No, you're not seeing things. This is the Disc-equipped version of our recently featured ALR 5: bespokecycling.com/build-gallery/trek-emonda-alr-5
Like it's twin, this is a superb lightweight aluminium climber, here trading a just a little over 100g of extra weight to include disc brakes for superb stopping power in all weathers and on those long descents.
Aside from the brakes the build is very familiar, Shimano 105 provides reliable 2x11 shifting and Trek's H2 fit gives a sporty yet endurance-focused position that makes this bike a pleasure to fit.
If you're looking for light weight and value, this setup is hard to beat.
photos by Bence Bujaki