Start planning your retirement now

Our commitment to The Summit residents in Lynchburg, VA, starts during the search process. That’s why we share our Fee Schedule with you upfront. As a fee-for-service organization, you only pay for what you need when you need it.

Cost is an important part of your decision for senior living — and so is the culture of the community you choose. At The Summit, we want to set the expectation for how we will work with you and your family.

We are a community of real people who care about real people. We encourage feedback, because without it we can’t do the best job for residents and their families. If you have any questions, please feel free to call us at 434-333-2138.

Entrance Fees and Monthly Costs

The one-time entrance fee and monthly costs vary depending on the type of residence, number of occupants, and the entrance fee refund option selected.

2025 Fee Schedule

Independent Living – Standard Refund Entrance Fee

Your entrance fee is refundable to you or your estate on a declining basis over a 50-month period, less a 4% administrative charge. A standard declining refund is amortized at a rate of 2% per month for the first 50 months of occupancy.

After 50 months, there is no refund on the entrance fee remaining. However, with the payment of the ongoing monthly service fee, you’ll continue to receive all the rights and benefits of residency.

Model
Sq.Ft./Unit
Standard Entrance Fee
1 Resident Monthly Fee
Cumberland
1,325
$259,000
$3,714
Chesapeake
1,362
$279,000
$3,714
Blue Ridge
1,590
$301,000
$3,801
Shenandoah
1,634
$328,000
$3,979
Appalachian
1,849
$373,000
$4,257
Piedmont
2,000
$404,000
$4,389
Buena Vista
2,259
$456,000
$4,592
Second Person
$12,500
$1,048
Model
Sq.Ft./Unit
Standard Entrance Fee
1 Resident Monthly Fee
Poplar
732
$126,000
$3,014
James
925
$183,000
$3,174
Birch
933
$192,000
$3,313
Peaks of Otter
1,081
$248,000
$3,394
Magnolia
1,124
$260,000
$3,640
Chestnut
1,273
$276,000
$3,691
Skyline
1,418
$283,000
$3,796
Dogwood
1,464
$293,000
$3,918
Second Person
$12,500
$1,048
West-Facing Premium View
$10,000
  • Meals in a community dining room
  • Full access to all community areas
  • Twice-monthly housekeeping and laundry service
  • Interior maintenance, including appliances
  • Exterior and yard maintenance
  • All utilities, except telephone and cable TV
  • WiFi
  • Cultural, recreational, educational, and social events
  • Scheduled transportation
  • Health and wellness programs
  • 24-Hour emergency call and response
  • Security staff
  • Wellness Clinic
  • Convenient on-site services and amenities
  • Parking

Independent Living – 90% Refund Entrance Fee

Your entrance fee is refundable to you or your estate less a 4% administrative charge and deduction of 1% per month for the first 10 months of residency. The refund is never less than 90% of the original entrance fee paid upon occupancy less the 4% administration fee.

Model
Sq.Ft./Unit
90% Entrance Fee
1 Resident Monthly Fee
Cumberland
1,325
$468,000
$3,714
Chesapeake
1,362
$504,000
$3,714
Blue Ridge
1,590
$545,000
$3,801
Shenandoah
1,634
$595,000
$3,979
Appalachian
1,849
$676,000
$4,257
Piedmont
2,000
$730,000
$4,389
Buena Vista
2,259
$825,000
$4,592
Second Person
$25,000
$1,048
Model
Sq.Ft./Unit
90% Entrance Fee
1 Resident Monthly Fee
Poplar
732
$232,000
$3,014
James
925
$338,000
$3,174
Birch
933
$351,000
$3,313
Peaks of Otter
1,081
$460,000
$3,394
Magnolia
1,124
$478,000
$3,640
Chestnut
1,273
$509,000
$3,691
Skyline
1,418
$522,000
$3,796
Dogwood
1,464
$543,000
$3,918
Second Person
$25,000
$1,048
West-Facing Premium View
$10,000
  • Meals in a community dining room
  • Full access to all community areas
  • Twice-monthly housekeeping and laundry service
  • Interior maintenance, including appliances
  • Exterior and yard maintenance
  • All utilities, except telephone and cable TV
  • WiFi
  • Cultural, recreational, educational, and social events
  • Scheduled transportation
  • Health and wellness programs
  • 24-Hour emergency call and response
  • Security staff
  • Nurse Clinic
  • Convenient on-site services and amenities
  • Parking

Assisted Living

One time, Non-Refundable
$5,000
Model
Sq.Ft./Unit
Daily Rate
30 Day Month
Studio Apartment
325
$176
$5,280
One Bedroom Apartment
495
$208
$6,240
One Bedroom Grand
573
$233
$6,990
Furnished Respite Studio
325
$215
$6,450
Second-Person Fee
$143
$4,290
Levels of Care
Additional Daily Rate
30 Day Month
Level 2
$52
$1,560
Level 3
$78
$2,340
Level 4
$104
$3,120
  • Direct TV Service
  • Wi-Fi
  • Three Meals a Day, Plus Snacks
  • Social Activities and Events
  • Personal Call System
  • Personal Pendant
  • Weekly Housekeeping
  • Medication Management
  • Transportation to Medical Appointments
  • Laundry: $60 per month
  • Salon Services: Fee for Service
  • Guest Meals: Varies
  • Room Service: $7
  • Medical Supplies: Fees Based on Supplies Provided

Click below to view our downloadable fee brochures:

   2025 Fee Schedule        2025 Assisted Living Fee Schedule