If you love the water and are looking for a waterfront home in Myrtle Beach, you’re in luck! There are a number of different kinds of waterfront homes to appeal to your aquatic senses in the Grand Strand. From beachfront to lakefront, there is something for every water lover in the Myrtle Beach market.
Oceanfront property, also often referred to as beachfront is available in two main housing types along the Grand Strand: stilt houses and oceanfront condos. Stilt houses are houses built up on stilts, usually with parking space where the first level of the house would be. Many come equipped with elevators and extra storage built in to the ground level. These homes can be right on the beach or a block away but still have an ocean view. Oceanfront homes are not cheap and the average price ranges between $1 million to $2.5 million.
A beautiful but less expensive option for oceanfront living is an oceanfront condo. Depending on the size of the condo, the property and the view, these units can sell from the $70,000s all the way up to $1million or more. Oceanfront condos typically have resort-style amenities and many serve as investment properties for those who use them as vacation rentals. And while you get resort amenities, you often pay a hefty HOA due every month for those amenities. However, if you plan ahead for the HOA dues as part of your cost of ownership, an oceanfront condo can get you the watery view you desire at a more reasonable price point.
The communities of Conway and Socastee are the most commonly thought-of when it comes to riverfront property. A home “on the river” typically refers to the Waccamaw River that runs through the area. It’s important to have a good knowledge of flood plains and flooding history when choosing a home along the river as flood insurance is a must when living close to a river and some companies will not insure a property that technically lies in a flood plain. Be sure to ask your real estate agent about the flood history of any property along the river.
Intracoastal Waterway Property
The Intracoastal Waterway or ICW stretches down through the Grand Strand and offers yet another form of waterfront property to consider. Many homes along the ICW are designed so that their best side faces out to the waterway. A joy for boaters and sight-seers alike, a ride down the ICW can give you views of many homes that can only be seen from the water. Similar to riverfront property, it’s important to know the flood history of any property along the ICW before you buy.
A large number of homes are in complexes that include a number of man-made lakes or are adjacent to golf courses with man-made lakes. These lakeview properties are a good alternative for anyone who wants to be a little more inland and not directly on the river or ICW. Most of these communities stock their lakes with fish and many homes feature boat decks in the back yard. If you don’t have a boat dock, most of these communities offer boat storage and a boat slip for easy access to the community’s waterways. Residents enjoy fishing, boating, paddleboarding and kayaking throughout the community.
If waterfront property is appealing to you, there are a number of different types of waterfront homes to choose from in Myrtle Beach and the surrounding areas. Choose from oceanfront, riverfront, lakefront or the Intracoastal Waterway. No matter which you choose, your Century 21 Broadhurst agent is your guide to all things waterfront on the Grand Strand.