Residency at The Hearthstone campus in any of the independent living apartments at The Hearthstone’s main building, The Lakeside and The Cove involves a one-time entrance fee, which supports the ongoing operations of our nonprofit Continuing Care Retirement Community (CCRC). This comprehensive coverage allows you to simplify your life and plan your finances with greater certainty and peace of mind. Pricing is based on apartment size, location and the type of contract that best meets your financial goals.
The Lakeside Building Pricing
Second Person Fee will apply if applicable.
In addition to the entrance fee, a monthly fee covers expenses such as utilities, chef-prepared meals, housekeeping, maintenance and transportation services. The only difference between the monthly fees for The Cove and The Lakeside building is that Lakeside residency includes three meals daily and twice-monthly housekeeping, whereas The Cove residents receive one meal daily and weekly housekeeping.
The Cove Pricing
*Prices subject to change.
*Refundable entrance fee options also available.
The one-time entrance fee entitles residents to the exclusive right to occupy a select apartment and to use and enjoy all the common areas, programs and amenities The Hearthstone has to offer. It also assures residents of access to all levels of care at 10 percent off the market rate for assisted living and memory care services and up to 60 complimentary days in the Health Center, which offers skilled nursing and rehabilitation.
Another part of what makes The Hearthstone so special is the Resident Assistance Program. This is a fund built by resident-donors and friends and family members of residents who want to help out their neighbors and friends.
Should a Hearthstone resident ever outlive their financial resources through no fault of their own, they are eligible to apply for the Resident Assistance Program to supplement their income and allow them to remain at The Hearthstone.
Another advantage is that a portion of the entrance fee and monthly fee can be considered tax deductible. You can consult your personal financial planner for details.
We’re here to answer questions. Call (206) 517-2242 or fill out the web inquiry form to learn more or schedule a tour.
The Hearthstone offers both non-refundable and refundable contract options to accommodate your financial plan for the future. The non-refundable option offers an amortization schedule across the first four years of residency. Our sales team will be happy to explain each option in detail and offer sample contracts for your review.
The all-inclusive monthly fee provides for all utilities, cable TV, Wi-Fi, long-distance phone service, housekeeping, maintenance and repair services, three meals daily for The Lakeside Building residents, one meal daily for The Cove residents, full access to community amenities and programs, scheduled local transportation, 24-hour security and monitored emergency response.
The monthly fee is subject to change, as it is based on the actual costs for providing services, staffing, operations and other expenses. Historically, changes have been minimal and reflect regional cost-of-living increases. As a nonprofit organization, The Hearthstone is committed to serving our residents and to sound financial practices.