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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
6
On market date
August 20, 2026
Stories
N/A
Garage spaces
2
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 3 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.