Waterfront Retirement Living Come Discover the Only Senior Living Community Located on the Chesapeake Bay Tours Available Anytime James Harrington, Director of Business Development for BayWoods stated that this is the first time any CCRC retirement community has ever done this in the state of Maryland. This is huge, no fees for 147 residents ranging in monthly fees of 3,000 to 8,700 per apartment. 2016 was an amazing year for us. BayWoods produced record breaking sales exceeding 9.5 million while selling 30 Independent Living Apartment homes. I was so excited to be a part of this tremendous year of change and growth. We have over 190 residents residing here at BayWoods and this is a unique offer in the market being only one of two Senior Living Co-ops in the state of Maryland out of 35 total licensed CCRCs. BayWoods is a resident owned Cooperative Retirement Living Community. One of the unique factors about BayWoods is the ownership structure, this appeals to the baby boomers who want to be involved with ownership and management. The tax advantages that go along with an equity community is also very appealing. BayWoods is uniquely positioned to serve the residents of their community giving them