122 Rainbow Drive, Murrells Inlet, SC 29576
None · Horry County
Key Facts
Description
Located in the heart of Murrells Inlet, this home has all of the amenities that you would want in a beach house, and very strong rental income! With over $35,000 in upgrades completed within the past year. during the breaks from having guests, this home is gorgeous inside and out! Just minutes from the iconic Murrells Inlet Marsh Walk and a short walk to Surfside Beach, this property is ideally positioned near the area’s most sought-after attractions; making it a consistent draw for vacationers and a standout opportunity for continued rental success for investors. This home features an elevator that runs all 3 levels and several walk-in showers! Nearly every bedroom has its own bath! A stylish blend of industrial charm and modern coastal comfort, the home is designed for both relaxation and entertainment. Outdoor living takes center stage with a private pool, hot tub, and outdoor kitchenette; perfect for enjoying the coastal air after a day at the beach or an evening along the Marsh Walk’s waterfront dining and live music scene. Inside is just as breathtaking; with an ppen and airy floorplan, leading to the kitchen, living, and dining areas. A long family-style dining table and expansive island seating make hosting effortless. With spacious bedrooms, private bathrooms, Smart TVs throughout, and the convenience of a private elevator, this home comfortably accommodates large groups, repeat guests, and extended stays—delivering both elevated guest experience and strong investment appeal in one of the Grand Strand’s most desirable coastal markets. This one is an amazing money-maker for investors, and an excellent second home! Please do not hesiate to contact me for numbers; with roughly $108k in income last year, and projected for even more in 2026! Wow!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Post and Beam
Year Built
2006
Living Area
2,232 sq ft
Zoning
MSF6
Days on Market
1
MLS® Listing#
4372921
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Foundation
Community
Utilities
Sewer
Schools
- Elementary:
- Seaside
- Middle:
- St. James
- High:
- St. James
Financial Details
HOA
None
Assessed Value
$970,000
Parcel Number
47004010103
Affordability Calculator
$210,000
Estimated monthly payment
$5,589/mo
Principal $840,000 · Est. interest $1,171,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Murrells Inlet, SC
- $410,000
- Median Listing Price
- 74
- Median Days on Market
- 1,680
- Median Sq Ft
- $224
- Median Price / Sq Ft
- 456
- Active Listings
- This home’s price is 156% above the area median.
- Its price per sq ft is 110% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Murrells Inlet, SC.
Location
Points of Interest in Murrells Inlet, SC
Showing the Murrells Inlet area map.
Nearby Schools
Seaside Elementary School
Elementary · 1.1 mi away
Learning Tree Day School
School · 2.2 mi away
First Baptist Wee School
School · 2.9 mi away
St James Middle School
Secondary · 3.5 mi away
St James Intermediate School
Secondary · 3.6 mi away
Burgess Elementary
Elementary · 3.6 mi away
St. James Elementary
Elementary · 3.6 mi away
St. James High School
Secondary · 4.0 mi away
Lakewood Elementary School
Elementary · 5.2 mi away
Socastee Middle School
Secondary · 5.6 mi away
Calvary Christian School
School · 5.7 mi away
Jacob School
School · 5.7 mi away
Palmetto Academy of Learning
School · 6.1 mi away
Socastee Montessori School
Elementary · 6.3 mi away
Coastal High School
Secondary · 6.5 mi away
Socastee United Methodist Church
Elementary · 6.7 mi away
Socastee High School
Secondary · 6.8 mi away
Socastee Elementary
Elementary · 6.8 mi away
Wee Care Day School & Summer Camp
School · 7.5 mi away
Waccamaw Middle School
Secondary · 8.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 158 Anna Marie Way, Murrells Inlet, SC | $736,449 | 4 | — | 2,915 |
| 6 Cottage Dr., Murrells Inlet, SC | $739,900 | 4 | — | 4,510 |
| 4464 Firethorne Dr., Murrells Inlet, SC | $749,000 | 4 | — | 3,008 |
| 124-B Vista Dr., Murrells Inlet, SC | $749,900 | 4 | — | 2,160 |
| 5117 S 1st St., Murrells Inlet, SC | $750,000 | 4 | — | 2,700 |
| 324 Graytwig Circle, Murrells Inlet, SC | $759,000 | 4 | — | 2,774 |
Moving Cost Estimate
EXIT Agents in Murrells Inlet
Listing Courtesy: David Hoffman Realty Charlotte - david@davidhoffmanrealty.com
Last Updated: 2026-04-22
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