As an original and current resident in Riverwalk, let me set the record straight.
There was an issue earlier this past fall with a few wells having trace amounts of herbicide. It was an isolated incident, with only a few wells having issues out of a total of 260 homes. Even though I live a few areas over, my well was tested and found to be fine. No issue.
As for taxes, parts of riverwalk, mine, are in Mchenry county, where the real estate taxes are some of the lowest . Assessments have been fair and reasonable. Our schools are Wauconda district 118, go to greatschools.com, they rate 9's and 10's. I don't think 2 small towns island lake and wauconda are so many areas. The schools are not overcrowded by far and they are wonderful schools.
Let me clarify the HOA, it is $600/yr and it covers the nice water /stream / pond system we have in Riverwalk. It is a very unique system that appeals to many people and gives a different look to the neighborhood as opposed to fences or wide open yards butting up against each other. We live in phase 1 and 2 and we have maybe 1 empty house in our section and it is well taken care of and there is no vandalism. And believe me, we are a close knit group and there is NO vandalization occurring. There is no crime to speak of.
As for parks, there is one right at the end of Willow , back part of Riverwalk Phase1 and 2, that has a football field, baseball diamond and kids play area...very nice indeed for kite flying, and a host of other activities within a quick stroll.
Yes, there is commercial development under review by the planning commission and it may include a gas station on the corner for darrell and roberts, but that is a good thing! With the EPA rules as tight as they are these days, you cant fill your lawnmower with gas without fear of spliing and getting in trouble..the EPA is not going to let anything harmful or dangerous into this area. It will bring extra tax revenue to the village as well.
The builder, Lakeland homes, did an outstanding job on these homes, quality is high, floorplans are open and practical, lot sizes are generous and infrastructure supports expansion.
As for why are there are so many homes for sale, 21 out of 260, thats not even 10% and many folks are original owners in phases 1 and 2. After 10 years they might be wanting to take some gains from the increase in property values and move on. Pretty typical in any area and I challenge anyone to show me an area with less than 10% turnover.
Overall, its great neighborhood, excellent community and a great place to live and raise a family.
I encourage anyone interested in homes in this area to stop and knock on a few doors in phase 1 and 2 that would be the section of riverwalk, garrison and manchester and ask "what do you think about living here" My feeling is that someone has had a bad experience with Riverwalk and holds a grudge. Trust me in this area Riverwalk and port barrington is one of the most desireable places to live. We have no SSA taxes or other issues. Come see for yourself!!!!!!!!