122 Rainbow Dr Murrells Inlet, SC 29576
Estimated payment $6,580/month
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 Realty Charlotte Brokerage Email: david@davidhoffmanrealty.com License #61641 Listed on: 04/22/2026
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Canopy MLS
MLS Number: 4372921
APN: 47004010103
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Ask me questions while you tour the home.