$1,050,000

122 Rainbow Dr Murrells Inlet, SC 29576

Estimated payment $6,580/month

Total Views 1,376
5 Beds
7 Baths
2,232 Sq Ft
$470 Price per Sq Ft

Highlights

  • Popular Property
  • In Ground Pool
  • Deck
  • Seaside Elementary Rated A-
  • Open Floorplan
  • Post and Beam

About This Home

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!

Listing Agent

David Hoffman

David Hoffman Realty Charlotte Brokerage Email: david@davidhoffmanrealty.com License #61641 Listed on: 04/22/2026

Co-Listing Agent

Megan Banks

David Hoffman Realty Charlotte Brokerage Email: david@davidhoffmanrealty.com License #201691

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned MSF6

Home Design

  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 2 Attached Carport Spaces
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Seaside Elementary School
  • St. James Middle School
  • St. James High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47004010103

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Post and Beam
  • Year Built: 2006
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 470.43
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: david@davidhoffmanrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Pillar/Post/Pier
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Elevator, Kitchen Island, Open Floorplan, Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1244
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 988
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2232
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Living Area: 2232
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Above Ground Hot Tub / Spa, Hot Tub, Outdoor Shower
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Privacy
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Long Range, Year Round
  • Water Body Name: Atlantic Ocean
  • Waterfront Features: Beach - Public
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Hall
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: St. James
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Units: Acres
  • Parcel Number: 47004010103
  • Development Status: Completed
  • Horse Amenities: None
  • Lot Size Acres: 0.15
  • Additional Parcels: No
  • Zoning Specification: MSF6

MLS Schools

  • Elementary School: Seaside
  • High School: St. James

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,154 $0 $0 $0
2024 $12,154 $62,621 $24,000 $38,621
2023 $11,818 $23,539 $7,543 $15,996
2021 $10,126 $29,557 $9,331 $20,226
2020 $4,717 $29,557 $9,331 $20,226
2019 $4,717 $29,557 $9,331 $20,226
2018 $0 $20,469 $6,435 $14,034
2017 $1,154 $20,469 $6,435 $14,034
2016 -- $20,469 $6,435 $14,034
2015 $1,154 $20,469 $6,435 $14,034
2014 $1,001 $20,469 $6,435 $14,034
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2026 04/22/26 For Sale $1,050,000 +8.2% $470 / Sq Ft
02/29/2024 02/29/24 Sold $970,000 -7.6% $388 / Sq Ft View Prior Sale
11/13/2023 11/13/23 For Sale $1,050,000 -- $420 / Sq Ft
Source: Canopy MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $970,000 --
Warranty Deed $799,999 --
Interfamily Deed Transfer -- --
Deed $350,000 --
Deed -- --
Deed $855,000 --
Deed $855,000 --
Special Warranty Deed $525,000 --
Legal Action Court Order $400,000 None Available
Deed $850,000 Belle Terre Title Co Llc
Warranty Deed $750,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $628,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $684,000 Purchase Money Mortgage
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS

MLS Number: 4372921

Canopy MLS

APN: 47004010103

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