Villas at Ashlake
Chesterfield County, Virginia

82 single-level attached homes by Cornerstone Homes (an Epcon Communities franchise) clustered around a pond-front clubhouse with pool, fitness center, and community garden. HOA covers exterior home maintenance. Fully built out — resale only. Chesterfield County’s $0.91 tax rate.

82 HomesCornerstone/EpconSingle-Level QuadsHOA Covers ExteriorChesterfield CountyResale Only
82Total Homes
$0.91/$100Chesterfield Tax Rate
1,500–1,900Sq Ft Range
ResaleMarket Status

What Ashlake Is Built For

Villas at Ashlake uses the Epcon Communities design model: homes clustered in quads of four units around shared outdoor spaces, oriented toward a central amenity core. The result is a community where neighbors are genuinely proximate — not separated by long driveways and suburban lots — and where the outdoor spaces between clusters are maintained, landscaped, and usable. It’s a fundamentally different spatial experience than detached single-family 55+ communities.

Homes run 1,500 to 1,900+ square feet with two or three bedrooms, attached two-car garages, and private patios, sunrooms, or courtyards. The Epcon floor plan vocabulary features cathedral and tray ceilings, large kitchen islands, and owner’s suites designed for aging in place with accessible entries and bath configurations.

HOA Coverage: What’s Actually Included

Ashlake HOA Coverage (Verify Current Documents)

The exterior maintenance inclusion is meaningful. At resale price points typical for Ashlake homes, buyers who don’t have to budget separately for roof cycles, siding, and exterior painting are comparing a different all-in cost structure than communities where those line items stay with the owner.

Established Community: The Reserve Fund Advantage

Ashlake is fully built out and has been operating long enough to have accumulated meaningful HOA reserves. This is a genuine advantage over newer communities like Lake Margaret (2023) or Hickory Grove (2025), where reserve funds are still in early accumulation. An established community with documented reserve history gives buyers more financial transparency than a projection.

Request the most recent reserve fund study, current balance, and two years of financial statements as part of your due diligence — but the starting position is more favorable than buying into a community in its first two years.

Location in Southwest Chesterfield

Ashlake Parkway in Chesterfield County sits in the southwest corridor, relatively close to Midlothian and accessible via Hull Street Road and Route 288. The Chesterfield hospital corridor (Bon Secours St. Francis, Johnston-Willis) is within 20–25 minutes. Midlothian’s commercial strip provides daily conveniences within 10 minutes.

Cost CategoryAnnual Est.10-Year Total
Chesterfield property tax ($0.91/$100, ~$350K resale)~$3,185~$31,850
HOA (ext. maint. incl., est. — confirm current)~$3,000–$4,200~$30,000–$42,000
Interior maintenance (owner)~$800~$8,000
Homeowner’s insurance (est.)~$1,400~$14,000
Chesterfield senior tax relief applies. Qualifying residents 65 and older can reduce the annual tax line meaningfully through Chesterfield County’s real estate exemption program. At typical Ashlake resale prices, this program’s income and net worth thresholds are often met. Contact Chesterfield County Real Estate Assessments before closing.

Ashlake vs. Villas at Virginia Center vs. Swift Creek: Attached 55+ Options Compared

Three attached-home 55+ communities in the Richmond market with different sizes, ages, and HOA structures. We can model the real cost difference for your situation.

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