Frequently Asked Questions
When will construction begin for the Cottages at Pine Meadow?
The luxury model home, with fantastic meadow views, is now complete (please visit virtual tour). The seven existing "tiny house" efficiency cottages have been re-sided, re-roofed, and new windows have been installed. Landscaping and new decks will follow. Future new luxury cottages will infill and blend with these existing cottages as the community evolves.
How much will the Cottages at Pine Meadow cost?
The one bedroom cottages (Saco Bay) will start at $169,900, and the two bedroom cottages (Downeaster) will start at $189,900. Standard features in all cottages include a full unfinished basement, ultra-high energy efficiency rating with heat pump and air conditioning, fiberglass tub or shower, full size kitchen appliances, full size stackable washer/dryers, state of the art, durable, waterproof wood grain plank flooring and maintenance free exteriors.
Are Pets Allowed?
The Cottages at Pine Meadow is a pet friendly community. Indoor cats and one non-aggressive dog per cottage are welcome! Walking your dog on a leash, and picking up dog waste are requirements.
What will the Condo Fees be?
The condominium fees will be kept to a minimum, and will be specifically determined as the project evolves. They will include lawn maintenance, snow removal, trash removal, Clubhouse and common area insurance.
What will the Property Taxes be?
Real estate taxes will be determined by, and paid to the City of Saco. Currently, the tax rate is $19.38 per thousand of assessed value.
Do the Cottages have garages?
There are no garages. However, two bedroom homes have 2 designated parking spots and one bedroom homes have 1 designated parking spot. There is additional guest parking on site.
Do all members of the household need to be 55 or older?
No - only one member of the household needs to be 55 years of age or older. In fact, 20% of residents can be under 55. If you have any questions regarding this, please Contact Us.
Who are the Owners of The Cottages at Pine Meadow?
Bill Koch and Sandra Murray, husband and wife, are the owners and developers of The Cottages at Pine Meadow. Sandra Murray is also a licensed Real Estate Broker with Keller Williams Realty. They welcome your questions at any time, and look forward to keeping you updated on this exciting new "55 and over" luxury cottage condominium community. Click here to CONTACT US.