About This Home

This 4-bedroom, 4-bathroom single family at 5300 Mill Dam Road in Wake Forest, NC is listed for $1,349,900 ($310 per sqft). Built in 1997, the home offers 4,348 sqft of living space on a 2.84 acres lot.

Key Features

  • Built in 1997
  • 2.84 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
3 full, 1 half
1997

Amenities

FireplaceWaterfrontHardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$7,656/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394
HOA$436

Estimates only. Actual payments may vary.

Location

5300 Mill Dam Road

Wake Forest, NC 27587

Millrace

Features & Amenities

Interior Features

BarBathtub/Shower CombinationBuilt-in FeaturesCathedral Ceiling(s)Ceiling Fan(s)ChandelierCrown MoldingDining LDouble VanityEat-in KitchenEntrance FoyerHigh Speed InternetKitchen IslandOpen FloorplanPantryPrimary DownstairsRadon MitigationRecessed LightingSeparate ShowerSmooth CeilingsStorageVaulted Ceiling(s)Walk-In Closet(s)Walk-In ShowerWater ClosetWet Bar

Exterior Features

Fenced YardPrivate YardRain Gutters

Property Details

Flooring

HardwoodTile

Construction

Fiber Cement Stone

Pool Features

PorchPatio

Parking

OpenDrivewayGarage

Heating

CentralHeat Pump (Heating)Forced AirElectric (Heating)

Cooling

Ceiling Fan(s)ElectricCentral AirHeat Pump

Appliances

Bar FridgeDishwasherElectric OvenElectric Water HeaterMicrowavePropane CooktopRange HoodRefrigeratorWall OvenWater Purifier Owned

Questions & Answers

This 4-bedroom, 4-bathroom single family at 5300 Mill Dam Road is listed at $1,349,900 ($310/sqft). The estimated monthly payment is $7,656 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $436/month.

Key features include: Built in 1997, 2.84 acre lot, Fireplace, Waterfront. Interior Features: Bar, Bathtub/Shower Combination, Built-in Features. Exterior Features: Fenced Yard, Private Yard, Rain Gutters.

This property is listed by Michael Ulrich and can be reached at 9198027282.

MU

Michael Ulrich

Agent at AMG Realty LLC

(919) 802-7282

Listed by AMG Realty LLC · View on Broker Site

MLS# 10179572· Source: listhub· 2 days on market

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5300 Mill Dam Road, Wake Forest, NC 27587

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