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Waterdance Homes for Sale

$2,590,000
4 Beds ⋅ 4 Baths ⋅ S1068658 MLS
Tucked into the highly sought-after Water Dance community just moments from Lake Dillon, this beautifully updated 4-bedroom, 4-bathroom retreat captures everything buyers love about mountain living. Located in the heart of Frisco, you are perfectly positioned to access world-renowned ski resorts including Breckenridge, Copper, and Keystone within minutes, plus hiking and biking trails, the Frisco Adventure Park, dining, and Main Street Frisco. Filled with natural light, the home perfectly blends modern updates with warm mountain charm. Gorgeous vaulted ceilings with wooden beams create the inviting mountain atmosphere buyers dream about bright, open, and instantly comfortable. The thoughtfully designed layout features two primary suites with walk-in closets, including one on the main level. A front bedroom offers flexibility for a home office, guest suite, or additional living space. Upstairs offers additional bedrooms and bathrooms, including a stunning second primary suite with an upgraded oversized closet and spacious bathroom featuring a double-sided fireplace. Two separate washer/dryer hookups add convenience, while the oversized two-car garage offers exceptional space for vehicles, mountain gear, bikes, and outdoor equipment. The heart of the home is a huge kitchen island designed for gathering, entertaining, and unforgettable aprs-ski evenings, paired with a beautifully updated kitchen, pantry, and seamless flow into a spacious dining area. Experience breathtaking Peak 1 views from your patio and private outdoor setting on a spacious lot just under half an acrean increasingly rare find in Frisco. Enjoy grilling, relaxing in the hot tub, and peaceful mountain evenings beside the tranquil waterfall and pond feature under the stars. Offered turn key and fully furnished with housewares and essentials already in place, this is a true start-enjoying-it-now opportunity just in time for making lifelong Colorado mountain memories this summer.

590 Water Dance Dr, Frisco
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Waterdance Real Estate | Tucker Zimmerman, Slifer Smith & Frampton

The Waterdance neighborhood in Frisco sits along the shores of Lake Dillon and near the Frisco Marina, offering some of the most scenic settings in town. Known as one of the most exclusive and expensive areas of Frisco, Waterdance combines luxury living with unmatched access to nature. Listings here are few and far between, making this one of the most desirable and competitive neighborhoods in Summit County. I am Tucker Zimmerman, a Frisco local and 10-year real estate agent, specializing in helping buyers and sellers in Frisco and throughout Summit County.

Boundaries and lifestyle

Waterdance is located just south of Main Street, stretching along Dillon Reservoir and near the Frisco Adventure Park. It combines lake access, trail connectivity, and easy proximity to Frisco’s restaurants and shops. The neighborhood offers a mix of quiet residential streets, natural open space, and direct Rec Path access for biking and walking along the lake.

  • Lakeside living with panoramic views of Dillon Reservoir and surrounding peaks
  • Steps to the Rec Path and Marina for paddleboarding, sailing, and biking
  • Easy access to downtown Frisco, I-70, and Highway 9
  • Near the Frisco Adventure Park for year-round recreation

Property types and building eras

Waterdance features a blend of upscale single-family homes and luxury townhomes. Many homes were built from the 1990s onward, with newer properties offering high-end finishes, large windows, and expansive decks to take advantage of lake and mountain views. The neighborhood is considered one of Frisco’s premier luxury enclaves, with architectural styles ranging from mountain-modern to traditional alpine.

Who this area fits

  • Buyers seeking a true lakeside lifestyle with trails and recreation outside their door
  • Luxury homebuyers looking for exclusivity and premium property options
  • Second-homeowners wanting a high-end mountain retreat close to downtown
  • Full-time residents who value quiet surroundings, views, and convenient access

Considerations when buying here

  • Inventory: Listings in Waterdance are limited and competition can be strong. Buyers should be ready to act quickly when a property comes available.
  • Views and exposure: Lake and mountain vistas vary by home placement. Premium homes maximize these exposures.
  • HOA rules and dues: Waterdance has both single-family and townhome associations. Amenities, fees, and maintenance responsibilities differ.
  • Seasonal activity: Proximity to the Marina and Adventure Park means more visitor traffic in summer and winter.
  • Rental restrictions: Verify specific HOA and town regulations before purchasing.

Short-term rentals

Short-term rental eligibility depends on the specific home and is subject to the Town of Frisco licensing caps. Confirm HOA rules and availability before you buy. Review my overview here: Summit County short-term rental regulations.

Getting around

From Waterdance you can easily walk or bike the Rec Path, connect to Main Street in minutes, and access Summit Boulevard and I-70 for regional travel. Downtown shopping, dining, and services are close at hand, and Copper Mountain is just a short drive away.

Return to the Frisco Neighborhood Guide.

For expert guidance in the Waterdance area, contact Tucker Zimmerman, Summit County specialist with Slifer Smith & Frampton Real Estate.

Ready to explore real estate in Waterdance? Contact Tucker Zimmerman, Associate Broker with Slifer Smith & Frampton Real Estate.
(303) 907-9129 | TZimmerman@SliferSummit.com | SoldInSummit.com