Madison isthmus and capital at dusk

So how much does this all cost?

Your pricing breakdown is below.

Here’s where we start talking brass tacks. We’ll go through everything you need to know as you make your decision.

Capitol Lakes’ Independent Living pricing structure includes an Entrance Fee and a Monthly Fee.

  • The Entrance Fee is a one-time fee that you pay when you first become an Independent Living resident. The amount depends on the size and location of your apartment. We offer two Entrance Fee options—Traditional and 90% Refundable—offering more flexibility as you plan for the future.
  • The Monthly Fee is the ongoing fee associated with residency at Capitol Lakes. The amount depends on the size of home you choose. As you move through the continuum of care at Capitol Lakes, your Monthly Fee may adjust accordingly.

Fees are based on square footage and subject to change. This fee schedule is effective October 1, 2024.

Pricing:

Traditional Plan:

  • Entrance Fee:
    • One Bedroom | $117,000 – $263,800
    • Two Bedroom | $263,800 – $418,300
    • Two Bedroom + Den | $389,100 – $554,500
  • Monthly Fee:
    • One Bedroom | $3,478 – $5,550
    • Two Bedroom | $5,420 – $8,036
    • Two Bedroom + Den | $7,531 – $9,706

90% Returnable Plan:

  • Entrance Fee:
    • One Bedroom | $223,700 – $480,400
    • Two Bedroom | $510,700 – $786,600
    • Two Bedroom + Den | $752,700 – $1 million +
  • Monthly Fee:
    • One Bedroom | $3,478 – $5,550
    • Two Bedroom | $5,420 – $8,036
    • Two Bedroom + Den | $7,531 – $9,706

Second Person:

  • Entrance Fee:
    • No Charge
  • Monthly Fee:
    • $1,118

What does the Monthly Fee cover?

  • On-site fitness club membership, all classes, and 3 pools
  • Delicious dining with a set meal allowance
  • Transportation to and from medical appointments and scheduled shopping locations
  • One designated parking space
  • Twice monthly housekeeping, including bed linen services
  • Scheduled events including educational, social, and cultural programming
  • Home and appliance maintenance and repair
  • Groundskeeping including snow removal
  • Property taxes
  • Electricity, water, sewer, trash, and recycling
  • Basic cable television
  • In-home internet and Wi-Fi in common spaces
Balcony view of Lake Monona from the Olbrich floor plan.

So what will I pay and when?

We’ll walk you through the process once you get in touch with our team.

Ready to claim your spot at Capitol Lakes? Yay! Reach out to our team.

More about Capitol Lakes!

At Capitol Lakes, you’ll find a higher degree of retirement living. Your new major is called: having the time of your life.

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Location

Fall in love with Capitol Lakes and the lovely city of Madison.

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FAQ

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Capitol Lakes Exterior

History & Values

We get it, we’ve got a lot going on. Learn more about our history and values to see who we really are.

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Value of a Life Plan Community

Get to know the values of living in a Life Plan Community, such as Capitol Lakes!

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