$775,000
$25K PRICE DROP

Estimated payment $4,420/month

Total Views 3,985
4 Beds
2 Baths
1,920 Sq Ft
$404 Price per Sq Ft

Highlights

  • Media Room
  • Private Pool
  • Main Floor Bedroom
  • Ocean Drive Elementary School Rated A
  • Recreation Room
  • Furnished

About This Home

Turnkey Short-Term Rental Opportunity – “Cherry Groove,” Cherry Grove Beach, North Myrtle Beach Steps from the sand and packed with income potential, “Cherry Groove” is a refreshed 4-bedroom, 2-bath coastal retreat that sleeps up to 16 guests. Located just 350 feet from the beach, this dual-level property blends nostalgic beach-house charm with modern upgrades and proven short-term-rental appeal. With a private pool, movie room, and separate entrances, it’s ideal for investors seeking strong ROI and consistent occupancy. Investment Highlights Sleeps 16 | 4 Bedrooms | 2 Baths Two Levels w/ Separate Entrances & Indoor/Outdoor Stairs (Handicap Accessible) Private Pool + Large Front Deck 350 ft from the Beach Brand-New Movie Room w/ Projector & Popcorn Machine Fresh Paint & Fixtures (2024 Renovation) Smart TVs in Every Bedroom | High-Speed WiFi Parking for 4–5 Vehicles | No HOA Restrictions Turnkey and fully furnished, Cherry Groove allows investors to start earning income immediately—no delays, no remodel required. Dual-Level Layout | Flexible Use Perfect for multi-family vacations, reunions, or dual bookings, this home’s two-level design offers exceptional flexibility. Upstairs: Bright open living area with coastal decor, dining for 12, and a fully equipped kitchen. Access the large deck overlooking the pool—an instant guest favorite. Downstairs: A newly built movie room complete with a drop-down projector, popcorn machine, and vinyl record player. This added entertainment space sets the property apart in online listings and helps drive repeat guests. Both floors can function independently, giving owners the option to occupy one level while renting the other—maximizing occupancy and return potential. Upgrades & Amenities Recent improvements include new paint, light fixtures, smart TVs, refreshed decor, and updated outdoor spaces. Fully equipped kitchen with full-size appliances Central A/C and heat Washer & dryer High-speed WiFi Furnishings included and ready for guests Everything today’s traveler expects—already in place. Accommodations That Book Comfortably sleeps 16 guests across 4 bedrooms and 2 baths—an ideal configuration for families and large groups. Downstairs: 1 Queen + 1 Full Bunk Bedroom | 1 Bedroom with 2 Full Beds Upstairs: 1 Full Bunk Bedroom | 1 King Bedroom Two full bathrooms—one on each floor—make group stays effortless. Smart TVs in every room add extra guest appeal and higher nightly value. Outdoor Spaces That Sell Guests love the outdoor experience: Private Pool (Open March–November) Large Deck Overlooking Pool Fresh Landscaping & New Privacy Slat Fencing Ground-Level Patio + Outdoor Dining & Grill Dog Area + 350-ft Walk to Beach Whether relaxing poolside, grilling after a beach day, or enjoying cocktails at sunset, Cherry Groove offers the kind of lifestyle that keeps calendars full and reviews glowing. Prime Location | Cherry Grove Performance Zone This property sits minutes from: Cherry Grove Pier & Boulineau’s Shopping Village Top-rated restaurants, golf courses & nightlife North Myrtle Beach Main Street ~30 min to Myrtle Beach International Airport The walk-to-beach convenience, no-HOA freedom, and family-friendly environment make this home a consistent top performer. Why Invest in Cherry Groove *High occupancy potential in a proven tourism market *Dual-level design supports multi-family or owner-occupancy models *Turnkey condition – ready to list on Airbnb or VRBO immediately *Pet-friendly & accessible = broader guest reach *Strong appreciation potential in North Myrtle Beach’s rental corridor “Cherry Groove” delivers the rare combination of charm, capacity, and cash-flow potential that investors seek. A true turnkey performer, it’s positioned for immediate rental income and long-term appreciation.

Listing Agent

Megan Banks

David Hoffman Realty License #201691 Listed on: 10/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1968

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Property is zoned AC

Parking

  • Driveway

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,920 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Media Room
  • Recreation Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Patio
  • Front Porch

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,937

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1968
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Ceiling Fan
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Lvt Date: 10/15/2025
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Total Heated Sq Ft: 1920
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 894
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Furnished: Yes
  • Interior Amenities: Window Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: Recreation Room, 1st Floor Bedrooms, Laundry/Utility, Media Room
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 4
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: One And One Half
  • Total Sq Ft: 1920
  • Bathroom Features:Shared Primary Bath: Double Sink, Shower, Vanity

Exterior Features

  • Exterior Features: Patio, Front Porch, Fencing, Pool-Outdoor Private
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.11

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer

Lot Info

  • Zoning: AC

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach 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

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
2024 $3,937 $38,309 $21,000 $17,309
2023 $3,937 $15,832 $9,568 $6,264
2021 $3,582 $15,832 $9,568 $6,264
2020 $3,543 $15,832 $9,568 $6,264
2019 $3,418 $15,832 $9,568 $6,264
2018 $0 $15,509 $10,769 $4,740
2017 $3,284 $14,484 $9,000 $5,484
2016 -- $11,124 $9,000 $2,124
2015 $2,246 $11,124 $9,000 $2,124
2014 $2,174 $11,124 $9,000 $2,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 Price Changed $775,000 -3.1% $404 / Sq Ft
10/07/2025 10/07/25 For Sale $800,000 +15.9% $417 / Sq Ft
02/12/2024 02/12/24 Sold $690,000 -1.4% $372 / Sq Ft View Prior Sale
12/06/2023 12/06/23 Price Changed $699,900 -4.1% $378 / Sq Ft
10/20/2023 10/20/23 Price Changed $729,900 -1.7% $394 / Sq Ft
10/07/2023 10/07/23 Price Changed $742,400 -1.0% $400 / Sq Ft
08/31/2023 08/31/23 For Sale $749,900 +190.1% $404 / Sq Ft
07/07/2017 07/07/17 Sold $258,500 -6.0% $140 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $275,000 -- $149 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $690,000 --
Warranty Deed $258,500 --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 New Conventional
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2525088

Coastal Carolinas Association of REALTORS®

APN: 35115030218