Reserve at Cypress Point is a gated community in Dr. Phillips (Orlando), Florida. Homes range from 2,900 to 7,100 square feet. Amenities include a playground and tennis courts. Cypress Point is a magnificent community set on a peninsula that divides Lake Tibet Butler and Lake Sheen. Resting along the lake are many of Orlando's finest estate homes, each located on more than one acre of beautifully landscaped property.