Stunning Lakefront Estate with 7-Car Garage, Workshop, and Distinctive Architecture Design - 7789 Sq Ft Welcome to your dream lakefront retreat! This exceptional 7,789FS custom home blends luxury living with practical design, offering everything you need for comfort, creativity, and entertaining. Step outside to your private oasis featuring a newly completed paver patio with stone wall accents and romantic string lighting. A welcoming gathering space centered around a fire pit, offering the perfect spot for entertaining and staying toasty through every season. Unwind in the gazebo with a hot tub, or relax in the sunroom with heated floors, skylights, and a full wall of windows showcasing a private courtyard. Car enthusiasts and hobbyists will love the 7-car garage and a spacious workshop with two dedicated 240V outlets—ideal for a planner, pottery kiln, or other equipment. An additional attached storage shed with a bay door offers even more space for tools and toys. Inside, the home boasts thoughtful design and upscale touches throughout. The butler pantry walk-in makes entertaining seamless, while the kitchenette near the living room adds extra convenience. Enjoy two striking fireplaces: a 72-inch linear fireplace set in a floor-to-ceiling stone wall in the living room and a 36x36 fireplace with a custom wall mantle that adds warmth and character. The first-floor master suite offers privacy and comfort, and master bathroom features double shower heads and a jacuzzi tub. Additional highlights include: Lake-fed irrigation for effortless landscaping Two fully encapsulated crawlspaces, both with dehumidifiers and sump pumps Newly insulated crawlspace doors, garage doors and two attics for energy saving Large flex space with a full bath set up above 4-car garage can be used as in-law suite Two walk-in attics provide substantial storage or potential for expansion Whether you're an entertainer, craftsman, car collector, or someone seeking peace by the water, this one-of-a-kind home offers the perfect blend of sophistication, space, and setting.
For sale
$1,400,000
5205 Mill Dam Rd, Wake Forest, NC 27587
4beds
7,789sqft
Est.:
Single Family Residence, Residential
Built in 2000
2 Acres Lot
$1,341,300 Zestimate®
$180/sqft
$35/mo HOA
What's special
Lakefront estateSpacious workshopStone wall accentsRomantic string lightingNewly completed paver patioDouble shower headsSunroom with heated floors
- 55 days |
- 852 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 01:40pm
Listed by:
Jo Smith 919-302-4493,
Northside Realty Inc.,
Richard Smith 919-302-7344,
Northside Realty Inc.
Source: Doorify MLS,MLS#: 10128160
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Electric, Forced Air, Natural Gas, Zoned
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Oven, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Bookcases, Built-in Features, Pantry, Ceiling Fan(s), Crown Molding, Granite Counters
- Flooring: Carpet, Hardwood, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,789
- Total interior livable area: 7,789 sqft
- Finished area above ground: 7,789
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Garage - Attached
- Attached garage spaces: 7
Features
- Levels: Two
- Stories: 1
- Exterior features: Rain Gutters, Smart Irrigation
- Has view: Yes
Lot
- Size: 2 Acres
- Features: Corner Lot, Landscaped, Many Trees
Details
- Parcel number: 1861.03011026 0214378
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Fiber Cement, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Mill Race
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: None
- HOA fee: $416 annually
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $1,312,750
- Annual tax amount: $8,416
- Date on market: 10/17/2025
Estimated market value
$1,341,300
$1.27M - $1.41M
$4,213/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Listed for sale | $1,400,000+85.4%$180/sqft |
Source: | ||
| 4/9/2021 | Sold | $755,000-5.6%$97/sqft |
Source: | ||
| 10/27/2020 | Price change | $799,9000%$103/sqft |
Source: EXP Realty #2349430 Report a problem | ||
| 9/26/2020 | Price change | $800,000-5.9%$103/sqft |
Source: Keller Williams Preferred Realty #2325016 Report a problem | ||
| 7/23/2020 | Price change | $850,000-2.9%$109/sqft |
Source: Keller Williams Brier Creek #2325016 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,416 +3% | $1,312,750 |
| 2024 | $8,172 +25.4% | $1,312,750 +57.5% |
| 2023 | $6,519 +7.9% | $833,468 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,252/mo
Principal & interest
$6969
Property taxes
$758
Other costs
$525
Climate risks
Neighborhood: 27587
Nearby schools
GreatSchools rating
- 8/10Richland Creek Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 4.3 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Wake - Richland Creek
- Middle: Wake - Wake Forest
- High: Wake - Wake Forest
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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