FAQs about Zvago Long Lake Co-op
Q: What does a “62+ active cooperative lifestyle community” mean?
A: A 62+ active lifestyle community is designed for adults age 62 and older who want a social, maintenance-free living environment. Residents live independently in their own homes while enjoying amenities, activities, and shared spaces that support an engaged, active lifestyle.
Q: How is a senior cooperative different from an apartment and a condo?
A: In a cooperative, residents own shares in the cooperative corporation rather than owning their unit outright like a condo. Unlike apartments, residents are members and partial owners of the entire community. This structure allows residents to participate in decision-making and governance while enjoying maintenance-free living and shared amenities.
Q: Do residents own their homes in a cooperative?
A: Residents own a share of the cooperative, which gives them the exclusive right to live in a specific home or unit. While the cooperative owns the building and property as a whole, each member holds equity in the community and may sell their share when they move.
Q: Is Zvago Long Lake independent or assisted living?
A: ZLL is designed for independent living. Meal service, housekeeping, and medical care are not provided, as these services are typically associated with assisted living communities.
Q: Is there some flexibility on the age requirement of 62?
A: Our partnership with HUD requires that one person in the household be a minimum of 62 years of age. For couples, the other person could be younger than age 62.
Q: Can my friends and family visit and stay overnight?
A: Yes. Residents are welcome to have family members and guests visit. Zvago also offers an on-site guest suite that can be reserved for visiting friends or family for a nominal nightly fee.
Q: Are pets allowed?
A: Yes. Owners may have one pet. All pets must be well-behaved and up to date on vaccinations.
Q: Is Zvago Long Lake smoke-free?
A: Yes. No smoking or vaping is allowed in individual residences, in common areas, or on the grounds of the cooperative.
Q: How close is Zvago to Lake Minnetonka?
A: Shaver Park in Wayzata is right next to the lake, and it’s 3 miles by bike or car from our front door.
Q: How do I know if cooperative living is the right choice for me?
A: Senior cooperative living is ideal for adults who want:
Maintenance-free living
A stable and secure community
Social opportunities with neighbors
A voice in how their community is managed
We offer tours of Zvago Long Lake to help prospective residents learn more and decide if cooperative living is the right fit.
Q: How can I learn more about Zvago Long Lake Cooperative and find out about tours?
A: If you’re interested in learning more about cooperative living, we invite you to contact us to schedule a tour or attend an information session. Visiting our community is the best way to experience the lifestyle, meet residents, and see the amenities available.
Next up: Floor Plans
Come and see why our 62+ cooperative community is a place to thrive!