The lake was created by Dr. Walter Boone Spivey, a prominent Buckhead dentist, and his wife Emilie.

[7] Lake Spivey was the backdrop for numerous concerts in the late 1960s and early 1970s including performances by the bands Pink Floyd, Blue Öyster Cult, Chicago, Freddie King, Lynyrd Skynyrd, B.

The lake was the location filming for the movie The Legend of Blood Mountain (1965) starring George Ellis and Erin Fleming.

Each community has either one central marina or several smaller mooring strips located around the lake for access and docking.

Every Fourth of July the civic association puts on a fireworks display which residents enjoy from their boats and along the shoreline.

Water skiers can typically be seen on the course during the summer months when the lack of wind makes for ideal conditions.

Lake Spivey is tied as the location for the Georgia state record for the largest black crappie caught.

Both courses are USA Track & Field (USATF) certified and provide a challenge to runners as the topography is quite hilly.

In 2011 the civic association created green space at the west most portion of the lake for use by residents and their guests.