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The Canyon Club, a new luxury development in Spicewood, will offer fractional ownership for five four-bedroom, 3D-printed homes in the development, along with full ownership opportunities for traditionally built homes and a plethora of luxury amenities.
The overview: The Canyon Club is a 60-acre development near Lake Travis consisting of 25 homes, including 20 “traditionally” built homes designed by Mark Richardson Architects and five 3D-printed homes from the 3D building company ICON.
The traditionally built homes include five- and six-bedroom options, ranging from $2.6 million-$4.2 million. Prices for fractional ownership, available for the five 3D-printed homes from ICON, begin in the early $900,000s and must be paid in cash, senior sales executive Lauren Swanner said.
How it works: Each purchaser will own a quarter of the property, which includes 12 weeks of annual usage and year-round membership benefits within the community.
What’s next: 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.
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