Homes & Lots for sale Spence's Plantation - If you’re looking for luxury lakefront living in Lexington, South Carolina, Spence Plantation might just be the hidden
gem you’ve been searching for—or the one you're proud to already call home. Nestled along the pristine shores of Lake Murray, this gated, upscale community offers a blend of stately custom homes, natural beauty, and unmatched access to outdoor recreation, all within minutes of downtown Lexington.
Whether you're buying or selling in the Lake Murray Lexington area, Spence Plantation is a neighborhood that consistently draws high-end buyers looking for space, water access, and community prestige.
Spence Plantation is ideally located on the northwestern shores of Lake Murray, just a short drive from downtown Lexington, SC. Its proximity to major highways like I‑20 and I‑26 makes commuting to Columbia or other nearby towns convenient, while still offering a peaceful, private escape along the lake.
MLS Listings Data: SPENCE PLANTATION
| Total Listings: | 4 |
| Average Price: | $1,146,250 |
| Highest Listing Price: | $1,800,000 |
| Average Days On Market: | 315 |
Houses For Sale SPENCE PLANTATION subdivision Lexington SC. MLS real estate listings for sale in SPENCE PLANTATION Lexington SC by price, street, age, list date, bedrooms & more SPENCE PLANTATION Lexington SC. Currently, SPENCE PLANTATION in Lexington SC has a total of four listings on the local MLS for sale with an average price point of $1,146,250, the max being $1,800,000 and the lowest priced house $750,000. The neighborhood of SPENCE PLANTATION subdivision in Lexington SC has an average house size of %avgSqftDigit% sq ft and the average days on the market in this community is 315.
Real Estate in Spence Plantation: Homes Built for Living and Entertaining
Homes in Spence Plantation are large, custom-built residences—most offering 4 to 6 bedrooms, 4,000 to 7,000+ square feet, and architectural details like:
Grand foyers and soaring ceilings
Gourmet kitchens with granite countertops
Spa-style bathrooms
Expansive porches, decks, and patios perfect for lake views
Many properties are situated on oversized lots (often three-quarters of an acre or more) and include private docks, lake frontage, and stunning views of Lake Murray’s wide-open water.
Home Values and Sales Trends
The luxury market in Spence Plantation continues to perform well, driven by strong buyer demand for lakefront living and a limited inventory of premium homes:
Home prices range from the mid-$500,000s for off-water properties to well over $2.5 million for waterfront estates.
Median sale price for the neighborhood hovers around $590,000, making it one of Lexington’s more exclusive and sought-after addresses.
Why Buyers Love Spence Plantation: Lifestyle & Amenities
This neighborhood isn’t just about impressive homes—it’s about the Lake Murray lifestyle.
Key Lifestyle Features:
Private, gated entrance for added security and exclusivity
Community boat ramp and access to Lake Murray’s 50,000+ acres of water
Local supply stores for boating, fishing, and watersports equipment just down the road
Close proximity to parks, golf courses, and downtown Lexington shops and restaurants
Whether you're fishing at sunrise, cruising on a pontoon, or simply enjoying a glass of wine on your lakefront deck, Spence Plantation delivers the ultimate lake life experience.
Family-Friendly with Top-Rated Schools
Spence Plantation falls within the highly acclaimed Lexington One School District, which includes:
Lake Murray Elementary School
Pleasant Hill Middle School
Lexington High School
Families value this neighborhood not only for its space and safety but also for its access to some of the top public schools in the state.
Demographics & HOA Info
Spence Plantation tends to attract affluent professionals, retirees, and boating enthusiasts who value privacy, space, and upscale amenities. Based on area stats:
Median age: 39–41 years
Average individual income: ~$42,000–$49,000
HOA fees: Around $550 annually, which is relatively low given the quality of amenities and neighborhood upkeep
