Spence Plantation
Spence Plantation is a luxury gated community situated on the picturesque shores of Lake Murray in Lexington, South Carolina. Known for its upscale, spacious homes and tranquil setting, the neighborhood features tree-lined streets, meticulously manicured lawns, and abundant green spaces that create a peaceful, oasis-like environment. Homes here typically range from 2,400 to over 7,000 square feet, with 4-6 bedrooms, catering to families and those seeking elegant lakeside retreats. The community emphasizes privacy and exclusivity, with many properties offering direct access to the lake, making it ideal for water enthusiasts. As a waterfront enclave, it combines the charm of a safe, friendly neighborhood with the vibrancy of lake living, all within minutes of downtown Lexington. Residents enjoy a strong sense of community, with winding sidewalks perfect for strolls and a location that provides easy access to major highways like I-20 and I-26 for commuting to Columbia or beyond.
Price Range
Home prices in Spence Plantation reflect its premium status as a gated, waterfront community. Typical sales prices start around $500,000 for entry-level properties and can exceed $3 million for luxury lakefront estates. Recent market data shows an average listing price around $1.1 million to $1.8 million, with closed sales medians hovering near $590,000 to $1.1 million depending on the property type and location within the neighborhood. Lakefront homes command higher premiums, often in the upper $1 million to $3 million range, while interior lots or smaller properties may fall in the $300,000 to $500,000 bracket. These figures are influenced by factors like home size, waterfront access, and recent updates, making Spence Plantation a solid investment in the growing Lexington real estate market.
Neighborhood Amenities
Spence Plantation boasts a range of exclusive amenities that enhance its appeal as a lakeside haven. Within the gated community, residents have access to a community boat ramp, a dedicated fishing supply and water sports store, and direct Lake Murray shoreline for boating, fishing, and water activities. The neighborhood’s natural surroundings include lush parks and green spaces ideal for outdoor recreation.
Nearby, the broader Lexington area offers excellent schools in the award-winning Lexington One School District, including Lake Murray Elementary, Pleasant Hill Middle, and Lexington High School. Parks and outdoor venues abound, with Lake Murray providing opportunities for hiking, picnicking, and water sports, plus nearby spots like the Lexington County Recreation Complex.
Shopping and dining options are plentiful at the Old Mill in Lexington, featuring over 20 shops and restaurants. Popular eateries include Creekside Restaurant, Knead Pizza, Rush’s, and Lizard’s Thicket for casual American fare; The Farmhouse Grill and Big Tunas Kitchen for more upscale or local vibes; and Flight Deck Restaurant for a cozy atmosphere with arcade fun. For groceries and daily needs, residents can access nearby stores, libraries, and post offices, making everyday life convenient and enjoyable.
Available Homes
Based on cross-referenced data from multiple sources including Zillow, HUBREC, and other real estate platforms, there is currently one built home for sale in Spence Plantation. This has been verified across sites for accuracy. Note: Several lots (unimproved land) are also available but are omitted here as the focus is on built homes; examples include a 0.41-acre waterfront lot at 156 Spence Shores Ct for $750,000 and a 1.32-acre waterfront lot at 1594 Spence Rd for $1,800,000.
| Address | Type | Brief Description | Beds | Baths | Price |
|---|---|---|---|---|---|
| 1252 Morning Shore Dr, Lexington, SC 29072 | Single-family | Waterfront estate built in 1997 with panoramic Lake Murray views, saltwater pool, hot tub, fitness room, and premium features like natural stone construction and a private dock. Spans 6,734 sq ft across 3.5 levels on 0.67 acres. | 5 | 6 | $3,375,000 |
Realtors with Expertise or Sales in the Area
| Realtor Name | Firm / Brokerage | Rating on Zillow | Recent Sales or Activity in the Area |
|---|---|---|---|
| Bethany Way | Keller Williams Palmetto | 5.0 (49 reviews) | Specializes in Spence Plantation and nearby neighborhoods; 328 total sales (primarily in Columbia, SC area), with no verified recent sales specifically in Spence Plantation. |