Neighborhood

The Reserve at Frisco

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.

Before you write the offer

STR Waitlisted

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.

Transfer Tax
1% Town of Frisco Real Estate Investment Fee (REIF), due at closing; Locals' Exemption available for qualified 12-month residents
Special Districts
None
Ski Access
Drive to resort
HOA Design Review
Strict
Wildfire Risk
Elevated
Build-out
Active build-out
Transit Access Moderate

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.

Gated Community

A finite, platted enclave rather than an expanding development. Supply does not 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 is 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.

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What makes this neighborhood unique

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 does not 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.

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