I’ve lived in Cardrona Village for six years so here is a quick summary pros/cons:
Pros
* great biking nearby + it has the pump track
* beautiful scenery
* nice and quiet, great place to raise a family + has playground for kids
* has a village shop for buying essentials
Cons
* Broadband is average 0.7meg/mobilephone coverage isn’t great
* 6 mile round trip to Peebles
* Some streets you never get to see the residents and there is a bit off an elitist attitude at times
* daily commute to Edinburgh can be a pain, however park at Straiton and commute the rest on your bike.
Re flooding, yes the golf course floods every year but I never felt that my house has been at risk. Bus is every 30mins, kids have school buses they catch every day.
I’m happy living there but if you have a choice, go for Peebles instead.