# 5340 Mill Dam Road, Wake Forest, NC 27587

> **TL;DR:** 4bd/4ba single family, $1,150,000 ($309/sqft), built 2007, 3,721 sqft.
> Fireplace, Waterfront, View, Hardwood. Est. $6,200/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,150,000 |
| Price/sqft | $309 |
| Bedrooms | 4 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 3,721 |
| Year Built | 2007 |
| Lot Size | 131,116 sqft (3.01 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 25 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed
- **Views** - Lake
- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,815 |
| Estimated Insurance | $335 |
| HOA | $50 |
| **Total** | **$6,200** |

## Nearby Schools

- **Elementary:** Wake - Richland Creek Elementary School
- **Middle:** Wake - Wake Forest Middle School
- **High:** Wake - Wake Forest High School

## Key Amenities

- Fireplace
- Waterfront
- View
- Hardwood
- A/C

## Property Highlights

- Built in 2007
- 3.01 acre lot
- 2 stories
- 6 parking spaces
- Fireplace
- Waterfront

## Description

### Agent Description
Surround yourself with nature, wide-open spaces, and peaceful water views in this exceptional Mill Race home! The main level features a spacious primary suite and dedicated home office, along with an inviting open-concept living area designed for both everyday living and entertaining. Upstairs offers three additional bedrooms and a versatile bonus room. The chef's kitchen is a true centerpiece, showcasing a large island, built-in refrigerator, and custom finishes throughout. Quality craftsmanship is evident in every detail of this beautifully designed home. Unwind on the back deck overlooking the water or launch a kayak for a relaxing adventure across the lake. The detached two-car garage has been thoughtfully converted into a studio guest house but could easily be transformed back into garage space to suit your needs. Welcome home to Mill Race-where nature, comfort, and timeless craftsmanship come together! (Main dwelling - 3721.32 sq ft./Guest house- 983.96) Both w/water view! 4705.28 total heated/cooled sq ft.

## Location

- **Address:** 5340 Mill Dam Road, Wake Forest, NC 27587
- **County:** Wake
- **Neighborhood:** Millrace
- **Coordinates:** 35.977174, -78.450614
- **Google Maps:** https://www.google.com/maps?q=35.977174,-78.450614

## Listing Agent

- **Name:** Janna Whitehorne
- **Brokerage:** Mark Spain Real Estate
- **Phone:** 9193699097
- **Broker Phone:** (770) 886-9000
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5340-Mill-Dam-Rd_Wake-Forest_NC_27587_M52025-59204?f=listhub&s=TRIANGLE&m=10187579&c=propsimple)

## Photos

![5340 Mill Dam Road - Photo 1](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f3907454207r.jpg)

![5340 Mill Dam Road - Photo 2](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f3508450860r.jpg)

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![5340 Mill Dam Road - Photo 35](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f709681998r.jpg)

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![5340 Mill Dam Road - Photo 37](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f3707739934r.jpg)

![5340 Mill Dam Road - Photo 38](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f526795544r.jpg)

![5340 Mill Dam Road - Photo 39](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f2650737729r.jpg)

![5340 Mill Dam Road - Photo 40](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f3364182458r.jpg)

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![5340 Mill Dam Road - Photo 49](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f504346674r.jpg)

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![5340 Mill Dam Road - Photo 54](http://lh.rdcpix.com/e4de7ba227d57771104a06f1ff927b24l-f2559678783r.jpg)

---

**MLS#:** 10187579 | **Updated:** 2026-09-13
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5340-mill-dam-road-wake-forest-nc-27587-10187579)

---

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