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For sale
    • Price cut: $50K (7/25)
    $1,000,000

    122 Rainbow Dr., Murrells Inlet, SC 29576

    5beds
    2,232sqft
    : 
    $5,729/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    6,534 Square Feet Lot
    $955,600 Zestimate®
    $448/sqft
    $-- HOA

    What's special

    Private poolSmart tvs throughoutHot tubOversized island seatingEye-catching airplane muralSeveral walk in showersLong family-style dining table
    Located in the heart of Murrells Inlet, this home offers the rare combination of proven performance and coastal lifestyle—featuring strong prior rental income and nearly 35,000 in upgrades completed within the past year. 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. This home features an elevator that runs all 3 levels and several walk in showers! Nearly every bedroom has it's 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, bold design elements like an eye-catching airplane mural and steel beam accents create a memorable first impression, while the open-concept living, kitchen, and dining areas provide a natural gathering space. A long family-style dining table and oversized 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.
    108 days
    |
    1,558
    |
    79
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan R Banks 704-905-8689,

    David Hoffman Realty

    Source: CCAR,MLS#: 2610482MLS LogoOriginating MLS: Coastal Carolinas Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), Main Level Primary
      • Level: First
      Primary bathroom
      • Features: Jetted Tub
      Dining room
      • Features: Beamed Ceilings, Ceiling Fan(s), Living/Dining Room
      Kitchen
      • Features: Breakfast Bar, Dishwasher, Kitchen Island, Stainless Steel Appliances
      Living room
      • Features: Beamed Ceilings, Ceiling Fan(s)
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
      • Laundry: Washer Hookup
      Features
      • Air Filtration, Ceiling Fan(s), Elevator, Furnished, Jetted Tub, Main Level Primary, Breakfast Bar, Kitchen Island, Stainless Steel Appliances
      • Flooring: Luxury Vinyl, Luxury VinylPlank, Tile
      • Doors: Insulated Doors
      • Furnished: Yes
      Interior area
      • Total structure area: 2,232
      • Total interior livable area: 2,232 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Underground, Boat
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Rear Porch, Deck, Front Porch, Patio
      • Exterior features: Built-in Barbecue, Balcony, Barbecue, Deck, Fence, Hot Tub/Spa, Porch, Patio, Storage
      • Has private pool: Yes
      • Pool features: Outdoor Pool, Private
      • Has spa: Yes
      • Spa features: Hot Tub
      Lot
      • Size: 6,534 Square Feet
      • Features: Irregular Lot
      Details
      • Additional parcels included: ,
      • Parcel number: 47004010103
      • Zoning: MSF6
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Beach
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      Condition
      • Resale
      • Year built: 2006

      Utilities & green energy

      Green energy
      • Energy efficient items: Doors, Windows

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Myrtle Dunes
      HOA
      • Has HOA: No
      Location
      • Region: Murrells Inlet

      Financial & listing details

      • Price per square foot: $448/sqft
      • Tax assessed value: $623,045
      • Annual tax amount: $3,748
      • Date on market: 4/22/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $955,600

        $908,000 - $1.00M

        $3,200/mo

        Price history

        DateEventPrice
        7/25/2026Price change$1,000,000-4.8%$448/sqft
        Source: Canopy MLS as distributed by MLS GRID #4372921 Report a problem
        4/22/2026Listed for sale$1,050,000+8.2%$470/sqft
        Source: Canopy MLS as distributed by MLS GRID #4372921 Report a problem
        2/29/2024Sold$970,000-7.6%$435/sqft
        Source: CCAR #2323112 Report a problem
        1/10/2024Listing removed--
        Source: CCAR #2323112 Report a problem
        11/13/2023Listed for sale$1,050,000+31.3%$470/sqft
        Source: CCAR #2323112 Report a problem
        11/15/2021Sold$799,999-5.9%$358/sqft
        Source: CCAR #2111743 Report a problem
        8/3/2021Pending sale$850,000$381/sqft
        Source: CCAR #2111743 Report a problem
        7/27/2021Listed for sale$850,000$381/sqft
        Source: CCAR #2111743 Report a problem
        7/12/2021Pending sale$850,000$381/sqft
        Source: CCAR #2111743 Report a problem
        7/6/2021Listed for sale$850,000$381/sqft
        Source: CCAR #2111743 Report a problem
        6/18/2021Pending sale$850,000$381/sqft
        Source: CCAR #2111743 Report a problem
        5/28/2021Listed for sale$850,000+249.4%$381/sqft
        Source: CCAR #2111743 Report a problem
        11/27/2019Sold$243,275+62.2%$109/sqft
        Source: Public Record Report a problem
        9/25/2002Sold$150,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,748 $294,228
        2024$3,748 +11.1%$294,228 +15%
        2023$3,374 +4.8%$255,850
        2022$3,221 $255,850
        2021$3,221 +4.2%--
        2020$3,091 --
        2019-- --
        2018$792 $9,070 -42.2%
        2017-- $15,693
        2016-- $15,693
        2015-- $15,693
        2014$2,826 $15,693
        2013-- --
        2012-- --
        2010-- $11,796 +72%
        2009-- $6,860
        2008-- $6,860
        2007-- $6,860
        2005-- $6,860
        2004$1,206 +37.3%$6,860 +37.3%
        2003$878 $4,996
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 29576

        Getting around

        26 / 100
        Car-Dependent
        38 / 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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