5241 Mill Dam Road
Description
Welcome to your dream home in Millrace, one of Wake Forest's most coveted luxury communities. Known for its peaceful atmosphere and private pond views, this neighborhood blends serenity and convenience just minutes from local amenities. This beautiful 4-bedroom home offers a spacious and thoughtful layout with the primary suite on the main floor. The owner's retreat features light-toned luxury vinyl plank flooring and room for a king-sized bed....Stunning Retreat in Sought-After Millrace Subdivision
Welcome to your dream home in Millrace, one of Wake Forest's most coveted luxury communities. Known for its peaceful atmosphere and private pond views, this neighborhood blends serenity and convenience just minutes from local amenities. This beautiful 4-bedroom home offers a spacious and thoughtful layout with the primary suite on the main floor. The owner's retreat features light-toned luxury vinyl plank flooring and room for a king-sized bed. The en-suite bath includes a jetted tub, large ceramic-tiled shower, dual vanities, white cabinetry, and an oversized mirror. The heart of the home is a soaring living room with vaulted ceilings, a dramatic stone hearth wood-burning fireplace, and glass doors that open to an expansive, multi-level deck. Whether you're hosting a gathering or enjoying a quiet evening, the flow of this home is perfect for entertaining. The gourmet kitchen includes high-end granite countertops, hardwood floors, an electric cooktop, a large refrigerator, and generous cabinet space. Enjoy your morning coffee in the breakfast nook while taking in serene views of the pond from the front porch. Need a quiet escape? The cozy sunroom is surrounded by windows and includes a mini-split system for year-round comfort—ideal for unwinding with a book or soaking up natural light. Upstairs, you'll find two spacious bedrooms, ample storage, and a versatile bonus room—perfect for a playroom, home office, or guest space. Outside, a long gravel driveway leads to a detached two-car garage with a fully finished apartment above. This bonus space includes a full bath with a walk-in shower, making it a great option for guests, a teen suite, or even a private game room. Don't miss your chance to own a slice of paradise in Wake Forest. With scenic surroundings, custom features, and flexible living space, this home truly has it all.
- Listed by: Brian Pate 919.669.4575 brian@paterealty.com Brokerage DRE #C24171 • Pate Realty Group
Location
Sold By Coldwell Banker - HPW
Payment Calculator
$4,334 per month
30 year fixed, 6.71% Interest
$3,876
$425
$33
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1Property Information for 5241 Mill Dam Road
- Taxes: $5,100 / year
- MLS Type: Residential / Single Family Residence
- County: Wake County
- Zoning Description: Res
- Showings Expected to Begin: 05-15-2025
- Subdivision: Millrace
- Stories: 2
- Year Built: 1996
- Lot Size: 1.44 AC / 62,726 SF
- Zoning: Res
- Direction Faces: South
- Directions: North on Capital Boulevard, right on Hwy 98 (Dr Calvin Jones Highway). Left onto Averette Road. Right onto Mill Dam Road. Home on left.
- Subdivision Name: Millrace
- Latitude: 35.980702
- Longitude: -78.453259
- Road Frontage Type: State Road
- Road Surface Type: Asphalt
- Association Fee: $400.00
- Association Fee Frequency: Annually
- Association Fee Includes: Maintenance Grounds
- Association Name: Millrace HOA
- Association Phone2: Private
- Association: Yes
- HOA 1 Fees Required: Yes
- Tax Annual Amount: $5,100.00
- Has City Limits: No
- Lot Number: 09
- Has Restrictive Covenants: Yes
- Original MLS: Triangle MLS Inc
- Has Property Leased: No
- Years Owned: 1 or More Year(s)
- Due Diligence Expiration Date: 2025-09-01
- Elementary School: Wake - Richland Creek Elementary School
- Middle Or Junior School: Wake - Wake Forest Middle School
- High School: Wake - Wake Forest High School
- Open Parking Spaces: 4.0
- Open Parking: Yes
- Parking Features: Deck, Garage Faces Side, Garage, Garage Door Opener
- Attached Garage: Yes
- Garage Spaces: 2.0
- Garage: Yes
- Building Area Total: 3024.0
- Lot Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Private, Hardwood Trees
- Architectural Style: Traditional, Williamsburg, Transitional
- Detached Living Area Sq Ft: 580.0
- Total Other Area Sq Ft: 0.0
- Parcel Number: 1861127346
- Structure Type: House
- Enhanced Accessible: No
- Has Main Level Bedrooms: Yes
- Has Power Production: No
- Has Primary Residence: Yes
- Sold PriceList Price: 1.0
- New Construction: No
- Above Grade Finished Area Source: Estimated
- Community Features: Fishing, Lake
- Senior Community: No
- Sewer: Septic Tank
- Utilities: Cable Connected, Electricity Connected, Water Connected, Septic Connected
- Water Source: Community Water
- Association Amenities: Landscaping
- Construction Materials: Cedar
- Exterior Features: Private Entrance, Private Yard, Rain Gutters, Smart Lock(s)
- Foundation Details: Pillar/Post/Pier
- Patio And Porch Features: Deck, Front Porch
- Roof: Asphalt, Shingle
- Security Features: Smoke Detector(s)
- New Construction Type: House, Cedar
- Levels: Two
- Stories: 2
- Master Bedroom 1st Floor: Yes
- Fireplace Features: Living Room, Wood Burning
- Has Fireplace: Yes
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows Treatment: Insulated Windows
- Cooling: Central Air, Ceiling Fan(s), Dual, Electric, Heat Pump
- Has Cooling: Yes
- Heating: Central, Electric, Forced Air, Heat Pump
- Has Heating: Yes
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
- Laundry Features: Laundry Room, Main Level
- Interior Features: Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Apartment/Suite, Whirlpool Tub, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Room Over Garage
- Spa: No
- Additional Equipment: Fuel Tank(s)
- Type: Primary Bedroom
- Level: Main
- Type: Bedroom 2
- Level: Second
- Type: Bathroom 3
- Level: Second
- Type: Bathroom 4
- Level: Second
- Type: Sunroom
- Level: Main
- Type: Living Room
- Level: Main
- Type: Kitchen
- Level: Main
- Type: Laundry
- Level: Main
- Type: Other
- Level: Main
- Description: Deck
- Type: Other
- Level: Second
- Description: Apartment over Garage
Property History for 5241 Mill Dam Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 15, 2025 | Sold Doorify MLS (fka Triangle MLS) #10094667 | $750,000 | — |
| Sep 10, 2025 | Sold (Public Record) Public Record #1913919625 | $750,000 | +6.4% / yr |
| Aug 10, 2025 | Pending Doorify MLS (fka Triangle MLS) #10094667 | — | |
| May 15, 2025 | Listed (Active) Doorify MLS (fka Triangle MLS) #10094667 | $825,000 | — |
| Jan 22, 2015 | Sold Doorify MLS (fka Triangle MLS) #1981606 | $386,000 | — |
| Jan 12, 2015 | Sold (Public Record) Public Record #486486898 | $386,000 | -0.7% / yr |
| Dec 19, 2014 | Pending Doorify MLS (fka Triangle MLS) #1981606 | — | |
| Dec 8, 2014 | Listed (Active) Doorify MLS (fka Triangle MLS) #1981606 | $400,000 | — |
| Oct 31, 2013 | Expired Doorify MLS (fka Triangle MLS) #1876928 | $415,000 | — |
| Oct 30, 2013 | Expired AMLS #1876928 | $415,000 | — |
| Mar 5, 2013 | Listed (Active) Doorify MLS (fka Triangle MLS) #1876928 | $439,900 | — |
| Mar 4, 2013 | Listed (Active) AMLS #1876928 | $439,900 | — |
| Feb 25, 2011 | Expired Doorify MLS (fka Triangle MLS) #1744589 | $439,900 | — |
| Feb 24, 2011 | Expired AMLS #1744589 | $439,900 | — |
| Aug 26, 2010 | Listed (Active) Doorify MLS (fka Triangle MLS) #1744589 | $439,900 | — |
| Aug 25, 2010 | Listed (Active) AMLS #1744589 | $439,900 | — |
| Jul 1, 2010 | Expired Doorify MLS (fka Triangle MLS) #1690508 | $450,000 | — |
| Jun 30, 2010 | Expired AMLS #1690508 | $450,000 | — |
| Oct 16, 2009 | Listed (Active) Doorify MLS (fka Triangle MLS) #1690508 | $450,000 | — |
| Oct 15, 2009 | Listed (Active) AMLS #1690508 | $450,000 | — |
| Jan 1, 2007 | Expired Doorify MLS (fka Triangle MLS) #841542 | $429,900 | — |
| Dec 31, 2006 | Expired AMLS #841542 | $429,900 | — |
| Nov 10, 2006 | Sold Doorify MLS (fka Triangle MLS) #888497 | $410,000 | — |
| Oct 20, 2006 | Sold (Public Record) Public Record #204002576 | $410,000 | — |
| Oct 14, 2006 | Pending Doorify MLS (fka Triangle MLS) #888497 | — | |
| Sep 15, 2006 | Listed (Active) Doorify MLS (fka Triangle MLS) #888497 | $429,900 | — |
| Jan 13, 2006 | Listed (Active) Doorify MLS (fka Triangle MLS) #841542 | $429,900 | — |
| Jan 12, 2006 | Listed (Active) AMLS #841542 | $429,900 | — |
| Jan 1, 2006 | Expired Doorify MLS (fka Triangle MLS) #778805 | $429,000 | — |
| Dec 31, 2005 | Expired Doorify MLS (fka Triangle MLS) #811701 | $429,900 | — |
| Dec 31, 2005 | Expired AMLS #811701 | $429,900 | — |
| Dec 31, 2005 | Expired AMLS #778805 | $429,000 | — |
| Jul 8, 2005 | Listed (Active) Doorify MLS (fka Triangle MLS) #811701 | $429,900 | — |
| Jul 7, 2005 | Listed (Active) AMLS #811701 | $429,900 | — |
| Jan 4, 2005 | Listed (Active) Doorify MLS (fka Triangle MLS) #778805 | $429,000 | — |
| Jan 3, 2005 | Listed (Active) AMLS #778805 | $429,000 | — |
| Dec 31, 2004 | Expired Doorify MLS (fka Triangle MLS) #754183 | $429,900 | — |
| Dec 31, 2004 | Expired AMLS #754183 | $429,900 | — |
| Jul 13, 2004 | Listed (Active) Doorify MLS (fka Triangle MLS) #754183 | $429,900 | — |
| Jul 12, 2004 | Listed (Active) AMLS #754183 | $429,900 | — |
| Jun 6, 2004 | Expired Doorify MLS (fka Triangle MLS) #711586 | $429,900 | — |
| Jun 6, 2004 | Expired AMLS #711586 | $429,900 | — |
| Oct 5, 2003 | Listed (Active) Doorify MLS (fka Triangle MLS) #711586 | $429,000 | — |
| Oct 4, 2003 | Listed (Active) AMLS #711586 | $429,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/15/2025 | Sold Doorify MLS (fka Triangle MLS) #10094667 | $750,000 |
| 09/10/2025 | Sold (Public Record) Public Record #1913919625 | $750,000 +6.4% / yr |
| 08/10/2025 | Pending Doorify MLS (fka Triangle MLS) #10094667 | — |
| 05/15/2025 | Listed (Active) Doorify MLS (fka Triangle MLS) #10094667 | $825,000 |
| 01/22/2015 | Sold Doorify MLS (fka Triangle MLS) #1981606 | $386,000 |
| 01/12/2015 | Sold (Public Record) Public Record #486486898 | $386,000 -0.7% / yr |
| 12/19/2014 | Pending Doorify MLS (fka Triangle MLS) #1981606 | — |
| 12/08/2014 | Listed (Active) Doorify MLS (fka Triangle MLS) #1981606 | $400,000 |
| 10/31/2013 | Expired Doorify MLS (fka Triangle MLS) #1876928 | $415,000 |
| 10/30/2013 | Expired AMLS #1876928 | $415,000 |
| 03/05/2013 | Listed (Active) Doorify MLS (fka Triangle MLS) #1876928 | $439,900 |
| 03/04/2013 | Listed (Active) AMLS #1876928 | $439,900 |
| 02/25/2011 | Expired Doorify MLS (fka Triangle MLS) #1744589 | $439,900 |
| 02/24/2011 | Expired AMLS #1744589 | $439,900 |
| 08/26/2010 | Listed (Active) Doorify MLS (fka Triangle MLS) #1744589 | $439,900 |
| 08/25/2010 | Listed (Active) AMLS #1744589 | $439,900 |
| 07/01/2010 | Expired Doorify MLS (fka Triangle MLS) #1690508 | $450,000 |
| 06/30/2010 | Expired AMLS #1690508 | $450,000 |
| 10/16/2009 | Listed (Active) Doorify MLS (fka Triangle MLS) #1690508 | $450,000 |
| 10/15/2009 | Listed (Active) AMLS #1690508 | $450,000 |
| 01/01/2007 | Expired Doorify MLS (fka Triangle MLS) #841542 | $429,900 |
| 12/31/2006 | Expired AMLS #841542 | $429,900 |
| 11/10/2006 | Sold Doorify MLS (fka Triangle MLS) #888497 | $410,000 |
| 10/20/2006 | Sold (Public Record) Public Record #204002576 | $410,000 |
| 10/14/2006 | Pending Doorify MLS (fka Triangle MLS) #888497 | — |
| 09/15/2006 | Listed (Active) Doorify MLS (fka Triangle MLS) #888497 | $429,900 |
| 01/13/2006 | Listed (Active) Doorify MLS (fka Triangle MLS) #841542 | $429,900 |
| 01/12/2006 | Listed (Active) AMLS #841542 | $429,900 |
| 01/01/2006 | Expired Doorify MLS (fka Triangle MLS) #778805 | $429,000 |
| 12/31/2005 | Expired Doorify MLS (fka Triangle MLS) #811701 | $429,900 |
| 12/31/2005 | Expired AMLS #811701 | $429,900 |
| 12/31/2005 | Expired AMLS #778805 | $429,000 |
| 07/08/2005 | Listed (Active) Doorify MLS (fka Triangle MLS) #811701 | $429,900 |
| 07/07/2005 | Listed (Active) AMLS #811701 | $429,900 |
| 01/04/2005 | Listed (Active) Doorify MLS (fka Triangle MLS) #778805 | $429,000 |
| 01/03/2005 | Listed (Active) AMLS #778805 | $429,000 |
| 12/31/2004 | Expired Doorify MLS (fka Triangle MLS) #754183 | $429,900 |
| 12/31/2004 | Expired AMLS #754183 | $429,900 |
| 07/13/2004 | Listed (Active) Doorify MLS (fka Triangle MLS) #754183 | $429,900 |
| 07/12/2004 | Listed (Active) AMLS #754183 | $429,900 |
| 06/06/2004 | Expired Doorify MLS (fka Triangle MLS) #711586 | $429,900 |
| 06/06/2004 | Expired AMLS #711586 | $429,900 |
| 10/05/2003 | Listed (Active) Doorify MLS (fka Triangle MLS) #711586 | $429,000 |
| 10/04/2003 | Listed (Active) AMLS #711586 | $429,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5241 Mill Dam Road
Schools near 5241 Mill Dam Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 13 |
Rating | School | Distance |
|---|---|---|
Richland Creek Elementary School PublicPK to 5 | ||
Wake Forest Middle School Public6 to 8 | ||
Wake Forest High School Public9 to 12 | ||
North Wake College And Career Academy Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Pate Realty Group
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
