5340 Mill Dam Road

Open: 8/22 01:00PM - 03:00PMNew
Open: 8/22 01:00PM - 03:00PMNew
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Gallery Image 55
$1,150,000
4 beds4,705 sqft$244/sqft
5340 Mill Dam Rd, Wake Forest, NC 27587
Est: $6,511/moGet pre-approved

Description

Surround yourself with nature, wide-open spaces, and peaceful water views in this exceptional Mill Race home! The main level features a spacious primary suite and dedicated home office, along with an inviting open-concept living area designed for both everyday living and entertaining. Upstairs offers three additional bedrooms and a versatile bonus room. The chef's kitchen is a true centerpiece, showcasing a large island, built-in refrigerator, and custom finishes throughout. Quality craftsmanship...Surround yourself with nature, wide-open spaces, and peaceful water views in this exceptional Mill Race home! The main level features a spacious primary suite and dedicated home office, along with an inviting open-concept living area designed for both everyday living and entertaining. Upstairs offers three additional bedrooms and a versatile bonus room. The chef's kitchen is a true centerpiece, showcasing a large island, built-in refrigerator, and custom finishes throughout. Quality craftsmanship is evident in every detail of this beautifully designed home. Unwind on the back deck overlooking the water or launch a kayak for a relaxing adventure across the lake. The detached two-car garage has been thoughtfully converted into a studio guest house but could easily be transformed back into garage space to suit your needs. Welcome home to Mill Race—where nature, comfort, and timeless craftsmanship come together!
LISTING UPDATED: 08/20/2026 02:25 PM

  1. Listed by Janna Whitehorne • Mark Spain Real Estate

Property Details for 5340 Mill Dam Road

Status
Active
MLS #
10187579
Taxes
$7,391 / year
HOA Fees
$50 / month
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
2007
Lot Size
3.01 AC / 131,115 SF
County
Wake County
View
Lake
View
Yes
Waterfront Features
Lake Privileges
Waterfront
Yes
Subdivision
Millrace
Waterfront Type
Lake Privileges
HOA Fees
$50.00

Open Houses

Saturday, Aug 22nd1:00 PM - 3:00 PM
PublicView contact

Location

Listing Courtesy of Mark Spain Real Estate
Add your commute

Building Information for 5340 Mill Dam Road

Stories2Year Built2007Building Size-Lot Size3.01 AC / 131,115 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$6,511 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,845

Property Taxes

$616

HOA Dues

$50

The Payment Calculator is for illustrative purposes only.

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Property Information for 5340 Mill Dam Road

Summary
Location and General Information
  • Water Body Name: To Be Added
  • Directions: From Raleigh - tale Hwy 410 N to Rolesville., L onto E. Young St, continue straight past Privitte Ins. onto W Young St - go 3.9 miles, R onto Mill Dam Rd.
  • Subdivision Name: Millrace
  • Latitude: 35.977174
  • Longitude: -78.450614
  • Waterfront Description: Lake Privileges
Taxes and HOA Information
  • Association Fee Includes: Unknown
  • Association: Yes
  • Total HOA Dues: $50.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $7,390.94
  • City Limits YN: No
  • Lot Number: 38
  • 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
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Garage Door Opener, Garage Faces Side
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 4705.28
  • Lot Features: Back Yard, Gentle Sloping, Views, Waterfront
  • Architectural Style: Transitional
  • Other Area Above Grade: 0
  • Other Area Below Grade: 0
  • Total Other Area Sq Ft: 0
  • Other Structures: Guest House
  • Parcel Number: 186103215028000 0221613
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Water Frontage Length: 200
Property and Assessments
  • New Construction: No
  • Photos Count: 54
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Lake
  • Senior Community: No
Utilities
  • Sewer: Private Sewer
  • Water Source: Public
  • Water_Sewer: Public, Private Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Exterior Features: Fenced Yard, Private Yard
  • Fencing: Back Yard
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Fiber Cement, House, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Master Bedroom 1st Floor: 1
  • Fireplace Features: Gas Log, Great Room, Living Room
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Hardwood, Tile
  • Windows Treatment: Blinds, Plantation Shutters
  • Cooling: Central Air, Electric
  • Cooling?: Yes
  • Heating: Forced Air, Propane
  • Heating?: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Oven
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Oven
  • Interior: Additional Parking, Attached, Garage Door Opener, Garage Faces Side, Fiber Cement, Laundry Room, Main Level
  • Equipment: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Oven, Laundry Room, Main Level, Additional Parking, Attached, Garage Door Opener, Garage Faces Side
  • Additional Equipment: Fuel Tank(s)
Room Information
Room Information
  • Rooms Total: 18.0
Room 1
  • Room Dimensions: 13.8 x 17.8
  • Room Width: 17.8
  • Room Length: 13.8
  • Room Level: First
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 10.5 x 12.9
  • Room Width: 12.9
  • Room Length: 10.5
  • Room Level: First
  • Room Type: Primary Bathroom
Room 3
  • Room Description: Primary Closet
  • Room Dimensions: 13.5 x 9.4
  • Room Width: 9.4
  • Room Length: 13.5
  • Room Level: First
  • Room Type: Other
Room 4
  • Room Dimensions: 8.9 x 17.3
  • Room Width: 17.3
  • Room Length: 8.9
  • Room Level: First
  • Room Type: Entrance Hall
Room 5
  • Room Dimensions: 14.7 x 14.9
  • Room Width: 14.9
  • Room Length: 14.7
  • Room Level: First
  • Room Type: Den
Room 6
  • Room Dimensions: 12.4 x 12.0
  • Room Width: 12.0
  • Room Length: 12.4
  • Room Level: First
  • Room Type: Dining Room
Room 7
  • Room Dimensions: 6.8 x 9.11
  • Room Width: 9.11
  • Room Length: 6.8
  • Room Level: First
  • Room Type: Laundry
Room 8
  • Room Dimensions: 15.12 x 15.1
  • Room Width: 15.1
  • Room Length: 15.12
  • Room Level: First
  • Room Type: Kitchen
Room 9
  • Room Dimensions: 20.8 x 17.7
  • Room Width: 17.7
  • Room Length: 20.8
  • Room Level: First
  • Room Type: Living Room
Room 10
  • Room Description: Formal Dining
  • Room Dimensions: 13.0 x 13.1
  • Room Width: 13.1
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Dining Room
Room 11
  • Room Dimensions: 13.2 x 12.2
  • Room Width: 12.2
  • Room Length: 13.2
  • Room Level: First
  • Room Type: Den
Room 12
  • Room Description: Half Bath
  • Room Dimensions: 4.1 x 5.0
  • Room Width: 5.0
  • Room Length: 4.1
  • Room Level: First
  • Room Type: Bathroom 2
Room 13
  • Room Dimensions: 14.8 x 13.2
  • Room Width: 13.2
  • Room Length: 14.8
  • Room Level: Second
  • Room Type: Bedroom 2
Room 14
  • Room Dimensions: 15.8 x 10.9
  • Room Width: 10.9
  • Room Length: 15.8
  • Room Level: Second
  • Room Type: Bedroom 3
Room 15
  • Room Dimensions: 12.5 x 13.4
  • Room Width: 13.4
  • Room Length: 12.5
  • Room Level: Second
  • Room Type: Bedroom 4
Room 16
  • Room Dimensions: 19.4 x 25.1
  • Room Width: 25.1
  • Room Length: 19.4
  • Room Level: Second
  • Room Type: Bonus Room
Room 17
  • Room Dimensions: 12.7 x 9.0
  • Room Width: 9.0
  • Room Length: 12.7
  • Room Level: Second
  • Room Type: Bathroom 3
Room 18
  • Room Dimensions: 9.6 x 4.1
  • Room Width: 4.1
  • Room Length: 9.6
  • Room Level: Second
  • Room Type: Bathroom 4
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 5340 Mill Dam Road

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Listed (Active)

TRIANGLEMLS #10187579

$1,150,000—
Jan 8, 2024

Expired

TRIANGLEMLS #2536018

—
Dec 1, 2023

Price Change

TRIANGLEMLS #2536018

$1,150,000—
DateEvent & SourcePrice
08/20/2026

Listed (Active)

TRIANGLEMLS #10187579

$1,150,000
01/08/2024

Expired

TRIANGLEMLS #2536018

—
12/01/2023

Price Change

TRIANGLEMLS #2536018

$1,150,000

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

Public Records for 5340 Mill Dam Road

Taxable ValueLand$273,000Additions$879,429Total$1,152,429
Tax Record2025$7,391 ($616 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt3,753 SqFtAbove Grade Finished SqFt3,753 SqFtStories1Lot Size131,116 SqFtStyleSingle Family ResidenceYear Built2007Year Renovated2012ZoningR-30CountyWAKEAPN1861.03-21-5028-000

Schools near 5340 Mill Dam Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Richland Creek Elementary School
Public - PK to 5
Wake Forest Middle School
Public - 6 to 8
Wake Forest High School
Public - 9 to 12
North Wake College And Career Academy
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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More information about 5340 Mill Dam Road, Wake Forest, NC 27587

5340 Mill Dam Road is a single family home for sale in Wake Forest, NC 27587. This property was listed for sale on August 20, 2026 by Mark Spain Real Estate, it's currently listed at $1,150,000. It has been on the market for a total of 0 days and was last sold on November 15, 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. 5340 Mill Dam Road is a 4-bed, 4-bath, 4,705 sqft single family home built in 2007.

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 Mark Spain Real Estate

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.