5344 Mill Dam Road

Closed 7/28/25
Closed 7/28/25
67-2A1A5341
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Features Flyer
Features Flyer
Sold
Last Sold Price
$950,000
4 beds4,144 sqft
5344 Mill Dam Rd, Wake Forest, NC 27587
Single FamilyProperty Type
4.00 acresLot Size
1999Year Built
$229/sq ftPrice per sq ft
$400/yrHOA Fees
4 carsParking Spaces

Description

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,...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!
  • Listed by: Tammy Alexander 317.509.8765 alexanderrealtync@gmail.com Brokerage DRE #C27563 • Real Broker, LLC
  • Listed by: Matt Bergevin 919.426.1561 matt@carolinaeliterealtygroup.com Brokerage DRE #C27563 • Real Broker, LLC
Listing closed: 07/28/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10100466
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Location

Listing Courtesy of Real Broker, LLC

Sold By Jacquelyn Matusie, Broker

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$5,473 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,909

Property Taxes

$530

HOA Dues

$33

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Property Information for 5344 Mill Dam Road

Property Details
  • Taxes: $6,361 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Waterfront: No
  • Showings Expected to Begin: 06-05-2025
  • Subdivision: Millrace
Building Information
  • Stories: 2
  • Year Built: 1999
  • Lot Size: 4.00 AC / 174,239 SF
Summary
Location and General Information
  • Directions: From RDU, take I-540 E. Take exit 18 for US-401N towards Louisburg. Turn left onto US-401N/Louisburg Rd. Turn right onto NC-96 N. At traffic circle, take 3rd exit onto NC-98 W. Turn right onto Averette Rd. Turn right onto Mill Dam Rd. Home will be on right.
  • Subdivision Name: Millrace
  • Latitude: 35.977364
  • Longitude: -78.45121
Taxes and HOA Information
  • Association Fee: $400.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Unknown
  • Association Name: Millrace Homeowners Association
  • Association Phone2: 919-723-8496
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $6,361.44
  • Has City Limits: No
  • Lot Number: 37
  • Has Restrictive Covenants: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-07-14
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: No
  • Parking Features: Attached, Garage Faces Side, Garage
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 4144.0
  • Lot Features: Lake on Lot
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 1737.0
  • Parcel Number: 1861213173
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: Yes
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Community Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Foundation Details: Other
  • Patio And Porch Features: Front Porch, Patio
  • Pool Features: Fenced, Fiberglass, Filtered, In Ground, Outdoor Pool, Private
  • Roof: Shingle
  • New Construction Type: Fiber Cement
Interior Features
  • Levels: Two
  • Stories: 2
  • Master Bedroom 1st Floor: Yes
  • Basement Description: Unfinished
  • Fireplace Features: Living Room, Primary Bedroom
  • Has Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Tile, Wood
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Wall Oven
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Ceiling Fan(s), Double Vanity, Storage, Walk-In Closet(s), Bathtub/Shower Combination, Walk-In Shower
  • Additional Equipment: Irrigation Equipment
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Type: Primary Bedroom
  • Level: Second
  • Length: 15.0
  • Width: 19.3
Room 2
  • Type: Bonus Room
  • Level: Second
  • Length: 23.8
  • Width: 24.6
Room 3
  • Type: Bedroom 2
  • Level: Second
  • Length: 13.0
  • Width: 15.0
Room 4
  • Type: Bedroom 3
  • Level: Second
  • Length: 13.0
  • Width: 15.3
Room 5
  • Type: Bedroom 4
  • Level: Main
  • Length: 12.2
  • Width: 16.1
Room 6
  • Type: Office
  • Level: Main
  • Length: 10.9
  • Width: 16.1
Room 7
  • Type: Dining Room
  • Level: Main
  • Length: 15.0
  • Width: 15.4
Room 8
  • Type: Living Room
  • Level: Main
  • Length: 16.89
  • Width: 21.5
Room 9
  • Type: Breakfast Room
  • Level: Main
  • Length: 10.4
  • Width: 18.3
Room 10
  • Type: Kitchen
  • Level: Main
  • Length: 13.0
  • Width: 16.6
Room 11
  • Type: Laundry
  • Level: Main
  • Length: 5.5
  • Width: 8.4
Room 12
  • Type: Basement
  • Level: Basement
  • Description: Unfinished
  • Length: 44.0
  • Width: 46.0

Property History for 5344 Mill Dam Road

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Sold

Doorify MLS (fka Triangle MLS) #10100466

$950,000—
Jul 17, 2025

Sold (Public Record)

Public Record #1909055710

$950,000

+7.1% / yr

Jun 30, 2025

Pending

Doorify MLS (fka Triangle MLS) #10100466

—
DateEvent & SourcePrice
07/28/2025

Sold

Doorify MLS (fka Triangle MLS) #10100466

$950,000
07/17/2025

Sold (Public Record)

Public Record #1909055710

$950,000

+7.1% / yr

06/30/2025

Pending

Doorify MLS (fka Triangle MLS) #10100466

—

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

Public Records for 5344 Mill Dam Road

Taxable ValueLand$294,000Additions$727,166Total$1,021,166
Tax Record2025$6,551 ($546 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt4,136 SqFtAbove Grade Finished SqFt4,136 SqFtStories2Lot Size174,240 SqFtStyleSingle Family ResidenceYear Built1999Year Renovated2004ZoningR-30CountyWAKEAPN1861.03-21-3173 0221612Fireplace TypeHas Fireplace

Schools near 5344 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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Listing Courtesy of Real Broker, 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.