Stonebay

Sneads Ferry, NC

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What Stonebay's governing documents say

Stonebay is a townhome community in Sneads Ferry, NC, governed by a homeowners association (HOA). These documents are amendments and the original declaration that set rules for owners, including architectural controls, parking, pet limits, and stormwater compliance. The community is subject to a stormwater permit with built-upon area (BUA) limits per lot.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.

Key facts from Stonebay's documents

Community type
Residential townhouse community as of 2019 (Section 1.G, Section 6.A(i))
Units / lots
89 (one unit per lot) as of 2019 (Exhibit B lists 89 individual lot number)
Developer / declarant
Stonebay Developers, LLC, a North Carolina limited liability company as of 2019 (Opening recital of original Declaration )
Governing law
North Carolina General Statutes (NCGS) referenced for assessments liens and condominium definition as of 2019 (Section 4.K, Section 1.I)
Assessments & dues
$690/year (estimated from 2 real-estate listings) as of 2026 (https://www.advantagecoastalproperties.c)
Special assessments
Allowed for capital improvements, un-budgeted maintenance, stormwater compliance; requires 2/3 vote of each class as of 2019 (Section 4.A, 4.F)
Collections & liens
Annual and special assessments are a continuing lien on the Lot; enforceable under NCGS Article 2A of Chapter 45 and Article 8 of Chapter 44; includes interest, costs, attorney’s fees; lien subordinate to institutional first mortgages and a as of 2019 (Section 4.B, 4.K, 4.L)
Reserves & fees
Board must create and maintain a reserve fund for periodic maintenance, repair, and replacement of Common Area and Stormwater Management Facility improvements as of 2019 (Section 4.G)
Home business
Not permitted (only residential use) as of 2019 (Section 6.A(i))
Signs & flags
Only professionally prepared 'for sale' or 'for rent' signs not exceeding 6 sq ft; construction signs during construction must be removed upon completion; Declarant signs allowed; no other advertising; Architectural Committee may remove non as of 2019 (Section 6.I)
Use restrictions
Yes, no Lot shall be put to any use other than residential purposes, except Declarant may use for streets as of 2019 (Section 6.A(i))
Voting & meetings
Two classes: Class A (owners, one vote per lot); Class B (Declarant, ten votes per lot owned, converts to Class A upon earlier of: Class A votes equal Class B, 10 years from recording of Declaration, 5 years after last Supplemental Declarat as of 2019 (Section 3.B)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.

About this HOA

Stonebay is a homeowners association in Sneads Ferry, NC.

HOAproxy has 3 documents on file for Stonebay: 3 CC&Rs. Last updated 2026-06-20.

Governing documents

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