5301 Mill Dam Rd, Wake Forest, NC 27587
Property image
Property image
OFF MARKET

$933,000

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 3,868 sqft (on 2.36 acres)

5301 Mill Dam Rd, Wake Forest, NC 27587

Est. Refi. Payment $5,292/mo*
Refinance Your Home
Currently Off Market - Sold Aug 27, 2024 for $880,000

Home Value

Trulia Estimate
$933K
Since last month
Decreased$11K (-1.2%)
Since last year
Increased$75K (+8.8%)
Since last sale
Increased$51K (+5.8%)
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 +105% in the last 10 years
MonthEstimated value
2026
August 2026$931K
July 2026$942K
June 2026$938K
May 2026$931K
April 2026$903K
March 2026$887K
February 2026$861K
January 2026$861K
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
5241 Mill Dam Rd, Wake Forest, NC
0.23
Single-Family Home
$750,000
09/15/25
4
3.5
3,024
5373 Mill Dam Rd, Wake Forest, NC
0.47
Single-Family Home
$800,000
01/27/26
4
3
3,247
5316 Mill Dam Rd, Wake Forest, NC
0.16
Single-Family Home
$1,325,000
02/26/26
4
4
4,614
5228 Mill Dam Rd, Wake Forest, NC
0.35
Single-Family Home
$1,000,000
05/29/26
3
3.5
3,045
5900 Tranquil Cv, Youngsville, NC
0.16
Single-Family Home
$700,000
09/23/25
4
3
2,475
100 Rivers Edge Dr, Youngsville, NC
0.78
Single-Family Home
$892,000
01/12/26
5
4.5
3,830
5205 Mill Dam Rd, Wake Forest, NC
0.60
Single-Family Home
$1,200,000
04/28/26
4
5
7,789
2117 Averette Rd, Wake Forest, NC
0.81
Single-Family Home
$900,000
11/10/25
3
4.5
2,730
2972 Hanging Valley Way, Wake Forest, NC
0.49
Single-Family Home
$609,000
12/23/25
5
4
3,420
2960 Hanging Valley Way, Wake Forest, NC
0.55
Single-Family Home
$649,500
11/24/25
5
4
3,420

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
5300 Mill Dam Rd, Wake Forest, NC 27587
0.09
$1,325,000
4
3.5
4,348
For Sale
5905 Tranquil Cv, Youngsville, NC 27596
0.15
$875,000
4
3.5
3,365
For Sale
5900 Tranquil Cv, Youngsville, NC 27596
0.16
$692,700
4
3
2,475
Off Market
5904 Tranquil Cv, Youngsville, NC 27596
0.16
$789,000
3
3.5
2,672
For Sale
5316 Mill Dam Rd, Wake Forest, NC 27587
0.16
$1,325,000
4
4
4,614
Recently Sold
8109 Zebulon Rd, Youngsville, NC 27596
0.18
-
-
-
-
Off Market
8108 Zebulon Road, Youngsville, NC 27596
0.21
$344,200
3
2
1,560
Off Market
106 Cooley Rd, Youngsville, NC 27596
0.23
$369,100
3
2
2,034
Off Market
5241 Mill Dam Rd, Wake Forest, NC 27587
0.23
$741,700
4
3.5
3,024
Off Market
5340 Mill Dam Rd, Wake Forest, NC 27587
0.26
$1,150,000
4
3.5
3,721
For Sale
5344 Mill Dam Rd, Wake Forest, NC 27587
0.27
$935,200
4
4.5
4,144
Off Market

Local Information

  • Map ViewExplore the area around 5301 Mill Dam Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1997
Lot Size
2.36 acres
Living Area
3,868 sqft
Price/Sqft
$241
Parking
2 Car Garage
HOA
$33/Monthly

About this House

Discover the beauty and tranquility of the highly sought-after Millrace community in Wake Forest with this custom home, nestled on a private, sprawling 2.36-acre lot. This exquisite residence features a first-floor owner's suite with a luxurious bath and walk-in closet. The beautifully remodeled kitchen boasts double wall ovens, a peninsula bar, and a custom island. The family room, perfect for relaxation and social gatherings, includes a stone fireplace, built-in cabinets, and a wet bar. Upstairs, you'll find three spacious bedrooms, two bathrooms, an office, and a bonus room. The seamless floorplan extends to an outdoor sanctuary complete with a covered porch, brick patio, and built-in grill, ideal for entertaining. Additional highlights include a two-car garage with an epoxy floor. Recent renovations include a new roof in 2018, new HVAC systems in 2019 and 2021, and updates to the staircase, bathrooms, and carpet in 2021. In 2023, the hardwood floors, kitchen, crawlspace encapsulation, and windows were all upgraded. This home is set in a picturesque landscape that harmoniously blends with the four spring-fed lakes and cascading waterfall of Millrace. Come and experience this stunning property for yourself.
5301 Mill Dam Rd, Wake Forest, NC 27587 is a 4 bedroom, 4 bathroom, 3,868 sqft single-family home built in 1997. It last sold for $880,000 on Aug 27, 2024 (2% below the $895,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $933,000, with a rent estimate of $3,014/month.
Last check for updates: about 13 hours ago
Listed by Melanie Elenio, (913) 558-1006
DASH Carolina
Bought with: Maria Greer, (919) 800-7039, DASH Carolina
Source: Doorify MLS, MLS#10038509

Home Details for 5301 Mill Dam Rd

Interior Features

Interior Details
Number of Rooms: 12Wet Bar
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3868 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, MicrowaveDishwasherDisposalMicrowave
Heating & Cooling
Heating: Forced Air, Gas Pack, Heat PumpHas CoolingAir Conditioning: Central Air, Gas, Heat PumpHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Family Room, Gas Log, Masonry, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: TwoFloors: Carpet, Hardwood, Tile
View
Has a View

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Brick/MortarNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached,Concrete,Driveway,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 3868 Square Feet

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Transitional
Building
Construction Materials: Fiber CementNot a New Construction
Property Information
Parcel Number: 1861.03229451.000

Price & Status

Price
List Price: $895,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wake ForestCommunity: Millrace
School Information
Elementary School: Wake - Richland CreekJr High / Middle School: Wake - Wake ForestHigh School: Wake - Wake Forest

Building

Building Area
Building Area: 3868 Square Feet

HOA

HOA Fee Includes: Maintenance GroundsHas an HOAHOA Fee: $397/Annually

Lot Information

Lot Area: 2.36 Acres

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 10038509Above Grade Unfinished Area: 3868

Price and Tax history

DateEventPrice
Aug 27, 2024
Source: Doorify MLS #10038509
Sold
$880,000
Jul 30, 2024
Source: Doorify MLS #10038509
Pending
$895,000
Jun 28, 2024
Source: Doorify MLS #10038509
Listed For Sale
$895,000
Jun 14, 2024
Source: Doorify MLS #10029819
ListingRemoved
Jun 1, 2024
Source: Doorify MLS #10029819
PriceChange
$910,000
Price decreased by 2%

Market trends in Wake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$548K
$3.58KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$217
$4MoM
Available listings
510
13MoM

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 5301 Mill Dam Rd

  • What is 5301 Mill Dam Rd estimated to be worth?
    Trulia's estimated value for 5301 Mill Dam Rd in Wake Forest, NC is $933,000.
  • What is the price history for 5301 Mill Dam Rd?
    5301 Mill Dam Rd in Wake Forest, NC last sold for $880,000 in August 2024.
  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $548K. That is up $3.58K from the prior month.
  • Does 5301 Mill Dam Rd have air conditioning?
    Yes, 5301 Mill Dam Rd in Wake Forest, NC has air conditioning.
  • How big is the lot at 5301 Mill Dam Rd?
    The lot at 5301 Mill Dam Rd in Wake Forest, NC is about 2.4 acres.

Explore by feature - Pet Friendly

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