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Samantha Mallon

Downsizing

Moving to Foulkeways at Gwynedd: The Seller’s Guide to Pennsylvania’s First CCRC

Foulkeways at Gwynedd opened in November 1967 as Pennsylvania’s first continuing care retirement community: a Quaker-founded lifecare campus on 130 wooded acres in Lower Gwynedd with roughly 451 residents and the region’s simplest fee structure, an entrance fee that amortizes over five years. This independent seller’s guide explains what sixty years of operation means for due diligence, how the five-year amortization compares to refund-plan menus elsewhere, and how eastern Montgomery County homeowners sequence the house sale against the move.

By Samantha Mallon, SRES®, licensed in PA & NJ · Reviewed August 5, 2026 · 10 min read

Foulkeways at Gwynedd is where the continuing care model in Pennsylvania started: the state’s first CCRC, opened by Gwynedd Friends Meeting in November 1967 on land given in 1945, now 130 wooded acres in Lower Gwynedd Township with roughly 451 residents and a lifecare continuum on campus. This guide is written from the seller’s side of that move, because the entrance fee and the house are usually the same money. It is independent research; Samantha is a real estate agent, not affiliated with Foulkeways, built from the community’s state-filed disclosure statement and its own published history.

What Foulkeways is, in verified numbers

Foulkeways at Gwynedd at a glance (sources: PA Insurance Department disclosure statement; Foulkeways)
FactDetail
TypeNot-for-profit Quaker lifecare community for adults 65 and older; Pennsylvania’s first CCRC, in operation since November 1967
Campus130 wooded acres in Lower Gwynedd Township, Montgomery County, bordered by Route 202, Meetinghouse Road, and Sumneytown Pike
ScaleApproximately 451 residents: 259 independent living apartments plus cottages, an 89-bed personal care unit, and 46 skilled nursing beds
Entrance structureEntrance fee plus monthly fee; the fee amortizes over five years, with the unamortized balance refunded to the resident or estate if residency ends within that window
HeritageFounded by Gwynedd Friends Meeting on land donated in 1945; one of the first Quaker CCRCs in the United States
RegulationFiles an annual disclosure statement with the Pennsylvania Insurance Department, available to every prospective resident

The community’s own history page tells the founding story plainly, the state-filed disclosure statement carries the current fee schedules and financials, and the Pennsylvania Insurance Department explains what that document must disclose and why it deserves an adviser’s read.

What sixty years of operation tells a careful family

A continuing care contract is a decades-long promise, and the hardest part of evaluating one is that the promise outlives every brochure. Foulkeways’ age is therefore not trivia; it is evidence:

  • The model has cycled. The community has re-occupied units, absorbed recessions, rebuilt facilities, and paid refunds through every market since 1967. That operating history is exactly what the financial statements in the disclosure filing let you verify rather than take on faith.
  • Governance culture is part of the product. Quaker-founded communities in this region (Foulkeways, and Kendal-Crosslands in Chester County) share a consensus-minded, resident-voiced culture and an understated campus aesthetic. Families comparing them to hospitality-styled campuses are comparing cultures, not just fee tables, and the tour usually makes the difference obvious within an hour.
  • The age minimum is 65. Slightly higher than the 55 and 62 thresholds elsewhere, which shapes the community’s center of gravity and is worth knowing before falling for a floor plan at 65.

The five-year amortizing fee, and why simple is a feature

  • One structure, no menu. The entrance fee amortizes over five years; leave or die inside the window and the unamortized balance returns to you or the estate, stay past it and the fee is earned. Compare that to the three-plan menus at Riddle Village or Meadowood: less estate optionality, but also no risk of buying the wrong refund plan, and a lower fee than high-refund structures carry for the same residence.
  • The estate math is straightforward. Within five years the estate receives a declining balance; after five years, nothing. Families for whom preserving principal is the priority should compare Foulkeways honestly against 90%-refundable alternatives, and our executor’s guide explains how refunds interact with estate settlement.
  • The medical deduction still applies. As a lifecare community, the portion of fees allocable to prepaid medical care can be deductible under IRS Publication 502 in the year paid, the same year as the house sale; our CCRC funding guide walks the coordination.

Sequencing the house sale against the move

  1. 01House number first. The valuation plus the net proceeds calculator produces the after-cost figure to hold against the fee for the residence you actually want.
  2. 02Join the priority list early if Foulkeways is a serious candidate. Long-established communities carry real waitlists for popular floor plans; the list deposit is modest and buys calendar control.
  3. 03Read the disclosure statement with the adviser, then reserve, then list on one coordinated calendar with the closing targeted at or just before move-in. Lower Gwynedd and the surrounding townships each carry their own resale requirements; the fee index lists them.
  4. 04Decide the bridge deliberately. Sell first and move once, or move first and carry both briefly; the sell-first-or-buy-first guide walks the tradeoffs.

The Montgomery County house this move usually involves

The house behind a Foulkeways move is usually an eastern Montgomery County house: Lower or Upper Gwynedd, Ambler, Blue Bell, North Wales, Lansdale, Horsham, a colonial owned decades in the Wissahickon, North Penn, or Hatboro-Horsham districts. Three field notes for exactly that sale:

  • Prepare in passes, not projects. These districts keep buyer demand deep; clear, brighten, and repair rather than renovate, with the room-by-room checklist keeping the clear-out on schedule.
  • Start with your township’s own rules. The Gwynedds guide covers the campus’s home township and its twin, the Ambler guide covers the borough next door, and the Montgomery County guide holds the wider picture.
  • Mind the tax windows. The $250,000/$500,000 exclusion covers most of these sales; where a spouse has died, the two-year window in our surviving spouse guide can set the timing by itself.

Samantha, SRES®, sells the houses on both ends of this exact move across Montgomery County. If Foulkeways, or the Quaker lifecare model generally, is on your shortlist, start with the free valuation that turns the house into a number you can hold against the fee schedule, or ask her how your township’s timeline fits the community’s. The oldest CCRC in the state runs on the simplest fee structure in the region; the calendar is still yours to run well.

Questions sellers ask about the Foulkeways move

What makes Foulkeways different from the other CCRCs in the region?

Age and structure. Foulkeways opened on November 10, 1967, making it the first continuing care retirement community in Pennsylvania and one of the first Quaker CCRCs in the country, built on land given to Gwynedd Friends Meeting in 1945. Nearly sixty years of operation is its own due-diligence data point: the community has managed the full life cycle of the CCRC model through every economy since Lyndon Johnson was president. The Quaker governance culture shows up in practical ways (consensus-minded decision making, a strong resident voice, understated aesthetics), and the campus is 130 wooded acres in Lower Gwynedd Township with walking and biking trails. Entrance is at 65 and older, slightly higher than the 55 and 62 thresholds common elsewhere.

How does the Foulkeways entrance fee work?

More simply than most, which is worth appreciating. The entrance fee amortizes over five years: if a resident leaves or dies before five years have elapsed, the unamortized balance is refunded to the individual or the estate; after five years it is fully earned by the community. There is no menu of 50% and 90% refund plans to price against each other. The simplicity cuts both ways: less optionality for estate planning than communities offering high-refund plans, but also less complexity and a lower fee for the same residence than a 90% refundable structure would carry. Recent disclosure filings show entrance fees from roughly $89,000 for an efficiency to the mid six figures for the largest two-bedroom units, with figures updated annually; get current pricing from the community.

What care is on the campus?

The full continuum, at meaningful scale for a community of roughly 451 residents: 259 independent living apartments (plus cottages), an 89-bed personal care unit, and 46 skilled nursing beds, per the community’s state-filed disclosure statement. Foulkeways describes its model as lifecare: the contract is designed so residents move through assisted living and skilled nursing on campus as needs change. As with every continuing care contract, the residence agreement controls what is included and what is billed separately, and Pennsylvania entitles every prospective resident to the annually updated disclosure statement; read the care provisions and fee schedules with your adviser before any deposit.

Where do Foulkeways residents typically come from?

The Route 202 and Bethlehem Pike corridors of eastern Montgomery County, heavily: Lower and Upper Gwynedd, Ambler, Blue Bell and Whitpain, North Wales, Lansdale, Horsham, and the Chestnut Hill edge of Philadelphia. Many arrivals also have a Quaker or academic connection that makes the community a destination rather than a convenience. For your sale, the relevant fact is that these are some of Montgomery County’s steadiest school-district markets, and the three- and four-bedroom colonials these movers leave behind draw deep buyer pools. Each township carries its own use and occupancy requirements, which belong on the calendar from the day the apartment is reserved.

Do I need to sell my house before moving in?

The entrance fee is due at move-in, and for most incoming residents the house is the source, so the sale and the move share one calendar even though no rule requires it. Foulkeways’ five-year amortization actually simplifies the adviser conversation: there is no refund-plan arbitrage to model, just the house number against the fee for the residence you want. Get the valuation first, read the disclosure statement with the adviser, reserve, then list with the closing targeted at or just before move-in so the proceeds wire straight to the fee. Waitlists at long-established communities can be real; joining the priority list early costs little and buys timing flexibility.

About the author

Samantha Mallon, SRES®

Samantha is a real estate agent with Compass, licensed in Pennsylvania (RS365940) and New Jersey (2440598), holding the SRES® (Seniors Real Estate Specialist®) designation. Before real estate she earned a finance degree at Rutgers and a master’s in analytics at Georgia Tech, and worked in management consulting at Deloitte, a background she now applies to pricing, preparation, and honest guidance for sellers navigating downsizing, longtime homes, and family transitions across Greater Philadelphia and South Jersey.

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