🏖️ New Construction STR Opportunity Under $500K Near the Beach

🏡 $489K • 5 Bedrooms • 3 Bathrooms • 2,310 Heated Sq Ft • STRs Permitted • Community Pool & Pickleball • Low $150/Month HOA • Projected $90-95K Revenue

📩 Interested in this property?

👉 Contact Natalie Bisesto

📱 (914) 584-5558
✉️ [email protected]

🚨 Five Bedrooms, New Construction & STR-Friendly for $489K

At $489,000, this is an interesting way to get into a coastal vacation-rental market without taking on an older property, a major renovation, or the price tag that often accompanies a five-bedroom beach-area STR.

The property offers five bedrooms, three bathrooms, and 2,310 heated square feet, with short-term rentals permitted and access to a community pool, pickleball, clubhouse, and lake views—all just minutes from the beach, Barefoot Landing, dining, shopping, and golf.

There is also a key distinction here: according to the listing, owners receive true townhome ownership including ownership of the land, while the HOA remains just $150 per month.

For an investor who wants to create a STR from the ground up—with the opportunity to control the furnishings, design, amenities, and listing strategy from day one—this is a compelling blank canvas at a sub-$500K acquisition price.

Projected Gross Rental Income of $90,000 - $95,000 annually.

Important: The listing states that the provided photos depict the model home for illustrative purposes only, not the homes currently under construction or to be built.

📩 Interested in this property?

👉 Contact Natalie Bisesto

📱 (914) 584-5558
✉️ [email protected]

🏡 The Asset

338 Lineback Pl.

Longs, SC 29568

💰 Offered at: $489,000

• 5 Bedrooms

• 3 Bathrooms

• 2,310 Heated Sq Ft

• New Construction Townhome

• Short-Term Rentals Permitted

• Ownership of the Land

• Natural Gas

• Community Pool

• Pickleball Court

• Clubhouse

• Lake Views Within the Community

• $150/Month HOA

• Minutes from the Beach

• Minutes from Barefoot Landing

• Convenient to Golf, Shopping & Dining

Unlike many of the properties we feature, there is no historical STR revenue provided here. The opportunity is about acquiring a large, new-construction, STR-permitted property at an attractive basis and building the rental operation yourself.

💰 $489K for Five Bedrooms

The price-to-bedroom relationship immediately caught our attention.

$489,000

5 Bedrooms + 3 Bathrooms + 2,310 Heated Sq Ft

That's approximately $97,800 per bedroom before considering the value of the community amenities and new-construction condition.

For STR investors, five bedrooms can provide considerable flexibility when designing the property around larger families and groups.

Instead of inheriting someone else's design, this is an opportunity to intentionally build the guest experience around the target traveler from day one.

🔑 STRs Are Permitted

This is one of the most important details for investors.

According to the listing:

Short-term rentals are permitted.

That's especially notable in a new-construction community offering amenities that naturally complement vacation rentals.

Buyers should still independently verify current municipal regulations, HOA documents, rental restrictions, licensing requirements, and any applicable minimum stays before purchasing.

🏊 Amenities Without Building Them Yourself

One of the interesting investment angles here is that guests receive access to recreational amenities without the owner having to individually construct and maintain all of them.

The community includes:

🏊 Swimming pool

🏓 Pickleball court

🏡 Clubhouse

🌊 Lake views

Those amenities can help create a more complete vacation experience while keeping major shared recreational facilities outside the individual property's maintenance burden.

💵 HOA Is Just $150/Month

The HOA is listed at only:

$150 Per Month

According to the provided information, that includes:

🌱 Lawn maintenance

🏊 Community pool

🏓 One pickleball court

💦 Power washing twice annually

🏡 Clubhouse access

🌳 Common-area maintenance

For an STR owner, lawn maintenance and exterior power washing being included can also simplify portions of ongoing property upkeep.

🏖️ Minutes from the Beach

The property provides convenient access to the area's major leisure drivers, including:

🏖️ North Myrtle Beach beaches

🛍️ Barefoot Landing

⛳ Championship golf

🍽️ Restaurants

🛍️ Shopping

That creates several different reasons for guests to visit beyond traditional summer beach vacations.

Golf trips, family vacations, shopping weekends, and coastal getaways can all potentially fit the property's five-bedroom layout.

🛏️ Built for Larger Groups

Five bedrooms gives an STR operator plenty to work with.

Rather than simply furnishing every room with a standard bed, a thoughtful operator could potentially design the home around multiple guest types.

Think:

👑 King suites for couples

🛏️ Queen rooms for additional adults

👨‍👩‍👧‍👦 Bunk configurations for families

🎮 A highly designed entertainment space

💻 Flexible workspace

The exact configuration would depend on the finished floor plan and applicable occupancy rules, but having five bedrooms creates substantially more flexibility than a typical two- or three-bedroom coastal townhome.

✨ The Advantage of Starting Fresh

A new property means the buyer isn't paying for someone else's outdated STR design and then immediately spending money replacing it.

Instead, the next owner can build the property specifically around today's vacation-rental guest.

That could mean:

🎨 Cohesive professional interior design

📸 Photo-first statement spaces

🎮 Family-friendly entertainment

🏖️ Beach-oriented amenities

🛏️ Strategic sleeping configurations

📱 Smart-home technology

🍽️ Group-friendly dining

The goal would be to turn a brand-new townhome into something that doesn't feel like every other new townhome when guests encounter it online.

🏡 True Townhome Ownership

Another notable feature highlighted in the listing is ownership of the land.

The community combines true townhome ownership with:

✔ STR permission

✔ Natural gas service

✔ New construction

✔ Community amenities

✔ Low HOA dues

For buyers comparing condos, townhomes, and detached properties near the coast, that combination is worth considering.

⚠️ Important Note on the Photos

The listing specifically states:

The photos are of the model home and are provided for illustrative purposes only.

They do not depict the specific homes currently under construction or homes to be built.

Buyers should therefore confirm the exact finishes, specifications, floor plan, upgrades, delivery timeline, and included features for this particular unit directly with the builder or agent.

📊 The Investment Angle

This property is different from many Offer Sheet features because there isn't an existing Airbnb P&L to inherit.

Instead, the thesis is:

Buy new at $489K + design it correctly + launch an STR from scratch.

The attractive pieces are already there:

✔ Five bedrooms

✔ 2,310 heated square feet

✔ STRs permitted

✔ Community pool

✔ Pickleball

✔ Low HOA

✔ New construction

✔ Proximity to beaches and attractions

The unknown is revenue.

Before purchasing, investors should underwrite achievable ADR, occupancy, management costs, cleaning costs, HOA expenses, taxes, insurance, furnishing costs, utilities, and seasonality rather than assuming a particular revenue figure.

💸 Financing & Tax Angle

At $489,000, this represents a considerably lower acquisition price than many five-bedroom properties in established coastal vacation markets.

Potential financing options may include:

✔ Conventional investment financing

✔ Second-home financing, depending on intended use and lender requirements

✔ DSCR financing once applicable underwriting requirements are met

✔ Portfolio lending

Because this is new construction without an established rental history, financing and STR underwriting may differ from purchasing an existing income-producing rental.

Qualifying investors may also explore cost segregation and accelerated depreciation strategies depending on their circumstances and applicable tax law.

Buyers should consult qualified lending and tax professionals before relying on any financing or tax strategy.

👉 Explore STR financing options here.

🎯 Why This One Stands Out

1. 💰 Five Bedrooms for $489K

A five-bedroom, 2,310-square-foot new-construction property below $500K creates an interesting starting basis for a coastal STR.

2. 🔑 STRs Are Permitted

The community explicitly permits short-term rentals according to the listing, removing one of the biggest initial questions investors face when evaluating a new development.

3. 🏊 Built-In Guest Amenities

A community pool, pickleball court, clubhouse, and lake setting give guests more to do without requiring the individual owner to build those amenities.

4. 💵 $150/Month HOA

The relatively low monthly HOA includes lawn care, pool and clubhouse access, pickleball, common-area maintenance, and twice-yearly power washing.

5. 🏖️ Coastal Demand Drivers

Beaches, Barefoot Landing, golf, restaurants, and shopping are all minutes away, providing multiple reasons for travelers to choose the area.

⚡ Bottom Line

This isn't an established Airbnb where you're paying a premium for someone else's revenue history.

It's a different type of opportunity:

$489,000 for five bedrooms, three bathrooms, 2,310 heated square feet, new construction, STR permission, a community pool, pickleball, and a $150/month HOA—all minutes from the beach.

For an investor who wants the ability to design, furnish, brand, and launch a coastal STR from scratch, the underlying ingredients are compelling.

The biggest task is underwriting the revenue potential carefully—and then creating a property capable of outperforming the standard new-construction competition.

📲 Express Interest

For additional details, builder information, or availability:

Natalie Bisesto

📱 (914) 584-5558

✉️ [email protected]