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Land with Home for Sale in Wake Forest, North Carolina

5300 Mill Dam Rd, Wake Forest, NC 27587

$1,349,900
2.84 acres
Active sale
ago
Est $7,450/mo

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.

4,348
Sq feet
4
Beds
3
Full baths
1
1/2 bath
1997
Built

Location

Street address
5300 Mill Dam Rd
Zip code
27587
Community
Millrace
Elevation
383 feet
Coordinates
35.9798, -78.4501

Property details

Acreage
2.84 acres
Zoning
R-30
MLS #
DMLS 10179572
Posted

Property taxes

2025
$6,205

Expenses

Homeowner Association Fee
$436 annually

Parcels

  • 186103227038000 0215729

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Vegetation
Partially Wooded
Waterfront
Pond, Waterfront
Features
Back Yard, Front Yard, Hardwood Trees, Landscaped, Level, Many Trees, Pond On Lot, Views, Wooded

Exterior

Parking
Driveway, Garage, Open
Fencing
Fenced
Pool
Patio, Porch
Structures
Storage
Features
Fenced Yard, Private Yard, Rain Gutters

Structure

Stories
1
Sewer
Septic Tank
Heating
Central, Electric, Forced Air, Heat Pump
Cooling
Ceiling Fan(s), Central Air
Materials
Fiber Cement, Stone
Roof
Shingle
Windows
Plantation Shutters

Interior

Room Count
10
Rooms
Bathroom x 4, Bedroom x 4, Dining Room, Family Room, Game Room, Laundry Room
Flooring
Hardwood, Tile
Fireplaces
Yes
Appliances
Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Wall Oven, Water Purifier Owned
Features
Bar, Bathtub/Shower Combination, Built-In Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-In Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Radon Mitigation, Recessed Lighting, Separate Shower, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar

Property utilities

CategoryTypeStatus
GasNatural GasAvailable

Nearby schools

NameType
Wake - Richland Creek Elementary SchoolElementary
Wake - Wake Forest Middle SchoolMiddle
Wake - Wake Forest High SchoolHigh

Listing history

DateEventPriceChangeSource
July 11, 2026New listing$1,349,900DMLS
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This 2.84-acre property is located at 5300 Mill Dam Rd in Wake Forest, NC 27587. The property is available for sale, priced at $1,349,900. It has a 4,348 square foot 4-bedroom, 3.5-bath house built in 1997.

Listed by AMG Realty, (919) 809-2860

Checked 2 hours agoUpdated Source

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