$1,895,000
$305K PRICE DROP

Estimated payment $11,005/month

Total Views 10,763
5 Beds
5 Baths
4,042 Sq Ft
$469 Price per Sq Ft

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Lake On Lot
  • River Oaks Elementary School Rated A
  • Private Pool
  • RV or Boat Parking

About This Home

Experience luxury waterfront living in this spectacular 5BR, 5BA custom-built home featuring a private elevator, private boat dock & lift, stunning golf course views, and an oversized 2-car garage with golf cart space. Located directly on the Intracoastal Waterway in the prestigious Waterway Palms Plantation—a premier Intracoastal Waterway community in Carolina Forest—this home offers unmatched elegance, convenience, and resort-style living. The Intracoastal Waterway is a scenic, 3,000-mile inland water route that allows boaters to travel along the East Coast while enjoying calm waters, beautiful views, and direct access to the ocean. This home sits right on its banks, giving you the ultimate waterfront lifestyle. From all three levels, enjoy unobstructed views of both the Intracoastal Waterway and Myrtlewood Golf Course—a rare and exceptional combination that sets this property apart. Step right outside your back door onto your private dock, take a sunset cruise, boat to local waterfront restaurants, spend the day fishing, or simply relax and take in the breathtaking scenery. Inside, you’ll find luxury vinyl plank flooring throughout, multiple verandas and balconies, and an open-concept gourmet kitchen with quartz countertops, custom cabinetry, premium gas appliances, and a butler’s pantry. The flexible layout includes a private mother-in-law suite with kitchenette and laundry, and a primary suite with dual oversized walk-in closets and a private balcony. Outdoors, enjoy your own sparkling saltwater pool, fully equipped summer kitchen, and fenced backyard designed for entertaining. Waterway Palms Plantation offers world-class amenities: a resort-style clubhouse hosting events year-round for all ages, Olympic-size pool, tennis & pickleball courts, walking paths, playground, boat storage, and a community dock. Its strategic location just off Hwy 31 places top-rated Carolina Forest schools, medical facilities, the Hulk Bike Park, multiple shopping centers, dining, championship golf, and the beach all within a convenient 5–15 minute drive. Safely outside the high-risk flood zone—no flood insurance required. Schedule your private showing of 496 W Palms Way today and start living the true Intracoastal lifestyle in Myrtle Beach!

Listing Agent

Larisa Esmat

INNOVATE Real Estate License #96360 Listed on: 06/16/2025

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 2023

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a channel
  • Property fronts an intracoastal waterway
  • Fenced
  • Rectangular Lot

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Property Views

  • Intracoastal
  • Golf Course

Home Design

  • Low Country Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 4,042 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Recreation Room
  • Loft
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Boat Ramp
  • Lake On Lot
  • Balcony
  • Patio
  • Built-In Barbecue
  • Front Porch

Schools

  • River Oaks Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, pool service, common maint/repair, security, recreation facilities
  • The community has rules related to fencing, allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,773

Year Built

Built in 2023

Lot Details

0

HOA Fees

$136 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 227x42x231x42
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Boat Slip, Boat Dock, Boat Ramp
  • Estimated Year Built: 2023
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Wet Bar, Ceiling Fan, Fireplace, Tray Ceiling
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 136
  • HOA Management Company: Ally Management - 843-497-3555
  • Living Room Type: Bar, Fireplace, Tray Ceiling
  • Lvt Date: 06/16/2025
  • Sold Total Heated Sq Ft: 4042
  • Sold Total Sq Ft: 5812
  • Style: Low Country
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 4042
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Bedroom 1: 13.7x12.8
  • Bedroom 2: 14.2x13.11
  • Bedroom 3: 13.11x13.11
  • Dining Room: 12.3x16.5
  • Interior Amenities: Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Fireplace, Elevator-Interior, Elevator Shaft-Interior
  • Kitchen: 15.1x19.9
  • Living Room: 15.4x19.10
  • Other Rooms: Recreation Room, 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Mother In Law Suite, Loft
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Breakfast Bar, Pantry, Double Oven, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 5
  • Dining Room Type: Fam/Dr Combo, Ceiling Fan, Tray Ceiling
  • Full Bathrooms: 5
  • Levels: Three Or More
  • Total Sq Ft: 5812
  • Bathroom Features:Shared Primary Bath: Double Sink, Shower, Tub, Vanity
  • Fireplace Features:Primary Bedroom: 18.1x18.1

Exterior Features

  • Exterior Features: Patio, Balcony, Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Boat Parking, Built-In Bbq, Boat Dock, Boat Ramp, Pool-In Ground, Outdoor Kitchen
  • Exterior Finish: Wood Frame, Concrete Fiber Siding
  • Foundation: Slab
  • Number Of Acres: 0.22

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric, Tankless
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Underground Utilities, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Common Maint/Repair, Security, Recreation Facilities

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: On Icw, On Lake/Pond, On Channel, In Icw Community, Icw View, Channel View, Golf Course View, Icw Access
  • Zoning: RES

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Map

Range of Values:

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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 $6,773 $72,731 $20,006 $52,725
2023 $6,773 $9,614 $9,614 $0
2021 $4,357 $9,614 $9,614 $0
2020 $1,980 $9,614 $9,614 $0
2019 $1,980 $9,614 $9,614 $0
2018 $1,923 $9,001 $9,001 $0
2017 $1,382 $6,472 $6,472 $0
2016 $0 $6,472 $6,472 $0
2015 -- $6,473 $6,473 $0
2014 $1,114 $5,395 $5,395 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $1,895,000 -1.6% $469 / Sq Ft
08/03/2025 08/03/25 Price Changed $1,925,000 -2.5% $476 / Sq Ft
07/24/2025 07/24/25 Price Changed $1,975,000 -1.3% $489 / Sq Ft
06/24/2025 06/24/25 Price Changed $2,000,000 -9.1% $495 / Sq Ft
06/16/2025 06/16/25 For Sale $2,200,000 -- $544 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,820,000 --
Warranty Deed $200,000 --
Warranty Deed $145,000 --
Deed $113,000 --
Deed $99,900 --
Warranty Deed $99,900 --
Deed $83,500 --
Warranty Deed $83,500 --
Warranty Deed $279,880 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $81,375 Future Advance Clause Open End Mortgage
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2514918

Coastal Carolinas Association of REALTORS®

APN: 42007030006