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Sold for $950,000 on 07/28/25
  • $950,000

    5344 Mill Dam Rd, Wake Forest, NC 27587

    4beds
    4,144sqft
    Single Family Residence, Residential
    Built in 1999
    4 Acres Lot
    $940,500 Zestimate®
    $229/sqft
    $3,168 Estimated rent

    Home value

    $940,500

    $893,000 - $988,000

    $3,168/mo

    Zestimate® history
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    $5,738/mo

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    What's special

    Welcome to this stunning 2-story custom built home perfectly positioned on a private 4-acre WATERFRONT lot in Wake Forest's desirable Millrace community—just minutes from Hwy 98 and Capital Blvd conveniences. LOW HOA and NO CITY TAXES! 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!

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 01:05am

    Listed by:

    Tammy Alexander 317-509-8765,

    Real Broker, LLC,

    Matt Bergevin 919-426-1561,

    Real Broker, LLC

    Bought with:

    Jacquelyn Marie Matusie, 308697

    Jacquelyn Matusie, Broker

    Source: Doorify MLS,MLS#: 10100466MLS Logo

    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

    Property

    Parking
    • Total spaces: 4
    • 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 & neighborhood

    Location
    • Region: Wake Forest
    • Subdivision: Millrace

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $400 annually
    • Services included: Unknown

    Price history

    DateEventPrice
    7/28/2025Sold$950,000$229/sqft
    Source: Doorify MLS #10100466
    6/30/2025Pending sale$950,000$229/sqft
    Source: Doorify MLS #10100466
    6/23/2025Price change$950,000-2.6%$229/sqft
    Source: Doorify MLS #10100466
    6/15/2025Price change$975,000-1.5%$235/sqft
    Source: Doorify MLS #10100466
    6/5/2025Listed for sale$990,000+81.7%$239/sqft
    Source: Doorify MLS #10100466

    Public tax history

    YearProperty taxesTax assessment
    2025$6,551 +3%$1,021,166
    2024$6,361 +33%$1,021,166 +67.1%
    2023$4,784 +7.9%$611,059

    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    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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    Estimated market value

    $940,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $940,500