$10,000

closing credit¹

124 Rainbow Dr Murrells Inlet, SC 29576

$1,199,900
5 beds
5 full, 1 partial
2,200 sqft
0.1 acres
$545 / sqft
House

Property details

About 124 Rainbow Dr

Step into coastal paradise with this exquisite 5-bedroom, 5.5-bathroom raised beach house, located just steps from the sand in the highly sought-after area of Murrells Inlet. With unparalleled proximity to the beach and breathtaking views of the ocean and inlet, this property offers a unique opportunity to live the ultimate beachfront lifestyle. Perfectly designed for both relaxation and entertaining, this home boasts a private heated pool, outdoor shower, and a stylish outdoor living space featuring an outdoor TV and bar - ideal for sunset cocktails or family gatherings. The fully furnished interior is outfitted with luxurious, high-end furnishings that add to the home's sophisticated charm. Inside, the home offers an impressive open-concept living area, complete with Brazilian stone countertops, stainless steel appliances, and brand new lighting fixtures. The spacious living areas flow seamlessly, with new wooden stairs leading up to the second level. Two of the five generously sized bedrooms enjoy private balconies with stunning views of the ocean and inlet, creating a perfect setting to unwind or take in the serene surroundings. For ultimate convenience, the home features an interior elevator, making access between levels a breeze. With ample room for family and guests, this property truly shines as a luxurious primary residence or vacation getaway. Located in one of Murrells Inlet's most desirable areas, this home also offers no HOA restrictions, allowing for both short-term and long-term rentals-making it an exceptional investment opportunity with substantial rental income potential. Whether you're seeking a personal retreat, a family home, or a prime investment property, 124 Rainbow Drive is the perfect place to make your coastal dreams a reality. Don't miss out on this rare gem-schedule your private tour today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,200 sqft
Lot size0.14 Acres
Year built2006
ParkingUnderground
MLS #2502696
ViewMarsh/Swamp, Ocean
Private poolYes

Summary

  • MLS Number: 2502696
  • MLS Name: CCAR
  • Office Name: Century 21 The Harrelson Group
  • Office Phone: (843) 903-3550
  • Office Email: mmcbride@C21harrelson.com

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$1,199,900

124 Rainbow Dr

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Seaside Elementary School

Public District PK-4

1.1 mi

1605 Woodland Drive Ext

8

St. James Elementary School

Public District PK-4

3.6 mi

9711 Saint James Rd

6

St. James Intermediate School

Public District 5-6

4.0 mi

9641 Scipio Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,887. The most common annual income of people living in Murrells Inlet, SC is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
64%
35k-100k
4%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • NewsNews
  • Soft Adult ContemporarySoft Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Murrells Inlet, SC

About 124 Rainbow Dr

This home is located at 124 Rainbow Dr in Murrells Inlet, SC and zip code 29576. This 2,200 square foot home, which was built in 2006, sits on a 0.14 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $1,199,900.

In January 2025, from all listings sold in Murrells Inlet, SC there were more than 2 sold above asking price, over 48 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Murrells Inlet, SC between December and January 2025 increased by 1.7%. In January 2025 median list price was $375,000 and the average listing age was 112 days.

From Rocket Homes Real Estate and based on county public records data.

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