Question is: Do you own "Full Legal Rights" to the pond, or is this a community pond? As is such in these developments.

You mentioned slope, and children could be hurt.

Who is footing the bill for the LIABILITY Insurance in this close knit development?

I lived in one, and am glad I don't.

My opinion, if you want a pond. Is to plan a move where you could actually have one.

I tried out a new Fly Rod ONCE, on the water and was quickly booted off the water by the resident gestapo. They provide the scape's, you provide them with money. NO FISHING!

BTW: Before you make a decision to move, and while thinking about it, toss in a couple of GSF's under cover of night.