$1,085,000
$40K PRICE DROP

124 Rainbow Dr Murrells Inlet, SC 29576

Garden City Area

Estimated payment $6,997/month

Total Views 17,743
5 Beds
5.5 Baths
2,200 Sq Ft
$493 Price per Sq Ft

Highlights

  • Ocean View
  • Private Pool
  • Main Floor Bedroom
  • Seaside Elementary Rated A-
  • Deck
  • Furnished

About This Home

If you are looking for a turnkey, move in ready beach home, this is the place for you. 124 Rainbow Drive features 5 Bedrooms and 5-1/2 Baths for all of your family and friends to enjoy. On the first floor, there is one bedroom and 1-1/2 baths, the main living area, kitchen, and two porches. Upstairs are the remaining 4 bedrooms and 4 baths as well as a large front porch with both ocean and inlet views. The entire home can be accessed by an elevator. The real highlight of this home is the backyard oasis. There is a private swimming pool, living area, dining area, lounging area, grilling area, ice maker, and fridge. What more could you ask for in an island oasis? If you're the type of person that wants to grab your toothbrush and move on in, this is the place for you. Oh, did I forget to mention that your just a few steps away for the beautiful beaches in Garden City? Walk to the beach, golf cart to the pier and arcade. Be sure to set your appointment asap!

Listing Agent

Streett Property Consultants Team

Garden City Realty, Inc Listed on: 04/29/2026

Co-Listing Agent

Drew Streett

Garden City Realty, Inc License #27948

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
  • Front Yard Sprinklers
  • Property is zoned MSF6

Parking

  • Tuck Under Parking

Property Views

  • Ocean
  • Creek or Stream

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage
  • Front Porch

Location

  • East of US 17

Schools

  • Seaside 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

Listing and Financial Details

  • Long Term Rental Allowed

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60 x 101
  • 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
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/29/2026
  • 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, 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, Range Hood
  • Bedrooms: 5
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3700

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Outside Storage Attached
  • 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/Wetlands View, East Of Highway 17 Bypass, Inlet/Creek View
  • Zoning: MSF6

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2026 06/01/26 Price Changed $1,085,000 -3.6% $493 / Sq Ft
04/29/2026 04/29/26 For Sale $1,125,000 +15.4% $511 / 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®

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2611032

Coastal Carolinas Association of REALTORS®

APN: 47004010104

South Carolina Horry County Murrells Inlet 29576

124 Rainbow Dr, Murrells Inlet, SC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes
Listing Agent
Streett Property Consultants Team
Section Image
Garden City Realty, Inc
(843) 920-2980
Your Personal Tour Guide

Ask me questions while you tour the home.