[1] According to local family lore, poet Robert Frost spotted this property on the west side of Franconia's Ridge Road in 1915 while looking for a home in the area.

It remained a private residence until The Frost Place was founded in 1976 when the farm was purchased by the town of Franconia, restored, and given its name, opening as a museum in 1977.

[3][7] Past winners include Jill Osier, Lisa Gluskin Stonestreet, Anders Carlson-Wee, Tiana Clark, Yuki Tanaka, Cassandra Bruner, Aa Hee Lee, and Ethan Chua.

In 2024, The Frost Place hired poet Patrick Donnelly to lead as Program Director.

A board of trustees assumed responsibility for the management of the museum and associated programs, and Donald Sheehan served as executive director until 2005.