5344 Mill Dam Rd

4,144 Sq. Ft.
$229 / Sq. Ft.
4,144
Sq. Ft.
$229
per Sq. Ft.

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!
  1. Listed by Tammy Alexander • Real Broker, LLC
  2. Listed by Matt Bergevin • Real Broker, LLC

Property Details for 5344 Mill Dam Road

View
Yes
Waterfront
No
Showings Expected to Begin
06-05-2025
Subdivision
Millrace
HOA Fees
$400.00
LISTING UPDATED: 10/28/2025 04:05 AM

Property Details for 5344 Mill Dam Road

StatusClosed
MLS #10100466
Days on Market25
Taxes$6,361 / year
HOA Fees$400 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1999
Lot Size4.00 AC / 174,240 SF
CountyWake County

Location

Listing Courtesy of Real Broker, LLC

Sold By Jacquelyn Matusie, Broker

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Building Information for 5344 Mill Dam Road

Stories2Year Built1999Building Size-Lot Size4.00 AC / 174,240 SF

Payment Calculator

$5,194 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,630

Property Taxes

$530

HOA Dues

$33

The Payment Calculator is for illustrative purposes only.

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Property Information for 5344 Mill Dam Road

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 Includes: Unknown
  • Association: Yes
  • Total HOA Dues: $.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $6,361.44
  • City Limits YN: No
  • Lot Number: 37
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-07-14
School Information
  • Elementary School: Wake - Richland Creek
  • Middle Or Junior School: Wake - Wake Forest
  • High School: Wake - Wake Forest
Parking
  • Open Parking: No
  • Parking Features: Attached, Garage, Garage Faces Side
  • 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
  • Other Area Below Grade: 1737
  • Total Other Area Sq Ft: 1737
  • Parcel Number: 1861213173
  • Below Grade Unfinished Area Source: Appraiser
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Sold PriceList Price: 1
Property and Assessments
  • New Construction: No
  • Photos Count: 68
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
  • Water_Sewer: Public, Septic Tank
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
  • Pool Private: Yes
  • Roof: Shingle
  • New Construction Type: Fiber Cement
Interior Features
  • Levels: Two
  • Stories: 2
  • Basement Description: Unfinished
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Tile, Wood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Natural Gas
  • Heating?: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Oven
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Storage, Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Dishwasher, Microwave, Refrigerator, Oven
  • Interior: Attached, Garage, Garage Faces Side, Fiber Cement, Laundry Room, Main Level
  • Equipment: Dishwasher, Microwave, Refrigerator, Oven, Laundry Room, Main Level, Attached, Garage, Garage Faces Side
  • Additional Equipment: Irrigation Equipment
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Room Dimensions: 15 x 19.3
  • Room Width: 19.3
  • Room Length: 15.0
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 23.8 x 24.6
  • Room Width: 24.6
  • Room Length: 23.8
  • Room Level: Second
  • Room Type: Bonus Room
Room 3
  • Room Dimensions: 13 x 15
  • Room Width: 15.0
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Bedroom 2
Room 4
  • Room Dimensions: 13 x 15.3
  • Room Width: 15.3
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Bedroom 3
Room 5
  • Room Dimensions: 12.2 x 16.1
  • Room Width: 16.1
  • Room Length: 12.2
  • Room Level: Main
  • Room Type: Bedroom 4
Room 6
  • Room Dimensions: 10.9 x 16.1
  • Room Width: 16.1
  • Room Length: 10.9
  • Room Level: Main
  • Room Type: Office
Room 7
  • Room Dimensions: 15 x 15.4
  • Room Width: 15.4
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Dining Room
Room 8
  • Room Dimensions: 16.9 x 21.5
  • Room Width: 21.5
  • Room Length: 16.9
  • Room Level: Main
  • Room Type: Living Room
Room 9
  • Room Dimensions: 10.4 x 18.3
  • Room Width: 18.3
  • Room Length: 10.4
  • Room Level: Main
  • Room Type: Breakfast Room
Room 10
  • Room Dimensions: 13 x 16.6
  • Room Width: 16.6
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Kitchen
Room 11
  • Room Dimensions: 5.5 x 8.4
  • Room Width: 8.4
  • Room Length: 5.5
  • Room Level: Main
  • Room Type: Laundry
Room 12
  • Room Description: Unfinished
  • Room Dimensions: 44 x 46
  • Room Width: 46.0
  • Room Length: 44.0
  • Room Level: Basement
  • Room Type: Basement
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 5344 Mill Dam Road

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Sold

TRIANGLEMLS #10100466

$950,000—
Jul 17, 2025

Sold (Public Record)

Public Record #1909055710

$950,000

+7.1% / yr

Jun 30, 2025

Pending

TRIANGLEMLS #10100466

—
Jun 15, 2025

Price Change

TRIANGLEMLS #10100466

$975,000—
Jun 5, 2025

Listed (Active)

TRIANGLEMLS #10100466

—
Jun 3, 2025

Listed (Active)

TRIANGLEMLS #10100466

$990,000—
Jul 7, 2017

Sold

TRIANGLEMLS #2126144

$545,000—
Jul 7, 2017

Pending

TRIANGLEMLS #2126144

—
Jul 7, 2017

Sold

TRIANGLEMLS #2126144

$545,000—
Jul 6, 2017

Sold

TRIANGLEMLS #2126144

$545,000—
Jul 6, 2017

Pending

TRIANGLEMLS #2126144

—
Jun 29, 2017

Sold (Public Record)

Public Record #600529003

$545,000

+5.0% / yr

May 7, 2017

Pending

TRIANGLEMLS #2126144

—
May 4, 2017

Listed (Active)

TRIANGLEMLS #2126144

$550,000—
May 4, 2017

Listed (Active)

TRIANGLEMLS #2126144

$550,000—
Feb 28, 2013

Sold

TRIANGLEMLS #1858655

—
Feb 28, 2013

Pending

TRIANGLEMLS #1858655

—
Feb 27, 2013

Sold

TRIANGLEMLS #1858655

$440,500—
Feb 27, 2013

Sold

TRIANGLEMLS #1858655

$440,500—
Feb 20, 2013

Sold (Public Record)

Public Record #348244072

$440,500

+160.5% / yr

Oct 11, 2012

Listed (Active)

TRIANGLEMLS #1858655

$528,000—
Oct 11, 2012

Listed (Active)

TRIANGLEMLS #1858655

$528,000—
Oct 4, 2012

Sold (Public Record)

Public Record #338934830

$306,000—
DateEvent & SourcePrice
07/28/2025

Sold

TRIANGLEMLS #10100466

$950,000
07/17/2025

Sold (Public Record)

Public Record #1909055710

$950,000

+7.1% / yr

06/30/2025

Pending

TRIANGLEMLS #10100466

—
06/15/2025

Price Change

TRIANGLEMLS #10100466

$975,000
06/05/2025

Listed (Active)

TRIANGLEMLS #10100466

—
06/03/2025

Listed (Active)

TRIANGLEMLS #10100466

$990,000
07/07/2017

Sold

TRIANGLEMLS #2126144

$545,000
07/07/2017

Pending

TRIANGLEMLS #2126144

—
07/07/2017

Sold

TRIANGLEMLS #2126144

$545,000
07/06/2017

Sold

TRIANGLEMLS #2126144

$545,000
07/06/2017

Pending

TRIANGLEMLS #2126144

—
06/29/2017

Sold (Public Record)

Public Record #600529003

$545,000

+5.0% / yr

05/07/2017

Pending

TRIANGLEMLS #2126144

—
05/04/2017

Listed (Active)

TRIANGLEMLS #2126144

$550,000
05/04/2017

Listed (Active)

TRIANGLEMLS #2126144

$550,000
02/28/2013

Sold

TRIANGLEMLS #1858655

—
02/28/2013

Pending

TRIANGLEMLS #1858655

—
02/27/2013

Sold

TRIANGLEMLS #1858655

$440,500
02/27/2013

Sold

TRIANGLEMLS #1858655

$440,500
02/20/2013

Sold (Public Record)

Public Record #348244072

$440,500

+160.5% / yr

10/11/2012

Listed (Active)

TRIANGLEMLS #1858655

$528,000
10/11/2012

Listed (Active)

TRIANGLEMLS #1858655

$528,000
10/04/2012

Sold (Public Record)

Public Record #338934830

$306,000

For completeness, Compass 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
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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Listing Courtesy of Real Broker, LLC

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