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    1594 Spence Rd Lexington, SC 29072

    Sponsored
    For Sale
    $1,800,000

    Residential - Lexington, SC

    Lot size:
    1.32 Acres
    Days on Market:
    347
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 1594 Spence Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    002500-03-006
    Lot size
    1.32 Acres

    Taxes and HOA fees

    Expense value
    1200
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    lifesouthern LLC (803) 466-0031 [email protected]

    Listing agent Kevin Fields (803) 466-0031

    Listing date Jan 29, 2025

    MLS# 600996 Listing URL

    Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot on Lake Murray

    This 1.32-acre peninsula lot offers an opportunity to build a waterfront home. Located on Spences Island, a gated private island on Lake Murray, the property boasts over 600 feet of lakefront. The lot provides 270-degree views of Bomb Island and the Lake Murray Dam to the east, north, and west. The building site has been prepared with complete riprap, a dock permit, and access to public utilities. The location offers both privacy and convenience, with proximity to Lexington One schools, including River Bluff High School, downtown Lexington and Irmo, and easy access to Columbia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.277973
    Latitude
    34.047565

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    FAQs

    What type of property is this?
    Residential land & home lot - Private 1.32-acre peninsula lot with 600+ feet of lakefront.
    Where is this residential land & home lot located?
    The property is located at 1594 Spence Rd Lexington, SC.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Ultra-private 1.32 acre peninsula lot with 600+ feet of lakefront on Lake Murray.; - Enjoy **270 degree big water views** including Bomb Island and Lake Murray Dam.; - Located on a gated private island (Spences Island).
    (803) 466-0031
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    1594 Spence Rd Lexington, SC 29072
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    Lexington, SC 29072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1594 Spence Rd Lexington, SC 29072
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