Spence Plantation Homes for Sale
2 homesgated communityCommunity Highlights
- Gated Lake Murray setting with both interior lake-access and waterfront opportunities.
- Estate-sized homesites generally run from about 0.67 to 0.88 acres.
- Custom-home positioning with basements, multilevel plans, and substantial renovation activity in the improved properties.
* Based on what we noticed in listing details.
Spence Plantation is a compact gated enclave on the Lake Murray side of Lexington where the housing stock skews large, private, and water-oriented.
Community Highlights
Spence Plantation is a compact gated enclave on the Lake Murray side of Lexington where the housing stock skews large, private, and water-oriented. Current offerings run from a cleared interior homesite of roughly 38,332 square feet to a $3.25 million waterfront residence, giving the neighborhood a distinctly estate-scale profile.
Lake Murray is the defining feature. Morning Shore Drive includes a residence with 215 feet of shoreline, panoramic water views, a dock, and a boat lift, while interior property on Due West is marketed with community dock and boat-ramp access. Homes here were built between 1997 and 2000 and sit on sites of about 29,185 to 32,234 square feet, or roughly two-thirds to nearly nine-tenths of an acre, which creates a low-density layout rarely matched in newer Lexington neighborhoods.
The architecture reads as custom rather than uniform. One home is finished in natural stone and spans more than 6,700 square feet across 3.5 levels, while another is described as all brick with a 2020 redesign that updated the kitchen, primary bath, flooring, lighting, and fixtures. Basements appear frequently, and homes in the neighborhood emphasize high ceilings, double staircases, chef's kitchens, large primary suites, wet bars, and generous garage space with room for boats or home-gym use.
Amenities & Lifestyle
Spence Plantation leans on lake access and private outdoor amenities rather than a long list of shared recreation facilities. Marketing highlights lake views, covered patios and porches, terraces, sport-court space, and multilevel layouts that open to the outdoors. Renovation work is part of the neighborhood story as well, bringing quartz countertops, double ovens, remodeled baths, upgraded lighting, and large pantry or storage areas into the mix.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Fair conditions for both buyers and sellers. Room for negotiation.
Need more data to compare year-over-year
Market Statistics
The Spence Plantation real estate market shows strong seller's market conditions. Homes typically sell within days. With 1 active listings and 0 homes sold in the past year, Homes sell quickly, often with multiple offers.
Pricing
Median Price:$3,250,000
Average Price:$3,250,000
Property Details
Avg Bedrooms:5.0
Avg Bathrooms:5.0
Market Activity
Active Listings:1
Sold Last Year:0
Median Days to Sell: days
Community Info
Has HOA:No
Median Year Built:1997
New Construction:0%
Recently Off Market Properties
3 propertiesLooking for similar properties?
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