Residential Land with Home for Sale in Wake Forest, North Carolina
5316 Mill Dam Rd, Wake Forest, NC 27587
Exclusive Wake Forest Lakefront Estate Discover refined lakefront living with this private 4.35-acre retreat in Wake Forest, offering 4,614 sq. ft. of beautifully designed space, along with a 4 car garage! This is a four bedroom home that lives like a five bedroom home! Blending timeless craftsmanship with thoughtful updates, this custom-built estate delivers both luxury and peace of mind. Major upgrades include a new roof in 2018 and a tankless water heater 2024 ensuring modern comfort and long-term value. Crown molding, custom trim, and fresh paint throughout highlight the home's attention to detail. The heart of the home features an updated kitchen with quartz counters with waterfall island, quartz slab back splash, custom cabinetry, premium fixtures, and an effortless flow for entertaining. The hardwood floors continue to the first-floor primary suite is a true sanctuary, and a fully renovated spa-inspired bathroom with dual shower heads and even a cedar closet space! Adjoining the primary is an elegant private office. A formal dining completes this estate with enough seating for 8 guests comfortably. Soaring ceilings and walls of windows in the two-story great room flood the home with natural light and frame breathtaking views of the lake. Upstairs, 3 bedrooms, of which one has en suite bath, PLUS a spacious loft provide private havens for family or guests! A separate Bonus Wing with its own entry and staircase offers unmatched flexibility-ideal for multigenerational living, a guest retreat, or a home-based business. Here you will find another bedroom and loft area with a dinette kitchen!!! Outdoor living is elevated with a covered porch, hot tub, fire pit, and private dock, all set against the backdrop of serene lakefront scenery. The four-car garage includes one bay that is fully heated and cooled-perfect for a workshop, studio, or climate-sensitive storage. 12x18 shed on permanent foundation. All of this just minutes from Wake Forest's shopping, dining, and parks-an extraordinary estate where luxury and convenience meet.
Location
- Street address
- 5316 Mill Dam Rd
- County
- Wake County
- Community
- Millrace
- Elevation
- 390 feet
Property details
- Acreage
- 4.35 acres
- MLS #
- DMLS 10125433
- Posted
Property taxes
- 2025
- $7,600 - Lo42 Millrace Sub Ph11 Bm1995-00821
Parcels
- 1861218543
Legal description
Lo42 Millrace Sub Ph11 Bm1995-00821
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Vegetation
- Partially Wooded
- View
- Lake, Water
- Waterfront
- Waterfront
- Features
- Back Yard, Front Yard, Hardwood Trees, Interior Lot, Lake On Lot, Landscaped, Pond On Lot, Private, Secluded, Views
Exterior
- Parking
- Driveway, Garage, Open, Oversize
- Fencing
- Fenced
- Pool
- Deck, Porch
- Structures
- Storage
- Features
- Fenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters, Smart Camera(s)/Recording, Smart Lock(s)
Structure
- Stories
- 2
- Basement
- Crawl Space
- Sewer
- Public Sewer
- Heating
- Electric, Forced Air
- Cooling
- Central Air, Zoned
- Materials
- Fiber Cement, Masonite
- Roof
- Shingle
Interior
- Room Count
- 14
- Rooms
- Basement, Bathroom x 5, Bedroom x 4, Bonus Room, Dining Room, Family Room, Laundry Room
- Flooring
- Carpet, Hardwood, Tile
- Appliances
- Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Electric Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
- Security
- Security System
- Features
- Bathtub Only, Bathtub/Shower Combination, Bookcases, Built-In Features, Cedar Closet(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-In Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smart Home, Smart Thermostat, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Wake - Richland Creek | Elementary | — | — |
| Wake - Wake Forest | Middle | — | — |
| Wake - Wake Forest | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 3, 2025 | New listing | $1,350,000 | — | DMLS |