11949 Grandhaven Dr., Murrells Inlet, SC 29576
Local realty services provided by:CENTURY 21 Boling & Associates, Inc.
Listed by: jeff forman
Office: keller williams the forturro g
MLS#:2607484
Source:SC_CCAR
Price summary
- Price:$9,000,000
- Price per sq. ft.:$261.03
About this home
Rarely does a coastal senior housing opportunity of this caliber come to market. Garden Manor Village is a 39-unit senior independent living community nestled in the heart of Murrells Inlet — the Grand Strand's most coveted waterfront village — just five minutes from Garden City Beach and fifteen minutes south of Myrtle Beach. This established, income-producing community offers residents an all-inclusive lifestyle that sets it apart from conventional senior housing: monthly rent covers all utilities, a daily mid-day meal, weekly housekeeping, and a full schedule of social activities. Apartment homes are available in one-bedroom, one-and-a-half-bedroom, and two-bedroom floor plans ranging from 575 to 992 square feet, all featuring full kitchens and in-unit washers and dryers. The property is pet-friendly with no security deposit required — a combination that drives consistent leasing demand in the senior demographic. The investment thesis here is straightforward: a high-quality, amenity-rich asset in one of the Southeast's fastest-growing retirement corridors, operating below stabilized occupancy, with architectural plans already completed for a 16-unit expansion. The value-add story is occupancy-driven, not renovation-dependent. Murrells Inlet offers everything today's active senior demands — waterfront dining along the Marshwalk, world-class golf, Atlantic beaches, and immediate proximity to Grand Strand Medical Center and Tidelands Health. Horry County consistently ranks among the top counties in the nation for 65+ population growth, and South Carolina's tax-favorable environment for retirees continues to fuel in-migration from the Northeast and Midwest. Whether you are an experienced senior housing operator, a private equity group seeking a coastal value-add play, or a private investor looking to diversify into the recession-resilient senior living sector, Garden Manor Village warrants a serious look. Call the listing agent for financials, tour scheduling, and offering memorandum....
Contact an agent
Home facts
- Year built:2002
- Listing ID #:2607484
- Added:104 day(s) ago
- Updated:July 05, 2026 at 02:44 PM
Rooms and interior
- Living area:34,479 sq. ft.
Structure and exterior
- Year built:2002
- Building area:34,479 sq. ft.
- Lot Features:Outside City Limits, Rectangular
- Construction Materials:Masonry
- Foundation Description:Slab
Schools
- High school:Saint James High School
- Middle school:Saint James Middle School
- Elementary school:Seaside Elementary School
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$9,000,000
- Price per sq. ft.:$261.03
Features and amenities
- Amenities:Clubhouse
Parking
- Parking description:Assigned
New listings near 11949 Grandhaven Dr.
- New
$695,000Active3 beds 2 baths3,114 sq. ft.4008 Mckinney Dr., Murrells Inlet, SC 29576
MLS# 2616831Listed by: REALTY ONE GROUP DOCKSIDESOUTH - New
$695,000Active3 beds 3 baths3,425 sq. ft.454 Willcox Ave., Murrells Inlet, SC 29576
MLS# 2616778Listed by: SLOAN REALTY GROUP - New
$299,500Active3 beds 2 baths1,700 sq. ft.908 Jackline Place #203, Murrells Inlet, SC 29576
MLS# 2616777Listed by: CENTURY 21 PALMS REALTY - New
$374,900Active4 beds 3 baths2,161 sq. ft.5074 Wesley Rd., Murrells Inlet, SC 29576
MLS# 2616758Listed by: S.H. JUNE & ASSOCIATES, LLC - New
$550,000Active5 beds 4 baths3,820 sq. ft.577 Haven View Way, Murrells Inlet, SC 29576
MLS# 2616742Listed by: SEA OATS REAL ESTATE - New
$474,500Active2 beds 2 baths1,311 sq. ft.316 Misty Breeze Ln., Murrells Inlet, SC 29576
MLS# 2616725Listed by: PARKER PROPERTIES - New
$399,000Active0.56 AcresLot 3 Coastal Professional Park, Murrells Inlet, SC 29576
MLS# 2616735Listed by: ERA WILDER REALTY INC PI - New
$684,999Active4 beds 3 baths2,984 sq. ft.104 Hagar Brown Rd., Murrells Inlet, SC 29576
MLS# 2616664Listed by: CB SEA COAST ADVANTAGE MI - New
$550,000Active4 beds 4 baths3,100 sq. ft.568 Canborough Lane, Murrells Inlet, SC 29576
MLS# 2616671Listed by: THE OCEAN FOREST COMPANY - New
$815,000Active3 beds 3 baths2,316 sq. ft.412 Pine Ave., Murrells Inlet, SC 29576
MLS# 2616673Listed by: REALTY ONE GROUP DOCKSIDESOUTH