_ Gulch Valley Dr, Spicewood, TX 78669

In the rolling hills of Spicewood, on a legendary tract of land just outside Austin, a new standard for private living is being established: Loraloma.

This is an enclave architected for legacy—a private community where curated experiences and thoughtful design converge with the soul of the Texas Hill Country.

Now open, the centerpiece of Loraloma makes its global debut: a private championship golf course by David McLay Kidd, the world's most sought-after golf architect. As its inaugural season commences, founding members will be the first to play this 18-hole links-style masterpiece, a privilege reserved exclusively for residents. Beyond the course, the estate offers a lifestyle of serene adventure, from a natural swimming grotto and a private river club on the Pedernales to a 40-mile network of equestrian trails.

The Limestone Residences at Loraloma are expertly built spec homes by the development team. Designed inside and out by Denton House, this enclave of three-bedroom homes were purposefully placed into the hillside overlooking Limestone Gulch, where you will find Loraloma’s “best of Texas” amenities including a natural swimming hole, fishing pond, and Fieldhouse which will offer fitness, spa, dance hall, taproom, and more.

One of just a few remaining for sale, Limestone Residence 3 is a perfectly designed walkout plan with a primary suite on the main level and two bedrooms + den on the lower level. A massive open living/kitchen area is wrapped on three sides with a covered terrace. The lower level offering privacy for family and guests, walking out onto its own covered porch.

Site work has already commenced on these homes. Claim one of the last remaining Limestone Residences today and pick from three carefully curated interior finish options.

At $2.35 million, _ Gulch Valley Dr puts you into one of the few new construction opportunities in Loraloma, with 2,685 square feet priced at $875 per square foot on a 0.2575-acre homesite in Spicewood, TX 78669. _ Gulch Valley Dr is a 2026 single family residence with 3 bedrooms, 3 full baths, 1 half bath, and a layout that fits buyers who want low-maintenance luxury without giving up privacy, views, or access to major amenities.

This part of Loraloma stands out because the lifestyle is built around the land itself. The homes are set above Limestone Gulch in the hills of Burnet County, with direct access to a private David McLay Kidd golf course, a major point of difference for buyers who care about long-term value and identity within the community. Residents are also positioned near the Pedernales River club, a natural swimming hole, a fishing pond, and the Loraloma Fieldhouse, which is planned to include fitness, spa, social, and recreation spaces. That matters because daily life here is not defined by being packed into a dense resort setting. It is defined by space, quiet, and amenities you can actually use.

Inside the numbers, this home makes sense for buyers looking for a lock-and-leave Hill Country property or a primary residence with modern construction. Three bedrooms and 3.5 baths give enough separation for guests, while 2,685 square feet keeps the footprint efficient relative to larger estate homes nearby. A 2026 build also means updated systems, current design standards, and less near-term maintenance than an older luxury property in Spicewood. At 110 days on market, buyers have had time to study the offering, which usually signals a market where negotiation and fit matter more than speed alone.

From a location standpoint, Loraloma gives you a Hill Country setting with access to the Austin orbit, while still feeling removed from the congestion closer to the urban core. Spicewood has long appealed to buyers who want water, golf, and top-end custom communities without the constant traffic of central Austin. School district information is not listed for this address, so buyers with school-specific priorities should confirm current zoning and campus assignments before making a decision.

For the buyer who wants a new luxury home tied to golf, river access, and the next chapter of high-end growth in Spicewood, _ Gulch Valley Dr lines up as a property with real staying power.

Loraloma is being built on 1,300 acres atop the Balcones Escarpment above Lake Travis, making it the largest new private community in the Hill Country west of Austin. The escarpment drops several hundred feet to the lake surface, which means the elevation produces views that most Austin-area neighborhoods cannot physically replicate. Every home sits above 1,000 feet, and the western lots look out across miles of open Hill Country.

The community is in Spicewood, zip code 78669, roughly 30 minutes northwest of downtown via Highway 71. Bee Cave and the Galleria district are about 15 minutes southeast, and Marble Falls is 20 minutes northwest. Lake Travis marina access at Pace Bend is approximately 12 minutes. Spicewood has historically been ranch country, and Loraloma sits where Austin's western growth meets the open land that longtime residents have known for decades. Austin-Bergstrom airport is about 45 minutes via Highway 71.

Every home is new construction from 2024 forward. Hill Country Modern architecture leads at roughly 35 percent, featuring clean lines, expansive glass, native stone, and low-slope rooflines that frame views rather than compete with them. Texas Ranch Contemporary accounts for about 25 percent, blending traditional ranch proportions with modern interiors. Lot sizes run one to three acres for most homesites, with estate lots exceeding five acres. Pricing starts in the low $2 millions for smaller lots with builder packages and climbs past $5 million for panoramic escarpment positions.

Lake Travis ISD serves Spicewood, and families will attend schools in that district. Lake Travis High carries strong academic and athletic reputation. The drive from the community is approximately 20 minutes. Private options in the Bee Cave and Lakeway corridor are within commuting distance. This is not a five-minute school drop-off. Families who prioritize walkable school proximity should factor that in.

The lifestyle is built around land, views, and outdoor access. An equestrian center and amphitheater are part of the amenity plan, along with miles of internal trails. Pedernales Falls State Park is 25 minutes away with excellent hiking and swimming. Pace Bend Park on Lake Travis provides cliff jumping and boat access. Krause Springs, a spring-fed swimming hole, is about 20 minutes away. Hamilton Pool Preserve is a 15-minute drive. For dining, Apis Restaurant in Spicewood delivers fine dining with local ingredients. Opie's BBQ serves brisket that locals swear by. Poodie's Hilltop has live music and cold beer. Flat Creek Estate Winery offers tastings and vineyard dinners, and Blue Bonnet Cafe in Marble Falls has served pie since 1929.

Loraloma occupies a category that did not previously exist here. It is not a golf community like the Hills or Spanish Oaks, nor a marina community like Rough Hollow. The closest comparison is Horseshoe Bay, but Loraloma is 30 minutes closer to downtown. Compared to Bee Cave subdivisions like Falconhead or Sweetwater, the acreage is dramatically larger and the density dramatically lower. The development plan preserves over 60 percent as open space.

Loraloma makes sense for buyers who have moved past the question of downtown proximity and are optimizing for land, privacy, and natural beauty. Families with flexible work arrangements will find the location comfortable. The community is in its earliest phase, so you are buying into a vision as much as a finished product. But the land is the asset that cannot be replicated. The escarpment is not getting any bigger.