21 days on rocket

488 W Palms Dr, Myrtle Beach, SC, 29579

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
4,714 SqFt
$414/SqFt
House
Schools Nearby

Location

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488 W Palms Dr, Myrtle Beach$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUnderground, Garage Door Opener
Year Built2018
HeatingElectric
CoolingCentral Air
WaterfrontBoat Ramp, Boat Lift, Water Access
Private PoolYes
MLS #2411215
Lot Size0.23 Acres
StatusActive

About 488 W Palms Dr

Overlooking the picturesque Intracoastal Waterway (ICW) stretching from Maine to Miami and accompanying Myrtlewood Golf Club serve as the perfect backdrop for this stunning 5-bedroom, 4-bathroom custom built residence encompassing over 5,000 sqft located just inside the private gated community of Waterway Palms Plantation. Situated minutes from the areas best beaches and schools this meticulously maintained home highlights are not readily identifiable including the 2x6 exterior wall construction with closed cell foam insulation providing utility efficiency, all impact-resistance glass windows, synthetic stucco with extensive weeping system, and all stainless-steel fasteners for longevity. These strong foundational elements accentuate a professionally decorated opulent contemporary interior that features; ceramic wood tile floors with molding and trim spanning the entire property, soft close custom cabinets, high-end lighting fixtures, linear gas fireplace, seamless glass tile shower enclosures with top of line plumbing fixtures, gourmet kitchen with marble backsplash, custom audio and video packages including the televisions, 3 stop elevator, and a climate-controlled garage just to name a few. Completing the home are skillfully crafted grounds that accent the large gunite heated salt water pool and hot tub encased with a travertine pool deck and meandering paver walking path that leads to the private dock and 10,000-pound boat lift. Inside the confines of Waterway Palms Plantation, the community offers an array of quality-of-life amenities including large resort style pool areas, clubhouse, gym, tennis courts, playground, boat ramp, boat & RV storage area, and regularly planned social events. For a full list of upgrades and options or to schedule your private viewing call me or your realtor today.

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Beach
  • Year Built: 2018
  • Living Area: 4,714 SqFt

Listing Office:

  • Office Name: Surfside Realty Co Inc
  • Office Phone: (843) 238-4442

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Dryer, Washer
  • Flooring Type: Luxury Vinyl Plank, Tile
  • Interior: Elevator, Handicap Access, Hot Tub/Spa, Window Treatments, Breakfast Bar, Bedroom on Main Level, Entrance Foyer, Stainless Steel Appliances, Solid Surface Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Boat Ramp, Boat Lift, Water Access
  • Exterior: Boat Ramp, Hot Tub/Spa, Pool, Porch

Parking Information:

  • Parking: Underground, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 488 W Palms Dr

3D Tour

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Carolina Forest High School, Public District Grades 9-12
  • Ocean Bay Middle School, Public District Grades 6-8
  • River Oaks Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $414/SqFt

HOA Fees:

  • Amount: $136
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,604
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

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Myrtle Beach, SC

City

Med. Sold Price

$317K

Med. Price/SqFt

$212

Avg. Days On Market

111

# of Sold Homes

401

488 W Palms Dr vs Myrtle Beach

21 DAYS ON ROCKET

-90 Days

$1,950,000

+$1.6M More

$414/SqFt

+$201 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $201/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2411215

Listing Office:

  • Office Name: Surfside Realty Co Inc
  • Office Phone: (843) 238-4442

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 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: 5/29/2024, 5:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 27, 2016Home Sold
$145,000
Sep 03, 2013Home Sold
$91,000
Nov 17, 2004Home Sold
$274,880

Tax History

YEARPROP. TAXASSESSMENT
2020$2,604$29,417
2019$2,568$735,420
2018$528$145,030
2017$1,856$145,030

History based on county public records data.

Payment Calculator

$9,936

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4244224
8
/10

  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 1.60 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4244225
5
/10

  • Ocean Bay Middle School

  • 905 International Dr

  • 1.96 miles

  • Public District Grades 6-8

High School

school-card-donut-4244226
6
/10

  • Carolina Forest High School

  • 700 Gardner Lacy Rd

  • 6.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,321. Residents of Myrtle Beach, SC typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 488 W Palms Dr

What is the listing price of this property?

The listing price of 488 W Palms Dr property is $1,950,000.

What type of property is this?

The property 488 W Palms Dr is a house located in Myrtle Beach, South Carolina, 29579.

Is this property for sale now?

Active Listing: 488 W Palms Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 488 W Palms Dr are:
River Oaks Elementary School: GreatSchools Rating 8/10
Ocean Bay Middle School: GreatSchools Rating 5/10
Carolina Forest High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,604 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 27, 2016 for $145,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 488 W Palms Dr has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 488 W Palms Dr is 4,714 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 488 W Palms Dr is 2018.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29579›488 W Palms Dr

This home is located at 488 W Palms Dr in Myrtle Beach, SC and zip code 29579 in the Carolina Forest neighborhood. This 4,714 square foot home, which was built in 2018, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,950,000.

While more than 22 listings in Myrtle Beach, SC in April 2024 were sold above asking price, there were more than 75 listings sold at asking price, and more than 304 were sold below. The number of listings in Myrtle Beach, SC increased by 4.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $317,039, while the average time on the real estate market was 111 days.

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

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