Neighborhood
The Reserve at Frisco is the town's gated luxury enclave of custom single-family homes on larger, forested lots near Walter Byron Park on the northwest side. A finite, platted community, not a development that keeps expanding, with the rec path and Main Street minutes away.
Town of Frisco (25% of housing stock, 900-license cap reached; active waitlist, roughly 12 to 14 months as of early 2026)
Frisco's single STR license type is non-transferable on sale, so a new owner starts fresh on the waitlist. License $250/year, renews April 30, total STR tax 15.725%. As a gated community, The Reserve's covenants may further limit or prohibit short-term rental regardless of the town cap; confirm both before underwriting any rental use.
The Reserve is inland on the northwest side, a short drive from Main Street and the transit core. The free Summit Stage bus and the 55-mile rec path are both close by, but daily life here leans more on the car than a downtown or lakefront address does.
A finite, platted enclave rather than an expanding development. Supply doesn't flex to meet demand the way the downtown condo market does, so listings are infrequent and tend to draw qualified interest quickly.
The Reserve at Frisco is the town's gated luxury enclave, a small collection of custom single-family homes set into the higher, more forested ground near Walter Byron Park on the northwest side of town. Larger lots, mature lodgepole pine, and a deliberate separation between homes set it apart from the denser grid below, while the rec path and Main Street remain only minutes away.
This is a finite enclave, not a development that keeps expanding.
It's the address Frisco buyers name when they want room, privacy, and a gated sense of arrival without giving up the walkable town. Streets like Windflower, Lupine, Primrose, Larson, and Rose Crown define the neighborhood, and because the enclave is platted and finite, a listing here tends to draw serious, qualified interest the moment it appears.
The Reserve at Frisco is the town's gated luxury enclave of custom single-family homes on larger, forested lots near Walter Byron Park on the northwest side. It's a finite, platted community rather than an expanding development, with the rec path and Main Street minutes away.
The Reserve at Frisco is all custom single-family homes on larger lots with mature lodgepole pine and deliberate separation between homes. As a finite, platted enclave, supply doesn't flex to meet demand, so listings are infrequent and tend to draw qualified interest quickly.
Two limits stack here. The Town of Frisco caps STR licenses at 25 percent of the housing stock, and the 900-license cap is reached with an active waitlist of roughly 12 to 14 months as of early 2026; the license is non-transferable on sale. On top of that, as a gated community The Reserve's covenants may further limit or prohibit short-term rental, so confirm both before underwriting rental use.
Yes. The Town of Frisco charges a 1 percent Real Estate Investment Fee (REIF), due at closing, with a Locals' Exemption available for qualified 12-month residents.
Terrain & Access
Real topographic terrain and satellite imagery of The Reserve at Frisco, with the approximate neighborhood boundary and The Reserve at Frisco marked. Toggle layers at the top-right, then pan and zoom to see how the homes sit to the terrain, the trails, and town.
In the Area
Infrastructure, development, and access news from around Frisco that shapes ownership here, with my read on why each one matters.
Frisco authorizing the Granite Park project and other downtown housing is the town investing in the people who run its restaurants, shops, and services. For a second-home owner, a town that keeps its workforce nearby is one that stays open, staffed, and livable year-round, which is easy to overlook and genuinely shapes the experience of owning here.
SummitDaily.comThe most disruptive phase of the Floyd Hill rebuild is now behind us, so the daily traffic holds that have shaped weekend timing should ease from here, with the new roadway alignment set for 2028 and the full corridor finished in 2029.
Colorado Department of TransportationIf you're weighing a large-acreage parcel outside the town limits, the county is making rezoning faster and less expensive, which matters most when a property's best use doesn't line up with its current zoning.
KPCWThe Reserve at Frisco
The Reserve at Frisco
Off-Market Access
The Reserve is a finite, platted enclave, so listings here are infrequent and tend to draw qualified interest quickly. Tell me what you're after and I'll bring you the off-market and pre-market opportunities here before they surface publicly.
The Reserve is the address Frisco buyers name when they want square footage, privacy, and a gated sense of arrival without trading away the walkable town that makes Frisco Frisco. It sits on higher, more forested ground near Walter Byron Park on the northwest side, where larger lots, mature lodgepole pine, and deliberate separation between homes set it apart from the denser grid below, while the rec path and Main Street stay only minutes away.
The homes are predominantly custom-built single-family residences on generous parcels, and the architecture skews newer, substantial mountain-contemporary and timber-frame builds rather than the legacy cabins of older Frisco. Streets like Windflower, Lupine, Primrose, Larson, and Rose Crown define the neighborhood. Inventory is limited by design: this is a finite, platted enclave, not a development that keeps expanding, so supply doesn't flex to meet demand the way it does in the condo market downtown.
The setting is part of the appeal and part of the diligence. The Reserve is more forested and higher than the flat Main Street core, which is why its long-term wildfire risk reads a step above the in-town grid, something worth factoring into insurance and mitigation planning. As a gated community it carries covenants and an HOA, and lot sizes and building envelopes vary across the enclave, so anyone planning to build or remodel should confirm both early.
Short-term rental here is doubly constrained. Frisco's town cap is reached with an active waitlist, the license is non-transferable on sale, and on top of that the community's covenants may further limit or prohibit STR use. The buyers who hold in The Reserve treat the property as a primary or long-term lifestyle asset rather than a rental play, and the finite supply means the right buyer often has to be ready to move when a home appears rather than wait for the next one.
Neighborhood
Downtown Frisco
Downtown is the walkable Main Street core with the widest range of product in town. Choose downtown for walkability and an entry-level path into Frisco; The Reserve for privacy, larger lots, and a gated custom-home setting.
Neighborhood
Frisco Lakefront on Lake Dillon
The lakefront neighborhoods lead with water access and views east of Summit Boulevard. Choose the lakefront for the reservoir at your door; The Reserve for acreage, trees, and seclusion inland.
Neighborhood
Water Dance
Water Dance is a rare lakeside-adjacent enclave near the Peninsula with private ponds. Both are scarce, high-end, and gated in feel; choose Water Dance for the lake-and-Nordic setting, The Reserve for larger inland lots near Walter Byron Park.
Neighborhood
Bill's Ranch
Bill's Ranch is the wooded, no-HOA cabin neighborhood outside town limits. Choose Bill's Ranch for eclectic character and no design review; The Reserve for a gated, covenant-protected enclave of new custom homes.
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