Ashley Ouellette PA
LAER Realty Partners Bowen/Wellington
(561) 623-9759
44 Total Sales
1 in Spencer Lakes
$299,000 Price
Spencer Lakes
Suburban Neighborhood in West Palm Beach, Florida
Palm Beach County 33407
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.”
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.
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.
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.
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Written By
Kelly Anderson
Photography Contributed By
Eduardo Ford
Video By
Austin Lewis
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Agents Specializing in this Area
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Ashley Ouellette PA
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Neil Picart
Neil Picart
KW Reserve Palm Beach
(561) 485-1376
62 Total Sales
1 in Spencer Lakes
$190,000 Price
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Sara Almasy
Sara Almasy
Century 21 WC Realty
(561) 475-5463
39 Total Sales
2 in Spencer Lakes
$300K - $315K Price Range
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Jeff Gonzalez
Jeff Gonzalez
Real Broker, LLC
(561) 898-9449
39 Total Sales
1 in Spencer Lakes
$310,000 Price
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Michael Kessler
Michael Kessler
LPT REALTY, LLC
(561) 475-3224
67 Total Sales
1 in Spencer Lakes
$194,999 Price
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Aaron Wolke
Aaron Wolke
BluEdge Professional Real Estate
(708) 412-6232
6 Total Sales
1 in Spencer Lakes
$290,000 Price
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
- 9th to 12th
- Public
- 6th to 8th
- Public
- K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Village Paws Park
- Dog Park
Winding Waters Natural Area
- Trails
- Kayak/Canoe
- Parking Lot
Perini Park
- Grills
- Picnic Area
- Pool
Addie L Green Park
- Baseball/Softball
- Basketball
- Playground
Dan Calloway-Tate Recreation
- Baseball/Softball
- Basketball
- Tennis
Timber Park
- Trails
- Playground
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Spencer Lakes | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 3 | 4 |
| Burglary | 4 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 5 | 4 |
| Crime Score | 4 | 4 |
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Spencer Lakes, West Palm Beach sell after 58 days on the market compared to the national average of 47 days. The average sale price for homes in Spencer Lakes, West Palm Beach over the last 12 months is $282,890, down 7% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$280,000
Median Single Family Price
$360,000
Median Townhouse Price
$277,000
Median 2 Bedroom Price
$279,000
Average Price Per Sq Ft
$227
Number of Homes for Sale
41
Last 12 months Home Sales
67
Months of Supply
7.30
Median List Price
$294,700
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
-5%
Home Facts
Number of Homes in Neighborhood
1,714
Median Year Built
1984
Avg. Single Family Home Size Sq Ft
1,747
Below the national average
1,935
Average Townhouse Size Sq Ft
1,236
Average 2 Bedroom Size Sq Ft
913
Median Lot Size Sq Ft
8,276
Open Houses
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Saturday, Apr 2611am - 2pm
Distribution of Home Values
Homes for Sale
Homes for Rent
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$2,120 - $4,205 per month
- Locklyn West Palm
- 1-3 Beds
- 1-2 Baths
- 822+ Sq Ft
- 3590 Village Blvd
- West Palm Beach, FL
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Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
5,442
Median Age
38
Population Density
5 ppl/acre
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
13.8%
Below the national average
19.1%
Finances
Median Household Income
$67,586
Below the national average
$71,702
Average Household Income
$81,276
Education and Workforce
High School Graduates
89.6%
College Graduates
32.9%
Advanced Degrees
9.5%
On par with the national average
13.3%
% Population in Labor Force
72.7%
Above the national average
65.1%
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®
34
/ 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
Mangonia Park
A slower pace of life in a small community near the ocean
Lone Pines
Private residential communities next to scenic nature preserve
Lakeside Green
A wide range of options for homebuyers looking to live and work in West Palm Beach
Cypress Lakes
Picturesque and active 55-plus gated community
Palm Beach Lakes
A neighborhood with gated communities and a variety of housing options
Northshore
Waterfront homes on Lake Mangonia just outside of downtown West Palm Beach
Reviews
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