ABSTRACT At a local level, the role of urban green spaces for tackling sustainability issues has received renewed attention, in line with a wider shift in thinking which places cities at the heart of sustainable development action. In parallel, funding for green space provision has reduced, prompting Local Authorities to reimagine how green spaces are governed, including transferring authority to communities. Preference for community-led green spaces is frequently justified with reference to normative arguments derived from “commons” theory, which advocate for self-governing institutions as effective means of managing local resources. What is lacking in this literature is a contemporary focus on urban settings, operational prescription, and an awareness of the real challenges facing self-governance. To fill this gap, the different interactions with, and claims over, a self-governed nature reserve in Bristol, UK, are investigated; alongside the operational and legal mechanisms deployed in its governance and management. Findings reveal that governing commonly held green space in an urban context is highly complex and requires reconciling a multiplicity of claims, interests, and values. This manifests in tensions and challenges for governance, including trade-offs between autonomy and wider support, problematic decisions around prioritisation; and difficulty in establishing and legitimising norms whilst advocating for shared use. This deep empirical case provides valuable insights for policymakers and theorists as they continue to make decisions concerning the future of urban green spaces, in different localities and across scales.