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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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#: 10100466
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
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Sold | $950,000$229/sqft |
Source: | ||
| 6/30/2025 | Pending sale | $950,000$229/sqft |
Source: | ||
| 6/23/2025 | Price change | $950,000-2.6%$229/sqft |
Source: | ||
| 6/15/2025 | Price change | $975,000-1.5%$235/sqft |
Source: | ||
| 6/5/2025 | Listed for sale | $990,000+81.7%$239/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 8/10Richland Creek Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 4.7 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 3.6 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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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

