I would include it in your search, just don't be surprised if you don't get it.
Tombo - there is one HOA, owner controlled. Escapes owns a somewhat large percentage of the inventory, and may have their own HOA of sorts, but any decision they make would have to come before the resort HOA before being implemented, because they own a minority interest.
And yes, it was rebuilt from the ground up - Opal took out everything except one wall. It took so long to rebuild because the original HOA allegedly allowed the original developer to take the insurance proceeds and run, and other shenanigans. Now that the current HOA has taken over, it's not likely to allow any developer to have significant control, as is the case with many resorts, even after they are considered sold out.