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122 Rainbow Dr., Murrells Inlet
Photo 1 of 54

$975,000

Reduced from $1,050,000

Pending No HOA
Home type
Single family
Beds
5
Baths
6
Sq ft
2,232
Acreage
0.15 acres
Year built
2006
Garage
Not reported
HOA
$0

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About this home

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.

Key highlights

  • 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.
  • This home features an elevator that runs all 3 levels and several walk in showers!
  • Nearly every bedroom has it's own bath!

More property details

Interior

Kitchen

  • Range
  • Dishwasher
  • Garbage Disposal
  • Refrigerator
  • Microwave

Interior Features

  • Spa/Hot Tub
  • Smoke Detector
  • Wshr/Dryer Connection
  • Washer/Dryer
  • Furnished

Floor Cover

  • Tile
  • Luxury Vinyl Plank/Tile

Exterior & construction

Architectural style
RaisedBeach
Zoning
MSF6

Exterior Finish

  • Wood Frame

Levels

  • Three or More

Exterior Features

  • Patio
  • Deck
  • Balcony
  • Front Porch
  • Rear Porch
  • Fencing
  • Spa/Hot Tub
  • Built-in BBQ

Lot Description

  • Irregular

Utilities

Heating and Cooling

  • Central Heat
  • Central Air
  • Electric

Schools

Elementary
Seaside Elementary School
Middle
Saint James Middle School
High
Saint James High School

Price history

Current asking price
$975,000
Original list price
$1,050,000
Listed
Apr 22, 2026
Last price change
Aug 18, 2026

Location and local market

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Estimated monthly payment

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Down payment
20% · $195,000

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Estimated total monthly

$5,621/mo

$4,930 principal & interest · $691 taxes & insurance

20% · $195,000

Loan amount $780,000. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.

Listing information

Listed with David Hoffman Realty. MLS #2610482. Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.