Real estate
BY BAILEY MEYERS
Luxury Spicewood development The Canyon Club is bringing a new home ownership model to the area with several four-bedroom, 3D-printed homes, along with standard ownership opportunities for traditionally built homes and a plethora of luxury amenities. The 60-acre development near Lake Travis consists of 25 homes, including 20 “traditionally” built homes designed by Mark Richardson Architects and ve 3D-printed homes from the 3D building company ICON. The Canyon Club to oer fractional ownership options
3D-printed homes are available for fractional ownership as each purchaser will have access to the property for 12 weeks.
BAILEY MEYERSCOMMUNITY IMPACT
to residents, including a pool and spa, concierge services through Inspirato, sports courts, a putting green, access to Freedom Boat Club, shuttles to local golf courses and wineries, and an open-air event pavilion.
The traditionally built homes include ve- and six- bedroom options, ranging from $2.6 million-$4.2 million. The Canyon Club also oers a variety of amenities
How it works
The details
buyers to be able to buy into The Canyon Club at a quarter of the cost,” said Lauren Swanner, senior sales executive for The Canyon Club. Prices for fractional ownership begin in the low $900,000s and must be paid in cash, Swanner said.
The ve 3D-printed homes from ICON are avail- able for fractional ownership. Each purchaser will own a quarter of the property, which includes 12 weeks of annual usage and the opportunity to rent out the home when it’s vacant during that time. “Fractional ownership is a really great way for
The 3D-printed houses were made using ICON’s Vulcan construction technology system. Homes are built with the 3D printer in four quadrants, with each quadrant serving as a bedroom. After the quadrants are built, dierent trades are brought in to do windows, cabinets and other nishings, Swanner said. Swanner anticipates that the majority of homes will be purchased within the next two years, and the build-out for the development will be completed in three to four years.
Traditional homes
Fractional ownership
Number of owners per house
1
4
Cost Size
$2.6M - $4.2M
Low $900,000s 3,400 square feet
4,480 square feet-5,782 square feet
Number of homes in development
20
5
Construction
Traditional
3D-printed
SOURCE: THE CANYON CLUBCOMMUNITY IMPACT
Courtney Walker, CFP ® Senior Wealth Advisor - HAS JOINED -
2802 Flintrock Trace, Ste B103 Austin, TX 78738 • 512-920-0057 courtney@springlinewealth.com • www.springlinewealth.com Securities and advisory services oered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. Investments • Financial Planning • Estate Planning • Retirement • Business Owner Planning • Insurance Navigate nancial decisions that shape your future - with a plan built to support them.
13
LAKE TRAVIS WESTLAKE EDITION
Powered by FlippingBook