5300 Mill Dam Rd
Wake Forest, NC 27587
4 Beds
3.5 Baths
4,348 sqft (on 2.84 acres)
4 Beds
3.5 Baths
4,348 sqft
(on 2.84 acres)
We estimate this home will sell faster than 89% nearby.
Home Highlights
Parking
2 Car Garage
Outdoor
Porch, Patio
Climate Control
Heating & Cooling
HOA
$36/Monthly
Price/Sqft
$310
Listed
15 days ago
Local Information
- Map ViewExplore the area around 5300 Mill Dam Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest. Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan includes a main-level primary suite along with two additional first-floor bedrooms, making everyday living convenient for a variety of lifestyles. Upstairs, you'll find another private bedroom, office, and an expansive bonus/game room perfect for entertaining, a home theater, fitness space, or teen retreat. Outside, enjoy the serenity of your private waterfront setting with plenty of room for outdoor recreation, gardening, or simply relaxing while taking in the peaceful views. A spacious 2-car garage provides ample storage and convenience. Despite its secluded feel, this home is just a short drive to Downtown Wake Forest, where you'll enjoy locally owned restaurants, boutiques, coffee shops, and year-round community events. Outdoor enthusiasts will appreciate the nearby Falls Lake Recreation Area, E. Carroll Joyner Park, and Wake Forest's extensive greenway system, while shopping, grocery stores, and everyday conveniences along the Capital Boulevard corridor are all within easy reach. This is a rare opportunity to own a spacious waterfront property that combines the tranquility of country living with the convenience of one of Wake Forest's most desirable locations. Upgrades include HVAC (2022), Radon Mitigation System, Partial Crawlspace Encapsulation, RO Water Filter, Whole House Steam Humidifier.
We estimate this home will sell faster than 89% nearby.
Open House
Saturday, August 01
12:00 PM to 2:00 PM
Home Details for 5300 Mill Dam Rd
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Interior Details Number of Rooms: 10Wet Bar |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4348 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Septic Connected, Water ConnectedAppliances: Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Oven, Water Purifier OwnedDishwasherLaundry: In Unit,Laundry Room,Main LevelMicrowaveRefrigerator |
Heating & Cooling Heating: Central, Electric, Forced Air, Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s), Central Air, Electric, Heat PumpHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family Room, PropaneHas a Fireplace |
Windows, Doors, Floors & Walls Window: Plantation ShuttersFlooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: TwoFloors: Hardwood, Tile |
View Has a ViewView: Pond, Trees/Woods |
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Exterior Home Features Roof: ShinglePatio / Porch: Covered, Front Porch, Patio, ScreenedFencing: Back Yard, FencedExterior: Fenced Yard, Private Yard, Rain GuttersNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Side,Kitchen Level |
Frontage WaterfrontWaterfront: Pond, WaterfrontOn Waterfront |
Water & Sewer Sewer: Septic TankWater Body: Austin Creek |
Finished Area Finished Area (above surface): 4348 Square Feet |
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Days on Market: 15 |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: Site BuiltArchitecture: Transitional |
Building Construction Materials: Fiber Cement, StoneNot a New Construction |
Property Information Parcel Number: 186103227038000 0215729 |
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Price List Price: $1,349,900Price Per Sqft: $310 |
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MLS Status: Active |
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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 |
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Listing Agent Listing ID: 10179572 |
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Building Area Building Area: 4348 Square Feet |
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Community Features: Fishing, LakeNot Senior Community |
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HOA Fee Includes: Maintenance GroundsHas an HOAHOA Fee: $436/Annually |
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Lot Area: 2.84 Acres |
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Special Conditions: Standard |
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Mls Number: 10179572Water ViewWater View: PondAbove Grade Unfinished Area: 4348 |
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HOA Amenities: Cabana, Maintenance Grounds, Pond Year RoundSource Internet Entire Listing Display |
Last check for updates: about 3 hours ago
Listing courtesy of Michael Ulrich, (919) 802-7282
AMG Realty LLC
Source: Doorify MLS, MLS#10179572
Also Listed on Doorify MLS.
Market trends in Wake Forest
Last updated June 2026
Avg. sale price
$545K
$15.71KMoM
Sale-to-List Price
98.7%
Price per sq ft
$214
$4MoM
Available listings
523
5MoM
Price History for 5300 Mill Dam Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/11/2026 | $1,349,900 | Listed For Sale | Doorify MLS #10179572 |
| 11/29/2021 | $930,000 | Sold | Doorify MLS #2412698 |
| 10/27/2016 | $550,000 | ListingRemoved | Agent Provided |
| 08/20/2016 | $550,000 | PriceChange | Agent Provided |
| 04/22/2016 | $575,000 | Listed For Sale | Agent Provided |
| 07/24/2006 | $582,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,205 |
| Assessment | $967,049 |
Home facts updated by county records
Comparable Sales for 5300 Mill Dam Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $950,000 | 07/28/25 | 4 | 4.5 | 4,144 | |
0.10 | Single-Family Home | $1,325,000 | 02/26/26 | 4 | 4 | 4,614 | |
0.27 | Single-Family Home | $1,000,000 | 05/29/26 | 3 | 3.5 | 3,045 | |
0.19 | Single-Family Home | $750,000 | 09/15/25 | 4 | 3.5 | 3,024 | |
0.38 | Single-Family Home | $800,000 | 01/27/26 | 4 | 3 | 3,247 | |
0.22 | Single-Family Home | $700,000 | 09/23/25 | 4 | 3 | 2,475 | |
0.52 | Single-Family Home | $1,200,000 | 04/28/26 | 4 | 5 | 7,789 | |
0.74 | Single-Family Home | $900,000 | 11/10/25 | 3 | 4.5 | 2,730 | |
0.86 | Single-Family Home | $892,000 | 01/12/26 | 5 | 4.5 | 3,830 | |
0.43 | Single-Family Home | $609,000 | 12/23/25 | 5 | 4 | 3,420 |
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Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 5300 Mill Dam Rd.
- Wake Forest High School
- 9-12
- Public
- 1952 Students
7/10GreatSchools RatingParent Rating AverageI spent all 4 years at this high school, and my experience is kind of iffy. Yes, there were some good teachers, but other teachers at this school were horrible. The teacher's use some of the same methods of teaching that were used during the covid years, just showing videos and not explaining or going over what was learned. The environment is not welcoming and fights happen every week at the school, providing an unsafe environment for students there actually trying to learn. The school also only prepares you for college if you are staying in-state, if you're planning on going to an out of state school, nobody is going to help you. The school will also prioritize the students doing well in classes and not give an equal opportunity to students having problems learning, some teachers only teaching in a way that is made to help certain types of students learn (like type a learners). In addition to the horrible education at this school, the funding for programs goes mainly to athletics, leaving little to no money for other programs. Overall, I would not recommend a parent looking to send their child to this school unless they are looking to emotionally traumatize them.Other Review2y ago - Wake Forest Middle School
- 6-8
- Public
- 889 Students
4/10GreatSchools RatingParent Rating AverageI love this school :) Everything is so wonderful here!Parent Review3mo ago - Richland Creek Elementary School
- PK-5
- Public
- 549 Students
8/10GreatSchools RatingParent Rating AverageThis school is amazing my child would always be excited to go everyday and all the teachers are amazing and very sweet.Parent Review7mo ago 
Check out schools near 5300 Mill Dam Rd.
What Locals Say about Wake Forest
At least 407 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Ulrich, AMG Realty LLC
Agent Phone: (919) 802-7282
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.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
5300 Mill Dam Rd, Wake Forest, NC 27587 is a 4 bedroom, 4 bathroom, 4,348 sqft single-family home built in 1997. This property is currently available for sale and was listed by Doorify MLS on Jul 11, 2026. The MLS # for this home is MLS# 10179572.