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Independent Living FAQ
You have questions, StoneBridge has answers

Independent Living, also called a Senior Living or a Retirement Community, is for those people who are able to live on their own but who no longer wish to maintain a home.

While Mercy Health is a partner at StoneBridge, people of all faiths are welcome here.

We’ll need some time (usually about 4-6 weeks…However, you have up to 90 days to move in if you find that you need a little extra time to plan).

The age requirement to live at StoneBridge is 55 years or older. Anyone under 55 such as spouses/partners, adult children or legal dependents such as custodial grandchildren are always welcome to visit and enjoy short stays but are not permitted to permanently reside at StoneBridge.

There is an Entrance Fee that is up to 100% refundable, a minimal security deposit, and a Monthly Service Fee.  The amount of the Entrance Fee is based on the floor plan selected and is paid with the security deposit at the time of move in.  The Monthly Service Fee includes amenities such as routine and emergency maintenance, ADT security with Emergency Alert System, property taxes, water, sewer and trash, lawn care and landscape maintenance, snow removal, campus activities, use of the clubhouse and multi-purpose room, religious services, semi-annual window glass cleaning and outside power washing, transportation, membership to the Mercy HealthPlex in Fairfield, and much more. StoneBridge offers a full complement of services and amenities at the most reasonable entrance fees and monthly service fees in the area.

You do not “own” your cottage. The locally owned property is managed by managed by Bon Secour Mercy Health. Instead, you get a key benefit of home ownership – the ability to customize your home to your specifications, with approval – without the headaches and worries of home ownership such as costly repairs, lawn maintenance, and snow removal, leaving you more time to do the things you love!

No, at least not with a mortgage or secured loan as the cottage is not able to be used as collateral. Most residents use the proceeds from the sale of their previous home or personal savings to pay the Entrance Fee.

With StoneBridge’s accelerated Entrance Fee refund policy, you will receive a full refund of your Entrance Fee as soon as your cottage is reoccupied. If your cottage is not occupied by a new resident within twenty-four months you will receive 50% of the refundable portion of the Entrance Fee 12 months after your move out and the remaining 50% 24 months after your move out. No other senior living community offers a comparable policy.

Your Entrance Fee is returned to your estate or the beneficiary of your designation.

Our flexible pricing plans provide two options. First is a lower Monthly Service Fee for the duration of residence at StoneBridge in exchange for a 75% return of the Entrance Fee. The second is a higher Monthly Service Fee with the option to receive 100% return of the Entrance Fee. You can choose the plan that makes sense for you based on your individual finances and the estimated time you will be residing at StoneBridge.

Independent Living FAQ
You have questions, StoneBridge has answers
a large lawn in front of a house

Independent Living, also called a Senior Living or a Retirement Community, is for those people who are able to live on their own but who no longer wish to maintain a home.

While Mercy Health is a partner at StoneBridge, people of all faiths are welcome here.

We’ll need some time (usually about 4-6 weeks…However, you have up to 90 days to move in if you find that you need a little extra time to plan).

The age requirement to live at StoneBridge is 55 years or older. Anyone under 55 such as spouses/partners, adult children or legal dependents such as custodial grandchildren are always welcome to visit and enjoy short stays but are not permitted to permanently reside at StoneBridge.

There is an Entrance Fee that is up to 100% refundable, a minimal security deposit, and a Monthly Service Fee.  The amount of the Entrance Fee is based on the floor plan selected and is paid with the security deposit at the time of move in.  The Monthly Service Fee includes amenities such as routine and emergency maintenance, ADT security with Emergency Alert System, property taxes, water, sewer and trash, lawn care and landscape maintenance, snow removal, campus activities, use of the clubhouse and multi-purpose room, religious services, semi-annual window glass cleaning and outside power washing, transportation, membership to the Mercy HealthPlex in Fairfield, and much more. StoneBridge offers a full complement of services and amenities at the most reasonable entrance fees and monthly service fees in the area.

You do not “own” your cottage. The locally owned property is managed by managed by Bon Secour Mercy Health. Instead, you get a key benefit of home ownership – the ability to customize your home to your specifications, with approval – without the headaches and worries of home ownership such as costly repairs, lawn maintenance, and snow removal, leaving you more time to do the things you love!

No, at least not with a mortgage or secured loan as the cottage is not able to be used as collateral. Most residents use the proceeds from the sale of their previous home or personal savings to pay the Entrance Fee.

With StoneBridge’s accelerated Entrance Fee refund policy, you will receive a full refund of your Entrance Fee as soon as your cottage is reoccupied. If your cottage is not occupied by a new resident within twenty-four months you will receive 50% of the refundable portion of the Entrance Fee 12 months after your move out and the remaining 50% 24 months after your move out. No other senior living community offers a comparable policy.

Your Entrance Fee is returned to your estate or the beneficiary of your designation.

Our flexible pricing plans provide two options. First is a lower Monthly Service Fee for the duration of residence at StoneBridge in exchange for a 75% return of the Entrance Fee. The second is a higher Monthly Service Fee with the option to receive 100% return of the Entrance Fee. You can choose the plan that makes sense for you based on your individual finances and the estimated time you will be residing at StoneBridge.

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