Short-term rentals in Frisco and Silverthorne

Frisco and Silverthorne sit in the middle of Summit County, close to several ski areas and to Lake Dillon, which makes them a practical base for skiing in winter and for paddling, cycling and hiking in summer. The short drive from Denver brings strong weekend demand. Condos and townhomes dominate, alongside single-family homes in Frisco's older streets and Silverthorne's newer developments.

Frisco: capped and waitlisted

Frisco limits short-term rental licenses to 25 percent of its residential housing stock. The cap was reached in February 2023, and new applicants now join a waitlist; the town reports recent waits of more than a year, and when a license opens the applicant has fourteen days to complete the file. Licenses renew each spring. Owners who had a building permit submitted, or a unit under contract, by October 11, 2022 may qualify for an exemption.

Silverthorne: three areas, two caps and one ban

Silverthorne divides the town into three areas. Most neighborhoods are capped at a small share of their units; the town core and riverfront allow a much larger share; deed-restricted areas prohibit short-term rentals entirely. An August 2026 local summary showed real capacity left in the core and very little elsewhere. Licenses do not transfer when you sell, the number must appear in every ad, occupancy is limited by bedroom count, a duplex owner must give the other half written notice before applying, and a town lodging tax applies to every stay.

Dillon and the unincorporated county

Dillon itself does not cap licenses, but many properties with a Dillon address, including Dillon Valley and Summit Cove, are in unincorporated Summit County. There, the county applies an uncapped resort overlay and a neighborhood overlay split into basins with caps and a yearly limit on bookings; most basins are full and waitlisted. Always check the jurisdiction on the county map.

Taxes and associations

State, county and town sales taxes apply, plus lodging taxes where levied. Platforms collect the state-administered taxes on their bookings, while home-rule towns often require their own returns. Condominium associations here are active and frequently impose minimum stays or rental rules.

Our advice

Treat the license as the first item of due diligence, then the HOA, then the price. In Silverthorne, target the core area if nightly renting is the goal. We study every request and tell you honestly whether and how we can help.