Welcome Home to 5405 Millrace Trail, Raleigh. This is the one you have been waiting for! With a location that cannot be beat - 3 miles to Cary Crossroads (all the conveniences you could want) and 3 miles to I-40 OR the Beltline (I-440) for easy commuting throughout the Triangle region! This beautiful home features a welcoming family room drenched with natural light from the abundant windows and soaring vaulted ceilings. The open-concept first floor featuring a stunning dining area and spacious kitchen, flows easily onto a large deck and private backyard making entertaining friends and family a joy! The large primary bedroom on the main level, also with high ceilings, features double closets, and an en-suite with a generous, tiled shower with bench, double vanity, and a separate water closet. An added bonus on the main level is a light-filled flex space -- a feature not typically offered in this floorplan -- perfect for a home office, den, or nursery. Additional highlights include a laundry room with a large, attached storage closet and a conveniently located powder room. Continuing the bright, airy feel, the upstairs opens to below at the top of the stairs, with a landing large enough for a desk or sitting area. There is also a full bath and two bedrooms, each featuring a large closet and a bench seat beneath double windows. The fully fenced backyard, framed by a charming white picket fence and backing to HOA-owned and maintained land for added privacy, includes the spacious deck that steps down to a patio below. Storage is abundant, with a shed that conveys and a 10x9 storage area connected to the home that was previously a garage. Big ticket maintenance items have been completed for peace of mind: The roof was replaced in 2017, a new HVAC with new ducting was installed in 2018, and the outside was freshly painted in 2025. A wonderful, friendly neighborhood with low HOA fees, Yates Mill Run has a large park area in the center of the neighborhood with an open field, plus picnic and playground areas. Pack your boxes! This home will not last long!
For sale
$425,000
5405 Millrace Trl, Raleigh, NC 27606
3beds
1,681sqft
Est.:
Single Family Residence, Residential
Built in 1987
8,712 Square Feet Lot
$416,300 Zestimate®
$253/sqft
$16/mo HOA
What's special
Large deckSoaring vaulted ceilingsPrivate backyardSpacious kitchenAbundant windowsConveniently located powder roomSeparate water closet
- 8 days |
- 1,547 |
- 148 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alicia Dixon 919-270-4637,
RE/MAX United
Source: Doorify MLS,MLS#: 10165013
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
- Included: Built-In Electric Range, Dishwasher, Electric Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Open Floorplan, Pantry, Master Downstairs, Separate Shower, Storage
- Flooring: Carpet, Parquet, Tile
- Windows: Blinds, Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Family Room, Stone, Wood Burning
Interior area
- Total structure area: 1,681
- Total interior livable area: 1,681 sqft
- Finished area above ground: 1,681
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Concrete
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
- Exterior features: Fenced Yard, Private Yard, Storage
- Fencing: Back Yard, Wood
- Has view: Yes
Lot
- Size: 8,712 Square Feet
- Features: Back Yard, Front Yard, Interior Lot, Landscaped, Rectangular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 078203305281000 0161076
- Zoning: R-40W
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Brick Veneer, Masonite, Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Connected, Sewer Connected, Water Connected, Underground Utilities
Community & HOA
Community
- Features: Park, Playground
- Subdivision: Yates Mill Run
HOA
- Has HOA: Yes
- Amenities included: Picnic Area, Playground
- Services included: Insurance
- HOA fee: $189 annually
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $366,786
- Annual tax amount: $2,365
- Date on market: 5/5/2026
- Road surface type: Asphalt
Estimated market value
$416,300
$395,000 - $437,000
$2,309/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $425,000+168.1%$253/sqft |
Source: | ||
| 8/27/2012 | Sold | $158,500+2.3%$94/sqft |
Source: Public Record Report a problem | ||
| 8/27/2001 | Sold | $155,000+14.8%$92/sqft |
Source: Public Record Report a problem | ||
| 1/20/1999 | Sold | $135,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,366 +3% | $366,786 |
| 2024 | $2,298 +19.3% | $366,786 +50% |
| 2023 | $1,927 +7.9% | $244,523 |
| 2022 | $1,786 +2.7% | $244,523 |
| 2021 | $1,738 +1.7% | $244,523 |
| 2020 | $1,710 +4.5% | $244,523 +23.6% |
| 2019 | $1,635 | $197,799 |
| 2018 | $1,635 +14.7% | $197,799 |
| 2017 | $1,426 +2.1% | $197,799 |
| 2016 | $1,398 +11.7% | $197,799 +11.5% |
| 2015 | $1,252 +5.5% | $177,358 |
| 2014 | $1,187 | $177,358 |
| 2013 | -- | $177,358 |
| 2012 | -- | $177,358 |
| 2011 | -- | $177,358 |
| 2010 | -- | $177,358 |
| 2009 | -- | $177,358 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27606
Nearby schools
GreatSchools rating
- 7/10Yates Mill ElementaryGrades: PK-5Distance: 0.9 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 1.7 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Wake - Yates Mill
- Middle: Wake - Dillard
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27606
- 5405 Millrace Trl





