The Cascades
Newark, Delaware · New Castle County
The Cascades is an age-restricted 55+ community of 113 low-maintenance single-family homes in Newark, Delaware, built by Lennar beginning in 2021. The community is now sold out, with resale listings occasionally available. Homes were offered across six floor plans ranging from about 1,728 to 2,593 square feet, with two to three bedrooms, two to three baths, and first-floor owner's suites, centered on a clubhouse with a lounge, multipurpose room, fitness center, and outdoor pool.
Last researched 2026-09-17
- Price positioning
- Originally priced from the high $400,000s to the mid $500,000s at launch; current resale pricing not independently confirmed
- HOA
- Not publicly confirmed; buyers should confirm the current exact figure directly with the association
- Community size
- 113 single-family homes (sold out)
- Home types
- detached
- Builder
- Lennar
- Age policy
- Explicitly marketed by Lennar as an 'Active Adult 55+' community; the community's own recorded deed-restriction language was not independently reviewed, and buyers should confirm the exact current standard directly with the association
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Overview
Independent Assessment
The Cascades is a genuinely age-restricted 55+ community: Lennar's own press release announcing the community's grand opening and 55places both explicitly describe it as an 'Active Adult 55+' community with no mention of nursing, medical, or personal-care services. Because Lennar reports the community as sold out, its construction status is classified as completed/active resale rather than new construction, though buyers should confirm current resale availability directly, since builder inventory pages can lag behind an actual sold-out status.
Who May Find This Community Appealing
Buyers who want a recently built (2021+), low-maintenance 55+ single-family home with first-floor owner's-suite living, within a shorter drive of Wilmington and Philadelphia, are a strong fit for The Cascades -- though as a sold-out community, availability depends entirely on the resale market.
Homes & Prices
Homes, Builders & Development History
Lennar began construction of The Cascades in 2021 and built 113 low-maintenance single-family homes across six floor plans, ranging from approximately 1,728 to 2,593 square feet, with two to three bedrooms, two to three bathrooms, and first-floor owner's suites. The community is now sold out.
Current Pricing & Market Positioning
The Cascades originally priced from the high $400,000s to the mid $500,000s at launch; current resale pricing was not confirmed, and will reflect market conditions since the community's 2021+ construction period rather than original launch pricing. Buyers should request recent closed comparables from a local agent familiar with the Newark market.
New Construction vs. Resale Considerations
The Cascades is sold out as a new-construction community; buyers today would be purchasing resale. Buyers should budget for a full independent inspection and should request the association's current financials and reserve study before purchasing, even for homes built as recently as 2021 or later.
Want current listings in this community?
Pricing changes fast. A connected local agent can send current active listings and recent comparable sales.
Fees
HOA Fees, Capital Contributions & Recurring Costs
No confirmed current HOA fee was found for The Cascades. Buyers should confirm the current exact figure and full scope of coverage directly with the association before purchasing.
Taxes, Insurance & Special Assessments
Homes at The Cascades are subject to New Castle County property tax. New Castle County completed its first property reassessment since 1983 for the 2025 tax year, following a Delaware Court of Chancery ruling, and revised tax bills went out in late 2025 amid legal challenges -- buyers should confirm a property's current, post-reassessment tax figure directly with New Castle County. Delaware residents age 60+ can exclude $12,500 of retirement income from state tax, Social Security income is exempt, and Delaware has no state or local sales tax.
Amenities
Community Layout & Lifestyle
The Cascades offers a low-maintenance 55+ lifestyle in newer single-family homes with first-floor owner's suites, centered on a clubhouse with a lounge, multipurpose room, fitness center, and outdoor pool for socializing with neighbors.
Location
Shopping, Healthcare & Airport Access
The Cascades is located in Newark, New Castle County, Delaware, about a 30-minute drive to Wilmington and roughly an hour to Philadelphia.
Restrictions
Age Qualification & Material Ownership Restrictions
The Cascades is explicitly marketed by Lennar as an 'Active Adult 55+' community. The community's own recorded deed-restriction or governing-document language has not been independently reviewed. Delaware's legal baseline for age-restricted housing relies on the federal HOPA 80/20 occupancy framework, with no state-specific wrinkle found. Buyers should confirm current age-verification procedures directly with the association.
Pros & Tradeoffs
Tradeoffs & Limitations
As a sold-out community, The Cascades offers no new-construction inventory or builder warranty for new buyers; resale availability may be limited at any given time. A current HOA fee and current resale pricing were not confirmed; current resale pricing will differ from the original high-$400,000s-to-mid-$500,000s launch pricing.
Comparison With Nearby Communities
The Cascades is among the newest 55+ communities in Newark (construction began 2021, versus decades-old build-outs like Traditions at Christiana or the Village of Long Creek), and like Riverbend in New Castle, represents a newer generation of production-builder active-adult development in New Castle County following the earlier Legacy-branded and independently built communities.
Listings
Current Listings
A connected local agent can provide current available resale inventory and recent closed comparables at The Cascades.
FAQs
Questions Buyers Should Verify
- Current, exact HOA fee and everything it covers
- Current resale pricing and available inventory
- The community's actual recorded deed-restriction or governing-document age-qualification language
- Whether any resale inventory remains available versus a fully closed-out resale market
- Is The Cascades age-restricted?
- Yes, Lennar explicitly marketed it as an 'Active Adult 55+' community. Confirm current age-qualification standards directly with the association, as the community's own recorded governing-document language was not independently reviewed.
- Is The Cascades still selling new homes?
- No, the community is sold out as of the last update. Resale listings may occasionally be available.
- How many homes are in The Cascades?
- 113 single-family homes, built by Lennar beginning in 2021.
- What amenities does The Cascades offer?
- A clubhouse with a lounge and multipurpose room, a fitness center, and an outdoor pool.
Sources
- The Cascades - 55+ Community in Newark, Delaware | 55places — accessed 2026-09-17
- Lennar Announces Grand Opening of The Cascades | PR Newswire — accessed 2026-09-17
- New Castle County Property Reassessment and Tax Billing FAQ — accessed 2026-09-17
- Delaware Taxes for Retirees: Is Delaware Tax-Friendly? — accessed 2026-09-17
Interested in The Cascades?
Connect with a local agent who understands the community, current homes, and buying process.
Nearby and similar communities
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