Welcome to this stunning 2-story custom built home perfectly positioned on a private 4-acre lakefront lot in Wake Forest's desirable Millrace community—just minutes from Hwy 98 and Capital Blvd conveniences. Enjoy timeless curb appeal with a rocking chair front porch, side-load 2-car garage, and beautifully landscaped grounds enhanced by landscape lighting and a slate patio. The backyard is a private oasis with a fiberglass in-ground pool, brand-new filter system and pump, and a fenced wooded yard leading directly to the serene lake to kayak or just enjoy the peaceful view. The irrigation system draws from the lake, offering a lush landscape with no water bill. Inside, this spacious home features 4 bedrooms, each with its own en-suite bathroom and walk-in closet—including the luxurious primary suite with two separate walk-in closets. You'll also find a private office/living room, a vaulted family room with fireplace, and a gourmet kitchen perfect for entertaining. Throughout the home, enjoy real hardwood floors, crown molding, pocket doors, and a hardwired security system for peace of mind. Storage is no issue with eight storage areas off bedrooms, a large attic, and an expansive full-footprint unfinished basement offering endless potential. Recent updates include: New carpet and fresh interior paint, new water heater (2024), roof (2018), and two Trane HVAC systems (2018)! This move-in-ready home combines elegant living, thoughtful updates, and unmatched outdoor serenity. Don't miss this rare opportunity—schedule your private showing today!
For sale
$990,000
5344 Mill Dam Rd, Wake Forest, NC 27587
4beds
4,144sqft
Est.:
Single Family Residence, Residential
Built in 1999
4 Acres Lot
$1,008,700 Zestimate®
$239/sqft
$33/mo HOA
What's special
- 6 days
- on Zillow |
- 1,335 |
- 92 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 10:08am
Listed by:
Tammy Alexander 317-509-8765,
Real Broker, LLC,
Matt Bergevin 919-426-1561,
Real Broker, LLC
Source: Doorify MLS,MLS#: 10100466

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Oven
- Laundry: Laundry Room, Main Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Storage, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Tile, Wood
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Living Room, Master Bedroom
Interior area
- Total structure area: 4,144
- Total interior livable area: 4,144 sqft
- Finished area above ground: 4,144
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Patio
- Has private pool: Yes
- Pool features: Fenced, Fiberglass, Filtered, In Ground, Outdoor Pool, Private
- Has view: Yes
Lot
- Size: 4 Acres
- Features: Lake on Lot
Details
- Parcel number: 1861213173
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Millrace
HOA
- Has HOA: Yes
- Services included: Unknown
- HOA fee: $400 annually
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $1,021,166
- Annual tax amount: $6,361
- Date on market: 6/5/2025
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