Greenville's premier continuing care retirement community — 53 acres, gated, adjacent to Verdae Golf Club and minutes from downtown. Six-time national award winner from Argentum. Active adult through memory care on a single campus.
Cascades Verdae sits on 53 acres in south Greenville — one mile of frontage along the Reedy River, adjacent to The Preserve at Verdae Golf Club, and gated on all sides. It is the only community in the Upstate SC 55+ market that offers a full continuum of care: active adult living, independent living with light support ("independent+"), assisted living, memory care, and skilled nursing — all on a single campus. That breadth is its defining distinction from every other community in this guide.
The community operates on a CCRC model — continuing care retirement community — which differs meaningfully from a standard HOA community. Buyers pay an entrance fee (one-time, ranging from 0% to 90% refundable depending on the contract type selected) plus a monthly fee that covers a defined set of services. This structure provides significant protection: if your care needs change after moving in, you remain on campus with predictable pricing rather than selling your home and searching for a different facility.
Cascades Verdae has won Argentum's Best of the Best national award six times — the largest senior living association in the US — recognized for resident-centered care, social programming, and wellness innovation. This is not a marketing claim; it's a peer-evaluated credential.
Independent living for fully active 55+ residents. Cottage homes and villa apartments. Full community amenities access.
Transition program — independent living with light support as needs evolve. No move required.
On-site assisted living. Fixed monthly pricing — no surprise charges for additional care. Same campus.
Secure memory care for residents with dementia or Alzheimer's. On-site, no transfer to another facility.
Short-term rehabilitation and long-term skilled nursing. Licensed on-site.
Most 55+ communities in this guide are standard HOA communities — you own the home, pay HOA fees, and if your care needs change, you sell the home and move elsewhere. Cascades Verdae is different: the entrance fee buys a contractual right to care at all levels for as long as you need it on the same campus. For couples where one partner's health trajectory is uncertain, or for buyers who want to make one housing decision that lasts the rest of their lives, this is a fundamentally different value proposition. The entrance fee is not rent — depending on the contract type, 0–90% is refundable to your estate.
Cascades Verdae pricing is not published in a standard HOA fee format. The cost structure has two components: a one-time entrance fee and a monthly service fee.
Entrance fee: Cottage homes start in the high $400s; villa apartments from the mid-$100s. The entrance fee is not a mortgage — it's a contractual payment that buys your right of residency and care access. Refundability ranges from 0% (lower entrance fee, higher monthly) to 90% refundable (higher entrance fee, lower monthly, estate gets most of it back). Most buyers choose a middle option. This requires careful financial planning — contact a fee-for-service financial planner who specializes in CCRC contracts before committing.
Monthly service fee: Covers housing, amenities, dining (typically one or more meals/day), housekeeping, transportation, programming, and maintenance. For care above your contracted level, pricing is fixed — no surprise charges. The predictability is the point.
Property tax: As a CCRC, tax treatment differs from standard ownership. Confirm property tax obligations directly with Cascades Verdae — the structure may differ from a standard 55+ homeowner situation.
Before signing a CCRC contract: (1) Have a fee-for-service elder law attorney review the residency agreement — these are complex contracts with significant financial implications. (2) Request the community's audited financial statements for the last 3 years — CCRCs can face financial stress; you want to know the community is solvent. (3) Understand exactly what happens to your entrance fee if you leave voluntarily, if the community changes ownership, or if you pass away in year 1 vs. year 10. (4) Confirm the refund schedule and under what circumstances refunds are reduced or forfeited. This is not standard HOA paperwork — it requires professional review.
Get help understanding CCRC contract structures, comparing Cascades Verdae to standard active adult communities, and determining which model fits your situation.
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