Property listing for 342 Phase 3 Lot 347 River Edge Dr, Myrtle Beach, SC 29588
For SaleSingle Family Home

$414,998

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

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

3 Bed · 2 Bath · 1,702 Sq Ft

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

3

Beds

2

Baths

1,702

Sq Ft

2026

Built

0.2 acres

Lot

2-car attached

Garage

About 342 Phase 3 Lot 347 River Edge Dr

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.

Home Highlights

Move-in ready new construction (2026)Smart-home package included (Ring, myQ, programmable thermostat)Corner lot with strong curb appealScreened patio and dedicated office2-car attached garage plus driveway parkingClose to Market Common and Myrtle Beach State Park

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Socastee Elementary School

Elementary

8/10

Forestbrook Middle School

Middle

4/10

Socastee High School

High

7/10

Walkability & Recreation

58
Walkability
80
Recreation

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.

Investment Highlights

  • New construction with modern smart home features and energy-efficient systems
  • Corner lot location offering enhanced privacy and curb appeal
  • Access to upcoming resort-style community amenities including boat launch and pool
  • Proximity to Market Common, Myrtle Beach State Park, and Myrtle Beach International Airport
  • Competitive pricing aligned with recent comparable sales in the community

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)

Things to Consider

  • Community amenities are planned for completion in 2026; buyers should verify timelines
  • Forestbrook Middle School has a lower rating (4/10), which may be a consideration for families
  • As new construction, buyers should confirm any additional costs for upgrades or customization
  • Property taxes and HOA fees should be confirmed as part of the overall cost assessment

Opportunity Analysis

Newly constructed smart home in a developing community with planned resort-style amenities, offering modern living in a prime Myrtle Beach location.

Potential Use Scenarios

  • Ideal for primary residence with modern features and proximity to amenities
  • Potential for long-term appreciation as community amenities are completed
  • Consideration for rental investment given demand for new homes in the area

Risk Factors

  • Dependence on timely completion of community amenities
  • Market fluctuations affecting new construction valuations
  • Potential additional costs for customization or upgrades

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$400K

Midpoint

$410K

High

$420K

$241/SF estimated price per square foot

85% confidence

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.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$380,000
Avg Days on Market60 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$65,000

The area has experienced steady population growth due to its proximity to amenities and the beach. Median home values have appreciated approximately 5% annually over the past five years.

Nearby Points of Interest

  • 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)

Proximity to Market Common offers shopping, dining, and entertainment options. Myrtle Beach State Park provides beach access and outdoor recreation. Convenient access to Myrtle Beach International Airport and Coastal Grand Mall.

School District

DistrictHorry County Schools
ElementarySocastee Elementary School (8/10)
MiddleForestbrook Middle School (4/10)
HighSocastee High School (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionbrick veneer
Stories1
Roofasphalt shingle
Heatingforced air gas
Coolingcentral AC
Basementnone
FireplaceNo
Conditionnew

Lot & Site

Lot Size0.2 acres (8,712 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageCorner lot with frontage on River Edge Dr

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gasnatural gas available

Zoning & Land Use

Zoning CodePDD
DescriptionPlanned Development District
JurisdictionHorry County

Allowed Uses

single family residentialcommunity amenities
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Sale History

2026-03-07$414,998

$244/SF

New construction listing.

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