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.
The Canyon Club also offers a variety of amenities 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.
How it works
The five 3D-printed homes from ICON are available for fractional ownership. Each purchaser will own a quarter of the property, which includes 12 weeks of annual usage and year-round membership benefits within the community.
One benefit of fractional ownership includes the opportunity to rent out the home when it is vacant during an owner’s 12-week period, said Lauren Swanner, senior sales executive for The Canyon Club. The Canyon Club offers a vacation rental program that includes home management, maintenance, cleaning, guest services and guest arrival preparation.
“Fractional ownership is a really great way for buyers to be able to buy into The Canyon Club at a quarter of the cost,” Swanner said. “It’s a great way to come and make some memories, and then also have it be income-producing when you’re not there.”
Prices for fractional ownership begin in the early $900,000s and must be paid in cash, Swanner said.
The details
The 3D-printed houses were made using ICON’s Vulcan construction technology system.
The ICON homes at The Canyon Club are built with the 3D printer in four quadrants, with each quadrant serving as a bedroom. After the quadrants are built, different trades are brought in to do windows, cabinets and other finishings, Swanner said.
3D-printed homes are also “very energy-efficient,” Swanner said.
“Even in 90-degree showings, I typically don’t have to adjust the thermostat,” she said. “In the middle of the Texas heat, the electric bills are only around $80 a month.”
ICON has produced over 240 3D-printed homes, including a 100-home community in Georgetown as well as homes in Wimberley and Austin, Jared Kuhn, vice president of real estate at ICON, said in an email. ICON has also built homes at Community First! Village for unhoused populations in Austin.
“We have heard firsthand how homeowners talk about the energy efficiency, comfort and overall quality of their homes, which really reinforces the value of what we’re building,” Kuhn said.
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.
