PENDING

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$1,325,000

Listing Price

--beds

3.5baths

4,348sqft

123,710sqft lot

5300 Mill Dam Rd, Wake Forest, NC 27587

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Pending

Off Market

Single Family

Home type

304.74

Price / sqft

1997

Year built

Home Details

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 reac

Interior Details

Square Feet
  • 4348

Bedrooms
  • N/A

Bathrooms
  • 3.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 123710

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,087

$120,000

$468,682

--%

$588,682

2020

$4,087

$120,000

$468,682

--%

$588,682

2019

$4,326

$90,000

$437,342

--%

$527,342

2018

$3,977

$90,000

$437,342

--%

$527,342

2017

$3,769

$90,000

$437,342

--%

$527,342

2015

$3,888

$115,000

$442,073

--%

$557,073

2014

$3,685

$115,000

$442,073

--%

$557,073

2013

$3,440

$115,000

$442,073

--%

$557,073

2012

$3,440

$115,000

$442,073

--%

$557,073

percent-home-icon

Average Home Price in 27587

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,150,000

-- Beds

3.5 Baths

3,753 Sqft

131,116 Lot (sqft)

Sold 06/22/2026

$1,350,000

4 Beds

4 Baths

3,754 Sqft

192,971 Lot (sqft)

Sold 10/05/2026

$946,824

-- Beds

3.5 Baths

4,136 Sqft

174,240 Lot (sqft)

Sold 09/29/2026

$1,350,000

4 Beds

5 Baths

4,562 Sqft

189,486 Lot (sqft)

Sold 09/29/2026

$1,325,000

-- Beds

3.5 Baths

4,348 Sqft

123,710 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,325,000
$
Down payment
265,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,950
$
HOA (Monthly)
0
$
PMI
0
$
$8,577
Your Payment
Total Monthly Payment:$8,577
Percent of Income:147%
Affordable:No

Details for 5300 MILL DAM RD

Property Debt

Foreclosure Contact Details