Homes/South Carolina/Myrtle Beach/342 Phase 3 Lot 347 River Edge Dr
CompCasa Property Analysis · single_family

342 Phase 3 Lot 347 River Edge Dr

New 3-Bed Ranch with Smart Home Features on Corner Lot

Modern ranch in Crescent Cove — screened patio, office, 2-car garage

3 beds2 baths2,312 sq ftBuilt 20260.2 acres2-car attached
CompCasa valuation analysis
Estimated market value
$410,000
Low $400,000 · Midpoint $410,000 · High $420,000
Confidence85%Sales comparison approach
Last recorded sale$414,998Mar 7, 2026
CompCasa estimate$410,000Mar 8, 2026
Estimate vs. last recorded sale−$4,998 / −1.2%
$400,000$410,000 midpoint$420,000
Price / sq ft$241
Median sale price$380,000
Avg days on market60 days
Inventory3.5 months

Sales comparison approach using recent sales of similar new construction homes in Crescent Cove. Adjusted for lot size, corner lot premium, and included smart home features.

About the property

New 3-Bed Ranch with Smart Home Features on Corner Lot

What sets this Crescent Cove offering apart is its corner-lot presence and thoughtfully specified systems — a single-story ranch that pairs practical everyday living with smart, energy-minded infrastructure. The Morgan floorplan at 342 Phase 3 Lot 347 River Edge Dr delivers three bedrooms, two baths and a dedicated office across approximately 1,702 square feet, all sited on a generous 0.2-acre corner parcel that fronts River Edge Drive. Brick-veneer curb appeal gives way to modern systems: Lennox gas heating, central AC, a Rinnai tankless gas water heater and pre-wired smart-home wiring throughout.

Inside, the layout leans toward comfortable, low-maintenance living. A practical home office provides work-from-home separation while the single-level plan keeps daily circulation effortless. The screened patio extends the living area outdoors for insect-free relaxation or dining, and the two-car attached garage plus driveway parking accommodates guests and toys with ease. Construction details include an asphalt shingle roof and durable exterior materials selected for coastal living.

The home’s smart feature package is a genuine convenience upgrade: programmable smart thermostat, Ring doorbell, Wi‑Fi–enabled myQ garage door opener and other pre-wired smart-home components that make security and energy control straightforward from day one. For buyers seeking turn-key modern systems, these factory-installed items reduce the need for immediate aftermarket upgrades and add to long-term value.

Location is a major draw. Crescent Cove sits under a mile from Market Common’s shopping, dining and entertainment (0.9 miles), with Myrtle Beach State Park about 2.5 miles away and Myrtle Beach International Airport within a short drive. Planned community amenities — a boat launch, day dock, pool, pickleball courts and dog park — are part of the Crescent Cove vision and are expected to come online in 2026; buyers should confirm timelines as part of their due diligence.

Priced at $414,998 and offered by Pulte Home Company, this new-construction ranch is ideal for primary residences, seasonal stays or investors targeting the strong rental demand for modern homes in the Myrtle Beach corridor. Schedule a tour to walk the lot, review the builder’s warranty and see how the corner-lot setting and included smart features position this home in today’s market.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$380,000
Property address318 River Edge Dr, Myrtle Beach, SC 29588
3 bed2 bath1,702 sq ftBuilt 20250.1 mi7,405 sq ft lot$223/SF
Sold Sep 22, 2025
Subject difference
  • 610 SF smaller
  • 1,307 SF smaller lot
  • 1 year older
Research comparison noteSimilar Morgan floorplan, slightly smaller lot size.
02Sold price$390,000
Property address328 River Edge Dr, Myrtle Beach, SC 29588
3 bed2 bath1,913 sq ftBuilt 20250.04 mi8,712 sq ft lot$204/SF
Sold Jan 30, 2026
Subject difference
  • 399 SF smaller
  • Similar lot size
  • 1 year older
Research comparison noteLarger floorplan with similar lot size.
03Sold price$403,550
Property address334 River Edge Dr, Myrtle Beach, SC 29588
3 bed2 bath1,913 sq ftBuilt 20250.02 mi8,712 sq ft lot$211/SF
Sold Dec 5, 2025
Subject difference
  • 399 SF smaller
  • Similar lot size
  • 1 year older
Research comparison noteSimilar size and features, slightly higher price point.
Comp methodology: Comparable sales and rentals were selected based on proximity, similar floorplans, and recent transaction dates to ensure relevance.
Property details

A 2026 ranch on 0.2 acres.

Building

Year built2026
ConstructionBrick Veneer
RoofAsphalt Shingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.2 acres
Garage2-car attached
Stories1
ConditionNew
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, dedicated office, screened patio, smart home features including Rinnai tankless gas water heater, Lennox central gas heating, programmable smart thermostat, Ring doorbell, Wi-Fi–enabled myQ garage door opener, and pre-wired smart home infrastructure.
Lot area8,712 sq ft
TopographyLevel
FrontageCorner lot with frontage on River Edge Dr
ParkingAttached Garage And Driveway
Parking spaces4
Parking notes2-car attached garage plus driveway for 2 vehicles
AccessStandard residential driveway from River Edge Dr
WaterPublic
SewerPublic
ElectricAvailable
GasNatural Gas Available
Location & nearby

Crescent Cove

Researched nearby locations

Market Common (0.9 mi)
Myrtle Beach State Park (2.5 mi)
Myrtle Beach International Airport (3.2 mi)
Coastal Grand Mall (4.1 mi)

Location

342 Phase 3 Lot 347 River Edge Dr, Myrtle Beach, SC 29588

View in Google Maps
Editorial neighborhood context

Crescent Cove is a growing coastal neighborhood that blends new-construction living with access to Myrtle Beach’s dining, shopping and outdoor options. Residents are minutes from Market Common’s restaurants and boutiques, and Myrtle Beach State Park offers quick access to beach trails and shoreline activities. The community is planned with resort-style amenities — pool, boat launch, pickleball and dog park — aimed at active families and second-home buyers. Socastee-area schools and easy airport access round out a lifestyle focused on convenience and coastal recreation.

Nearby access summary

Excellent coastal recreation with Myrtle Beach State Park 2.5 miles away, Market Common within a mile, and planned Crescent Cove amenities including a boat launch, pool and pickleball courts.

ElementarySocastee Elementary School (8/10)
Middle schoolForestbrook Middle School (4/10)
High schoolSocastee High School (7/10)
School districtHorry County Schools
Market context

A factual market snapshot around 342 Phase 3 Lot 347 River Edge Dr.

Median sale price$380,000
Avg days on market60 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Crescent Cove is trading in a balanced market, with indicators pointing to steady demand for new construction. Inventory sits around 3.5 months — a neutral-to-slightly-competitive environment — and comparable new-home sales in the immediate neighborhood have closed between $380,000 and $403,550 in the past 6–12 months. Average days on market for similar homes is roughly 60 days, so well-priced, feature-rich properties move briskly but buyers still retain negotiating leverage when contingencies and timing matter. Median sale price in the area is about $380,000 and the corridor has shown roughly 5% annual appreciation over five years.

For this property type — single-family new construction ranches with modern systems — demand is strong because of turnkey appeal and proximity to amenities like Market Common and Myrtle Beach State Park. The list price of $414,998 tracks slightly above recent comps but aligns with the home’s corner-lot position, included smart-home package and factory-installed energy systems; valuation estimates place fair market value near $410,000. Given moderate inventory and anticipated completion of community amenities, now is a reasonable time for buyers seeking long-term appreciation or investors seeking strong rental prospects. Verify HOA fees, property taxes, and community amenity timelines before finalizing offers.

Zoning & land use

Planned Development District

Zoning

Zoning codePDD
DescriptionPlanned Development District
JurisdictionHorry County
Assessor useSingle Family Residential
Current useResidential

Research-indicated uses

  • Single Family Residential
  • Community Amenities
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-03-07$414,998 · $244/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,100/mo
Property address1200 River Edge Dr, Myrtle Beach, SC 29588
3 bed2 bath1,702 sq ft$1.23/SF
Leased Aug 1, 2025
Subject difference
  • 610 SF smaller
Research comparison noteComparable new construction rental in the same community.
02Monthly rent$2,300/mo
Property address1250 River Edge Dr, Myrtle Beach, SC 29588
3 bed2 bath1,702 sq ft$1.35/SF
Leased Sep 15, 2025
Subject difference
  • 610 SF smaller
Research comparison noteSimilar property with upgraded features.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listed at $414,998 ($244 per square foot) with an estimated fair market value of $410,000
  • Located in Crescent Cove, a community with planned Intracoastal Waterway access and amenities
  • Smart home features include Rinnai tankless gas water heater and Lennox central gas heating
  • Corner lot size of 0.2 acres with a 2-car attached garage and additional driveway parking
  • Proximity to highly rated Socastee Elementary (8/10) and Socastee High School (7/10)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm completion timeline for community amenities
  • Verify property tax assessments and HOA fees
  • Review builder's warranty coverage and terms
  • Assess potential for customization or upgrades
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Dedicated home office
  • Screened patio access
  • Programmable smart thermostat
  • Pre-wired smart-home infrastructure
  • Rinnai tankless gas water heater
  • Lennox central gas heating
  • Central air conditioning

Exterior & Lot

  • Corner lot — 0.2 acres (approx. 8,712 sqft)
  • Brick veneer exterior
  • Asphalt shingle roof
  • 2-car attached garage
  • Driveway parking for two additional vehicles
  • Level topography with frontage on River Edge Dr

Location & Neighborhood

  • Crescent Cove community
  • 0.9 miles to Market Common
  • 2.5 miles to Myrtle Beach State Park
  • 3.2 miles to Myrtle Beach International Airport
  • Planned resort-style community amenities (pool, boat launch, pickleball, dog park)

Walkability & Recreation

  • Walkability Rating: 58/100 — Some Walkable Amenities
  • Nearby parks and green spaces (Myrtle Beach State Park within 3 miles)
  • Water access and beach recreation nearby
  • Planned community boat launch and day dock
  • Pickleball courts and dog park planned within the community
  • Running/walking routes and local bike paths near Market Common
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing page for 342 Phase 3 Lot 347 River Edge DrView source
2
Horry County Property Records SearchView source
3
Horry County Zoning InformationView source
4
Zillow listing for comparable sale at 318 River Edge DrView source
5
Zillow listing for comparable sale at 328 River Edge DrView source
6
Zillow listing for comparable sale at 334 River Edge DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.