Londonderry Disclaimer:

Information and Fees:

Prices and availability are subject to change without notice.

General:

Londonderry on the Tred Avon reserves the right to modify and change the content of this website at any time without prior notice.

Locked Documents:

We make available through our Site sample Documents (collectively, “Documents”). All Documents provided for your personal viewing. The Documents are only samples. We reserve the right to change/delete/add Documents at any time.

Third party Content:

Our Site contains links to other websites. We do not assume responsibility for the content, accuracy or options expressed in such websites. Inclusion of any linked website on our Site does not imply approval or endorsement of linked website by us.

Call (410) 820-8732

click here to request more info

What is a Cooperative?

Living Your Life, Your Way

Londonderry was the first cooperative independent living retirement community on the Eastern Shore of Maryland. There are less than 98 senior cooperatives in the U.S. and only two in Maryland. Cooperative senior housing is a unique option for people seeking a retirement lifestyle while maintaining control over their investment because in this resident-driven culture:

  • The Londonderry cooperative community offers the financial benefits of real estate without the burden of home maintenance.
  • All real property (housing and common areas) is actually owned by the corporation with a fee simple title.
  • Membership in the corporation is achieved through the issue of a stock certificate and an Occupancy Agreement (lease).
  • Cooperative owners have a say in how the community is managed and operated.
  • As a shareholder in the cooperative, residents may recoup all of their initial investment, plus appreciation, dependent upon the market’s performance.

Located on the original tract of land granted in 1667 to citizens from Ireland seeking independence and the freedom of choice, Londonderry remains dedicated to those same ideals today.

I love helping plan the monthly activities for our diverse community at Londonderry. We strive to have “something for everyone”. Our committee consists of six residents and one “Fearless” leader. Everyone is very cooperative which makes Londonderry an exceptional Senior Living Cooperative

—Peggy Sloan, Londonderry Resident since 2016