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Talk to a Specialist →What Magnolia Green Offers the 55+ Buyer
Magnolia Green is Chesterfield County’s flagship master-planned community — 3,000 homes at build-out, multiple builders, an 18-hole Nicklaus Design championship golf course that Golf Digest named one of the Top 10 New Courses when it opened, five aquatic pools at the Arbor Walk center, an 8-court tennis and pickleball facility, miles of walking trails, a community restaurant, and a farmers’ market.
Charleston Landing is Mungo Homes’ 55+ section within this master plan. Buyers get access to all of Magnolia Green’s amenities while living in homes designed for first-floor primary suite living with lower-maintenance exterior features. The Charleston Club pool and clubhouse serve as dedicated amenities for Charleston Landing residents in addition to the broader Magnolia Green amenity package.
The practical appeal: this is the only way a 55+ buyer in the Richmond market gets access to Nicklaus-caliber golf, five pools, and a full tennis facility without paying the HOA premium of a standalone golf community like Colonial Heritage. The trade-off is multi-generational living and the HOPA question below.
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The Chesterfield Tax Reality at Magnolia Green
Magnolia Green homes in the 55+ section range from the low $400s to mid $600s and above. Chesterfield’s $0.91 rate on a $500,000 home produces $4,550 in annual property taxes. Add the Charleston Landing section HOA plus the Magnolia Green master HOA, and the monthly carrying costs are meaningful.
Buyers comparing Magnolia Green 55+ to Colonial Heritage (golf, Nicklaus-adjacent quality, but New Kent County at $0.79) should run the full cost model: Colonial Heritage’s lower tax rate plus potentially higher standalone golf community HOA vs. Magnolia Green’s Chesterfield rate plus two HOAs with a built-in golf amenity.
Magnolia Green 55+ vs. Colonial Heritage: Golf Community Comparison
Two different approaches to golf-community 55+ living at very different tax rates and HOA structures. We can model the 10-year cost difference for your budget.
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