Floor Plans
Independent Living Cottages Features
We offer a variety of cottage floor plan options, with two-bedrooms and 900 – 1,200 sq. ft. of living space. The cottages feature single-floor living and are designed to enable residents to live life to its fullest while aging in place.
- Quality construction
- Insulated outer doors and double pane windows
- Full hardwood cabinetry and all major appliances in kitchen
- Solid-surface countertops
- Flooring options such as carpet, vinyl, hardwood and tile
- Generous closet space
- Large bathrooms with walk-in showers and safety features
- Washer and dryer
- Heat and central air conditioning
- Some cottage plans featuring enclosed patios
- Multiple cable television and telephone jacks
- Emergency call system
- Fire alert system
- Individual parking spaces
- Attached garages available in some models
Affordability Already Built In
Residents pay a one-time upfront fee as well as an inclusive monthly fee. There is no second-person fee for the cottages, so a couple can reside here as inexpensively as one! The monthly fee includes:
- Access to community center events and services
- Recreational programs and activities
- 24-hour emergency response
- Health and wellness program
- Fitness room
- Scheduled transportation for local shopping and medical appointments
- Community patrolled security
- Building and grounds maintenance
- Scheduled cottage refurbishment
- Appliance and systems repairs
- Property taxes
- Insurance on cottage (does not cover personal belongings; for this, renter’s insurance is needed)
- Water and sewer charges
- Trash / recycling collection
- Basic cable television
- Snow removal
Floor Plans
Architect’s floor plans are approximate and not to scale. Some units feature sunrooms in lieu of a patio,
which provides additional living space not accounted for in the total square footage listed.
Retirement Living Rates
Cottages
Minimum Option
Entrance Fee
Monthly Fee
75% Refundable
Entrance Fee
Monthly Fee
Declining Balance
Entrance Fee
Monthly Fee
Azalea
$50,000
$2,500
$233,000
$1,750
$209,000
$1,200
Lilac
$50,000
$2,700
$260,000
$1,800
$234,000
$1,200
Laurel
$50,000
$2,700
$260,000
$1,800
$234,000
$1,200
Minimum Option
Entrance Fee
Monthly Fee
75% Refundable
Entrance Fee
Monthly Fee
Declining Balance
Entrance Fee
Monthly Fee
Magnolia
$50,000
$2,200
$190,000
$1,650
$171,000
$1,200
Cypress
$40,000
$2,150
$170,000
$1,650
$153,000
$1,200
Buttonwood
$40,000
$1,950
$140,000
$1,550
$126,000
$1,200
This pricing model allows residents to choose their desired Entrance Fee and the related Monthly Fee if financially eligible. The minimum age is 67. Applicants under the age of 67 can inquire about special considerations. Monthly fees are not fixed rates and will increase from time to time.
Amortization of Entrance Fees
Minimum
In the event Resident selects the Minimum Option, the Entrance Fee is a non-refundable deposit payable to Resident Community.
75% Refundable
Twenty-five percent of the Entrance Fee shall immediately become non-refundable on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entrance Fee shall remain fully refundable, without interest, upon the termination of the Agreement for any reason. The Refund shall be paid in accordance with the terms of this Agreement.
Limited Refund
of Declining Balance
Five percent of the Entrance Fee refund shall immediately become non-refundable on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entrance Fee refund shall decline and be earned by the Retirement Community at the rate of 24% for the first year, 24% for the second year, 18% for the third year, 18% for the fourth year and 11% for the fifth year pro-rated monthly during a period of five years from the Designated Occupancy Date or occupancy, whichever is earlier. At the conclusion of the five-year period, the Entrance Fee shall be earned in full by the Retirement Community.
