Please show me a subdivision without an HOA that have homes north of $300k and have at least 1 home with junk cars and RVs in the yard.Or you'd like to protect your investment.
How's resale of your 350k+ house when the neighbor has a bunch of junk cars on blocks in his driveway, old RV next to his house, and an unkept lawn?
Keep in mind, you're on a lot less than 0.25ac...
I'll GLADY take an HOA in that situation. You don't have enough land to shoot on your property, likely have a lot of common area green space needing maintained, retention ponds, community pool, basketball and tennis courts...