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.
Pending
Price cut: $25K (8/19)
$975,000
122 Rainbow Dr., Murrells Inlet, SC 29576
5beds
2,232sqft
Single Family Residence
Built in 2006
6,534 Square Feet Lot
$935,700 Zestimate®
$437/sqft
$-- HOA
What's special
Private poolSmart tvs throughoutHot tubOversized island seatingEye-catching airplane muralSeveral walk in showersLong family-style dining table
- 158 days
- 137
- 3
Zillow last checked:
Listing updated:
Listed by:
Megan R Banks 704-905-8689,
David Hoffman Realty
Source: CCAR,MLS#: 2610482
Originating 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: $437/sqft
- Tax assessed value: $623,045
- Annual tax amount: $3,748
- Date on market: 4/22/2026
- Listing terms: Cash,Conventional
Estimated market value
$935,700
$889,000 - $982,000
$3,504/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $975,000$437/sqft |
Source: | ||
| 8/19/2026 | Price change | $975,000-2.5%$437/sqft |
Source: | ||
| 7/25/2026 | Price change | $1,000,000-4.8%$448/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $1,050,000+8.2%$470/sqft |
Source: | ||
| 2/29/2024 | Sold | $970,000-7.6%$435/sqft |
Source: | ||
| 1/10/2024 | Listing removed | -- |
Source: | ||
| 11/13/2023 | Listed for sale | $1,050,000+31.3%$470/sqft |
Source: | ||
| 11/15/2021 | Sold | $799,999-5.9%$358/sqft |
Source: | ||
| 8/3/2021 | Pending sale | $850,000$381/sqft |
Source: | ||
| 7/27/2021 | Listed for sale | $850,000$381/sqft |
Source: | ||
| 7/12/2021 | Pending sale | $850,000$381/sqft |
Source: | ||
| 7/6/2021 | Listed for sale | $850,000$381/sqft |
Source: | ||
| 6/18/2021 | Pending sale | $850,000$381/sqft |
Source: | ||
| 5/28/2021 | Listed for sale | $850,000+249.4%$381/sqft |
Source: | ||
| 11/27/2019 | Sold | $243,275+62.2%$109/sqft |
Source: Public Record Report a problem | ||
| 9/25/2002 | Sold | $150,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 29576
Nearby schools
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.





