Waterstone of Lexington

Waterstone of Lexington is a Memory Care Home in Massachusetts

Waterstone of Lexington is a Memory Care Home in Massachusetts

Waterstone of Lexington

55 Watertown St, Lexington, MA 02421 View Map

Waterstone of Lexington is a Memory Care Home in Massachusetts

Waterstone of Lexington is a Memory Care Home in Massachusetts

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Overview of Waterstone of Lexington

Embrace a vibrant senior living experience at Waterstone of Lexington, a charming senior living community in Middlesex County, Lexington, MA, offering independent living, assisted living, and memory care. Enjoy a relaxing personal time or invite family and friends into comfortable and delicately designed accommodations. The community’s ideal location provides easy access to major roadways, retailers and restaurants, making vibrant living within easy reach. With access to a variety of supportive services, residents are guaranteed to live a well-supported life.

An experienced team trained to navigate residents’ healthcare needs is available to ensure residents receive personalized care services that perfectly aligns with their needs. A variety of cultural, social and recreational programs are offered daily to ensure residents stay active, engaged, and connected. Their gourmet dining provides residents the daily nourishment they need through delicious and health-conscious meals. At Waterstone of Lexington, residents are encouraged to live the life they love while receiving the best in care.

781-230-6455

Managed by Fred Kelly, MSW, MBA

Senior Executive Director

Fred Kelly is the Senior Executive Director at Waterstone of Lexington, overseeing daily operations and leading the team to deliver a premier senior living experience. With over a decade in senior living, Fred brings extensive leadership experience and a wellness-focused approach to ensure residents remain active, connected, and comfortable.

Capacity and availability

Smaller home

May offer a more intimate, personalized care environment.

Total beds 40
Bed community size
40-bed community
A moderately sized community that may balance personal attention with shared amenities and social activities.
Walk Score
Walk Score: 11 / 100
Car-dependent. Most errands require a car, with limited nearby walkable options.

Ownership & operating entity

Nonprofit ownership: No

Type Of Units

Traditional
40 units
Total beds
40 units

Additional Policies & Features

Continuing Care Retirement Community (CCRC)

What does this home offer?

Pets allowed icon
Pets allowed icon

Pets Allowed: Yes, Pets Allowed

Housing options icon
Housing options icon

Housing Options: 1 Bed / 2 Bed

Building type icon
Building type icon

Building Type: Mid-rise

Transportation services icon
Transportation services icon

Transportation Services

Fitness and recreation icon
Fitness and recreation icon

Fitness and Recreation

Types of Care at Waterstone of Lexington

Assisted Living Independent Living Memory Care

Type of Rooms Available

1 Bed
1 Bed
1 Bed
1 / 4
1 Bed
1
Contact Waterstone of Lexington

Compare Memory Care around Middlesex County

The information below is reported by the Massachusetts Executive Office of Elder Affairs and Department of Public Health.
Mary Ann Morse at Heritage
MC

Memory Care Specialized care for those with Memory Loss, Alzheimer's, or dementia, ensuring safety and support.

Framingham
98
No
-
43
1 Bed / 2 Bed
Cornerstone at Canton
AL

Assisted Living For seniors needing help with daily tasks but not full-time nursing.

IL

Independent Living For self-sufficient seniors seeking community and minimal assistance.

MC

Memory Care Specialized care for those with Memory Loss, Alzheimer's, or dementia, ensuring safety and support.

SNF

Nursing Homes 24/7 care needed

Canton
87
Yes
A+
64
Studio / Suite / 1 Bed
Carriage House at Lee’s Farm
MC

Memory Care Specialized care for those with Memory Loss, Alzheimer's, or dementia, ensuring safety and support.

Wayland
62
No
-
34
1 Bed / 2 Bed
Waterstone of Lexington
MC

Memory Care Specialized care for those with Memory Loss, Alzheimer's, or dementia, ensuring safety and support.

Lexington
40
Yes
-
11
1 Bed / 2 Bed
Artisan at Hudson – SageLife Senior Living
MC

Memory Care Specialized care for those with Memory Loss, Alzheimer's, or dementia, ensuring safety and support.

Hudson
-
No
-
33
1 Bed / 2 Bed

Living Spaces & Floor Plans

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Places of interest near Waterstone of Lexington

Address 2.9 miles from city center

Address 55 Watertown St, Lexington, MA 02421

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Guides for Better Senior Living

Care Cost Calculator: See Prices in Your Area

Nursing Home Data Explorer

Don’t Wait Too Long: 7 Red Flag Signs Your Parent Needs Assisted Living Now

The True Cost of Assisted Living in 2025 – And How Families Are Paying For It

Understanding Senior Living Costs: Pricing Models, Discounts & Financial Assistance

Financial Aid for Massachusetts Seniors

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Home Care Program

MassHealth Home Care

Age 60+, Massachusetts resident, at risk of nursing home placement.

~$1,500/month (individual, varies by region).

$2,000 (individual, excludes home, car).

Coordinated through Aging Services Access Points (ASAPs); high demand in urban areas.

Frail Elder Waiver

Massachusetts Medicaid FE Waiver

Age 65+, Massachusetts resident, Medicaid-eligible, nursing home-level care need.

~$2,829/month (300% FBR, individual).

$2,000 (individual), $3,000 (couple).

Requires clinical eligibility determination.

Senior Care Options (SCO)

Massachusetts Senior Care Options

Age 65+, Massachusetts resident, eligible for MassHealth (Medicare optional), nursing home-level care need.

~$2,829/month (300% FBR, individual); QIT allowed.

$2,000 (individual), $3,000 (couple) (excludes home up to $713,000, car).

Not available in Dukes/Nantucket Counties; multiple SCO providers (e.g., CCA, Tufts).

Medicare Savings Program (MSP)

Massachusetts Medicare Savings Program (MassHealth Buy-In)

Age 65+ or disabled, Massachusetts resident, Medicare Part A/B.

~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

$9,430 (individual), $14,130 (couple).

Three tiers; no waitlist; includes Extra Help for Part D.

National Family Caregiver Support Program (NFCSP) Respite

Massachusetts NFCSP Respite Care

Caregivers of 60+ needing care or 55+ caregivers of others; Massachusetts resident; functional needs (2+ ADLs).

Prioritizes ~$24,980/year (individual); no strict cap.

Not assessed; need-based.

27 ASAPs; prioritizes low-income, rural caregivers.

Prescription Advantage

Massachusetts Prescription Advantage

Age 65+ or disabled, Massachusetts resident, enrolled in Medicare Part D (or ineligible for Medicare).

No strict limit; copays vary by income (~$24,980-$75,000/year individual).

Not assessed.

Supplements Medicare Part D; no enrollment fee for low-income.

Senior Community Service Employment Program (SCSEP)

Massachusetts SCSEP

Age 55+, unemployed, low-income, Massachusetts resident.

~$1,983/month (125% FPL).

Not specified; income-focused.

Priority for veterans, rural residents; AARP partnership.

VA Aid and Attendance (A&A) and Housebound Benefits

Massachusetts VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse, Massachusetts resident, wartime service, need for ADL help (A&A) or homebound.

Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

~$155,356 (net worth limit).

High veteran demand statewide.

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