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Spencer Lakes

Spencer Lakes

$301,636 Average Value
$218 Average Price per Sq Ft
34 Homes For Sale

Eclectic ranch-style to Mediterranean-style homes

The Spencer Lake community of West Palm Beach takes advantage of its architectural and structural diversity, appealing to more people seeking this quasi-urban lifestyle. The community of single-family homes, townhomes and elegant condominiums is a mix of architectural motifs, including ranch-style, Cape Cod and Mediterranean. Many of the homes have been updated with modern amenities, while still maintaining their original character. Spencer Lake is a well-established neighborhood, but it is also close to all the amenities of urban living. The price range for homes in Spencer Lakes is $200,000 to $500,000.



Amenities in the neighborhood include nearby parks, playgrounds and tennis courts. There is also a shopping center nearby with a grocery store, pharmacy and several restaurants. "Spencer Lake is a great neighborhood for families of all ages," says Realtor Jesse Spencer, who has been selling homes in the area for over 10 years. "It has a small feel, but it’s just so close to many big things, including professional baseball.”


Ranch-style homes in Spencer Lakes sometimes feature French windows.
Ranch-style homes in Spencer Lakes sometimes feature French windows.
Split-level homes are common along Spencer Lakes streets in West Palm Beach.
Split-level homes are common along Spencer Lakes streets in West Palm Beach.
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Bear Lakes Middle to Palm Beach Lakes High anchor a varied pipeline

Spencer Lake is home to several highly rated schools. Bear Lake Middle School, Believers Academy, Egret Lake Elementary and Palm Beach Lakes Community High School are all well-regarded by Niche. These schools offer a variety of academic programs and extracurricular activities, ensuring that all students have the opportunity to succeed. Bear Lake Middle School has a strong academic program and offers a variety of extracurricular activities. Egret Lake Elementary has a strong academic program and offers a variety of extracurricular activities. Palm Beach Lakes Community High School has a large and diverse student body and offers a variety of academic and extracurricular programs.

Being well-established, Spencer Lakes residents relish living close to all the amenities of urban living. The Ballpark of West Palm Beach is just a short drive away and there are several shopping malls and restaurants within a few miles. The Ballpark is a state-of-the-art stadium that is home to the Houston Astros and Washington Nationals spring training teams.

Egret Lake Elementary serves students in West Palm Beach.
Egret Lake Elementary serves students in West Palm Beach.
Bear Lakes Middle School anchors Spencer Lakes education options.
Bear Lakes Middle School anchors Spencer Lakes education options.
Palm Beach Lakes High School offers diverse academic programs.
Palm Beach Lakes High School offers diverse academic programs.
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Neighborhood parks and ballpark proximity

Being well-established, Spencer Lakes residents relish living close to all the amenities of urban living. The Ballpark of West Palm Beach is just a short drive away and there are several shopping malls and restaurants within a few miles. The Ballpark is a state-of-the-art stadium that is home to the Houston Astros and Washington Nationals spring training teams.

Several parks also surround the community, including Sandalwoods Lake North and Perini Park, which is 2 miles away and has a playground, basketball court and picnic area. Biking to the park is simple, but it’s also easy to just hop on the Palm Tran bus system, which has several routes serving the neighborhood. The nearest hospital to Spencer Lake is Good Samaritan Medical Center, which is just a few miles away and is also easily reachable by the public transit system.

The Ballpark of West Palm Beach hosts Astros and Nationals spring training games.
The Ballpark of West Palm Beach hosts Astros and Nationals spring training games.
Perini Park offers green space for Spencer Lakes residents.
Perini Park offers green space for Spencer Lakes residents.
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Top Taste Jamaican and walkable grocers

One of Spencer Lake's hidden gems is Top Taste Jamaican. This restaurant serves authentic Jamaican cuisine, including jerk chicken, curry goat and oxtail stew. The portions are generous and residents say the prices are reasonable. When residents prefer to cook their own meals, stores like Foodtown Supermarket and Walmart are within walking distance for some.

Top Taste Jamaican, near Spencer Lakes, serves jerk chicken and curry goat.
Top Taste Jamaican, near Spencer Lakes, serves jerk chicken and curry goat.
Foodtown supermarket serves Spencer Lakes with fresh groceries.
Foodtown supermarket serves Spencer Lakes with fresh groceries.
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Kelly Anderson
Written By
Kelly Anderson
Eduardo Ford
Photography Contributed By
Eduardo Ford
Austin Lewis
Video By
Austin Lewis

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Palm Beach International

16 min drive

Bus

Military Trl & Shiloh Dr

Bus

45th St & Sams Club M Ent

Bus

Ballpark & S Entrance

Bus

Haverhill Rd & Caribbean Blvd

Bus

Haverhill Rd & Ballpark

Bus

45th St & Metro Centre Blvd

Bus

45th St & Northpoint Blvd

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Spencer Lakes US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Spencer Lakes Demographics and Home Trends

Housing Trends

Median List Price
$290,000
Median Sale Price
$256,000
Median Single Family Sale Price
$408,000
Median Townhouse Sale Price
$259,000
Median 2 Bedroom Sale Price
$257,500
Median Change From 1st List Price
6%
Last 12 months Home Sales
65
Median Home Sale Price YoY Change
-10%
Average Price Per Sq Ft
$218

Neighborhood Facts

Number of Homes
1,723
Number of Homes for Sale
34
Median Year Built
1984
Months of Supply
6.30
Average Single Family Home Size Sq Ft
1,747
Below the national average
1,927
Average Townhouse Size Sq Ft
1,237
Average 2 Bedroom Size Sq Ft
913
Median Lot Size Sq Ft
8,276

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,466
Median Age
39
Population Density
5 ppl/acre
Population under 18
24.8%
On par with the national average
23.8%
Population over 65
14.5%
On par with the national average
19.1%

Finances

Median Household Income
$86,679
Above the national average
$79,601
Average Household Income
$94,978

Education and Workforce

High School Graduates
89.6%
College Graduates
32.4%
Advanced Degrees
9.5%
On par with the national average
13.3%
% Population in Labor Force
74.3%
Above the national average
64.9%

Weather

Annual Precipitation
62''
Average Winter Low Temperature
58°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

31 / 100

Some Transit

Transit Score®

35 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Spencer Lakes