Own Your Future

Prior to construction deadlines, a buyer can make personal design selections and choose from a variety of available standard or upgrade options for their home amenities. Share prices include standard home amenities, and upgrade options are at an additional cost. A housing specialist works closely with member-owners to help them personalize their home and make it their own.

Each member’s monthly fee covers a pro-rata share of the master mortgage, property taxes, required reserves, and other operating costs, such as insurance, utilities, maintenance, and the costs of employing a management company to oversee day-to-day operations. Cooperative members also benefit by sharing expenses through bulk-rate purchasing, as well as from the not-for-profit status.

A monthly fee at a cooperative differs from rental or association fees in that the fee provides benefits such as tax deductions and includes far more than a typical association fee. Interior and exterior maintenance and replacement of standard appliances and equipment within the home are included in cooperative fees. Like a single family home, condominium, or townhome, the monthly fee at a cooperative includes a portion of the master mortgage and property taxes, internet, TV service, and more.

Estoria Laketown homes are thoughtfully designed for comfort and convenience and include a 76-unit building, along with three duplexes featuring six private-access villas. Floor plans range from approximately 1,193 to 1,795 square feet, with options including one-bedroom, one-bedroom plus den, two-bedroom, two-bedroom plus den, and three-bedroom homes. Each home is designed for comfortable, single-level living with 9-foot ceilings, large energy-efficient windows, walk-in closets, ample storage, quality finish options, and advanced communication technology. The community also features secured building access, security cameras, locked package and food delivery rooms, temperature-controlled underground parking, a car wash bay, electric vehicle charging stations, and bike storage.