5300 Mill Dam Road Wake Forest, NC $ 1,325,000
5300 Mill Dam Road
$ 1,325,000
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5300 Mill Dam Road

Wake Forest, NC, 27587
$ 1,325,000
Bedrooms4 Baths3.1 Sq 4,348

Monthly Estimate*

$ 9,151

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Single Family Home for sale in Wake Forest, NC

for $1,325,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,348 square foot home was built in 1997 on a lot size of 2.84.

Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest. Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan includes a main-level primary suite along with two additional first-floor bedrooms, making everyday living convenient for a variety of lifestyles. Upstairs, you'll find another private bedroom, office, and an expansive bonus/game room perfect for entertaining, a home theater, fitness space, or teen retreat. Outside, enjoy the serenity of your private waterfront setting with plenty of room for outdoor recreation, gardening, or simply relaxing while taking in the peaceful views. A spacious 2-car garage provides ample storage and convenience. Despite its secluded feel, this home is just a short drive to Downtown Wake Forest, where you'll enjoy locally owned restaurants, boutiques, coffee shops, and year-round community events. Outdoor enthusiasts will appreciate the nearby Falls Lake Recreation Area, E. Carroll Joyner Park, and Wake Forest's extensive greenway system, while shopping, grocery stores, and everyday conveniences along the Capital Boulevard corridor are all within easy reach. This is a rare opportunity to own a spacious waterfront property that combines the tranquility of country living with the convenience of one of Wake Forest's most desirable locations. Upgrades include HVAC (2022), Radon Mitigation System, Partial Crawlspace Encapsulation, RO Water Filter, Whole House Steam Humidifier.

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Single Family Pending

Price

$ 1,325,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Transitional

Lot Size

2.84

Year Built

1997

Town/City

Wake Forest

County/Region

Wake

MLS | Web ID

10179572

Features
General
Sewer Septic Tank
Heating Central Electric Forced Air Heat Pump
Cooling Ceiling Fan(s) Central Air Electric Heat Pump
Utilities Cable Connected Electricity Connected Natural Gas Available Septic Connected Water Connected
Roof Architectural Shingle
Appliances Bar Fridge Dishwasher Electric Oven Electric Water Heater Microwave Propane Cooktop Range Hood Refrigerator Wall Oven Water Purifier Owned
Zoning R-30
HOA Fee 436
Garage Spaces 2
Association Fee Includes Maintenance Grounds
Patio/Porch Features Covered Front Porch Patio Screened
Architectural Style Transitional
Construction Materials Fiber Cement Stone
Year Built 1997
View Pond Trees/Woods
Stories Count 1
Levels Two
Property Subtype Single Family Residence
Waterfront Features Pond Waterfront
Community Features Fishing Lake
Assoc Fee Paid Per Annually
County Wake
New Construction false
Property Type Residential
Association Amenities Cabana Maintenance Grounds Pond Year Round
HOA true
Attached Garage true
Subdivision Name Millrace
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Pending
Directions Headed east on Highway 98 take a left on Averette Road then take a right on Mill Dam Road the house will be on your right
High School Wake - Wake Forest High School
City Wake Forest
Body of Water Austin Creek
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 123710
Elementary School Wake - Richland Creek Elementary School
Tax Annual Amount 6205.25
Middle/Junior High School Wake - Wake Forest Middle School
Virtual Tour https://unbranded.youriguide.com/5300_mill_dam_rd_wake_forest_nc?page=tour
Structure Type Site Built
Standard Status Pending
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Interior
Interior Amenities Bar Bathtub/Shower Combination Built-in Features Cathedral Ceiling(s) Ceiling Fan(s) Chandelier Crown Molding Dining L Double Vanity Eat-in Kitchen Entrance Foyer High Speed Internet Kitchen Island Open Floorplan Pantry Primary Downstairs Radon Mitigation Recessed Lighting Separate Shower Smooth Ceilings Storage Vaulted Ceiling(s) Walk-In Closet(s) Walk-In Shower Water Closet Wet Bar
Flooring Hardwood Tile
Total Fireplaces 1
Fireplace Features Family Room Propane
Air Conditioning Y/N true
Heating Y/N true
Window Features Plantation Shutters
Fireplace Y/N true
Above Grade Finished Area 4348
Half Baths 1
Laundry Features In Unit Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
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Exterior
Exterior Amenities Fenced Yard Private Yard Rain Gutters
Fencing Back Yard Fenced
Parking Features Concrete Driveway Garage Garage Door Opener Garage Faces Side Kitchen Level
Lot Features Back Yard Front Yard Hardwood Trees Landscaped Level Many Trees Pond on Lot Views Waterfront Wooded Water View
Water Source Community Water
Lot Size Area 2.84
Foundation Details Crawlspace
Building Area Total 4348
Lot Size Acres 2.84
Waterfront Y/N true
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* Excluded Features
List By
Michael Ulrich

Listing Agent

Amg Realty Llc

Broker

mculrich81@gmail.com

Email

Affordability Calculator

$9,151
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,151
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Wake - Wake Forest High School High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2026$1,325,000 Listed Price

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5300 Mill Dam Road, Wake Forest, NC, 27587 is a Single Family Home for sale at $1,325,000 with 4,348 sqft and a lot size of 2.84. 5300 Mill Dam Road has 4 bedrooms, 3.1 baths, and was built in 1997. The property's zip code is 27587 which is in Wake Forest, NC