Lake Murray Luxury Real Estate Market Highlights

Lake Murray continues to prove itself as one of the Southeast’s premier destinations for luxury lakefront living. With more than 650 miles of shoreline and a reputation for incredible sunsets, boating, and resort-style amenities, it’s no surprise that high-end properties here are commanding strong attention and premium prices.

In recent months, the Lake Murray luxury market has seen remarkable activity, with sales ranging from $2 million to over $8 million. Here’s a look at some standout transactions:

Recent Lake Murray Luxury Sales:

  • 209 Mariannas Ct (Lexington) – Closed at $2.15M | 4,552 sqft | Renovated with private dock & pool.

  • 107 Crowne Pointe Dr (Lexington) – Closed at $2.1M | 3,177 sqft | Achieved $661/sqft and sold immediately at full price.

  • 104 Dogwood Ln (Hallmark Shores) – Closed at $2.85M | 6,083 sqft | Brand-new showcase home with modern luxury finishes.

  • 108 Harvest Moon Dr (Harbour Watch) – Closed at $2.05M | 6,891 sqft | Renovated estate featuring a pool, dock, and lake views.

  • 1557 Counts Ferry Rd (Lexington) – Closed at $2.075M | 2,730 sqft | Renovated to perfection, achieving $760/sqft in just 3 days.

  • 220 Old Forge Rd (Chapin) – Closed at $2.625M | 4,736 sqft | $554/sqft | Spacious lakefront home with luxury updates, strong price point after 140 DOM.

  • 408 Cove View Point (Columbia) – Closed at $3.19M | 7,655 sqft | Luxury estate with 485 ft of waterfront, pool, and outdoor living.

  • 218 Captains Watch (Lexington) – Record-breaking sale at $8.25M, one of the most significant transactions ever recorded on Lake Murray.

What This Tells Us About the Market

  1. Strong Demand – Buyers are competing for prime properties, with most sales closing close to list price.

  2. Premiums for Renovated or Turnkey Homes – Newly built or updated homes are commanding the fastest sales, often within days of hitting the market.

  3. Waterfront Lifestyle Drives Value – Private docks, pools, acreage, and expansive shoreline continue to push properties into the multimillion-dollar range.

  4. Sweet Spot – The $2.1M–$3M range is the most active, but ultra-luxury estates are also seeing significant demand.

Why Lake Murray?

Beyond the numbers, Lake Murray offers a lifestyle unmatched in the Carolinas. From dining on the water at favorites like Liberty on the Lake, to weekends spent exploring islands, marinas, and sandbars, every day here feels like a getaway. Add in highly rated schools, proximity to Columbia, and thriving communities in Lexington, Chapin, and Irmo, and it’s easy to see why buyers are choosing Lake Murray for both primary residences and vacation retreats.

Key Takeaways

  • $2M–$3M is the Sweet Spot – Most activity is happening in this range, with fast-moving homes that are well-priced and move-in ready.

  • Turnkey = Premium – Renovated or newly built homes like Dogwood Ln and Counts Ferry Rd are achieving some of the highest price-per-square-foot numbers.

  • Ultra-Luxury is Thriving – Sales like Captains Watch at $8.25M and Cove View Point above $3M show that the top end of the market is active.

  • Lifestyle Features Drive Value – Private docks, pools, acreage, and unique shoreline access consistently push sales higher.

  • Time on Market Varies – Many sales happen in less than a month, but properties without updates or positioned at higher price points can take 100+ days.

Thinking of Buying or Selling on Lake Murray?

As the #1 Coldwell Banker agent in the Carolinas and with over 1,500 families helped, I’ve had the privilege of representing some of the most notable sales on Lake Murray. My team specializes in marketing and negotiating lakefront properties to achieve top-dollar results.

 
 
Patrick O'Connor