Watch Spencer's Mountain for Free: How to Stream the Movie Online at 123Movies. . Clay Spencer and his wife, Olivia, live in a small town deep in the mountains. When Clay isn't busy drinking with his buddies or railing against the town minister, he's building the house he's always promised Olivia. He is overjoyed when he learns his eldest son will be the first Spencer to attend college, if he can resist the charms of a pretty local girl and rustle up the money for tuition.