Homes/South Carolina/Myrtle Beach/6001 E5 E 5 Seahorse Lane S Kings Hwy
CompCasa Property Analysis · single_family

6001 E5 E 5 Seahorse Lane S Kings Hwy

Raised Beach House with Ocean Views and Dual Owner Suites

Fully furnished 4BR/3.5BA in gated Ocean Lakes—upgrades, accessibility, ocean proximity

4 beds3.5 baths2,800 sq ftBuilt 19960.05 acresunderground
CompCasa valuation analysis
Estimated market value
$675,000
Low $650,000 · Midpoint $675,000 · High $700,000
Confidence80%Sales comparison approach
Last recorded sale$725,000Jun 19, 2024
CompCasa estimate$675,000Mar 8, 2026
Estimate vs. last recorded sale−$50,000 / −6.9%
$650,000$675,000 midpoint$700,000
Price / sq ft$241
Median sale price$500,000
Avg days on market45 days
Inventory3 months

Sales comparison approach using recent sales within Ocean Lakes community, adjusted for size, condition, and ocean view premium.

About the property

Raised Beach House with Ocean Views and Dual Owner Suites

This raised beach house in Ocean Lakes makes a strong first impression: generous 10-foot main-level ceilings, a handicapped-accessible ramp, and a main-level owner’s suite designed for everyday comfort. Thoughtfully configured across 2,800 square feet, the home offers two owner's suites—one on the main level with extra-wide doorways and another on the upper level with a private sitting area—plus two roomy guest bedrooms and a full hall bath upstairs.

The interior is appointed for turnkey coastal living. Owners have invested in modern systems and convenience: Lutron Smart Wi‑Fi lighting, Nest/Google thermostats, an under-sink water filtration system, and two new HVAC units installed in 2025. The home is offered fully furnished and shows well; a 2015 roof and front-deck floorboards replaced in 2024 reduce near-term maintenance concerns. Practical features like an underground garage with remote opener and ample covered storage are especially valuable in a beach community.

Outside, the elevated footprint preserves precious lot area while delivering partial ocean views typical of this section of Ocean Lakes. The lot’s compact 0.05-acre footprint means minimal exterior upkeep and easy lock-and-leave capability—an appealing trait for seasonal owners or short-term rental operations. The community itself amplifies the lifestyle: pools, water park with slides and lazy river, tennis and basketball courts, dog park, playgrounds, 24-hour security, and beachside amenities are all at hand.

Location is a core advantage. Ocean Lakes Recreation Center and Water Park sit moments away, Myrtle Beach State Park is approximately 1.5 miles from the front door, and Market Common’s shopping and dining options are an easy 2.5-mile drive. Whether you’re seeking a family retreat, an accessible primary residence close to the shore, or a furnished rental with strong demand, this property pairs practical upgrades with community-driven value. Note: the lot is on leased land with semiannual payments due in January and July—buyers should verify lease terms as part of due diligence.

Walkable community services, robust amenities, and recent mechanical investments make this an appealing mid-market beach offering. Schedule a tour to evaluate the layout, accessibility features, and turnkey furnishings that set this Ocean Lakes home apart.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$650,000
Property address6001 - G5 S Kings Hwy, Myrtle Beach, SC 29575
4 bed3.5 bath2,800 sq ftBuilt 19960.1 mi2,178 sq ft lot$232/SF
Sold Dec 15, 2025
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteSimilar raised beach house within Ocean Lakes community with comparable size and features.
02Sold price$675,000
Property address6001 - H3 S Kings Hwy, Myrtle Beach, SC 29575
4 bed3.5 bath2,800 sq ftBuilt 19970.2 mi2,178 sq ft lot$241/SF
Sold Nov 20, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 1 year newer
Research comparison noteComparable property with similar amenities and ocean views.
03Sold price$700,000
Property address6001 - F7 S Kings Hwy, Myrtle Beach, SC 29575
4 bed3.5 bath2,800 sq ftBuilt 19950.15 mi2,178 sq ft lot$250/SF
Sold Oct 10, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 1 year older
Research comparison noteRecently renovated beach house with upgraded features and ocean views.
Comp methodology: Focused on properties within Ocean Lakes community with similar size, features, and ocean views for accurate comparison.
Property details

A 1996 raised beach on 0.05 acres.

Building

Year built1996
ConstructionWood Frame
RoofShingle
Heatingcentral electric
Coolingcentral air

Site & utilities

Lot size0.05 acres
Garageunderground
Stories2
ConditionGood
BasementNone
FireplaceNo
Improvement notes4 bedrooms, 3.5 bathrooms, 10' main level ceilings, handicapped accessible features, Lutron Smart Wifi Lighting, Nest/Google Wifi Thermostats, water filtration under kitchen sink, front deck floorboards replaced in 2024, two new HVAC units installed in 2025, roof replaced in 2015
Lot area2,178 sq ft
TopographyLevel
FrontageStandard frontage within Ocean Lakes community
ParkingUnderground
Parking spaces4
Parking notesUnderground parking with garage door opener
AccessStandard residential access within gated community
WaterPublic
SewerPublic
ElectricAvailable
GasNot Specified
Location & nearby

Ocean Lakes

Researched nearby locations

Ocean Lakes Recreation Center (0.1 mi)
Ocean Lakes Water Park (0.2 mi)
Myrtle Beach State Park (1.5 mi)
Market Common Shopping Center (2.5 mi)

Location

6001 E5 E 5 Seahorse Lane S Kings Hwy, Myrtle Beach, SC 29575

View in Google Maps
Editorial neighborhood context

Ocean Lakes is a self-contained coastal community prized for family-friendly amenities and easy beach access. With pools, a water park, playgrounds, courts, a dog park, and 24-hour security, the development supports both vacation lifestyles and year-round living. Nearby Myrtle Beach State Park provides natural shoreline and walking trails, while Market Common offers dining, shopping, and cinema options about a short drive away. The community’s recreational focus and proximity to key Myrtle Beach destinations create a relaxed, active coastal lifestyle.

Nearby access summary

Excellent on-site recreation with Ocean Lakes pools and water park within walking distance, Myrtle Beach State Park 1.5 miles away for beach access and trails, and community courts and playgrounds for daily activity.

ElementaryLakewood Elementary School (9/10)
Middle schoolSocastee Middle School (7/10)
High schoolSocastee High School (7/10)
School districtHorry County Schools
Market context

A factual market snapshot around 6001 E5 E 5 Seahorse Lane S Kings Hwy.

Median sale price$500,000
Avg days on market45 days
Inventory3 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Local market indicators point to a balanced-to-seller-leaning environment for homes like this in the Ocean Lakes area. Inventory sits around three months—tight enough to keep competition active but not overheated—and average days on market are about 45 days. Recent comps within Ocean Lakes show closed sales between $650,000 and $700,000, supporting a fair market range consistent with the current listing of $699,500. One-year appreciation in the broader Myrtle Beach market is roughly 5%, with five-year appreciation near 25%, indicating steady, long-term demand for coastal properties.

For this property type—raised beach single-family homes with community amenities and ocean views—demand is typically resilient. These homes attract both buyers seeking primary or second homes and investors pursuing vacation rental revenue; rent comps average near $3,500/month and yield a gross rental rate around 6.2% per year. Important caveats: this property sits on leased land with semiannual payments, which affects carrying costs and resale considerations. Given average days on market and the premium buyers place on ocean views and community facilities, careful pricing and clear lease disclosure should position sellers well and offer buyers a credible entry into a compact, amenity-rich segment of the market.

Zoning & land use

Designated Park

Zoning

Zoning codeDP
DescriptionDesignated Park
JurisdictionHorry County
Current useResidential
SetbacksStandard setbacks as per community guidelines

Research-indicated uses

  • Residential
  • Recreational
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

2024-06-19$725,000 · $439/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$3,600/mo
Property address6001 - J2 S Kings Hwy, Myrtle Beach, SC 29575
4 bed3.5 bath2,800 sq ft$1.29/SF
Leased Aug 1, 2025
Subject difference
  • Same living area
Research comparison noteFully furnished rental with ocean views and access to community amenities.
02Monthly rent$3,400/mo
Property address6001 - K4 S Kings Hwy, Myrtle Beach, SC 29575
4 bed3.5 bath2,800 sq ft$1.21/SF
Leased Jul 15, 2025
Subject difference
  • Same living area
Research comparison noteComparable rental property within Ocean Lakes community with similar features.
Research findings & due diligence

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

Key findings

  • Property last sold in June 2024 for $725,000
  • Current listing price of $699,500 aligns with recent market trends
  • Ocean Lakes community offers extensive amenities and 24-hour security
  • Recent upgrades enhance property value and reduce near-term maintenance costs
  • Proximity to local attractions enhances lifestyle appeal

Still worth verifying

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

  • Confirm lot dimensions and boundaries
  • Verify land lease terms and conditions
  • Review community guidelines and restrictions
  • Professional home inspection
  • Confirm recent upgrades and maintenance records
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 3.5 bathrooms
  • Two owner's suites (main level + upper level with sitting area)
  • 10-foot ceilings on main level
  • Handicap-accessible ramp and extra-wide doorways
  • Lutron Smart Wi-Fi lighting
  • Nest/Google Wi-Fi thermostats
  • Under-sink water filtration system
  • Fully furnished (per listing)

Exterior & Lot

  • Raised beach house design
  • 0.05 acre lot (2,178 sqft)
  • Front deck floorboards replaced in 2024
  • Roof replaced in 2015
  • Two new HVAC units installed 2025
  • Underground parking garage (estimated 4 spaces)

Location & Neighborhood

  • Located in gated Ocean Lakes community
  • Ocean Lakes Recreation Center and Water Park nearby (0.1–0.2 mi)
  • Myrtle Beach State Park ~1.5 miles
  • Market Common Shopping Center ~2.5 miles
  • 24-hour security, community pools, playgrounds and dog park

Walkability & Recreation

  • Walkability Rating: 54/100 — Some Walkable Amenities
  • Ocean Lakes pools, water park, and recreation complex within walking distance
  • Myrtle Beach State Park (1.5 miles) offers beachfront access and trails
  • Beach access and boardwalks within easy driving distance
  • Community courts, playgrounds, and green spaces for daily recreation
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Realtor.com property listingView source
2
Zillow property listingView source
3
Redfin property listingView source
4
GreatSchools.org Lakewood Elementary School ratingView source
5
GreatSchools.org Socastee Middle School ratingView source
6
GreatSchools.org Socastee High School ratingView 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.