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90% Refundable Entrance Deposit at Greenspring

The 90% Refundable Entrance Deposit is one of two senior living costs associated with our Springfield retirement community. (accurate as of January 1, 2020)

Explaining the Refundable Entrance Deposit

You secure your independent living apartment home at Greenspring with this one-time, 90% refundable deposit. Unless you choose to move to a different apartment home on campus once you’re already a resident, you will never be asked to put more money down.

How the Refund Process Works

  • If you ever decide to leave Greenspring, 90% of your deposit will be returned to you.
  • If you spend the rest of your life here, 90% will be returned to your heirs.
  • Should your health needs ever change while you’re living here, you can access your deposit to cover qualified maintenance and continuing care expenses.

Please reference our Residence and Care Agreement for all pertinent refund terms, conditions, and additional information regarding the 90% Refundable Entrance Deposit.

Refundable Entrance Deposit Pricing

Prices accurate as of January 1, 2020. A wide variety of floor plans are available with specific pricing determined by size, style, special features, location, and views.

Apartment Home TypeEntrance Deposit Range


$160,000 – $198,000

One bedroom

$238,000 – $382,000

One bedroom with den

$344,000 – $403,000

Two bedroom, one bath

$355,000 – $479,000

Two bedroom, one and a half bath

$421,000 – $504,000

Two bedroom, two bath

$446,000 – $683,000

Two bedroom, two bath with den

$662,000 – $948,000

See everything that’s included in your predictable monthly service package.

When you sit down and work out the cost of maintenance, repairs, and everything that’s included here, it is a very good value.
Joseph S.