Last updated September 2026
Spence Plantation — Lexington, South Carolina
Spence Plantation is a gated residential community on the Lexington side of Lake Murray in Lexington, South Carolina (ZIP 29072). It is known for custom homes on relatively large lots, a mix of direct waterfront and interior lake-access properties, and shared community lake amenities that include a boat ramp and community dock.
Buyers researching Spence Plantation are typically comparing gated Lake Murray options with meaningful upper-end inventory — including waterfront estates — against other Lexington and Irmo-area lake communities. Inventory is often limited; when homes do list, they tend to range from renovated lake-access residences into multi-million-dollar shoreline estates.
The Patrick O'Connor Team works with buyers and sellers across Spence Plantation and the broader Lake Murray market from its Lexington office. This guide summarizes the neighborhood's location, housing stock, lake access, amenities, and recent market positioning based on The Patrick O'Connor Team's published Spence Plantation research as of September 2026.
About Spence Plantation
Spence Plantation sits along the Lexington / south-shore Lake Murray market. Streets that appear repeatedly in team sold and market-review content include Morning Shore Drive and Court, Morning Lake Drive, Due West, Captains Watch, and related Spence Shore addresses. The community is gated and functions as a low-density, custom-home enclave.
What distinguishes Spence Plantation within the Lexington Lake Murray corridor is the combination of (1) direct waterfront frontage on select lots — including substantial shoreline footage on some estates — and (2) community boat-ramp and dock access that supports lake use for homes that are not themselves waterfront.
Architecture is custom and varied. Homes in the community include traditional brick and Mediterranean-influenced designs, along with renovated floor plans featuring pools, multi-car garages, and finished outdoor living. Lot sizes commonly support private outdoor amenities; some waterfront parcels are multi-acre.
Quick Facts
- City / ZIP: Lexington, South Carolina 29072
- Location: Lexington / south-shore Lake Murray corridor, near US-378
- Lake Murray: Direct waterfront homes present; community boat ramp and shared dock for lake-access homes
- Home types: Custom single-family
- Approx. home sizes: Roughly 2,400 to 9,500+ sq ft (team market review)
- Lots: Relatively low-density; many lots roughly 0.6–1+ acre; some multi-acre waterfront parcels
- HOA: Yes — gated community with shared lake amenities
- Gated: Yes
- Golf: No on-site golf course
- Schools: Lexington County School District One — confirm attendance for any address with the district locator
Homes for Sale in Spence Plantation
Homes for sale in Spence Plantation are typically custom single-family residences. Active inventory may be very small at any given time. Product types that appear in public market activity include interior or lake-access homes that use the community ramp and dock, direct waterfront homes with private docks, and occasional build-ready lots (subject to septic and building requirements).
Because inventory turns slowly at this price tier, buyers often need off-market monitoring and early notice of new listings. Sellers should expect buyers to compare Spence Plantation on waterfront quality, dock usability, lot privacy, and renovation status.
Looking for homes in Spence Plantation? Call The Patrick O'Connor Team at 803-243-0224 or visit our Contact page.
Home Prices in Spence Plantation
Spence Plantation price positioning spans a wide band because the community mixes lake-access homes and ultra-luxury waterfront estates. Team sales reporting for 2025 supports a market that regularly clears above $1,000,000 for renovated or waterfront product, with rare ultra-luxury sales far above that.
Do not treat any single sale as a typical Spence Plantation price. Waterfront footage, dock configuration, acreage, and finish level drive large spreads. Dated statistics appear only in the Market Snapshot below.
Market Data as of September 2026
All time-sensitive figures live only in this section. Figures below come from The Patrick O'Connor Team's published Spence Plantation market review on scmidlandsagent.com. They are not MLS statistics. Limited ultra-luxury samples — use with caution.
- 218 Captains Watch — closed $8,250,000 (Mar 2025) — waterfront estate, about 9,500 sq ft on about 3.17 acres
- 150 Morning Lake Drive — closed $3,285,000 (Feb 21, 2025) — waterfront; about 5,866 heated sq ft; about 190 ft shoreline reported on the team page
- 108 Morning Shore Court — closed $1,150,000 (May 9, 2025) — lake-access via community ramp; about 6,221 sq ft
- 1 Due West (Lot #1) — closed $139,000 (Jun 9, 2025) — about 0.88-acre lot
The team review also notes multiple luxury closings well over $1,000,000 in the period discussed. Spence Plantation's public sales sample is small and skewed by ultra-luxury outliers. Median figures without full MLS filtering can mislead.
Source: Spence Plantation Lexington SC — 2025 Market Review on scmidlandsagent.com.
Types of Homes
Spence Plantation housing is predominantly custom-built single-family. Reported heated living areas commonly run from the mid-2,000s into 6,000–9,500+ sq ft for larger estates. Floor plans often emphasize lake orientation, outdoor living, and multi-car garages. Renovation is a meaningful part of the resale story on late-1990s and early-2000s builds.
Waterfront Homes
Direct waterfront homes in Spence Plantation are a distinct segment. Documented examples include shoreline frontage measured in the hundreds of feet on some estates, private docks with boat lifts, and main-channel or open-water orientations. Waterfront pricing is not interchangeable with interior lake-access pricing. Dock permits, shoreline condition, water depth, and lift capacity are address-level diligence items. Never assume every Spence Plantation address is waterfront.
Lake Murray Access
Spence Plantation's Lake Murray relationship is dual:
- Direct waterfront — select homes have private shoreline and docks.
- Community lake access — a community boat ramp and shared community dock support lake use for non-waterfront homes.
This guide classifies Spence Plantation as Direct Waterfront, with the note that the neighborhood also provides shared ramp and dock access. Lake-access rules and dock policies are association matters.
Neighborhood Amenities
- Gated entry
- Community boat ramp
- Shared community dock
- Common-area, road, and lighting maintenance via the HOA
There is no on-site golf course. Private pools and outdoor living are home-level amenities.
Shopping, Dining & Recreation
Spence Plantation's location on the Lexington Lake Murray corridor places residents within a short drive of downtown Lexington shopping and dining, medical services including Lexington Medical Center corridors, and US-378 connectivity toward Columbia. Lake-oriented recreation is the primary lifestyle driver: boating, fishing, and dock-and-dine destinations around Lake Murray. See the team's Lake Murray restaurants by boat and boat ramps resources for regional context.
Location & Commute
Approximate positioning: Lexington side of Lake Murray near the US-378 corridor, ZIP 29072. Lexington deep-water corridor communities are typically within a roughly 20–30 minute drive to downtown Columbia under typical conditions — actual times vary. I-20 and I-26 access is available via Lexington and Midlands highway connections.
Buying a Home in Spence Plantation
Practical buyer checklist:
- Confirm whether the property is direct waterfront, lake-view, or lake-access via community amenities
- Review HOA covenants, dues, gate rules, and dock/ramp policies
- Verify septic or sewer, dock permits, and shoreline restrictions with county and association sources
- Confirm school attendance for the specific address via Lexington County School District One tools
Call The Patrick O'Connor Team at 803-243-0224 for listing alerts and tour coordination, or start with our buyer questionnaire.
Selling a Home in Spence Plantation
Spence Plantation sellers compete in a lifestyle-driven, limited-inventory segment. Marketing that clarifies waterfront versus community-access positioning, documents dock and ramp rights, and showcases outdoor living typically performs better than square-footage-only positioning. Team sold case studies in the neighborhood emphasize photography, video, and lifestyle framing.
Thinking of selling? Call 803-243-0224 or contact the team.
Nearby Neighborhoods to Compare
Other gated Lake Murray communities often compared with Spence Plantation include Turners Pointe (Lexington peninsula), Beacon Point (Irmo-area near the dam), Regatta Shores, and Clement Point. Compare lot, shoreline, and current inventory side by side. Browse more Midlands and Lake Murray context from the Neighborhoods section and the team's Lake Murray neighborhoods guide.
Frequently Asked Questions
What is Spence Plantation in Lexington, SC?
Spence Plantation is a gated residential community on the Lexington side of Lake Murray (ZIP 29072) with custom homes, a mix of direct waterfront and interior properties, and community boat-ramp and dock access.
Is Spence Plantation on Lake Murray?
Yes. Some homes have direct Lake Murray waterfront and private docks. The neighborhood also provides shared community lake access via a boat ramp and community dock.
Are Spence Plantation homes gated?
Yes. Spence Plantation is a gated community.
What are home prices in Spence Plantation?
Publicly reported 2025 sales on The Patrick O'Connor Team Spence Plantation market review ranged from a lot sale at $139,000 to waterfront estates at $3.285M and $8.25M, with a lake-access home closing at $1.15M. See the September 2026 Market Snapshot above. Full trailing-12-month MLS figures can be pulled on request.
Does Spence Plantation have a community boat ramp?
Yes. Team neighborhood and sold-page content documents a community boat ramp and shared community dock.
What schools serve Spence Plantation?
Addresses in this area are associated with Lexington County School District One. Confirm the current attendance zone for any specific address using the district's official locator — assignments can change.
How does Spence Plantation compare to Turners Pointe?
Both are gated Lexington Lake Murray communities with upper-end custom homes and direct-waterfront inventory. Spence Plantation is often discussed for estate-scale lots and ultra-luxury waterfront sales; Turners Pointe is a peninsula setting with big-water orientations. Compare lot, shoreline, and current inventory side by side.
Contact The Patrick O'Connor Team
The Patrick O'Connor Team at Coldwell Banker Realty
Phone: 803-243-0224
Email: patrick.russell.oconnor@gmail.com
Office: 607 Columbia Avenue, Lexington, SC 29072
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