Cypress Lakes By the Numbers

Cypress Lakes is a gated 55+ community with 992 single-story CBS homes, all built between 1979 and 1984. It's not a luxury country club — and it's not trying to be. It's a value-driven, amenity-heavy active-adult community that works if you understand exactly what you're buying. If you walk in expecting Old Palm or BallenIsles, you'll be disappointed. If you walk in expecting a practical community with substantial amenities at a low cost, you'll be very well served.

What the $425/Year HOA Covers

For $425 annually — roughly $35 per month — residents get access to an amenity package that other communities charge ten times more for:

• 18-hole golf course (included in the dues)
• Clubhouse with pool and jacuzzi
• Fitness center and sauna
• Billiards, ping pong, shuffleboard
• Mini golf
• Tennis courts
• Library and card room
• Hobby workshop
• Gated access

At any price point in Palm Beach County, that's an unusually strong amenity-to-cost ratio. The reason it works is scale combined with realistic expectations: 992 homes share the cost, and the community isn't trying to maintain a 22,000 sq ft luxury clubhouse or tournament-quality golf. What it offers, it offers well — at the appropriate cost for that level of finish.

The Trade-Offs — This Is Where Buyers Get It Wrong

Nothing is free. The reason the HOA can be so low is because of what's deliberately not included:

• Smaller homes — 800 to 1,800 sq ft. There are no large floor plans here.
• Older construction — late 1970s to early 1980s. Every home is 40+ years old.
• You're responsible for your own systems and exterior maintenance — the HOA doesn't cover roofs, exterior paint, or individual landscaping. That's one of the main reasons the HOA can be this low.

This isn't maintenance-free living. If you want a 3,000 sq ft home with included exterior maintenance and new construction, Cypress Lakes is not for you. If you're willing to live in a smaller home, take on exterior maintenance yourself, and accept that the property is 40+ years old, the monthly HOA savings are real — and substantial.

Pricing Reality

Cypress Lakes pricing varies primarily by home condition:

The $250K to $450K spread is primarily about renovation level. A home with original 1980s roof, A/C, water heater, windows, and kitchen/bathrooms sits near the bottom. A home with full renovation in the last 5 years or a waterfront premium lot sits near the top. The $200K difference between those two ends is real — and most of that difference is the cost of renovating things you'd otherwise have to update yourself.

Management Transition — December 2024

Important detail: as of December 2024, Cypress Lakes transitioned to Coastal Realty & Property Management. If you're looking at older information about the community, the HOA contacts may have changed. Request updated documents directly from current management before writing an offer — including the most recent financials, current or pending special assessments, and current association rules. A management change sometimes comes with policy changes; find out before, not after.

Items to request specifically:

• Current HOA documents
• Estoppel letters
• Financials and disclosures
• Any special assessments (current or pending)

Who Cypress Lakes Works For

• 55+ buyers prioritizing low HOA costs — the annual savings vs. other 55+ communities is in the thousands
• Golfers who want included access — 18 holes at the annual cost of just a few rounds at private clubs
• Buyers comfortable managing their own property upkeep — or who budget for it separately
• Value-focused buyers over luxury buyers — low entry point, low ongoing cost, functional community