The Shores at Marina Bay HOA covers one of the larger condo communities on Richmond’s waterfront, a gated, resort-style development built in the early 1990s. Buying here means planning for the monthly HOA dues, and on some homes a one-time Richmond Redevelopment Agency fee that comes due when the property sells. Neither is a barrier, and the condos finance normally.
What The Shores at Marina Bay Is
The Shores at Marina Bay is a gated condominium community along Richmond’s Inner Harbor waterfront, part of the larger Marina Bay neighborhood that developers began building on former shipyard land around 1980. The Shores itself dates to the early 1990s and is one of the larger associations in the area, made up mostly of one- and two-bedroom condos with lagoon and bay views.
Reported amenities at The Shores at Marina Bay include:
- Gated, secure entry and assigned parking
- Heated pools and hot tubs
- A fitness center and a community clubhouse
- Tennis and pickleball courts
- EV charging and waterfront grounds along the Bay Trail
Amenities and community details change over time, so confirm the current list with the HOA or the listing agent when you find a unit.
What the Shores at Marina Bay HOA Fees Cover
Owning a condo here comes with the association’s monthly dues, and, on some homes, a separate one-time fee when the property sells.
| Cost | What it is | When it applies |
|---|---|---|
| HOA dues | The association's monthly fee | Ongoing, while you own the home |
| Richmond Redevelopment Agency fee | A one-time fee of 1.5% of the sale price, on homes subject to it | At sale, collected through escrow |
The HOA dues at The Shores typically cover water, trash, building insurance, and the shared amenities and grounds. Separately, some Marina Bay homes are subject to the Richmond Redevelopment Agency fee, a one-time charge of 1.5% of the sale price that comes due when the property sells. Not every home is subject to it, so ask your agent to confirm for a specific unit. Dues amounts vary by unit and change over time, so get the current figure from the listing or the HOA before you make an offer.
Financing a Condo at The Shores
The HOA dues count toward your debt-to-income ratio, alongside property taxes and insurance, so they affect how much you qualify for. The Richmond Redevelopment Agency fee, where it applies, does not affect your standard financing options, though some lenders carry overlays that limit their ability to lend on a home tied to the program, so check with your lender upfront.
At JVM Lending, we lend on Shores condos, and we have stepped in at the eleventh hour on deals in Marina Bay and other Richmond Community Redevelopment areas after another lender could not finish the job. Our Marina Bay financing guide covers the lender side in more detail.
How to Check the HOA and Fees Before You Buy
Before you write an offer on a unit at The Shores, confirm a few things:
- Ask for the current HOA dues and exactly what they include.
- Request the HOA’s budget, reserve study, and insurance certificate.
- Ask your agent whether the specific unit is subject to the Richmond Redevelopment Agency fee.
- Work with a lender who has closed in Marina Bay and knows how the fee is handled.
Getting these up front turns the fees and financing into known numbers instead of surprises later.
Frequently Asked Questions
What do The Shores at Marina Bay HOA fees cover?
The HOA dues typically cover water, trash, building insurance, common areas, and the community amenities such as the pools, fitness center, and clubhouse. Dues amounts vary by unit, so confirm the current figure with the HOA or listing.
Does The Shores at Marina Bay have the Richmond Redevelopment Agency fee?
Some Marina Bay homes are subject to the Richmond Redevelopment Agency fee, a one-time charge of 1.5% of the sale price due at closing, but not every home is. Ask your agent to confirm for a specific unit.
Can you finance a condo in The Shores at Marina Bay?
Yes. Shores condos finance normally. The Richmond Redevelopment Agency fee, where it applies, does not affect your standard financing options, though some lenders carry overlays. JVM Lending is able to lend on these homes. See our guide to living in Marina Bay for more on the neighborhood.
What amenities does The Shores at Marina Bay have?
Reported amenities include gated entry, heated pools and hot tubs, a fitness center, a clubhouse, tennis and pickleball courts, EV charging, and waterfront grounds. Confirm the current list with the HOA or listing agent.
The Bottom Line on The Shores at Marina Bay
The Shores gives buyers a gated, waterfront condo with resort-style amenities. The costs to pin down early are the monthly HOA dues and, on some homes, the one-time Richmond Redevelopment Agency fee at sale. Confirm both, and a condo here finances like any other.
Eyeing a condo at The Shores at Marina Bay? Reach out to JVM Lending to get pre-approved and see the full monthly picture. We know the Richmond Redevelopment Agency fee and have closed deals other lenders could not.
Sources
- The Shores at Marina Bay community character and amenities, public real estate listings (Redfin, Apartments.com) as of 2026
- Marina Bay neighborhood history (former shipyard site, master-planned development), City of Richmond and local neighborhood guides
- City of Richmond purchase agreement addendum (Contra Costa Association of REALTORS): Richmond Redevelopment Agency Fee, 1.5% of the gross sale price at close of escrow
