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For sale
  • $9,000,000

    11949 Grandhaven Dr. #100 Garden Manor Ct., Murrells Inlet, SC 29576

    --beds
    --baths
    34,476sqft
    : 
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    Multi Family, Apartment
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $261/sqft
    $-- HOA

    What's special

    Full kitchensIn-unit washers and dryers
    Rarely does a coastal senior housing opportunity of this caliber come to market. Garden Manor Village is a 39-unit senior independent living community nestled in the heart of Murrells Inlet — the Grand Strand's most coveted waterfront village — just five minutes from Garden City Beach and fifteen minutes south of Myrtle Beach. This established, income-producing community offers residents an all-inclusive lifestyle that sets it apart from conventional senior housing: monthly rent covers all utilities, a daily mid-day meal, weekly housekeeping, and a full schedule of social activities. Apartment homes are available in one-bedroom, one-and-a-half-bedroom, and two-bedroom floor plans ranging from 575 to 992 square feet, all featuring full kitchens and in-unit washers and dryers. The property is pet-friendly with no security deposit required — a combination that drives consistent leasing demand in the senior demographic. The investment thesis here is straightforward: a high-quality, amenity-rich asset in one of the Southeast's fastest-growing retirement corridors, operating below stabilized occupancy, with architectural plans already completed for a 16-unit expansion. The value-add story is occupancy-driven, not renovation-dependent. Murrells Inlet offers everything today's active senior demands — waterfront dining along the Marshwalk, world-class golf, Atlantic beaches, and immediate proximity to Grand Strand Medical Center and Tidelands Health. Horry County consistently ranks among the top counties in the nation for 65+ population growth, and South Carolina's tax-favorable environment for retirees continues to fuel in-migration from the Northeast and Midwest. Whether you are an experienced senior housing operator, a private equity group seeking a coastal value-add play, or a private investor looking to diversify into the recession-resilient senior living sector, Garden Manor Village warrants a serious look. Call the listing agent for financials, tour scheduling, and offering memorandum.
    102 days
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    235
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Forman 843-902-4325,

    Keller Williams The Forturro Group,

    Lee Ohana 386-262-4585,

    Keller Williams The Forturro Group

    Source: CCAR,MLS#: 2607484MLS LogoOriginating MLS: Coastal Carolinas Association of Realtors

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      Facts & features

      Interior

      Interior area
      • Total structure area: 34,479
      • Total interior livable area: 34,476 sqft

      Property

      Parking
      • Parking features: Assigned
      Lot
      • Dimensions: 530' x 742' x 244' x 470'
      • Features: Outside City Limits, Rectangular, Rectangular Lot
      Details
      • Additional parcels included: ,
      • Parcel number: 46904010019
      • Zoning: HC
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      • Attached to another structure: Yes
      Materials
      • Masonry
      • Foundation: Slab
      Condition
      • Resale
      • Year built: 2002

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Clubhouse, Long Term Rental Allowed
      • Security: Fire Alarm, Heat Detector, Smoke Detector(s)
      • Subdivision: Not within a Subdivision
      HOA
      • Has HOA: No
      • Amenities included: Clubhouse, Pet Restrictions
      Location
      • Region: Murrells Inlet

      Financial & listing details

      • Price per square foot: $261/sqft
      • Date on market: 3/23/2026
      • Listing terms: Cash,Conventional,Portfolio Loan
      • Lease term: 12 Months
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,537/mo

        Price history

        DateEventPrice
        3/23/2026Listed for sale$9,000,000$261/sqft
        Source: CCAR #2607484 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 29576

        Getting around

        26 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Seaside Elementary School
        • Middle: Saint James Middle School
        • High: Saint James High School

        Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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