Festuca grass, a multipurpose and vital resource, is experiencing crises of sustainability and degradation due to increased demand and mismanagement. Through a survey research approach, this study aimed to develop sustainable management and utilization strategies for Festuca grass. We employed purposive and random sampling techniques for data collection, focusing on the Festuca grass potential in Borena‐Sayint Worehimenu National Park. Interviews, key informant surveys, focus group discussions, and field observations were also conducted. We employed quantitative and qualitative data analysis techniques to ensure a comprehensive approach to deriving insights from the collected data. The findings indicate that Festuca grass has a lifespan of two to four years and fully matures within two years. Products derived from Festuca grass vary according to the maturity level. The results also highlight the demand for Festuca grass and the potential availability of market demand. Harvesting frequency, inappropriate management practices, biased resource sharing, and unauthorized exploitation are basic challenges related to grass resource sustainability. The establishment of certified user groups, domestication of private stocks, revision of resource‐sharing protocols, and periodic monitoring are among the possible potential strategic utilization options identified by user groups. A modified strategic framework for the sustainable management and utilization of Festuca grass was developed. This framework outlines four dominant management clusters that are interconnected with each other. Sustainable management of Festuca grass contributes to both environmental conservation and community wellbeing. It advocates for inclusive, community‐based approaches that balance ecological preservation with socioeconomic needs. The sustainability of Festuca grass resources is precarious and could face a significant decline or total loss if the current management practices remain unchanged in the coming decades. To ensure the effective utilization and management of Festuca grass, it is imperative to implement periodic resource monitoring, conduct stakeholder meetings, and apply a sustainable management framework. The responsibility for sustaining Festuca grass resources lies with governmental organizations, academic and research institutions, nongovernmental organizations, professional associations, and user communities.