5316 Mill Dam Road
















































































Description
12x18 shed on permanent foundation. All of this just minutes from Wake Forest's shopping, dining, and parks—an extraordinary estate where luxury and convenience meet.
- Listed by: Michael Ulrich 919.802.7282 mculrich81@gmail.com Brokerage DRE #C26666 • AMG Realty LLC
Location
Sold By Compass -- Raleigh
Virtual Tour
Payment Calculator
$7,515 per month
30 year fixed, 6.71% Interest
$6,847
$633
$35
Property Information for 5316 Mill Dam Road
- Taxes: $7,600 / year
- MLS Type: Residential / Single Family Residence
- County: Wake County
- View: Lake, Trees/Woods, Water
- Waterfront Features: Pond on Lot, Dock Floating, Dock Permit Installed, Waterfront, Water View, Lake
- Waterfront: Yes
- Showings Expected to Begin: 12-08-2025
- Subdivision: Millrace
- Waterfront Type: Lakefront, Waterfront, Lake
- Stories: 2
- Year Built: 1997
- Lot Size: 4.35 AC / 189,485 SF
- Water Body Name: Austin Creek
- Directions: From Averette Road turn into Millrace subdivision, onto Mill Dam Road. Follow road until you find the address 5316 Mill Dam Road on your right.
- Subdivision Name: Millrace
- Latitude: 35.97845
- Longitude: -78.44943
- Road Frontage Type: City Street
- Waterfront Access: Private Ownership
- Association Fee: $416.00
- Association Fee Frequency: Annually
- Association Fee Includes: Maintenance Grounds
- Association Name: Millrace HOA
- Association Phone2: 9197238496
- Association: Yes
- HOA 1 Fees Required: Yes
- Tax Annual Amount: $7,599.86
- Has City Limits: No
- Lot Number: 42
- Has Restrictive Covenants: Yes
- Original MLS: Triangle MLS Inc
- Has Property Leased: No
- Years Owned: 1 or More Year(s)
- Due Diligence Expiration Date: 2026-02-03
- Elementary School: Wake - Richland Creek Elementary School
- Middle Or Junior School: Wake - Wake Forest Middle School
- High School: Wake - Wake Forest High School
- Parking Features: Additional Parking, Deck, Driveway, Garage Faces Side, Garage, Garage Door Opener, Heated Garage, Lighted, Oversized, Paved, Parking Pad, Private
- Attached Garage: Yes
- Garage Spaces: 4.0
- Garage: Yes
- Virtual Tour URL Unbranded: https://unbranded.youriguide.com/5316_mill_dam_rd_wake_forest_nc
- Building Area Total: 4614.0
- Lot Features: Back Yard, Front Yard, Interior Lot, Landscaped, Lake on Lot, Pond on Lot, Private, Secluded, Views, Waterfront, Hardwood Trees
- Architectural Style: Transitional
- Total Other Area Sq Ft: 0.0
- Other Structures: Shed(s)
- Parcel Number: 1861218543
- Structure Type: House, Site Built
- Enhanced Accessible: No
- Has Main Level Bedrooms: Yes
- Has Primary Residence: Yes
- Sold PriceList Price: 0.98
- Water Frontage Length: 100
- New Construction: No
- Community Features: Lake, Street Lights
- Senior Community: No
- Sewer: Septic Tank
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
- Water Source: Community Water
- Association Amenities: Maintenance Grounds, Other, Pond Year Round
- Construction Materials: Fiber Cement, Masonite
- Exterior Features: Fire Pit, Lighting, Private Yard, Rain Gutters, Smart Camera(s)/Recording, Smart Lock(s), Storage, Fenced Yard
- Fencing: Back Yard, Fenced
- Foundation Details: Crawlspace
- Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Wrap Around
- Roof: Shingle
- Security Features: Smoke Detector(s), Security System
- New Construction Type: House, Site Built, Fiber Cement, Masonite
- Levels: Two
- Stories: 2
- Main Level Bedrooms: 1
- Master Bedroom 1st Floor: Yes
- Basement Description: Crawl Space
- Fireplace Features: Electric, Family Room
- Has Fireplace: Yes
- Fireplaces Total: 1
- Flooring: Carpet, Hardwood, Tile
- Cooling: Central Air, Electric, Zoned
- Has Cooling: Yes
- Heating: Electric, Forced Air
- Has Heating: Yes
- Appliances: Disposal, Dishwasher, Electric Cooktop, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
- Laundry Features: Common Area, Inside, Laundry Room, Main Level, Sink
- Interior Features: Built-in Features, Bookcases, Cedar Closet(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Smart Home, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Shower Only, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Bathtub Only, Quartz Counters, Smooth Ceilings
- Additional Equipment: Generator
- Type: Primary Bedroom
- Level: Main
- Description: 1st Floor
- Length: 17.5
- Width: 15.0
- Type: Bedroom 2
- Level: Second
- Description: 2nd Floor
- Length: 15.4
- Width: 13.1
- Type: Bedroom 3
- Level: Second
- Description: 2nd Floor
- Length: 13.0
- Width: 12.2
- Type: Bonus Room
- Level: Second
- Description: 2nd Floor
- Length: 23.9
- Width: 20.5
- Type: Bedroom 4
- Level: Second
- Description: 2nd Floor
- Length: 16.5
- Width: 13.4
- Type: Dining Room
- Level: Main
- Description: 1st Floor
- Length: 15.3
- Width: 12.7
- Type: Office
- Level: Main
- Description: 1st Floor
- Length: 12.9
- Width: 10.9
- Type: Kitchen
- Level: Main
- Description: 1st Floor
- Length: 13.2
- Width: 11.4
- Type: Laundry
- Level: Main
- Description: 1st Floor
- Length: 8.8
- Width: 7.8
- Type: Family Room
- Level: Main
- Description: 1st Floor
- Length: 18.0
- Width: 14.8
- Type: Loft
- Level: Second
- Description: 2nd Floor
- Length: 16.8
- Width: 13.1
- Type: Other
- Level: Main
- Description: 2 Car Garage #1
- Length: 23.4
- Width: 21.9
- Type: Other
- Level: Main
- Description: 2 Car Garage #2
- Length: 23.6
- Width: 23.2
- Type: Other
- Level: Second
- Description: 2nd Floor
- Length: 19.5
- Width: 18.0
Property History for 5316 Mill Dam Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 26, 2026 | Sold Doorify MLS (fka Triangle MLS) #10125433 | $1,325,000 | — |
| Feb 24, 2026 | Sold (Public Record) Public Record #1930838453 | $1,325,000 | +9.0% / yr |
| Jan 14, 2026 | Pending Doorify MLS (fka Triangle MLS) #10125433 | — | |
| Oct 2, 2025 | Listed (Active) Doorify MLS (fka Triangle MLS) #10125433 | $1,350,000 | — |
| Sep 8, 2021 | Sold Doorify MLS (fka Triangle MLS) #2385082 | $900,000 | — |
| Sep 7, 2021 | Sold (Public Record) Public Record #1474412450 | $900,000 | — |
| Jun 21, 2021 | Pending Doorify MLS (fka Triangle MLS) #2385082 | — | |
| May 20, 2021 | Listed (Active) Doorify MLS (fka Triangle MLS) #2385082 | $875,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/26/2026 | Sold Doorify MLS (fka Triangle MLS) #10125433 | $1,325,000 |
| 02/24/2026 | Sold (Public Record) Public Record #1930838453 | $1,325,000 +9.0% / yr |
| 01/14/2026 | Pending Doorify MLS (fka Triangle MLS) #10125433 | — |
| 10/02/2025 | Listed (Active) Doorify MLS (fka Triangle MLS) #10125433 | $1,350,000 |
| 09/08/2021 | Sold Doorify MLS (fka Triangle MLS) #2385082 | $900,000 |
| 09/07/2021 | Sold (Public Record) Public Record #1474412450 | $900,000 |
| 06/21/2021 | Pending Doorify MLS (fka Triangle MLS) #2385082 | — |
| 05/20/2021 | Listed (Active) Doorify MLS (fka Triangle MLS) #2385082 | $875,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5316 Mill Dam Road
Schools near 5316 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. 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
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.

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