5300 Mill Dam Rd

4,348 Sq. Ft.
$310 / Sq. Ft.
4,348
Sq. Ft.
$310
per Sq. Ft.

Description

Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest. Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan...Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest. Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan includes a main-level primary suite along with two additional first-floor bedrooms, making everyday living convenient for a variety of lifestyles. Upstairs, you'll find another private bedroom, office, and an expansive bonus/game room perfect for entertaining, a home theater, fitness space, or teen retreat. Outside, enjoy the serenity of your private waterfront setting with plenty of room for outdoor recreation, gardening, or simply relaxing while taking in the peaceful views. A spacious 2-car garage provides ample storage and convenience. Despite its secluded feel, this home is just a short drive to Downtown Wake Forest, where you'll enjoy locally owned restaurants, boutiques, coffee shops, and year-round community events. Outdoor enthusiasts will appreciate the nearby Falls Lake Recreation Area, E. Carroll Joyner Park, and Wake Forest's extensive greenway system, while shopping, grocery stores, and everyday conveniences along the Capital Boulevard corridor are all within easy reach. This is a rare opportunity to own a spacious waterfront property that combines the tranquility of country living with the convenience of one of Wake Forest's most desirable locations. Upgrades include HVAC (2022), Radon Mitigation System, Partial Crawlspace Encapsulation, RO Water Filter, Whole House Steam Humidifier.
  1. Listed by Michael Ulrich • AMG Realty LLC

Property Details for 5300 Mill Dam Road

View
Pond, Trees/Woods
View
Yes
Waterfront Features
Pond, Waterfront
Waterfront
Yes
Subdivision
Millrace
Waterfront Type
Pond, Waterfront
HOA Fees
$436.00

Open Houses

Saturday, Jul 18th12:00 PM - 2:00 PM
LISTING UPDATED: 07/12/2026 02:42 AM

Property Details for 5300 Mill Dam Road

StatusActive
MLS #10179572
Days on Market2
Taxes$6,205 / year
HOA Fees$436 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1997
Lot Size2.84 AC / 123,710 SF
CountyWake County

Location

Listing Courtesy of AMG Realty LLC
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Building Information for 5300 Mill Dam Road

Stories1Year Built1997Building Size-Lot Size2.84 AC / 123,710 SF

Payment Calculator

$7,280 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,727

Property Taxes

$517

HOA Dues

$36

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Property Information for 5300 Mill Dam Road

Summary
Location and General Information
  • Water Body Name: Austin Creek
  • Zoning: R-30
  • Directions: Headed east on Highway 98 take a left on Averette Road then take a right on Mill Dam Road the house will be on your right
  • Subdivision Name: Millrace
  • Latitude: 35.979812
  • Longitude: -78.450055
  • Waterfront Description: Pond, Waterfront
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds
  • Association: Yes
  • Total HOA Dues: $.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $6,205.25
  • City Limits Of: Wake Forest
  • City Limits YN: No
  • Lot Number: 44
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Richland Creek Elementary School
  • Middle Or Junior School: Wake - Wake Forest Middle School
  • High School: Wake - Wake Forest High School
Parking
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 4348.0
  • Lot Features: Back Yard, Front Yard, Hardwood Trees, Landscaped, Level, Many Trees, Pond on Lot, Views, Waterfront, Wooded
  • Architectural Style: Transitional
  • Other Area Below Grade: 700
  • Total Other Area Sq Ft: 700
  • Parcel Number: 186103227038000 0215729
  • Structure Type: Site Built
  • Below Grade Unfinished Area Source: Other
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Water Frontage Length: 100
Property and Assessments
  • New Construction: No
  • Photos Count: 67
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Fishing, Lake
  • Senior Community: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Septic Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Septic Tank, Cable Connected, Electricity Connected, Natural Gas Available, Septic Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement, Stone
  • Exterior Features: Fenced Yard, Private Yard, Rain Gutters
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Covered, Front Porch, Patio, Screened
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Fiber Cement, Stone, Site Built
Interior Features
  • Levels: Two
  • Stories: 1
  • Master Bedroom 1st Floor: 3
  • Fireplace Features: Family Room, Propane
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood, Tile
  • Windows Treatment: Plantation Shutters
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Cooling?: Yes
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Heating?: Yes
  • Appliances: Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Oven, Water Purifier Owned
  • Laundry Features: In Unit, Laundry Room, Main Level
  • Interior Features: Bar, Bathtub/Shower Combination, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Radon Mitigation, Recessed Lighting, Separate Shower, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Equipment Appliances: Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Oven, Water Purifier Owned
  • Interior: Cable Connected, Electricity Connected, Natural Gas Available, Septic Connected, Water Connected, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Fiber Cement, Stone, In Unit, Laundry Room, Main Level
  • Equipment: Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Oven, Water Purifier Owned, In Unit, Laundry Room, Main Level, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Room Dimensions: 16.5 x 20.2
  • Room Width: 20.2
  • Room Length: 16.5
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 11.3 x 13.7
  • Room Width: 13.7
  • Room Length: 11.3
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 11.1 x 11.9
  • Room Width: 11.9
  • Room Length: 11.1
  • Room Level: Main
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 20.11 x 15.4
  • Room Width: 15.4
  • Room Length: 20.11
  • Room Level: Second
  • Room Type: Bedroom 4
Room 5
  • Room Dimensions: 8.0 x 18.3
  • Room Width: 18.3
  • Room Length: 8.0
  • Room Level: Second
  • Room Type: Office
Room 6
  • Room Dimensions: 26.4 x 38.8
  • Room Width: 38.8
  • Room Length: 26.4
  • Room Level: Second
  • Room Type: Game Room
Room 7
  • Room Dimensions: 23.4 x 17.5
  • Room Width: 17.5
  • Room Length: 23.4
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 11.5 x 13.3
  • Room Width: 13.3
  • Room Length: 11.5
  • Room Level: Main
  • Room Type: Dining Room
Room 9
  • Room Dimensions: 20.0 x 19.3
  • Room Width: 19.3
  • Room Length: 20.0
  • Room Level: Main
  • Room Type: Family Room
Room 10
  • Room Dimensions: 16.2 x 13.2
  • Room Width: 13.2
  • Room Length: 16.2
  • Room Level: Main
  • Room Type: Breakfast Room
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 5300 Mill Dam Road

DateEvent & SourcePriceAppreciation
Jul 10, 2026

Listed (Active)

TRIANGLEMLS #10179572

$1,349,900—
Nov 29, 2021

Sold

TRIANGLEMLS #2412698

$930,000—
Nov 29, 2021

Pending

TRIANGLEMLS #2412698

—
DateEvent & SourcePrice
07/10/2026

Listed (Active)

TRIANGLEMLS #10179572

$1,349,900
11/29/2021

Sold

TRIANGLEMLS #2412698

$930,000
11/29/2021

Pending

TRIANGLEMLS #2412698

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5300 Mill Dam Road

Taxable ValueLand$210,000Additions$757,049Total$967,049
Tax Record2025$6,205 ($517 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt4,293 SqFtAbove Grade Finished SqFt4,293 SqFtStories2Lot Size123,710 SqFtStyleSingle Family ResidenceYear Built1997Year Renovated2012ZoningR-30CountyWAKEAPN1861.03-22-7038 0215729Fireplace TypeHas Fireplace

Schools near 5300 Mill Dam Road

This home is within Wake County School District.
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.

Similar Homes

5300 Mill Dam Road is a single family home for sale in Wake Forest, NC 27587. This property was listed for sale on July 10, 2026 by AMG Realty LLC, it's currently listed at $1,349,900. It has been on the market for a total of 2 days and was last sold on November 29, 2021. This listing's school district is Wake County School District. Nearby schools include Richland Creek Elementary School, Wake Forest Middle School and Wake Forest High School. 5300 Mill Dam Road is a 4-bed, 4-bath, 4,348 sqft single family home built in 1997.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of AMG Realty LLC

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