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54 photos

$1,150,000

5340 Mill Dam Road, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Janna Whitehorne · Mark Spain Real Estate
Bedrooms
4
Bathrooms
3.1
Living area
N/A
Year built
2007

About this home

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.

Highlights

Fireplace

Property details

MLS #
10187579
Property type
Single Family Residence
Subdivision
Millrace
Status
Active
Days on market
7
On market date
August 20, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
6
Lot size
3.01 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Richland Creek Elementary
4.21 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
476
Student:teacher ratio
12.2:1
District
Wake County Schools
Middle
Wake Forest Middle School
4.65 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,122
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
18.87 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Mortgage calculator

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Est. monthly payment
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.