
The Code, a boutique hotel-condo hybrid where people can either buy fully furnished suites or book them like a hotel, is now open on South Lamar in Austin’s Zilker neighborhood at 2323 S. Lamar Blvd. The five-story property offers studio through two-bedroom layouts and hotel-level services, including a rooftop terrace, 24-hour concierge, and a temperature-controlled pool. Developers are pitching the project as a turnkey option for owners who want both a home base and the ability to generate income without running a traditional vacation rental.
Developer Pearlstone Partners built the project, and AvantStay operates the property, according to Pearlstone Partners. The developer’s project page lists 179 fully furnished residences that can be either purchased or booked, and PR Newswire notes that sales are being managed by The Portfolio Edition with Christie’s International Real Estate while AvantStay handles on-site operations. The Code is marketed as a flexible ownership model that combines residential finishes with professional hospitality services.
Design and amenities
Interiors were created by Kim Lewis Designs, and suites are fully furnished in partnership with Williams-Sonoma, as reported by CultureMap. Shared amenities include a temperature-controlled pool with a tanning ledge and outdoor kitchen, a rooftop deck with skyline views, co-working spaces, a resident lounge, and secure parking, per Hotel Online. The property also includes two themed live-work suites, Zephyr and Montage, designed for groups and creative retreats, according to industry coverage.
Coffee, bookings, and pricing
The ground-floor lobby lounge will serve coffee and cocktails by Cuvée Coffee, and WhatNow reports the café will open to the public beginning May 1. Guests can book stays through AvantStay or the property’s reservations page, and PR Newswire lists studios starting in the low $400,000s, with two-bedrooms priced from the $800,000s. Interested buyers can contact the sales team by phone or via the official website for availability and showings.
What it means for Austin
The Code arrives as Austin has tightened short-term rental rules, moving STR licensing into the business code and increasing platform enforcement, according to reporting by KUT. That regulatory backdrop helps explain why developers are rolling out professionally managed, hotel-style ownership as an alternative to dealing with neighborhood caps and licensing hurdles. For buyers who want the flexibility to travel while keeping a home in Austin, The Code is being positioned as a lower-friction option.
For details on units, bookings, and ownership, visit thecodeaustin.com or contact the sales line at 512-900-3186. As The Code settles in on South Lamar, its mix of hospitality services and turnkey condo ownership will serve as an early test of a model that several developers are now pitching across Austin and other high-demand markets.









