Woodleigh Chase
9801 Woodleigh Lane, Fairfax, Virginia 22032
- Operator:
- Woodleigh Chase, Inc. (managed by Erickson Senior Living, LLC)
- Ownership:
- Mixed nonprofit and for-profit
- Affiliation:
- Not disclosed in the 2024 filing
- Opened:
- 2024
Operator Woodleigh Chase, Inc. is a non-stock corporation intended to be a 501(c)(3), sole member National Senior Communities, Inc. (nonprofit). The land and buildings are owned by ELP Fairfax, LLC, a for-profit Erickson affiliate, and leased to the operator; Erickson Senior Living, LLC (for-profit) manages and markets the community.
- Type C (fee for service)
Figures from the 2024 disclosure statement (fiscal 2023 finances), filed with the Virginia State Corporation Commission, Bureau of Insurance.PDF The finances describe fiscal 2023; this is the newest statement we have for Woodleigh Chase, and a later one may have been filed since.
At a glance
Entrance fee, one person, every plan
Monthly fee, independent living
Refund plans offered
- 80% RefundableNever less than 80% of the fee
Days cash on hand
Independent living occupancy
Nursing care, CMS overall rating
What care costs later
How each contract prices assisted living and nursing if you need them. The contract type decides most of what a long stay costs.
- Type C (fee for service): Care is charged at market rates when you need it.
How the contract types compare
Type C (fee for service)
Care is paid at the Continuing Care neighborhood's own monthly packages and daily rates; no days are included and no discount is stated. Assisted living, memory care and nursing are not built yet (Continuing Care scheduled March 2028 to January 2030); until then residents needing that care go to a local facility under priority transfer agreements.p. 104
- Assisted living
- Assisted living or memory care monthly service package plus care-level packages replaces the IL fee; these levels are not built yet and the filing gives only projected averages, which are not recorded
- Nursing care
- Nursing daily rate; nursing is not built yet and the filing gives only an anticipated 2025 rate, which is not recorded
| Independent living | Not disclosed in the 2024 filing |
|---|---|
| Assisted living | Not disclosed in the 2024 filing |
| Memory care | Not disclosed in the 2024 filing |
| Nursing care | Not disclosed in the 2024 filing |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
80% Refundable Residence and Care Agreement · Type C (fee for service) (5 prices, $479,000 to $1,242,000)
| Unit | Refund plan | Price, one person | Second person |
|---|---|---|---|
| 1 Bedroom 1.5 Bath | 80% Refundable | $479,000 to $531,000p. 104 | Not listed |
| 1 Bedroom with Den 1.5 Bath | 80% Refundable | $564,000 to $639,000p. 104 | Not listed |
| 2 Bedroom 2 Bath | 80% Refundable | $631,000 to $1,052,000p. 104 | Not listed |
| 2 Bedroom with Den 2 Bath | 80% Refundable | $893,000 to $1,128,000p. 104 | Not listed |
| 2 Bedroom with Den 2.5 Bath | 80% Refundable | $1,147,000 to $1,242,000p. 104 | Not listed |
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
80% Refundable Residence and Care Agreement · Type C (fee for service) (5 prices, $3,603 to $5,189)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| 1 Bedroom 1.5 Bath | Independent living | $3,603p. 104 | $1,293 |
| 1 Bedroom with Den 1.5 Bath | Independent living | $3,779 to $3,868p. 104 | $1,293 |
| 2 Bedroom 2 Bath | Independent living | $3,868 to $4,836p. 104 | $1,293 |
| 2 Bedroom with Den 2 Bath | Independent living | $4,485 to $4,924p. 104 | $1,293 |
| 2 Bedroom with Den 2.5 Bath | Independent living | $5,101 to $5,189p. 104 | $1,293 |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | 1 Bedroom 1.5 Bath (starting fee) | 3.9%calculated from the dollar amounts | $3,298 to $3,426p. 107 |
| 2025 | Independent living | 1 Bedroom with Den 1.5 Bath (starting fee) | 3.9%calculated from the dollar amounts | $3,638 to $3,779p. 107 |
| 2025 | Independent living | 2 Bedroom 2 Bath (starting fee) | 3.9%calculated from the dollar amounts | $3,723 to $3,868p. 107 |
| 2025 | Independent living | 2 Bedroom 2 Bath with Den (starting fee) | 3.9%calculated from the dollar amounts | $4,232 to $4,397p. 107 |
| 2025 | Independent living | 2 Bedroom 2.5 Bath with Den (starting fee) | 3.9%calculated from the dollar amounts | $4,995 to $5,189p. 107 |
| 2025 | Independent living | Joint Resident fee (starting fee) | 3.9%calculated from the dollar amounts | $1,245 to $1,293p. 107 |
| 2024 | Independent living | 1 Bedroom 1.5 Bath (starting fee) | 3.6%calculated from the dollar amounts | $3,184 to $3,298p. 107 |
| 2024 | Independent living | 1 Bedroom with Den 1.5 Bath (starting fee) | 3.6%calculated from the dollar amounts | $3,512 to $3,638p. 107 |
| 2024 | Independent living | 2 Bedroom 2 Bath (starting fee) | 3.6%calculated from the dollar amounts | $3,594 to $3,723p. 107 |
| 2024 | Independent living | 2 Bedroom 2 Bath with Den (starting fee) | 1.6%calculated from the dollar amounts | $4,167 to $4,232p. 107 |
| 2024 | Independent living | 2 Bedroom 2.5 Bath with Den (starting fee) | 5.4%calculated from the dollar amounts | $4,740 to $4,995p. 107 |
| 2024 | Independent living | Joint Resident fee (starting fee) | 3.6%calculated from the dollar amounts | $1,202 to $1,245p. 107 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
80% Refundablep. 26
20% of the entrance fee is a non-refundable Community Fee; 80% is refunded with no monthly decline. After you vacate you get a refund number, and refunds are paid in sequence from a Refund Account funded by new residents' entrance fees, within 60 days once the account can pay yours in full. The refund can be reduced if the fee was spent on your care under the financial-assistance terms.
- Kept on move-in
- 20% of the fee
- Declines by
- Does not decline
- Never less than
- 80% of the fee
- Longest wait
- No limit stated
- Paid
- In turn, from a fund of new residents' entrance fees
Refund calculator
Estimated refund: $383,200 (80% of the fee)
When it is paid: in turn, from a fund of new residents' entrance fees. This applies the plan terms as recorded from the filing, counting a part month as a whole one. The signed contract governs, and charges you owe or care paid for from the fee can be deducted first.
How entrance-fee refunds work, and why the payment date matters
Finances
Whether the organisation behind the community has the cash and income to keep its promises for decades.
- Balance sheet: Woodleigh Chase, Inc. and ELP Fairfax, LLC (landowner), combined in the Exhibit 9 summary.
Days cash on hand
Not disclosed in the 2024 filing
- Its lenders’ minimum: Not disclosed in the 2024 filing
- Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Debt service coverage
Not disclosed in the 2024 filing
- Its lenders’ minimum: Not disclosed in the 2024 filing
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
How to read these figures: what each one measures and why a lender’s minimum is a floor, not a target.
Balance sheet and trend
| Fiscal year | FY2023p. 164 | FY2022p. 164 |
|---|---|---|
| Total assets | $229.0 million | $153.5 million |
| Total liabilities | $25.4 million | $23.3 million |
| Long-term debt | Not disclosed | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | Not disclosed | Not disclosed |
| Refunds owed to residents (refundable fee liability) | Not disclosed | Not disclosed |
| Net position (assets minus liabilities) | $203.6 million | $131.2 million |
Auditor: PricewaterhouseCoopers LLP (Woodleigh Chase, Inc.); RSM US LLP (ELP Fairfax, LLC). Opinion: Unmodified (clean) opinionp. 164
Occupancy
The 2024 filing does not report occupancy.
Events the filing reports
Dated facts the disclosure statement states, such as bond issues, missed covenants or changes of ownership.
- 2024-01Ownership change On January 1, 2024, Woodleigh Chase, Inc. (formerly Fairfax NSC Retirement Community Inc.) acquired the CCRC operations of Woodleigh Chase, LLC (now ELP Fairfax, LLC), including existing residence and care agreements, and leases the land and buildings from ELP Fairfax; it began providing services to residents in March 2024.p. 118
Nursing care on campus
We have not linked this community’s nursing center to a CMS record. Nursing centers certified by Medicare can be looked up on CMS Care Compare.
In brief
Woodleigh Chase is an Erickson Senior Living community on Braddock Road in Fairfax County whose independent living began serving residents in March 2024 and is being built in phases. Its assisted living, memory care and nursing neighborhood is not built yet (scheduled 2028-2030); until then residents needing that care go to a local facility under transfer agreements. Entrance fees in 2025 run from $479,000 to $1,242,000, with 80% refunded from a pool of new residents' fees, monthly fees start at $3,603 plus $1,293 for a second person, and the filing's most recent financial figures are for 2023, before opening.PDF
Also in Fairfax
- The Virginian
Fairfax
Entrance fee: None: rental
- The Woodlands
Fairfax
Entrance fee: $346,000 to $765,000
Sources
- Woodleigh Chase — 2024 Disclosure Statement (FY2023)Virginia State Corporation Commission, Bureau of Insurance · filed 2024, fiscal 2023 finances · 164 pages · retrieved 2026-10-15
Each page tab above opens this PDF at the page the figure came from. Spotted a figure that does not match its page? Tell us and it is checked against the filing.