What does resident-owned cooperative mean in practice?

When you purchase a cottage at Atlantic Heights, you own specific stock in the housing cooperative — not a rental, not a lease. As a shareholder you have a vote in how the community is governed, the same mortgage interest and real estate tax deductions as individual homeowners, and the protection of the Gain Sharing™ Program when you sell.

What's the relationship between The Cottages, The Inn, and Seal Rock?

The Cottages are independently owned residential homes. The Inn (assisted living) and Seal Rock (skilled nursing) are operated separately by First Atlantic Healthcare on the same campus. Cottage homeowners have priority access to both — so if your needs change over time, you don't have to leave the community you know.

Dogs and cats are welcome. Other pets are considered on a case-by-case basis. There is a pet application process.

How does the Gain Sharing™ Program work?

When you sell your cottage, you're guaranteed ninety percent of the appreciated resale value — not just your initial investment back. The Atlantic Heights sales team handles the resale marketing at the annually determined price. Consult your tax advisor regarding capital gains treatment for cooperative housing.

What's there to do at Atlantic Heights?

Quite a lot. Exercise groups, book discussions, movie nights, arranged trips to Portland for performances and events. The Inn's heated indoor pool hosts water volleyball. The warming tub is always open. Life here is as active as you want it to be.

How do I find out when a cottage becomes available?

Sign up for availability alerts in the section above, or contact Chris Davis at Places in Maine directly. Atlantic Heights is a 46-home community — being on the list early matters.

Independent living in Maine doesn’t have to mean an apartment.

A private cottage of your own in a community of forty-six homes on the Saco coast, a ten-minute walk from Ferry Beach, with healthcare available on the same campus if your needs ever change.

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The Difference

Most independent living in southern Maine means an apartment, a shared corridor, and rent that buys a place to stay rather than something to own. Here, each of the forty-six homes is a private cottage with its own entrance, its own kitchen, and its own yard.

The Place

Ferry Beach and its trails are a ten-minute walk from the cottages. Downtown Saco, the Amtrak Downeaster station, and Southern Maine Health Care are all a short drive, and Portland is twenty minutes north.

The Life

There is a heated indoor pool, and a standing water volleyball game in it. There are walking trails, a community dining room, exercise groups, a book club, movie nights, and trips arranged into Portland. Dogs and cats are welcome, and none of it is required.

The Years Ahead

The cottages are independent living. Alongside them on the Atlantic Heights campus are The Inn and Seal Rock, offering assisted living and skilled nursing. Most people considering a move like this are not planning for the day they need more help. They are planning for the fifteen good years before it.

Come see it

The best way to understand a cottage community is to walk through one. Visits are arranged individually, and there is no expectation attached to a first look. Call Chris Davis at (207) 756-2442, or email chris@placesinmaine.com to arrange a time.

Schedule a Visit