5316 Mill Dam Road, Wake Forest, NC 27587

Virtual Tour

5316 Mill Dam Road Wake Forest, NC 27587 Open 10/18 11AM-3PM

UPDATED: 10/03/2025 10:14 AM ON MARKET: 1 days on market

Listed by AMG Realty LLC

$1,350,000

4 Beds5 Baths4,614 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,614 sqft

Price per Sqft $292

Subdivision Millrace

MLS Listing ID 10125433

Style House,Site Built

Bedrooms 4

Full Baths 3

Half Baths 2

HOA Y/N Yes

Abv Grd Liv Area 4,614

Year Built 1997

Annual Tax Amount $7,599

Lot Size 4.350 Acres

Acres 4.35

Property Sub-Type Single Family Residence

Source Triangle MLS

Location

State NC

County Wake

Community Lake,Street Lights

Direction From Averette Road turn into Millrace subdivision, onto Mill Dam Road. Follow road until you find the address 5316 Mill Dam Road on your right.

Rooms

Other Rooms • Primary Bedroom: 17.5 x 15 (Main)
• Bedroom 2: 15.4 x 13.1 (Second)
• Bedroom 3: 13 x 12.2 (Second)
• Dining Room: 15.3 x 12.7 (Main)
• Family Room: 18 x 14.8 (Main)
• Kitchen: 13.2 x 11.4 (Main)
• Laundry: 8.8 x 7.8 (Main)
• Other: 23.4 x 21.9 (Main)
• Other: 23.6 x 23.2 (Main)
• Other: 19.5 x 18 (Second)

Basement Crawl Space

Primary Bedroom Level Main

Interior

Interior 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,Master Downstairs,Quartz Counters,Separate Shower,Shower Only,Smart Home,Smart Thermostat,Smooth Ceilings,Soaking Tub,Storage,Walk-In Closet(s),Walk-In Shower,Water Closet

Heating Electric,Forced Air

Cooling Central Air,Electric,Zoned

Flooring Carpet,Hardwood,Tile

Fireplaces Number 1

Fireplaces Type Electric,Family Room

Fireplace Yes

Appliance Dishwasher,Disposal,Electric Cooktop,ENERGY STAR Qualified Appliances,Gas Water Heater,Microwave,Plumbed For Ice Maker,Tankless Water Heater,Oven

Laundry Common Area,Inside,Laundry Room,Main Level,Sink

Exterior

Exterior Feature Fenced Yard,Fire Pit,Lighting,Private Yard,Rain Gutters,Smart Camera(s)/Recording,Smart Lock(s),Storage

Garage Spaces 4.0

Fence Back Yard,Fenced

Community Features Lake,Street Lights

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Water Connected

Waterfront Description Lake,Waterfront

View Y/N Yes

View Lake,Trees/Woods,Water

Roof Type Shingle

Porch Covered,Deck,Front Porch,Rear Porch,Wrap Around

Garage Yes

Private Pool No

Building

Lot Description Back Yard,Front Yard,Hardwood Trees,Interior Lot,Lake on Lot,Landscaped,Pond on Lot,Private,Secluded,Views,Waterfront

Faces From Averette Road turn into Millrace subdivision, onto Mill Dam Road. Follow road until you find the address 5316 Mill Dam Road on your right.

Story 2

Sewer Public Sewer

Water Public

Architectural Style Transitional

Level or Stories 2

Structure Type Fiber Cement,Masonite

New Construction No

Schools

Elementary Schools Wake - Richland Creek

Middle Schools Wake - Wake Forest

High Schools Wake - Wake Forest

Others

HOA Fee Include Maintenance Grounds

Senior Community No

Tax ID 1861218543

Special Listing Condition Standard

Virtual Tour https://unbranded.youriguide.com/5316_mill_dam_rd_wake_forest_nc

Property Description

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! 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, two bedrooms with en suite baths and a separate bedroom, 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.

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christina@cvrealtygroup.com

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Last updated: 10/3/2025

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