Finally ... the monthly HOA fees as of Feb. 2012 at the "V" Las Vegas = $877 for HOA 1, HOA 2, MP fee & Taxes (est. @ $2,000 +/- year) ... what do you get? A community pool, gym, landscaping, water/sewer and a gate! No security. No golf access (2 of the 3 courses have been closed down). No Lake access (you have to pay extra for that). No trash pickup (trash is an additional $109 every 2 months). And they refuse to give potential buyers a copy of the financial report and assessment of HOAs expenses and budget until AFTER you have purchased. Maybe that's legal but it sounds shady to me. They currently have @ 50 occupants and should the budget fall short again come September 2012, the home owners will experience a further rise in HOA fees. Homes once upwards of $700,000 are now available for as low as @ $150,000. So if you have the cash to purchase and pay off the Sid/Lid and don't care paying $877 just for the privilege of sharing a pool and a gym and a big front gate; (not forgetting additional to your own cable, utilities etc on top of that). Then Go for it! The people up their with their 2 or 3 HOA fees are in La-La Land!
There are other great communities in Henderson and west of Vegas also with these basic amenities for a quarter of the cost!