Is this neighborhood of Frisco Colorado homes the best in Frisco?

Waterdance townhomes and Wooden Canoe at Waterdance 

Those who own other Frisco real estate might argue with you, but let’s look at Waterdance and see what we find.  

Those looking to buy homes in Frisco, Colorado, often consider the Waterdance subdivisions.  Wooden Canoe at Waterdance is actually the name of the subdivison of the single family homes.  The 40 Waterdance Townhomes were built first, in 1994, with the original selling prices in the mid $200s.  They range in size from about 2500 square feet to almost 3000 square feet, with three or four bedrooms.  Today they sell between $600,000 and $800,000+, depending on location.   They have plenty of space on three levels, and are an easy place to live on a full time basis, although many of the owners use them as second homes.  Living in a townhome does mean that you pay reasonable homeowner association dues of $275 a month, but it also means that you don’t have to deal with exterior maintenance.  Many second home owners prefer townhomes for that reason. 

Once the Waterdance townhomes were sold, the developer, the Temple family, then subdivided the rest of the land into 55 lots and sold Wooden Canoe at Waterdance to people who wanted to build custom homes.  The developer built a few houses, but most were custom homes with a few built as “spec” homes by local builders.  A few vacant lots are still scattered through, but most have now been built on. 

One Waterdance home is for sale at the present time,

with a list price of $1,350,000.  Neither of these photos show it, with one being the townhomes and the other typical single family homes in the neighborhood.  No sales of any single family homes have been reported in the last year, but in the year prior, 5 homes sold, priced between $1,312,500 and $1,650,000.  Dues of $100 a month cover trash pick up and common area maintenance.  Several water features are part of the common area, with a trout pond and a couple of streams running through the neighborhood. 

Pine beetle is now affecting Frisco, but it actually has improved the Waterdance subdivisions.  Many of  the trees that blocked the lake view for the homeowners were infested and were removed.  All the homes had plenty of landscaping added when they were built and it has helped to make up for the larger trees that were cut down.  Mountain views are also plentiful, with most lots having great views of Peak One and Buffalo.

The bike path is west of the subdivisions and cross country trails connect through the neighborhood to the Frisco nordic center on the south side.  The lake is to the east.  North of the townhomes is an area of wetlands that has a conservation easement on it so that it cannot be developed and will always stay as open space.  These particular wetlands had enough dry land that it was considered as a possible development location.  The Continental Divide Land Trust holds the conservation easement and is charged with defending it if development is ever considered again. 

These homes in Frisco are convenient to town, being just a few blocks away from Main Street with many great restaurants and retail stores.  The library, hospital, senior center and Safeway are all nearby, and of course, four world class ski resorts are within 15 or 20 minutes.    Ask any Waterdance homeowner, and they will vote for the  label of “Best neighborhood in Frisco”.  I will write about another popular Frisco neighborhood, The Reserve at Frisco, in the next week.

If you enjoyed this, read more about other Frisco neighborhoods,  Lagoon Townhomes and Mountain Side Subdivisions.

Posted by Summit County Real Estate Agent Joanne Hanson at 10:09 am in Summit County Real Estate, BlogRush. Subscribe to comments RSS feed.

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