$1,125,000

124 Rainbow Dr Murrells Inlet, SC 29576

Estimated payment $6,915/month

Total Views 232
5 Beds
5.5 Baths
2,200 Sq Ft
$511 Price per Sq Ft

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

Joseph Barrientos Fierros

Century 21 The Harrelson Group License #130832 Listed on: 03/05/2026

Century 21 The Harrelson Group

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

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

6,098 Sq Ft Lot

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2006
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 03/05/2026
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Total Heated Sq Ft: 2200
  • Geo Subdivision: SC
  • Section Subdivision: Myrtle Dunes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Window Treat Convey, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished, Elevator-Interior
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Trash Compactor, Freezer, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 5
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2700
  • Bathroom Features:Shared Primary Bath: Tub, Vanity, Whirlpool Tub, Tub/Shower Combo

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Outside Storage Attached, Storm Doors, Storm Windows, Pool-In Ground
  • Exterior Finish: Wood Frame, Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Lot Info

  • Lot Location: East Of Bus 17, Oceanview Lot, Marsh/Wetlans View, East Of Highway 17 Bypass
  • Zoning: MSF 6

MLS Schools

  • Elementary School: Saint James Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

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

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
Source: Coastal Carolinas Association of REALTORS®

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 --
Source: Public Records

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: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2605746

Coastal Carolinas Association of REALTORS®

APN: 47004010104

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