area maintenance, landscaping, snow plowing of the access road and parking lot, trash removal, and insurance for the Association.
2. How often do the Condominium Association dues increase?
Condominium Association dues are subject to change from time to time as determined by the Board of Directors. The only “scheduled” dues change is in 2018 when the Beach Club fee will change in accordance with the agreement between the Association and the Beach Club.
3. How are the utilities handled at The Townhomes and the Spindle View Townhomes?
All utilities are metered separately. Providers invoice homeowners directly with the exception of sewage and water, which is invoiced by the Association.
4. Is there direct access from The Townhomes and the Spindle View Townhomes to the Lake?
There is no direct water access from The Townhomes and the Spindle View Townhomes to the shore. Lake access is provided at the community’s private picnic area, a short walk from The Townhomes and the Spindle View Townhomes. In addition, all Meredith Bay residents also enjoy access through the Akwa Marina & Beach Club, which is a short distance away.
5. What are the demographics of The Townhomes and the Spindle View Townhomes? How many residents are full-time?
Currently about one-third of our townhome owners are full-time. The balance are active weekend and vacation users. Our mix of residents ranges from young families to retirees.
CONDOMINIUMS – THE LODGES:
1. What are the Association dues for Bluegill Lodge?
Dues are $505 per month, which includes the cost of the amenity package, interior and exterior insurance (exclusive of personal property), all exterior maintenance, landscaping, housekeeping of common areas, operation of the three elevators and heated parking garage, and insurance for the Association.
2. What is the average living square footage per unit?
The average square footage of the units is approximately 1,800 square feet.
3. How many bedrooms are in each unit?
The Lodge condominiums offer either 2 or 3 bedroom configurations.
4. Are the parking spaces designated and how are they allotted to each unit?
Each unit is assigned one space in the building. Additional outdoor spaces are available but not assigned.
5. How does the elevator operate?
There are 3 elevators in the building. Each elevator serves eight units from the first floor up to the fourth floor.
6. How many units are there in Bluegill Lodge?
Bluegill Lodge has 24 units. One unit is currently utilized as a fitness center, although that may change at some point in the future.
7. Are there storage areas provided?
Each unit is provided with a designated storage area located in the heated garage of the building.
8. Are the materials on the exterior of the building maintenance free?
The majority of the exterior is low maintenance such as stone, composite trim and vinyl siding but there is also some natural wood and other areas requiring a limited amount of maintenance.