Lakeside at Waterman Village Retirement Community
Lakeside is Waterman Village’s second retirement community. Lakeside opened in 2022 and is located directly across the street from The Oaks at Waterman Village.
Lakeside and The Oaks are connected by a golf cart/pedestrian bridge over Donnelly Street. Lakeside offers independent living apartments AND duplex homes, whereas The Oaks offers duplex homes only.
Lakeside residents pay a monthly service fee and an initial ‘buy-in’ fee, which we call a ‘life-lease’ fee. This type of fee is common for retirement communities that have independent living residences, an assisted living facility, a memory care facility, and a nursing care facility all on one campus. The life-lease fee has 75-85% refundable provisions, LIFETIME. This is very unique for a community like Waterman Village, in the Southeast U.S.
When looking for a community like Waterman Village that has all levels of living on one campus, for over 90% of people, it’s a much better financial decision to choose a plan like Lakeside’s, where residents receive the bulk of their initial fee money that they paid upon entering the community, back, rather than to moving to a community where they’d receive no or little refund back after having lived in the community for 3, 4 or 5 years. Why? Most communities that keep all or most initial entry fee monies paid, often do this by promising to offer its residents a discounted rate in the community’s nursing home if needed. However, statistics show that less than 7% residents who first start out in a retirement community’s independent living area, will ever need to transfer to the community’s nursing home area on a long-term basis. So, for the vast majority of people, over 90%, it’s not a wise financial decision to give up all or most initial entry fee monies paid
For those who do require a community’s on campus nursing home, typically require it on a short-term basis, and short-term stays are typically already covered by their individual health insurance plan.
Another large but often forgotten disadvantage of paying an entry fee to a community, where most or all of the initial money paid is not refunded back after living there 3, 4, or 5 years, is if a resident decides they want or need to move out. Knowing they would not receive most or any money back of their original entry fee paid, can have a variety of negative personal, familial and financial consequences.\
Lakeside offers three dining venues, large screened in lanais in all residences, EV charging stations, a staffed gatehouse 24/7, complimentary covered parking, and priority access to all the living and service areas Waterman Village has to offer. Residents can walk or golf cart to dental and doctor offices, as well as a physical therapy clinic.
One reason people choose to move to Waterman Village after researching communities across Florida, is due to our robust independent living activity and wellness calendars. Many of our visitors tell us they are the best that they’ve come across.
Waterman Village is located in Florida’s TOP RANKED and number four in the nation small town to retire to per USA TODAY. You’ll be excited and proud to take your guests and visitors to downtown Mount Dora. And, we are located away from the coast, avoiding a direct hurricane hit and the constant worry of having to evacuate for several months out of the year.
Since most residence types have waiting lists, we strongly encourage people to plan ahead by joining our ‘In-The-Wings’ club. So, before choosing a retirement, progressive living, multi-level, continuing care, life-care, or life plan community for yourself or loved one, fully compare Waterman Village. If you’re like most, you’ll be very glad that you did.
As research studies show, people who live at Waterman Village are happier overall than those who remain in their own homes outside of Waterman Village. And the fact is, moving to Waterman Village while one is STILL independent and active, truly IS the best plan one can make to remain that way as long as possible throughout life.
Our Independent Living Information Team, Coleen, Cheryl, Alondra, Abe, and Jeff, have over 70 years of combined experienced in the Retirement/Senior Living field.
When you inquire or visit, you’ll enjoy a calm, friendly, NO pressure environment. We frequently hear from visitors to Waterman Village express to us about the high/uncomfortable level of pressure they experienced when visiting other retirement communities. They always say how refreshing it is to work with Waterman Village.
The Waterman Village information center is open Monday – Friday from 8:00 am – 4:30 pm and evenings and weekends by appointment. Our Waterman Village independent living information center specialists are Cheryl, Abe, Alondra, and Coleen. They are all eager to help you and share with you more information about the Waterman Village mission and ministry since 1989.
Address link ( Google Maps ): 150 Waterman Avenue, Mount Dora
Phone: (352) 385-1120
Email: info@watermanvillage.com
If you’d like, we can send you a SKYPE link so we can video conference each other. It’s very easy and there is nothing you need to download.
Click Here to watch some video clips of the Lakeside campus
Click Here for a link to Lakeside’s floor plans.
Click Here to learn about what makes Waterman Village unique over other retirement communities in the U.S.
Click Here for a link to our Waterman Village ‘Living Your Best Life’ magazine
Click Here for a link to some Lakeside aerial and Life-Style center photos and a video
Click Here to see a sample of monthly activity calendars.
Click Here for a local medical directory list near Waterman Village.
Click Here for a sample list of some of our regularly scheduled activities.
Click Here to learn why some of our residents chose Waterman Village
Click Here to learn why it’s best to move to a full-service/progressive living community while STILL independent and active.
Click Here to read about why Mount Dora, FL, is one of America’s ‘Best Small Towns’.
Click Here to learn about Waterman Village’s ‘Not-for-Profit difference’.
Click Here to view and use our retirement community comparison checklist
