See Home Value
Wake 27587 Millrace
5373 Mill Dam Road
$800,000
● House - Off Market

5373 Mill Dam Road

Wake Forest, NC 27587
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,247 Ft²
$4,511
Est. Monthly
$35
HOA / Fees
2.80%
Cap Rate

About This Property

This is the one you've been waiting for!  Custom home on over 2 acres of privacy with tons of outside living space & 3 car garage!  This home is filled with thoughtful upgrades like top of the line plantation shutters and inviting spaces inside and out.  A sealed crawlspace and attic, whole-house dehumidifier & a tankless gas water heater (2024) bring peace of mind, while fresh exterior paint (2021) adds lasting curb appeal!

Enjoy the country chic covered front porch which is a great place to entertain your guests.  Step through French doors with a transom into a welcoming entry with tile floors, crown molding & a coat closet. The living room's tray ceiling and double-sided fireplace create a warm focal point, flowing into the den with French doors, transom, built-in bookcase & closet, perfect as a flexible guest room or study! Charming hallway built-ins with beadboard detail, a pocket-door full bath & a mudroom/drop zone with storage keep life organized.

The kitchen is the heart of the home, with a built-in banquette and wood ceiling, crown molding, stainless appliances, huge walk-in pantry, trash compactor, gas range with hood, tile backsplash, recessed lighting & abundant windows that bring in natural light! A mobile island adds versatility. The dining room, with tray ceiling, chair rail & crown molding, sets the stage for memorable meals, while the office offers a quiet retreat behind French doors.

Upstairs, the primary suite feels like a getaway with its tray ceiling, private covered porch, walk-in closet & spa-like bath featuring a whirlpool tub, separate walk-in shower with inlaid tile artwork & dual vanity! Two secondary bedrooms share a Jack & Jill bath with walk-in shower & a fourth bedroom/bonus offers a generous walk-in closet.

Enjoy every season outdoors on the vaulted screened porch, deck with wooded views, or gathered around the firepit. A storage shed adds extra convenience, while the natural gas line for your grill makes entertaining a breeze!

Enjoy the community ponds year round!  Nearby amenities include Falls Lake, Joyner Park, Downtown Wake Forest shops & dining, White Street Brewing, The Factory, & local museums/arts!

In addition, our preferred lender is offering up to 1% in lender credit, which can be applied toward closing costs or to help reduce the interest rate.
Unit Size
3,247 Ft²
Days on Market
-
Land Size
2.28 acres
Price per sqft
$251
Property Type
House
Property Taxes
$474
HOA Dues
$35
Year Built
2006

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Last updated: 9 months ago (TMLS #10120187)

Price History

Date / Event Date Event Price
Jan 27, 2026 Sold
Sold
Dec 9, 2025 In contract -
In contract
Nov 8, 2025 Price Decreased $814,990
↓ $10K (1.2%)
Price Decreased
Oct 2, 2025 Price Decreased $824,990
↓ $25K (2.9%)
Price Decreased
Sep 5, 2025 Listed by Smart Choice Realty Company $850,000
Listed by Smart Choice Realty Company

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 99,317
  • Total Building Area: 3,364
  • Building Area: 3,364
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLRACE SUB
  • Land Acres: 0000002280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO30A MILLRACE SUB PH3 BM2004-01663

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054211

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0332938
  • District: 19
  • Subdivision Phase Number: 3
  • Parcel: 1861.03-10-5264 0332938
  • Lot: 30A
  • Municipality: WAKE FOREST
  • Latitude: 35.9751
  • Longitude: -78.454

    Address

  • Full Address: 5373 Mill Dam Rd
  • Address - House Number: 5373
  • Address - Street Name: Mill Dam
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R008
  • 4-Digit Zip Code: 7664
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $372,767

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 812,031
  • High Value: 890,710
  • Low Value: 733,353

    Market Valuation

  • Market Total Value: $513,385
  • Market Land Value: $120,000
  • Market Improvement Value: $393,385

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $513,385
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $393,385
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Millrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1976 Austin Ridge Parkway, Wake Forest, NC, 27587

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,116 ft²
1976 Austin Ridge Parkway, Wake Forest, NC, 27587 Listing by Greg Peterson
Unit for rent at 336 Plott Hound Lane, Wake Forest, NC, 27587

$2,450 /mo

  • 4 Beds
  • 2 Baths
  • 2,479 ft²
336 Plott Hound Lane, Wake Forest, NC, 27587 Listing by Dameion Tarique Moore


Frequently Asked Questions

When was property at 5373 Mill Dam Road built and last sold?
The property at 5373 Mill Dam Road was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5373 Mill Dam Road is $0.
What are some comparable homes to 5373 Mill Dam Road?
There are currently no comparable homes to 5373 Mill Dam Road.