FALMOUTH — After a year of negotiations, the Plummer-Motz and Lunt school properties have been sold to the OceanView retirement community.

The sale of the three schools closed Feb. 27, said Chris Wasileski, spokesman for OceanView. The year-long process of obtaining proper state and town permits for the property, as well as the transfer of a parcel of land, culminated in a $3.25 million sale.

Wasileski said the next step in the process is exploring possibilities for the three buildings located on Lunt Road.

The Lunt School is already designated for medical offices and OceanView is beginning to look for tenants and converting the space. The back, vacant part of the Lunt School lot, which was formerly a portable classroom, will be developed into a 24-unit Alzheimer’s and dementia care center, which is the first of its kind for OceanView, Wasileski said.

For the time being, the town will retain use of the Plummer-Motz school complex for its community programs while OceanView works on plans for redevelopment. Wasileski said the company is waiting to hear from the board of the Memorial Library on whether the library will move to the property or stay at its current 5 Lunt Road location.

If the library does not to move to the OceanView site, Wasileski said his company is looking into the option of creating affordable senior housing or partnering with the town on a community or senior center.

Overall, Wasileski said working with the town was a very positive experience.

“Working with Theo (Holtwijk) and Nathan (Poore) and town staff like Lucky (D’Ascanio) and Mike (McDade) has been excellent,” he said. “We are continuing to meet with them as we work on property transfers.

Town Manager Nathan Poore said the town is very excited that the sale is finally complete.

“I think it is exciting to have a partnership with OceanView,” he said. “The town remains very pleased to be working with OceanView through the redevelopment process.”

Redevelopment work on the property could begin as early as this summer.

Amber Cronin can be reached at acronin@theforecaster.net or 781-3661 ext. 125. Follow her on Twitter @croninamber.