Pricing
The Numbers
Independent residency in the Lakeside Building, Cove East or Cove West is established with a one-time entrance fee. Entrance fees contribute to capital improvements to the buildings and grounds, ensuring a well-maintained and sustainable community for years to come. In addition to access to all common areas, activities and amenities, the entrance fee affords access to the care continuum and up to sixty complimentary days in the skilled nursing and rehabilitation center. Entrance fees are set based on apartment size, vertical location, view, remodel status and number of occupants. If two people live in a residence, a second person entrance fee of five percent applies.
The Lakeside Building
- Studio (336 sq ft)
- Amortizing Entrance Fee Starting at: $195,000
- Monthly Service Fee Starting at: $2,795
- Deluxe Studio (432 sq ft)
- Amortizing Entrance Fee Starting at: $240,000
- Monthly Service Fee Starting at: $3,295
- One Bedroom (576 -768 sq ft)
- Amortizing Entrance Fee Starting at: $400,000
- Monthly Service Fee Starting at: $4,895
- Two Bedroom (1,008 and 1,364 sq ft)
- Amortizing Entrance Fee Starting at: $800,000
- Monthly Service Fee Starting at: $7,695
Second Person Monthly Service Fee: $1,500, Second Person Entrance Fee: + five (5) percent
Cove West
- One Bedroom (771 – 954 sq ft)
- Amortizing Entrance Fee Starting at: $275,000
- Monthly Service Fee Starting at: $5,195
- Two Bedroom (967 – 1,600 sq ft)
- Amortizing Entrance Fee Starting at: $725,000
- Monthly Service Fee Starting at: $6,595
Second Person Monthly Service Fee: $1,500, Second Person Entrance Fee: + five (5) percent
Cove East
- One Bedroom (689 – 961 sq ft)
- Amortizing Entrance Fee Starting at: $295,000
- Monthly Service Fee Starting at: $5,195
- One Bedroom + Den (1,074 sq ft)
- Amortizing Entrance Fee Starting at: $725,000
- Monthly Service Fee Starting at: $6,595
- 2 Bedroom, 2 Bath (1,087 – 1,414 sq ft)
- Amortizing Entrance Fee Starting at: $750,000
- Monthly Service Fee Starting at: $7,695
Second Person Monthly Service Fee: $1,500, Second Person Entrance Fee: + five (5) percent
During the first ninety days of residency, ten percent of the Entrance Fee becomes non-refundable. Entrance and Monthly Service Fees are effective March 20, 2024 and are subject to change.
A refundable Entrance Fee contract may be available upon request.
Commonly Asked Questions
Is the entrance fee refundable?
The Hearthstone offers both an amortizing (commonly referred to as non-refundable) and fifty percent refundable contract option to accommodate your current and future financial plans. During the first 90 days of residency, ten percent of the Entrance Fee becomes non-refundable.
What does the monthly fee cover?
Cable television, once daily/flexible meal plan, wi-fi, bi-weekly housekeeping, local and long distance landline telephone service, a full complement of social, educational and recreational programming and more are covered by the monthly service fee. A full list is available upon request.
Is the monthly fee subject to change?
Based on the cost of living, the cost of goods and services and the cost of labor, the monthly fee is subject to annual change and advance notice is provided.