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Sold on 09/15/2025
  • Exterior
  • Living
  • Kitchen
  • Other
  • Bath
  • Bedroom
  • Entry Way
  • View/Area

5241 Mill Dam Rd, Wake Forest, NC 27587

  • $750,000

    Last sold 09/15/2025 after 131 Days

  • 4

    bed

  • 4

    bath

  • 3,024

    Sqft ($248/Sqft)

House not for sale
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About 5241 Mill Dam Rd

Property type House
Neighborhood
Year built 1996
HOA fee $33/month
Lot size 1.44 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Stunning Retreat in Sought-After Millrace Subdivision Welcome to your dream home in Millrace, one of Wake Forest's most coveted luxury communities. Known for its peaceful atmosphere and private pond views, this neighborhood blends serenity and convenience just minutes from local amenities. This beautiful 4-bedroom home offers a spacious and thoughtful layout with the primary suite on the main floor. The owner's retreat features light-toned luxury vinyl plank flooring and room for a king-sized bed. The en-suite bath includes a jetted tub, large ceramic-tiled shower, dual vanities, white cabinetry, and an oversized mirror. The heart of the home is a soaring living room with vaulted ceilings, a dramatic stone hearth wood-burning fireplace, and glass doors that open to an expansive, multi-level deck. Whether you're hosting a gathering or enjoying a quiet evening, the flow of this home is perfect for entertaining. The gourmet kitchen includes high-end granite countertops, hardwood floors, an electric cooktop, a large refrigerator, and generous cabinet space. Enjoy your morning coffee in the breakfast nook while taking in serene views of the pond from the front porch. Need a quiet escape? The cozy sunroom is surrounded by windows and includes a mini-split system for year-round comfort—ideal for unwinding with a book or soaking up natural light. Upstairs, you'll find two spacious bedrooms, ample storage, and a versatile bonus room—perfect for a playroom, home office, or guest space. Outside, a long gravel driveway leads to a detached two-car garage with a fully finished apartment above. This bonus space includes a full bath with a walk-in shower, making it a great option for guests, a teen suite, or even a private game room. Don't miss your chance to own a slice of paradise in Wake Forest. With scenic surroundings, custom features, and flexible living space, this home truly has it all.
Listed by
Listing Agent - Brian Pate
Listing Office - Pate Realty Group
Source: Triangle MLS mls logo
MLS#10094667 • last updated 7 months ago
Movoto checked Triangle MLS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Central Air, Dual, Electric, Heat Pump
Heating Central, Electric, Forced Air, Heat Pump
Levels/Style Two, 2, House, Traditional, Transitional, Williamsburg
MLS # 10094667
Type Residential
Status Pending
SubType Single Family Residence
Living Area 3024, Square Feet
Lot Size (SqFt) 62726.4
Lot Size (Acres) 1.44
Property Tax 5100
Year Built 1996
HOA Fee Annually, 400
Interior
# Half Baths 1
Total # of Bathrooms 4
# Full Baths 3
# Bedrooms 4
Total # of Rooms 10
Laundry Laundry Room, Main Level
Flooring Carpet, Ceramic Tile, Hardwood
Appliances Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
Interior Features Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Room Over Garage, Separate Shower, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
Fireplace Living Room, Wood Burning
Window Features Insulated Windows
Exterior
Foundation Pillar/Post/Pier
Roof Asphalt, Shingle
Construction Cedar
# Open Parking Spaces 4
Parking Desc Deck, Garage, Garage Door Opener, Garage Faces Side
# Garage Spaces 2
Exterior Features Private Entrance, Private Yard, Rain Gutters, Smart Lock(s)
Patio/ Porch Deck, Front Porch
Lot Desc Back Yard, Front Yard, Gentle Sloping, Hardwood Trees, Landscaped, Private
Amenities / Utilities
Utilities Cable Connected, Electricity Connected, Septic Connected, Water Connected
Sewer/ Septic Septic Tank
Water Source Public
HOA Fee Includes Maintenance Grounds
HOA Amenities Landscaping
Location
County Wake
Community Features Fishing, Lake
Subdivision Millrace
Elementary School Wake - Richland Creek
Middle School Wake - Wake Forest
High School Wake - Wake Forest
Zoning Res
APN 1861127346
Lot/ Land Details
Road Frontage State Road
Road Surface Asphalt
$778K
Range: $700K-$855K
Last 30 days 
Rental est.: $2,350/month
Gross rent multiplier: 26.6
  • Sep 2025
    mls logo MLS # 10094667
  • Sep 15, 2025 Sold
    $750,000
  • Aug 10, 2025 Pending
  • Jul 28, 2025 Price Change
    $750,000 (-4.5%)
  • Jun 20, 2025 Price Change
    $785,000 (-4.8%)
  • May 7, 2025 Listed
    $825,000 (+113.7%)
  • Jan 2015
    mls logo MLS # 1981606
  • Jan 24, 2015 Sold
    $386,000 (-3.5%)
  • Jan 17, 2015 Pending
  • Dec 8, 2014 Listed
    $400,000
  • Dec 8, 2014 Listed
    $400,000 (-3.6%)
  • Jul 2013
    mls logo MLS # 1876928
  • Jul 18, 2013 Price Change
    $415,000 (-2.4%)
  • Jun 1, 2013 Price Change
    $425,000 (-3.4%)
  • Mar 4, 2013 Listed
    $439,900 (+2.3%)
  • Sep 2006
    MLS # 888497
  • Sep 14, 2006 Listed
    $429,900
  • 5241 Mill Dam Rd
    $750K
  • Millrace
  • 27587
    $517K +3% y/y
  • Wake Forest
    $517K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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