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For sale
    • $1,150,000

    5340 Mill Dam Rd, Wake Forest, NC 27587

    4beds
    3,721sqft
    : 
    $6,897/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    3.01 Acres Lot
    $1,103,500 Zestimate®
    $309/sqft
    $50/mo HOA

    What's special

    Quality craftsmanshipCustom finishes throughoutDedicated home officeWater viewsLarge islandBuilt-in refrigeratorSpacious primary suite
    Surround yourself with nature, wide-open spaces, and peaceful water views in this exceptional Mill Race home! The main level features a spacious primary suite and dedicated home office, along with an inviting open-concept living area designed for both everyday living and entertaining. Upstairs offers three additional bedrooms and a versatile bonus room. The chef's kitchen is a true centerpiece, showcasing a large island, built-in refrigerator, and custom finishes throughout. Quality craftsmanship is evident in every detail of this beautifully designed home. Unwind on the back deck overlooking the water or launch a kayak for a relaxing adventure across the lake. The detached two-car garage has been thoughtfully converted into a studio guest house but could easily be transformed back into garage space to suit your needs. Welcome home to Mill Race—where nature, comfort, and timeless craftsmanship come together! (Main dwelling - 3721.32 sq ft./Guest house- 983.96) Both w/water view! 4705.28 total heated/cooled sq ft.
    22 days
    1,395
    82

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Janna Whitehorne 919-369-9097,

    Mark Spain Real Estate

    Source: Doorify MLS,MLS#: 10187579MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: First
      • Area: 245.64 Square Feet
      • Dimensions: 13.8 x 17.8
      Bedroom 2
      • Level: Second
      • Area: 195.36 Square Feet
      • Dimensions: 14.8 x 13.2
      Bedroom 3
      • Level: Second
      • Area: 172.22 Square Feet
      • Dimensions: 15.8 x 10.9
      Bedroom 4
      • Level: Second
      • Area: 167.5 Square Feet
      • Dimensions: 12.5 x 13.4
      Primary bathroom
      • Level: First
      • Area: 135.45 Square Feet
      • Dimensions: 10.5 x 12.9
      Bathroom 2
      • Description: Half Bath
      • Level: First
      • Area: 20.5 Square Feet
      • Dimensions: 4.1 x 5.0
      Bathroom 3
      • Level: Second
      • Area: 114.3 Square Feet
      • Dimensions: 12.7 x 9.0
      Bathroom 4
      • Level: Second
      • Area: 39.36 Square Feet
      • Dimensions: 9.6 x 4.1
      Bonus room
      • Level: Second
      • Area: 486.94 Square Feet
      • Dimensions: 19.4 x 25.1
      Den
      • Level: First
      • Area: 219.03 Square Feet
      • Dimensions: 14.7 x 14.9
      Den
      • Level: First
      • Area: 161.04 Square Feet
      • Dimensions: 13.2 x 12.2
      Dining room
      • Level: First
      • Area: 148.8 Square Feet
      • Dimensions: 12.4 x 12.0
      Dining room
      • Description: Formal Dining
      • Level: First
      • Area: 170.3 Square Feet
      • Dimensions: 13.0 x 13.1
      Other
      • Level: First
      • Area: 153.97 Square Feet
      • Dimensions: 8.9 x 17.3
      Kitchen
      • Level: First
      • Area: 228.31 Square Feet
      • Dimensions: 15.12 x 15.1
      Laundry
      • Level: First
      • Area: 61.95 Square Feet
      • Dimensions: 6.8 x 9.11
      Living room
      • Level: First
      • Area: 368.16 Square Feet
      • Dimensions: 20.8 x 17.7
      Other
      • Description: Primary Closet
      • Level: First
      • Area: 126.9 Square Feet
      • Dimensions: 13.5 x 9.4
      Heating
      • Forced Air, None, Propane
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Wall Oven
      • Laundry: Laundry Room, Main Level
      Features
      • Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Blinds, Plantation Shutters
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Great Room, Living Room
      Interior area
      • Total structure area: 3,721
      • Total interior livable area: 3,721 sqft
      • Finished area above ground: 3,721
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Attached, Garage Faces Side, Garage Door Opener
      • Garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Rear Porch
      • Exterior features: Private Yard, Fenced Yard
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Privileges
      • Body of water: To Be Added
      • Frontage type: Waterfront
      Lot
      • Size: 3.01 Acres
      • Features: Back Yard, Gentle Sloping, Views, Waterfront
      Details
      • Additional structures: Guest House
      • Parcel number: 186103215028000 0221613
      • Special conditions: Standard
      • Other equipment: Fuel Tank(s)

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Transitional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      • Foundation: Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Lake
      • Subdivision: Millrace
      HOA
      • Has HOA: Yes
      • Services included: Unknown
      • HOA fee: $50 monthly
      • HOA name: N/A
      Location
      • Region: Wake Forest

      Financial & listing details

      • Price per square foot: $309/sqft
      • Tax assessed value: $1,152,429
      • Annual tax amount: $7,390
      • Date on market: 8/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,103,500

        $1.05M - $1.16M

        $3,535/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$1,150,000$309/sqft
        Source: Doorify MLS #10187579 Report a problem
        1/9/2024Listing removed--
        Source: Doorify MLS #2536018 Report a problem
        11/12/2023Price change$1,150,000-2.1%$309/sqft
        Source: Doorify MLS #2536018 Report a problem
        11/1/2023Price change$1,175,000-2.1%$316/sqft
        Source: Doorify MLS #2536018 Report a problem
        10/6/2023Listed for sale$1,200,000+37%$322/sqft
        Source: Doorify MLS #2536018 Report a problem
        11/15/2021Sold$876,000+4.9%$235/sqft
        Source: Public Record Report a problem
        10/3/2021Contingent$835,000$224/sqft
        Source: Doorify MLS #2409880 Report a problem
        9/30/2021Listed for sale$835,000+47.3%$224/sqft
        Source: Doorify MLS #2409880 Report a problem
        7/28/2017Sold$567,000-0.5%$152/sqft
        Source: Public Record Report a problem
        7/8/2017Pending sale$569,900$153/sqft
        Source: Lovette Properties LLC #2135675 Report a problem
        6/29/2017Listed for sale$569,900-18.6%$153/sqft
        Source: Lovette Properties LLC #2135675 Report a problem
        11/20/2008Listing removed$699,900$188/sqft
        Source: Listhub #1618943 Report a problem
        10/16/2008Listed for sale$699,900+299.9%$188/sqft
        Source: Listhub #1618943 Report a problem
        5/30/2006Sold$175,000+124.4%$47/sqft
        Source: Public Record Report a problem
        8/6/1998Sold$78,000$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,391 +3%$1,152,429
        2024$7,177 +42.4%$1,152,429 +79%
        2023$5,039 +7.9%$643,768
        2022$4,669 +2.8%$643,768
        2021$4,544 +1.7%$643,768
        2020$4,468 -5.9%$643,768 +11.1%
        2019$4,751 $579,226 +6.8%
        2018$4,751 $542,196
        2017-- $542,196
        2016$3,796 -14.9%$542,196 -15.2%
        2015$4,461 $639,453
        2014-- $639,453
        2013-- $639,453
        2012-- $639,453
        2011-- $639,453
        2010-- $639,453
        2009-- $639,453
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27587

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Richland Creek Elementary School
        • Middle: Wake - Wake Forest Middle School
        • High: Wake - Wake Forest High School

        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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