122 Rainbow Drive, Murrells Inlet SC
- 5 Bed
- 7 Bath
- 1244 ft2
- 0.2 ac
For Sale $1,050,000
Remarks:
Located in the heart of Murrells Inlet, this home has all of the amenities that you would want in a beach house, and very strong rental income! With over $35,000 in upgrades completed within the past year. during the breaks from having guests, this home is gorgeous inside and out! Just minutes from the iconic Murrells Inlet Marsh Walk and a short walk to Surfside Beach, this property is ideally positioned near the area’s most sought-after attractions; making it a consistent draw for vacationers and a standout opportunity for continued rental success for investors. This home features an elevator that runs all 3 levels and several walk-in showers! Nearly every bedroom has its own bath! A stylish blend of industrial charm and modern coastal comfort, the home is designed for both relaxation and entertainment. Outdoor living takes center stage with a private pool, hot tub, and outdoor kitchenette; perfect for enjoying the coastal air after a day at the beach or an evening along the Marsh Walk’s waterfront dining and live music scene. Inside is just as breathtaking; with an ppen and airy floorplan, leading to the kitchen, living, and dining areas. A long family-style dining table and expansive island seating make hosting effortless. With spacious bedrooms, private bathrooms, Smart TVs throughout, and the convenience of a private elevator, this home comfortably accommodates large groups, repeat guests, and extended stays—delivering both elevated guest experience and strong investment appeal in one of the Grand Strand’s most desirable coastal markets. This one is an amazing money-maker for investors, and an excellent second home! Please do not hesiate to contact me for numbers; with roughly $108k in income last year, and projected for even more in 2026! Wow!
Exterior Features:
Above Ground Hot Tub / Spa, Hot Tub, Outdoor Shower
Interior Features:
Elevator, Kitchen Island, Open Floorplan, Storage
General Information:
| List Price: | $1,050,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1244 sqft |
| Parking: | Attached Carport, Driveway |
| MLS Number: | CAR4372921 |
| Subdivision: | None |
| Style: | Post and Beam |
| Bathrooms: | 7 |
| Lot Description: | Cleared, Level |
| Year Built: | 2006 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Seaside |
| Middle: | St. James |
| High: | St. James |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-11-2026 | Listed | $1,050,000 | $845 |
| 01-29-2026 | Price Decrease | $195,000-2.50% | $157 |
| 11-21-2025 | Price Decrease | $200,000-4.76% | $161 |
| 11-13-2025 | Price Decrease | $210,000-4.55% | $169 |
| 10-25-2025 | Relisted | $220,000-12.00% | $177 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 122 Rainbow Drive, Murrells Inlet SC | 0 mi | $1,050,000 | days | |
| 119 Sunset Drive, Garden City SC | 0.1 mi | $1,550,000 | days | |
| 113B 9th Avenue, Surfside Beach SC | 1.2 mi | $700,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 29576
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Occupancy Types |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By David Hoffman Realty Charlotte
122 Rainbow Drive, Murrells Inlet SC is a 1244 ft2 on a 0.150 acres lot. This is for $1,050,000. This has 5 bedrooms, 7 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2026-05-11 10:31:55 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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