29 shareholders representing singles, couples, and families, own a beautiful 115 acre property, gardens, forest and meadow with waterfront on Post Pond. We run Loch Lyme Lodge, the 22-cabin based hospitality business we purchased as part of the parcel on which we also plan to build up to 24 units of multi-age, intentional cohousing, one mile from Lyme and 10 miles from Hanover, NH. Lyme is a rural community 10 miles north of Hanover, home of Dartmouth College, a vibrant college town with an excellent tertiary care medical center. Lyme’s zoning will currently allow us to build only 4 primary homes on the 97 acres we have set aside for residential use. We are looking again at whether Lyme will allow us to build. Our original design was for a mix of two to or four bedroom homes and 6-8 apodments/homes integrated into the common house and three or four (4) additional homes built as ADU’s (accessory dwelling units). We are now also exploring assisted living/end of life care as part of the plan. Our goal is an attractive, comfortable, environmentally intelligent small neighborhood in which one can live, raise a family and live long into retirement, aging in your own home within an inter-generational community.
Our website begins with this paragraph: “Did you ever wish you had a big rambling house on a pond with fruit trees and gardens?…Do you fondly remember your days in college or graduate school and miss the group dinners with stimulating conversation?…Does the idea of living comfortably for less than it costs to live on your own appeal to you?.”
Links:
link to our Vision Statement http://pinnacleproject.info/index.php?option=com_content&view=article&id=47&Itemid=55
read about us, talk to a member on the phone, come meet us, agree with our vision statement, be accepted, make a capital contribution
Contact Liz Ryan Cole li*********@**.com
A few people (not elected by the broader community) make the major decisions.
Decisions emerge through casual conversation without formal process.
Still developing or unclear governance approach.
managers are elected from membership
Members maintain separate personal finances with minimal sharing.
Join fee: $21000
Members with pre-existing debt: allowed
coop work on land and in common spaces – 2-4 hours per week for residents only, so not applicable now – much volunteer labor involved in running the business and working toward cohousing
membership and an initial capital contribution are first steps
capital contributions cover some land acquisition – hospitality business is designed to be self supporting and generate some income for loan repayment and cohousing support. Re residential component – monthly fees will cover property taxes, insurance, staff, daily common meal, etc.
Common House, Garden(s), Greenhouse(s), Library, Workshop, Outbuilding(s), Swimming pond or pool, Large Scale Kitchen, Tractor & Farm Equipment, Stage or Auditorium, Fire pit, Swingsets & play areas, Waterfront access, Internet
Countryside locations with significant distance from urban centers.
A residential project: people live here as their primary home.
An institution, business, network, or project that isn’t a residence (e.g. a learning center, farm, or network with no one living there full-time).
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