As a CCRC, The Hearthstone offers independent living, plus a combination of support options within one location: assisted living, memory care, skilled nursing and medical rehabilitation. The Hearthstone is operated as a nonprofit organization, which delivers both financial and security advantages. For those who like to plan for the future without having to manage the day-to-day tasks that come with home ownership, The Hearthstone may be just the place to realize your ideal retirement and live life to the fullest.
As a nonprofit, The Hearthstone uses its one-time entrance fees and ongoing monthly fees to support the operation and reinvest in programs, amenities and improvements that enrich the lifestyle of residents. No individuals or entities benefit from a successful operation; rather, the residents and future residents are the sole beneficiaries of this self-sustainable community.
There are other CCRCs (also referred to as Life Plan Communities) in the Seattle area, but The Hearthstone is the only one in the Green Lake neighborhood, literally across the street from Green Lake Park. Our location affords amazing views and access to all that’s offered in what we like to call “Nature’s Neighborhood.” Green Lake is renowned for its extraordinary walkability, amenities and proximity to downtown Seattle.
As with many nonprofit Continuing Care Retirement Communities, residents of The Hearthstone pay a one-time entrance fee and a monthly fee, which both vary by size and location of apartment and number of occupants. Once a resident, you basically have one check to cover all your regular living expenses— convenient and easy for financial planning.
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 (assisted living, memory care, skilled nursing and rehabilitation) at 10% off the market rate, plus up to 60 complimentary days in the Health Center. Perhaps most importantly, should our residents ever outlive their assets through no fault of their own, they are eligible to apply for the Resident’s Assistance plan 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 should consult your personal financial planner for details.
The monthly fee provides for all utilities, cable TV, Wi-Fi, long-distance phone service, twice-monthly housekeeping, chef-prepared meals, maintenance services, full access to community amenities and programs, scheduled local transportation, 24-hour security and monitored emergency response.
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 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.
As a resident of independent or assisted living, each person earns up to 60 complimentary days that can be applied toward a stay in the Health Center (our skilled nursing facility). These days can be used as needed for short-term rehabilitation not covered by Medicare.
Yes, The Hearthstone offers a variety of flooring choices and wall and paint colors to reflect your preferences. Additional customization is also an option for residents. Let our professional Move-In Coordinator assist you in creating a residence that reflects your personal style.
Yes, you are welcome to put your personal touches on your new home. Structural or physical changes or renovations must first be approved by management and are the financial responsibility of the resident. Custom renovations will remain the property of The Hearthstone.
The Hearthstone’s Lakeside building focuses on the social community of our residents, providing activities and trips, restaurant-style dining and amenities such as our garden and woodshop. The Lakeside building additionally houses all of our health services, including assisted living and memory care residences, plus skilled nursing suites for those with temporary or ongoing complex care needs.
The Cove at Hearthstone is a smaller complex adjacent to the Lakeside building that offers more private, independent living in the heart of the Green Lake neighborhood. Care services are provided on The Hearthstone campus for The Cove residents should the need arise.
Right now! The best time to begin planning for a secure future is the present. Plus, there are exciting updates underway to create an even more desirable living environment.
If you are considering a move, contact our sales department for a private showing of currently available apartments. Then, when you are ready to take the next step, simply fill out a residency application and return it with a 100% refundable $1,000 fee. Upon approval of your application, a deposit of 10% of the base entrance fee for your selected apartment is required to retain the apartment and schedule your move-in date.