Waterbound on Smith Lake

What to compare in Waterbound

Lakefront versus lake-view home size, architectural approval and shoreline permissions.

Your neighborhood questions, answered

Document summaries describe the sources reviewed. Confirm current amendments, fees and the rules for your exact lot.

The WaterBound declaration is recorded in Cullman Miscellaneous Book 262, pages 278–282, December 2, 2009. The referenced subdivision map and handwritten plat reference still need confirmation against the offered parcel.

Is there an HOA, and what does it cost?

Confirm current terms

The document describes annual, special and individual assessments. Request the current annual amount, special-assessment notices and lot payment status.

WaterBound declaration · §28 · Miscellaneous Book 262, pp. 281–282 · PDF page 4

What neighborhood amenities are available?

Not verified

Current shared facilities and any ramp, dock or slip access included with the offered lot have not been verified.

WaterBound declaration · Current documents or property-specific confirmation not yet reviewed.

What size home can I build?

Document summary

The reviewed declaration specifies 2,000 heated/cooled square feet for lakefront lots and 1,600 for lake-view lots, excluding the listed nonliving spaces. A two-story residence separately needs at least 1,200 square feet on its main level. Confirm the offered lot's classification and current amendments.

WaterBound declaration · §4 · Miscellaneous Book 262, p. 279 · PDF page 2

What styles and plans need approval?

Document summary

Construction and clearing/landscaping plans require committee review under the declaration.

WaterBound declaration · §3 · Miscellaneous Book 262, pp. 278–279 · PDF page 1

Are manufactured or mobile homes allowed?

Document summary

The copy excludes mobile and modular homes. Confirm the classification of any proposed manufactured or other prefabricated construction under the complete current documents.

WaterBound declaration · §4 · Miscellaneous Book 262, p. 279 · PDF page 2

Can I keep or stay in an RV or camper?

Document summary

The declaration restricts motorhome, camper, trailer and listed equipment parking/storage to a committee-approved designated area, subject to its transport exception. Listed temporary structures are separately prohibited as residences. Confirm the proposed storage or overnight use under current documents.

WaterBound declaration · §6 · Miscellaneous Book 262, p. 279; §13 · p. 280 · PDF page 3

When must construction start?

Confirm current terms

No deadline to begin building after purchase is stated in the fully read 2009 declaration. Its 12-month/one-year provisions measure completion from the start of work. Confirm later amendments and lot-specific requirements.

WaterBound declaration · Complete 2009 declaration; §§8 and 19 · Miscellaneous Book 262, p. 280 · PDF page 3

When must construction finish?

Document summary

The declaration bars an unfinished building exterior beyond 12 months after construction begins. It also requires the house exterior, driveway and landscaping to finish on or before one year from commencement. Confirm current amendments and approval conditions.

WaterBound declaration · §§8 and 19 · Miscellaneous Book 262, p. 280 · PDF page 3

Can I rent through Airbnb or VRBO?

Confirm current terms

No minimum lease duration or express Airbnb/VRBO approval is stated in the fully read 2009 declaration. A reference to rental signs does not establish rental permission. Obtain current amendments and association rules for the property.

WaterBound declaration · Complete 2009 declaration; §9 · Miscellaneous Book 262, p. 280 · PDF page 3

What other rules should I know?

Document summary

Boathouses require committee and Alabama Power approval; the offered lot needs its own documented shoreline permissions.

WaterBound declaration · §§20 and 24 · Miscellaneous Book 262, pp. 280–281 · PDF page 4

All five supplied pages were reviewed, including the home-size, parking, construction-completion, assessment and annexation clauses. Current amendments, the exact plat reference, current association charges and individual shoreline permissions remain unverified. Historical utility prices and supplier provisions are not current service guarantees. Research checked 2026-10-31.

Building and ownership notes

The available document copies state:

• The copy distinguishes at least 2,000 heated/cooled square feet for lakefront lots and 1,600 for lake-view lots, excluding its listed nonliving spaces.

  WaterBound declaration · §4 · Miscellaneous Book 262, p. 279 · PDF page 2

• Construction and clearing/landscaping plans require Architectural Control Committee review.

  WaterBound declaration · §3 · Miscellaneous Book 262, pp. 278–279 · PDF page 1

• The copy excludes mobile and modular homes and does not permit the listed temporary structures to serve as residences.

  WaterBound declaration · §§4 and 6 · Miscellaneous Book 262, p. 279 · PDF page 2

• Boathouses require both committee and Alabama Power approval. The clause does not guarantee approval for a particular lot.

  WaterBound declaration · §§20 and 24 · Miscellaneous Book 262, pp. 280–281 · PDF page 4

• Annual, special and individual association assessments are described. Current amounts require association confirmation.

  WaterBound declaration · §28 · Miscellaneous Book 262, pp. 281–282 · PDF page 4

Recorded document trail

• Check the declaration, plat reference and subsequent instruments in the county recording search. The supplied copy’s citation has not been independently confirmed in the index.

  WaterBound declaration · Miscellaneous Book 262, pp. 278–282 · recorded December 2, 2009
  Cullman County probate record search · Miscellaneous Book 262, pp. 278–282 · recorded December 2, 2009

Questions for the exact property

• Is this lot classified as lakefront or lake-view under the governing plat and documents?
• What written boathouse or shoreline approvals accompany this parcel?
• Who maintains the road, and what current annual or special assessments apply?
• What current water, sewage/septic and utility arrangements serve the lot, including connection requirements?

Understand the map and the property

Community pins identify reference locations, not entrances or subdivision boundaries. A highlighted tax parcel is the selected listing’s map reference and may not include all land offered for sale. Nearby parcels are not assumed to be part of the community or listing. Confirm boundaries, access and rights with recorded documents and a survey.