124 Rainbow Dr Murrells Inlet, SC 29576
Estimated payment $6,915/month
Highlights
- Very Popular Property
- Ocean View
- Deck
- Seaside Elementary Rated A-
- Private Pool
- Main Floor Bedroom
About This Home
Step into coastal paradise with this exquisite 5-bedroom, 5.5-bathroom raised beach house, located just steps from the sand in the highly sought-after area of Murrells Inlet. With unparalleled proximity to the beach and breathtaking views of the ocean and inlet, this property offers a unique opportunity to live the ultimate beachfront lifestyle. Perfectly designed for both relaxation and entertaining, this home boasts a private heated pool, outdoor shower, and a stylish outdoor living space featuring an outdoor TV and bar - ideal for sunset cocktails or family gatherings. The fully furnished interior is outfitted with luxurious, high-end furnishings that add to the home's sophisticated charm. Inside, the home offers an impressive open-concept living area, complete with Brazilian stone countertops, stainless steel appliances, and brand new lighting fixtures. The spacious living areas flow seamlessly, with new wooden stairs leading up to the second level. Two of the five generously sized bedrooms enjoy private balconies with stunning views of the ocean and inlet, creating a perfect setting to unwind or take in the serene surroundings. For ultimate convenience, the home features an interior elevator, making access between levels a breeze. With ample room for family and guests, this property truly shines as a luxurious primary residence or vacation getaway. Located in one of Murrells Inlet's most desirable areas, this home also offers no HOA restrictions, allowing for both short-term and long-term rentals-making it an exceptional investment opportunity with substantial rental income potential. Whether you're seeking a personal retreat, a family home, or a prime investment property, 124 Rainbow Drive is the perfect place to make your coastal dreams a reality. Don't miss out on this rare gem-schedule your private tour today!
Listing Agent
Century 21 The Harrelson Group License #130832 Listed on: 03/05/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
Lot Details
- 6,098 Sq Ft Lot
- Property fronts a marsh
- Fenced
- Rectangular Lot
- Property is zoned MSF 6
Parking
- Tuck Under Parking
Home Design
- Stilt Home
- Bi-Level Home
- Raised Foundation
- Wood Frame Construction
- Concrete Siding
Interior Spaces
- 2,200 Sq Ft Home
- Furnished
- Ceiling Fan
- Combination Dining and Living Room
- Carpet
- Ocean Views
Kitchen
- Breakfast Bar
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Split Bedroom Floorplan
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Private Pool
- Balcony
- Deck
- Patio
- Front Porch
Location
- East of US 17
Schools
- Saint James Elementary School
- Saint James Middle School
- Saint James High School
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- The community has rules related to fencing, allowable golf cart usage in the community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $1,125,000 | -0.1% | $511 / Sq Ft | |
| 03/05/2026 03/05/26 | For Sale | $1,125,900 | +15.5% | $512 / Sq Ft | |
| 06/16/2022 06/16/22 | Sold | $975,000 | 0.0% | $443 / Sq Ft | View Prior Sale |
| 03/17/2022 03/17/22 | For Sale | $975,000 | +22.6% | $443 / Sq Ft | |
| 08/30/2021 08/30/21 | Sold | $795,000 | +2.6% | $361 / Sq Ft | View Prior Sale |
| 08/06/2021 08/06/21 | For Sale | $775,000 | -- | $352 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $975,000 | -- | |
| Warranty Deed | $795,000 | -- | |
| Deed | $435,000 | -- | |
| Legal Action Court Order | $431,000 | -- | |
| Deed | $850,000 | Belle Terre Title Co Llc | |
| Warranty Deed | $750,000 | None Available | |
| Warranty Deed | $320,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $731,250 | New Conventional | |
| Previous Owner | $408,000 | Purchase Money Mortgage | |
| Previous Owner | $199,500 | Stand Alone Second | |
| Previous Owner | $649,500 | Purchase Money Mortgage | |
| Previous Owner | $600,000 | Purchase Money Mortgage |
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2605746
APN: 47004010104
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Ask me questions while you tour the home.