5205 Mill Dam Rd, Wake Forest, NC 27587
Property image
Property image
SOLD
APR 28, 2026

$1,192,400

Trulia Estimate
  • 4 Beds
  • 5 Baths
  • 7,789 sqft (on 2 acres)

5205 Mill Dam Rd, Wake Forest, NC 27587

Est. Refi. Payment $7,117/mo*
Refinance Your Home
Currently Off Market - Sold Apr 28, 2026 for $1,200,000 (14% below list price)

Home Value

Trulia Estimate
$1.19M
Since last month
Decreased$18K (-1.5%)
Since last year
Decreased$43K (-3.6%)
Since last sale
Decreased$24K (-2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +50% in the last 10 years
MonthEstimated value
2026
September 2026$1.18M
August 2026$1.19M
July 2026$1.2M
June 2026$1.2M
May 2026$1.2M
April 2026$1.2M
March 2026$1.32M
February 2026$1.32M
January 2026$1.33M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2117 Averette Rd, Wake Forest, NC
0.15
Single-Family Home
$900,000
11/10/25
3
4.5
2,730
5228 Mill Dam Rd, Wake Forest, NC
0.26
Single-Family Home
$1,000,000
05/29/26
3
3.5
3,045
5373 Mill Dam Rd, Wake Forest, NC
0.30
Single-Family Home
$800,000
01/27/26
4
3
3,247
5316 Mill Dam Rd, Wake Forest, NC
0.53
Single-Family Home
$1,325,000
02/26/26
4
4
4,614
1632 Sterling Lake Dr, Wake Forest, NC
0.66
Single-Family Home
$1,400,000
06/08/26
4
5
4,959
1409 Sterling Lake Dr, Wake Forest, NC
0.88
Single-Family Home
$1,450,000
05/26/26
5
4.5
4,034
5416 Mill Dam Rd, Wake Forest, NC
0.28
Single-Family Home
$610,000
08/03/26
5
4
3,555
313 Toadstool Trl, Wake Forest, NC
0.31
Single-Family Home
$627,000
06/10/26
5
4
3,545
309 Toadstool Trl, Wake Forest, NC
0.30
Single-Family Home
$620,000
03/17/26
5
4
3,288

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5545 Mill Dam Rd #160, Wake Forest, NC 27587
0.00
$409,100
3
2.5
1,950
Off Market
5537 Mill Dam Rd #162, Wake Forest, NC 27587
0.00
$412,600
3
2.5
1,950
Off Market
5541 Mill Dam Rd #161, Wake Forest, NC 27587
0.00
$426,400
4
3
2,130
Off Market
5525 Mill Dam Rd #165, Wake Forest, NC 27587
0.00
$433,000
4
3
2,130
Off Market
5553 Mill Dam Rd #158, Wake Forest, NC 27587
0.00
$408,000
3
2.5
1,950
Off Market
5512 Mill Dam Rd #143, Wake Forest, NC 27587
0.00
$480,000
4
3
2,635
Off Market
5508 Mill Dam Rd #142, Wake Forest, NC 27587
0.00
$491,700
4
3
2,700
Off Market
5564 Mill Dam Rd #154, Wake Forest, NC 27587
0.00
$526,100
5
4
2,881
Off Market
5549 Mill Dam Rd #159, Wake Forest, NC 27587
0.00
$426,900
4
3
2,130
Off Market
5532 Mill Dam Rd #148, Wake Forest, NC 27587
0.00
$517,000
5
4
2,881
Off Market
1125 Copper Beech Ln, Wake Forest, NC 27587
0.08
$529,800
4
3
2,838
Off Market

Local Information

  • Map ViewExplore the area around 5205 Mill Dam Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2000
2 acre lot
7,789 sqft
$154/sqft
Garage
HOA $35/mo

About this House

Stunning Lakefront Estate with 7-Car Garage, Workshop, and Distinctive Architecture Design - 7789 Sq Ft
Welcome to your dream lakefront retreat! This exceptional 7,789FS custom home blends luxury living with practical design, offering everything you need for comfort, creativity, and entertaining.
Step outside to your private oasis featuring a newly completed paver patio with stone wall accents and romantic string lighting. A welcoming gathering space centered around a fire pit, offering the perfect spot for entertaining and staying toasty through every season. Unwind in the gazebo with a hot tub, or relax in the sunroom with heated floors, skylights, and a full wall of windows showcasing a private courtyard.
Car enthusiasts and hobbyists will love the 7-car garage and a spacious workshop with two dedicated 240V outlets—ideal for a planner, pottery kiln, or other equipment. An additional attached storage shed with a bay door offers even more space for tools and toys.
Inside, the home boasts thoughtful design and upscale touches throughout. The butler pantry walk-in makes entertaining seamless, while the kitchenette near the living room adds extra convenience. Enjoy two striking fireplaces: a 72-inch linear fireplace set in a floor-to-ceiling stone wall in the living room and a 36x36 fireplace with a custom wall mantle that adds warmth and character. The first-floor master suite offers privacy and comfort, and master bathroom features double shower heads and a jacuzzi tub.
Additional highlights include:
Lake-fed irrigation for effortless landscaping
Two fully encapsulated crawlspaces, both with dehumidifiers and sump pumps
Newly insulated crawlspace doors, garage doors and two attics for energy saving
Large flex space with a full bath set up above 4-car garage can be used as in-law suite
Two walk-in attics provide substantial storage or potential for expansion
Whether you're an entertainer, craftsman, car collector, or someone seeking peace by the water, this one-of-a-kind home offers the perfect blend of sophistication, space, and setting.
5205 Mill Dam Rd, Wake Forest, NC 27587 is a 4 bedroom, 6 bathroom, 7,789 sqft single-family home built in 2000. It last sold for $1,200,000 on Apr 28, 2026 (14% below the $1,400,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,192,400, with a rent estimate of $4,204/month.
Last check for updates: about 5 hours ago
Listed by Jo Smith, (919) 302-4493
Northside Realty Inc.
Bought with: Gerardo Silvestri, (919) 816-5941, DASH Carolina
Source: Doorify MLS, MLS#10128160

Home Details for 5205 Mill Dam Rd

Interior Features

Interior Details
Number of Rooms: 18Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Game Room, Kitchen, Living Room, Office, Sunroom
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (half): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 7789 Square Feet
Appliances & Utilities
Appliances: Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Washer, Wall OvenDryerLaundry: Electric Dryer Hookup,Gas Dryer Hookup,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Forced Air,Natural Gas,ZonedHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, TileCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Levels: TwoFloors: Carpet, Hardwood, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: Architectural ShingleExterior: Rain Gutters, Smart IrrigationFoundation: Crawlspace
Parking & Garage
Number of Garage Spaces: 7Number of Covered Spaces: 7No CarportHas a GarageParking Spaces: 7Parking: Garage
Frontage
Frontage Type: LakefrontResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 7789 Square Feet

Property Information

Year Built
Year Built: 2000
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Traditional
Building
Construction Materials: Brick, Fiber Cement, StoneNot a New Construction
Property Information
Parcel Number: 1861.03011026 0214378

Price & Status

Price
List Price: $1,400,000Price Per Sqft: $154/sqft
Status Change & Dates
Off Market Date: Thu Mar 12 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wake ForestCommunity: Mill Race
School Information
Elementary School: Wake - Richland Creek Elementary SchoolJr High / Middle School: Wake - Wake Forest Middle SchoolHigh School: Wake - Wake Forest High School

Building

Building Area
Building Area: 7789 Square Feet

HOA

HOA Fee Includes: NoneHOA Name: Mill Race HOAHOA Phone: 919-723-8496Has an HOAHOA Fee: $416/Annually

Lot Information

Lot Area: 2 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 10128160Above Grade Unfinished Area: 7789

Additional Information

HOA Amenities: NoneSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Apr 28, 2026
Source: Doorify MLS #10128160
Sold
$1,200,000
Mar 12, 2026
Source: Doorify MLS #10128160
Pending
$1,400,000
Oct 17, 2025
Source: Doorify MLS #10128160
Listed For Sale
$1,400,000
Apr 9, 2021
Source: N/A
Sold
$755,000
Oct 27, 2020
Source: Agent Provided
PriceChange
$799,900
Price decreased by 0%

Market trends in Wake Forest

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$540K
$8.33KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$213
$4MoM
Available listings
511

Around this home

What Locals Say about Wake Forest

At least 410 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 93 % Say it's dog friendly

  • 87 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 76 % Say kids play outside

  • 75 % Say there are sidewalks

  • 73 % Say it's quiet

  • 68 % Say streets are well-lit

  • 64 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 49 % Say there are community events

  • 36 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There is a dog park and trails, also waste bag stations "
    0
    Flag
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
    0
    Flag
  • Terri Coleman
    "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
    0
    Flag
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
    0
    Flag
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
    0
    Flag
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
    0
    Flag
  • Itriplie94
    "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
    0
    Flag
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
    0
    Flag
  • Lou 3000
    "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
    0
    Flag
  • Lou 3000
    "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
    0
    Flag
  • Danielle Livingston
    "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
    0
    Flag
  • Madison Smith
    "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
    0
    Flag
  • Monica.ortega70
    "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
    0
    Flag
  • Madison Smith
    "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
    0
    Flag
  • Monica.ortega70
    "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
    0
    Flag
  • Brittany Brathwaite
    "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
    0
    Flag
  • Michael Roberti
    "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
    0
    Flag
  • Vhfdbgt7kd
    "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
    0
    Flag
  • Brittany Brathwaite
    "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
    0
    Flag
  • Sally Dixon
    "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
    4
    Flag
  • Brittany Brathwaite
    "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
    0
    Flag
  • Ljaddison
    "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
    1
    Flag
  • Brittany Brathwaite
    "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
    1
    Flag
  • PegH
    "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
    0
    Flag
  • Peggymhaas
    "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
    9
    Flag
  • Andrew W.
    "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
    0
    Flag
  • Lwbenn
    "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
    9
    Flag
  • Camcolwill
    "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
    0
    Flag
  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
    0
    Flag
  • Naresh G.
    "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
    0
    Flag
  • Camcolwill
    "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
    0
    Flag
  • Kingangel73
    "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
    0
    Flag
  • Patsy
    "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
    0
    Flag
  • Peggymhaas
    "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
    4
    Flag
  • Peggymhaas
    "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
    3
    Flag
  • Peggymhaas
    "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
    1
    Flag
  • WF Resident
    "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
    10
    Flag
  • Peggym
    "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
    4
    Flag
  • Julie B. .
    "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
    0
    Flag
  • Kerryjuliekane
    "Ladies night out. Walking with friends. Bells lake access for fun trails. Fall pizza gathering in culdesac. "
    0
    Flag

LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

Frequently asked questions about 5205 Mill Dam Rd

  • What is 5205 Mill Dam Rd estimated to be worth?
    Trulia's estimated value for 5205 Mill Dam Rd in Wake Forest, NC is $1,192,400.
  • What is the price history for 5205 Mill Dam Rd?
    5205 Mill Dam Rd in Wake Forest, NC last sold for $1,200,000 in April 2026.
  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $540K. That is down $8.33K from the prior month.
  • Does 5205 Mill Dam Rd have air conditioning?
    Yes, 5205 Mill Dam Rd in Wake Forest, NC has air conditioning.
  • Does 5205 Mill Dam Rd have laundry facilities?
    Yes, 5205 Mill Dam Rd in Wake Forest, NC has in-unit laundry.

Explore by feature - Pet Friendly

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