With the process of urbanization and post-industrialization, the diversity of regions and their unique cultures have become cultural properties for the competitiveness of cities. The concept of cultural heritage and resources has expanded in recent years. In the past, they were confined to architectural and artistic artifacts, but now, cultural heritage and resources have evolved to include environmental elements, industrial and vernacular construction, urban and rural settlements, and intangible elements related to community activities and ways of life. The community is the carrier of cultural resources and heritage. Cultural heritage sites contribute to the creation of a community’s identity. This multi-layered discussion of community engagements in cultural heritages and resources provides a unique approach to understanding cultural properties as sustainability enablers. This paper intends to go beyond the theoretical assumptions of the role of community cultural resources by studying the target research group, Bukjeong village in Seoul, Korea. The paper focuses on the possibilities of community engagement for sustainable development for urban regeneration. It proposes that cultural sustainability in its broader definition should be derived from the community realities of a particular place or cultural context. This approach must be grounded in the principles of regional networks, urban governance, and community-based activities.