5228 Mill Dam Rd, Wake Forest, NC 27587
Property image
Property image
SOLD
MAY 29, 2026

$982,800

Trulia Estimate
  • 3 Beds
  • 3.5 Baths
  • 3,045 sqft (on 3.07 acres)

5228 Mill Dam Rd, Wake Forest, NC 27587

Est. Refi. Payment $5,895/mo*
Refinance Your Home
Currently Off Market - Sold May 29, 2026 for $1,000,000 (0% above list price)

Home Value

Trulia Estimate
$983K
Since last month
Decreased$14K (-1.4%)
Since last year
Increased$110K (+12.6%)
Since last sale
Decreased$18K (-1.8%)
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 +134% in the last 10 years
MonthEstimated value
2026
September 2026$982K
August 2026$996K
July 2026$1M
June 2026$999K
May 2026$1M
April 2026$1M
March 2026$886K
February 2026$871K
January 2026$853K
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
5373 Mill Dam Rd, Wake Forest, NC
0.25
Single-Family Home
$800,000
01/27/26
4
3
3,247
2117 Averette Rd, Wake Forest, NC
0.38
Single-Family Home
$900,000
11/10/25
3
4.5
2,730
5316 Mill Dam Rd, Wake Forest, NC
0.30
Single-Family Home
$1,325,000
02/26/26
4
4
4,614
5205 Mill Dam Rd, Wake Forest, NC
0.26
Single-Family Home
$1,200,000
04/28/26
4
5
7,789
309 Toadstool Trl, Wake Forest, NC
0.33
Single-Family Home
$620,000
03/17/26
5
4
3,288
313 Toadstool Trl, Wake Forest, NC
0.34
Single-Family Home
$627,000
06/10/26
5
4
3,545
813 Precipice Way, Wake Forest, NC
0.40
Single-Family Home
$515,000
08/24/26
4
3
2,856
5416 Mill Dam Rd, Wake Forest, NC
0.38
Single-Family Home
$610,000
08/03/26
5
4
3,555
7704 Zebulon Rd, Youngsville, NC
0.98
Single-Family Home
$475,000
07/21/26
3
3
2,296

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
5241 Mill Dam Rd, Wake Forest, NC 27587
0.15
$730,600
4
3.5
3,024
Off Market
5361 Mill Dam Rd, Wake Forest, NC 27587
0.20
$941,500
4
3
3,576
Off Market
2224 Averette Rd, Wake Forest, NC 27587
0.23
$327,700
3
2
1,525
Off Market
5344 Mill Dam Rd, Wake Forest, NC 27587
0.22
$920,800
4
4.5
4,144
Off Market
5372 Mill Dam Rd, Wake Forest, NC 27587
0.24
$1,183,800
5
4
4,349
Off Market
5205 Mill Dam Rd, Wake Forest, NC 27587
0.26
$1,200,000
4
5
7,789
Recently Sold
5545 Mill Dam Rd #160, Wake Forest, NC 27587
0.26
$407,800
3
2.5
1,950
Off Market
5537 Mill Dam Rd #162, Wake Forest, NC 27587
0.26
$412,600
3
2.5
1,950
Off Market
5541 Mill Dam Rd #161, Wake Forest, NC 27587
0.26
$424,700
4
3
2,130
Off Market
5525 Mill Dam Rd #165, Wake Forest, NC 27587
0.26
$431,300
4
3
2,130
Off Market
5553 Mill Dam Rd #158, Wake Forest, NC 27587
0.26
$406,600
3
2.5
1,950
Off Market

Local Information

  • Map ViewExplore the area around 5228 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 2001
3.07 acre lot
3,045 sqft
$328/sqft
Garage
HOA $35/mo

About this House

What's unique:Cozy fireplacePeaceful water viewsFenced backyardWalk-in pantryRecently painted exterior
Set along the shores of a picturesque lake and surrounded by tranquil woods and preserved common area, this exceptional home offers a rare blend of privacy, comfort, and natural beauty. From the moment you arrive, the setting feels like a retreat where peaceful water views and abundant wildlife, including ducks, geese, and turtles, become part of everyday life. Inside, the main level welcomes you with rich hardwood floors that flow seamlessly throughout. The central living room, framed by custom built-in bookcases and a cozy fireplace, captures stunning lake views, while the family room boasts a dramatic cathedral ceiling, gas fireplace, and a panoramic view of the lake. An updated kitchen serves as the heart of the home, showcasing quartzite counters, walk-in pantry, and easy access to the surrounding living areas. A 1st floor office with a closet adds flexibility for remote work or additional guest space. The primary bedroom and a secondary bedroom are located on the first floor. The primary suite is a true sanctuary, featuring serene lake views, two walk-in closets, and an updated bath complete with an remodeled walk-in shower, garden tub and dual vanities with granite counters. The secondary bedroom also offers a walk-in closet and its own remodeled bath with a walk-in shower. Upstairs, you'll find a private ensuite retreat with a large walk-in closet, along with a charming flex room featuring a window seat. This versatile 224 sq ft space is not included in the total square footage as a portion of the room has 7-ft ceilings. The expansive 1,733 sq ft walk-in attic on the second floor offers incredible potential for future expansion or customization. Outdoor living stretches over the 3.07 acre property. An updated deck with composite flooring, leads down to a flagstone patio with a fire pit and is perfectly positioned to take in the lake views and experience sunlight dancing across the water. The adjoining wooded common area with natural walking paths enhances the sense of connection to nature. Just a short walk away, the charming community dock invites you to enjoy fishing and lakeside relaxation. This home has been meticulously maintained and updated, including a new roof (2019), first-floor HVAC (2021), second-floor HVAC (2014), fenced backyard, sealed crawlspace, recently painted exterior, natural gas installation, and $30,000 in landscaping and hardscaping improvements. Relish the beauty and tranquility of lakeside living in a private setting while being just minutes from shopping, dining, and healthcare.
5228 Mill Dam Rd, Wake Forest, NC 27587 is a 3 bedroom, 4 bathroom, 3,045 sqft single-family home built in 2001. It last sold for the $999,950 asking price on May 29, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $982,800, with a rent estimate of $3,612/month.
Last check for updates: about 6 hours ago
Listed by Kimberly Conroy, (919) 539-2860
Coldwell Banker HPW
Bought with: Howard Adam Liebman, (305) 962-6489, Berkshire Hathaway HomeService
Source: Doorify MLS, MLS#10158980

Home Details for 5228 Mill Dam Rd

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Breakfast Room, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3045 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Propane, Sewer ConnectedAppliances: Bar Fridge, Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/DryerDishwasherLaundry: Laundry Room,Main Level,SinkMicrowaveRefrigerator
Heating & Cooling
Heating: Fireplace(s),Forced Air,Natural Gas,Propane,Gas PackHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family Room, Living Room
Windows, Doors, Floors & Walls
Window: Insulated WindowsFlooring: Carpet, Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfFloors: Carpet, Ceramic Tile, Hardwood
View
Has a ViewView: Lake

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Front Porch, PatioFencing: Back YardVegetation: Partially WoodedOther Structures: Garage(s)Exterior: Fire Pit, Private Yard, Rain Gutters, Fenced YardFoundation: Crawlspace
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Deck,Garage Faces Side,Garage,Garage Door Opener
Frontage
Frontage Type: LakefrontResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 3045 Square Feet

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: House, Site BuiltArchitecture: Farmhouse
Building
Construction Materials: Fiber CementNot a New Construction
Property Information
Parcel Number: 1861113765

Price & Status

Price
List Price: $999,950Price Per Sqft: $328/sqft
Status Change & Dates
Off Market Date: Sun Apr 12 2026Possession Timing: Close Of Escrow, See Remarks

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Wake ForestCommunity: Millrace
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: 3045 Square Feet

Community

Community Features: Fishing, Lake

HOA

HOA Fee Includes: Storm Water MaintenanceHOA Name: Millrace HOAHOA Phone: 919-723-8496Has an HOAHOA Fee: $416/Annually

Lot Information

Lot Area: 3.07 Acres

Listing Info

Special Conditions: Probate Listing

Offer

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

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 10158980Water ViewWater View: LakeAbove Grade Unfinished Area: 3045

Additional Information

FishingLakeSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
May 29, 2026
Source: Doorify MLS #10158980
Sold
$1,000,000
Apr 13, 2026
Source: Doorify MLS #10158980
Pending
$999,950
Apr 10, 2026
Source: Doorify MLS #10158980
Listed For Sale
$999,950
Apr 19, 2013
Source: N/A
Sold
$415,000
Feb 23, 2013
Source: Agent Provided
Listed For Sale
$410,850

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
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  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
    0
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  • 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 5228 Mill Dam Rd

  • What is 5228 Mill Dam Rd estimated to be worth?
    Trulia's estimated value for 5228 Mill Dam Rd in Wake Forest, NC is $982,800.
  • What is the price history for 5228 Mill Dam Rd?
    5228 Mill Dam Rd in Wake Forest, NC last sold for $1,000,000 in May 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 5228 Mill Dam Rd have air conditioning?
    Yes, 5228 Mill Dam Rd in Wake Forest, NC has air conditioning.
  • Does 5228 Mill Dam Rd have laundry facilities?
    Yes, 5228 Mill Dam Rd in Wake Forest, NC has laundry facilities.

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