5529 Mill Dam Rd, Wake Forest, NC 27587
Property image
Property image
OFF MARKET

$422,000

Trulia Estimate
as of Sep 12, 2026
  • 3 Beds
  • 2.5 Baths
  • 1,958 sqft

5529 Mill Dam Rd, Wake Forest, NC 27587

Home Highlights

Single-Family Home
1,958 sqft
$216/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 5529 Mill Dam Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This perfectly located, brand NEW beautiful two-story home features 3 spacious bedrooms and 2.5 bathrooms, perfect for anyone seeking comfort and convenience.

Step inside to find a modern, open-concept kitchen equipped with ample storage and contemporary appliances, ideal for cooking and entertaining. The inviting living area flows seamlessly into a large patio, perfect for outdoor relaxation or gatherings.

Upstairs, enjoy a versatile loft area that can be transformed into a home office, playroom, or additional lounge space. The property also includes a convenient laundry room and a two-car garage for added convenience. Access to community pool and pickle ball courts.

Located just minutes from a vibrant shopping center with a variety of dining, shopping, restaurants, parks and other retail options. Enjoy all Wake Forest has to over, you'll have everything you need right at your fingertips. Don't miss out on this exceptional rental opportunity! $65/per person non-refundable application fee. Email for more details.

BEWARE OF SCAMS: We will never ask you to mail or wire money for any reason. All transactions are in office and in person. We do not offer self tours and advise you to call our office to discuss showings and the rental process. BEWARE OF SCAMS

Reeves Realty, Inc. will never accept an application fee until you have physically seen the property. We will never tell you that you are approved without a full review and screening of your application, which can take up to 48 hrs week.

Reeves Realty, Inc. shows properties by appointment only and we never offer "self tours".

No smoking allowed in or near home. Renter is responsible for all utilities. One year lease minimum requirements. Utilities must be scheduled to be active at start of lease. Renters insurance is required.
5529 Mill Dam Rd, Wake Forest, NC 27587 is a 3 bedroom, 3 bathroom, 1,958 sqft single-family home. It last sold for $466,000 on Sep 19, 2024 (21,325% above the $2,175 asking price). More recently, it was listed as a rental in September 2024 with an asking price of $2,400 per month. That rental listing was removed on January 6, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $422,000, with a rent estimate of $2,351/month.

Home Details for 5529 Mill Dam Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Parking & Garage
Parking: Attached, On Site

Comparable Sales for 5529 Mill Dam Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2932 Ocean Sunrise Dr, Wake Forest, NC
0.21
Single-Family Home
$389,990
11/24/25
3
2.5
2,025 sqft
1725 Winter Jasmine Ln, Wake Forest, NC
0.13
Single-Family Home
$412,500
10/20/25
4
3
2,234 sqft
1985 Rosedale Ridge Ave, Wake Forest, NC
0.14
Single-Family Home
$410,000
03/30/26
4
3
2,231 sqft
2936 Ocean Sunrise Dr, Wake Forest, NC
0.22
Single-Family Home
$412,000
10/27/25
4
3
2,146 sqft
304 Canyon Spring Trl, Wake Forest, NC
0.23
Single-Family Home
$419,000
10/10/25
4
3
2,146 sqft
1740 Golden Honey Dr, Wake Forest, NC
0.18
Single-Family Home
$455,000
09/23/25
4
3
2,789 sqft
2944 Ocean Sunrise Dr, Wake Forest, NC
0.24
Single-Family Home
$469,000
01/28/26
4
2.5
2,545 sqft
300 Canyon Spring Trl, Wake Forest, NC
0.24
Single-Family Home
$469,990
10/10/25
4
2.5
2,545 sqft
408 Daffodil Petal Ln, Wake Forest, NC
0.20
Single-Family Home
$490,000
07/27/26
4
3
2,799 sqft
2956 Ocean Sunrise Dr, Wake Forest, NC
0.26
Single-Family Home
$418,880
03/02/26
4
3
2,146 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Wake Forest

Last updated Sep 2026
Trulia Rent Estimate$2,351/mo
Average rent
$2.16K
$60MoM
Available listings
243
View rental market trends in Wake Forest, NC

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

Price and Tax history

DateEventPrice
Jan 6, 2025
Source: Zillow Rentals
ListingRemoved
$2,175
Dec 6, 2024
Source: Zillow Rentals
PriceChange
$2,175
Price decreased by 3%
Oct 18, 2024
Source: Zillow Rentals
PriceChange
$2,250
Price decreased by 6%
Sep 21, 2024
Source: Zillow Rentals
Listed For Rent
$2,400
Sep 19, 2024
Source: N/A
Sold
$466,000

Frequently asked questions about 5529 Mill Dam Rd

  • What is 5529 Mill Dam Rd estimated to be worth?
    Trulia's estimated value for 5529 Mill Dam Rd in Wake Forest, NC is $422,000.
  • What is the price history for 5529 Mill Dam Rd?
    5529 Mill Dam Rd in Wake Forest, NC last sold for $466,000 in September 2024.
  • 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 5529 Mill Dam Rd have air conditioning?
    Yes, 5529 Mill Dam Rd in Wake Forest, NC has air conditioning.
  • Does 5529 Mill Dam Rd have laundry facilities?
    Yes, 5529 Mill Dam Rd in Wake Forest, NC has in-unit laundry.

Homes for rent near 5529 Mill Dam Rd

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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