On the up side: the place is beautiful - they keep the grounds in tip top shape and the golf course…read moreis fabulous. They have a lot of regular activities to keep everyone busy and never get bored. Tennis is huge there and well run. Bocce is a bit too serious :)
NOW - for the down side: The costs. After owning for several years we realized that unless you are literally made of money, it's not a place you should live. From the first month we moved in three years ago until we sold last week, (snowbirds) it was special assessment after special assessment. First the kitchen, then elevators, then extra for flood insurance, then the golf course, and then the clubhouse which was at a cost of $8MM. All passed along to the owners.
We were very lucky to own a golf membership which we purchased for $40k and now has gone up to $85k. Since there is a waiting list for these memberships, we were lucky to sell our place. The costs to own in ECC have skyrocketed. That was a plus for us as we were able to make a nice profit on our own sale.
The financial management of the club is the problem. One day an email will be sent out to all members regarding inflation, rising cost of gasoline, market downturns, etc and the next week they want more money to update the clubhouse. Makes no sense. Again, to the multi millionaires that live there, they may not care. Bottom line is it's a great place for those that have unlimited disposable income. But get ready because you will spend all of it. It's country club life at it's peak.
One final note: The community itself has very nice people.