5301 Mill Dam Rd
Wake Forest, NC 27587
4 Beds
3.5 Baths
3,868 sqft (on 2.36 acres)
4 Beds
3.5 Baths
3,868 sqft
(on 2.36 acres)
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 28, 2025
Home Highlights
Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$33/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5301 Mill Dam Rd
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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 |
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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 |
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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 |
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Price List Price: $895,000 |
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MLS Status: Closed |
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Direction & Address City: Wake ForestCommunity: Millrace |
School Information Elementary School: Wake - Richland CreekJr High / Middle School: Wake - Wake ForestHigh School: Wake - Wake Forest |
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Building Area Building Area: 3868 Square Feet |
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HOA Fee Includes: Maintenance GroundsHas an HOAHOA Fee: $397/Annually |
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Lot Area: 2.36 Acres |
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Special Conditions: Standard |
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Mls Number: 10038509Above Grade Unfinished Area: 3868 |
Last check for updates: about 3 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
Price History for 5301 Mill Dam Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/27/2024 | $880,000 | Sold | Doorify MLS #10038509 |
| 07/30/2024 | $895,000 | Pending | Doorify MLS #10038509 |
| 06/28/2024 | $895,000 | Listed For Sale | Doorify MLS #10038509 |
| 06/14/2024 | ListingRemoved | Doorify MLS #10029819 | |
| 06/01/2024 | $910,000 | PriceChange | Doorify MLS #10029819 |
| 05/16/2024 | $925,000 | Listed For Sale | Doorify MLS #10029819 |
| 04/18/2018 | $485,000 | Sold | Doorify MLS #2149043 |
| 03/05/2018 | $485,000 | Pending | Agent Provided |
| 02/17/2018 | $485,000 | Listed For Sale | Agent Provided |
| 12/14/2017 | $485,000 | ListingRemoved | Agent Provided |
| 10/14/2017 | $485,000 | PriceChange | Agent Provided |
| 09/01/2017 | $500,000 | Listed For Sale | Agent Provided |
| 10/27/1997 | $315,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,458 |
| Assessment | $850,148 |
Home facts updated by county records
Comparable Sales for 5301 Mill Dam Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $750,000 | 09/15/25 | 4 | 3.5 | 3,024 | |
0.27 | Single-Family Home | $950,000 | 07/28/25 | 4 | 4.5 | 4,144 | |
0.47 | Single-Family Home | $800,000 | 01/27/26 | 4 | 3 | 3,247 | |
0.16 | Single-Family Home | $1,325,000 | 02/26/26 | 4 | 4 | 4,614 | |
0.35 | Single-Family Home | $1,000,000 | 05/29/26 | 3 | 3.5 | 3,045 | |
0.16 | Single-Family Home | $700,000 | 09/23/25 | 4 | 3 | 2,475 | |
0.78 | Single-Family Home | $892,000 | 01/12/26 | 5 | 4.5 | 3,830 | |
0.60 | Single-Family Home | $1,200,000 | 04/28/26 | 4 | 5 | 7,789 | |
0.81 | Single-Family Home | $900,000 | 11/10/25 | 3 | 4.5 | 2,730 | |
0.49 | Single-Family Home | $609,000 | 12/23/25 | 5 | 4 | 3,420 |
Nearby homes
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Assigned Schools
These are the assigned schools for 5301 Mill Dam Rd.
- Wake Forest High School
- 9-12
- Public
- 2101 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
- 968 Students
4/10GreatSchools RatingParent Rating AverageI love this school :) Everything is so wonderful here!Parent Review1mo ago - Richland Creek Elementary School
- PK-5
- Public
- 489 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 Review6mo ago 
Check out schools near 5301 Mill Dam Rd.
What Locals Say about Wake Forest
At least 406 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.
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PET FRIENDLYINCOME RESTRICTED
Homes for sale near 5301 Mill Dam Rd
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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.
Homes for rent near 5301 Mill Dam Rd
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5301 Mill Dam Rd, Wake Forest, NC 27587 is a 4 bedroom, 4 bathroom, 3,868 sqft single-family home built in 1997. This property is not currently available for sale. 5301 Mill Dam Rd was last sold on Aug 27, 2024 for $880,000 (2% lower than the asking price of $895,000). The current Trulia Estimate for 5301 Mill Dam Rd is $927,600.