We live in a golf/swim/tennis subdivision with all the stuff...clubhouse, playground, etc.
1. We built in this neighborhood prior to having children and mainly purchased here b/c we thought we'd move on pretty quickly and thought the neighborhood would have good resale values. I would love to live in an urban area but our city isn't that big and there is no urban living.
2. Our lot is on a cul-de-sac (which we adore) and is probably about 1/3 of an acre. The yard is a really nice size and we've done a lot of work on it. We built the house when it was just the two of us and a small dog. Now we have 3 growing children and a big dog! We are totally bursting at the seems! We have 4 bedrooms and 3 full baths in 2250sqft so it's a nice size but all the bedrooms and the kitchen are cramped.
3. Definitely NOT our forever home. As a matter of fact, we are in the process of fixing things up to put it on the market. We were right about one thing...resale in our neighborhood is great! Our house has appreciated by about 75% since we bought it 8 1/2 years ago!!! Wow! We are planning to build in another neighborhood that has just been started. It will be smaller than this neighborhood without the golf/swim, etc, but our lot will be over an acre. We'll still be on a cul-de-sac and we already know most of the people who will be our neighbors.
4. Pros: It is wonderful being in a neighborhood with lots of other young families. Halloween night is like it is in the movies! Fun! We also really enjoy having access to the pool but don't use the golf course, clubhouse, tennis, or playground very much. I love having a large backyard. Our street is filled with kids the same ages as my children.
Cons: I hate that we have to drive everywhere we go. There aren't even sidewalks for us to walk to the pool! There is little to no public transportation in our city and it certainly doesn't come out this far. Being the tree hugger that I am, it makes me feel really guilty the amount of gas I use running errands and taking the kids to school. I wish we lived in an area where errands were a walking thing and we could take public transportation to parks, museums, and work.