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$750,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,024 Sq. Ft.
  • 1.44 Acres
  • 2 Car Garage
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Stunning Retreat in Sought-After Millrace Subdivision Welcome to your dream home in Millrace, one of Wake Forest's most coveted luxury communities. Known for its peaceful atmosphere and private pond views, this neighborhood blends serenity and convenience just minutes from local amenities. This beautiful 4-bedroom home offers a spacious and thoughtful layout with the primary suite on the main floor. The owner's retreat features light-toned luxury vinyl plank flooring and room for a king-sized bed. The en-suite bath includes a jetted tub, large ceramic-tiled shower, dual vanities, white cabinetry, and an oversized mirror. The heart of the home is a soaring living room with vaulted ceilings, a dramatic stone hearth wood-burning fireplace, and glass doors that open to an expansive, multi-level deck. Whether you're hosting a gathering or enjoying a quiet evening, the flow of this home is perfect for entertaining. The gourmet kitchen includes high-end granite countertops, hardwood floors, an electric cooktop, a large refrigerator, and generous cabinet space. Enjoy your morning coffee in the breakfast nook while taking in serene views of the pond from the front porch. Need a quiet escape? The cozy sunroom is surrounded by windows and includes a mini-split system for year-round comfort-ideal for unwinding with a book or soaking up natural light. Upstairs, you'll find two spacious bedrooms, ample storage, and a versatile bonus room-perfect for a playroom, home office, or guest space. Outside, a long gravel driveway leads to a detached two-car garage with a fully finished apartment above. This bonus space includes a full bath with a walk-in shower, making it a great option for guests, a teen suite, or even a private game room. Don't miss your chance to own a slice of paradise in Wake Forest. With scenic surroundings, custom features, and flexible living space, this home truly has it all.

Full Property Details for 5241 Mill Dam Rd

General

  • Sold For: $750,000
  • HOA FEE: $33/month
  • HOA FEE FREQ.: Annually
  • Taxes: $5,100
  • Status: Closed
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10094667
  • Added to Site: 289 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Room Over Garage, Separate Shower, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
  • Fireplace: Yes
  • Fireplace(s): Living Room, Wood Burning
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
  • Flooring: Carpet, Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room, Main Level

Additional Information

  • Shared Amenities: Landscaping

Exterior

  • Exterior Features: Private Entrance, Private Yard, Rain Gutters, Smart Lock(s)
  • Porch/Patio/Deck: Deck, Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Deck, Garage, Garage Door Opener, Garage Faces Side

Location

  • County: Wake
  • Subdivision: Millrace
  • Driving Directions: North on Capital Boulevard, right on Hwy 98 (Dr Calvin Jones Highway). Left onto Averette Road. Right onto Mill Dam Road. Home on left.
  • Direction Faces: South

School Information

  • Elementary School: Wake - Richland Creek
  • Middle School: Wake - Wake Forest
  • High School: Wake - Wake Forest

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Dual, Electric, Heat Pump
  • Heating Type: Central, Electric, Forced Air, Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Septic Connected, Water Connected

Structural Information

  • Architectural Style: Traditional, Transitional, Williamsburg
  • Structure Type: House
  • Exterior Const.: Cedar
  • Roof: Asphalt, Shingle
  • Windows: Insulated Windows
  • Stories/Levels: 2
  • Building Size: 3024
  • Square Feet: 3,024
  • Sq. Ft. Source: Estimated
  • Finished Above Grnd: 3,024 Sq. Ft.
  • Year Built: 1996

Lot Features

  • Lot Size (Acres): 1.44
  • Lot Size (Sq. Ft.): 62,726.4
  • Frontage: State Road
  • Street/Road Desc.: Asphalt
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Hardwood Trees, Landscaped, Private
  • Zoning: Res

Financial Considerations

  • Association Fee: $400
  • Assoc Fee Freq.: Annually
  • Tax Amount: $5,100

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1861127346
  • Lot Number: 9

Listed by Pate Realty Group, Brian Pate (919) 669-4575
Sold by Coldwell Banker - HPW, Shahla Rezvani

Listing agent

— 5241 Mill Dam Rd —

  • Brian Pate

    Pate Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5241 Mill Dam Rd

School District:Wake County Schools
NameGradesDistance
Richland Creek Elementary School
840 Wallridge Drive, Wake Forest, NC 27587
PK-54 mi
Wake Forest Middle School
1800 South Main Street, Wake Forest, NC 27587
6-84.7 mi
Wake Forest High School
420 West Stadium Avenue, Wake Forest, NC 27587
9-123.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5241 Mill Dam Rd

Date
Details
Price
Change
Source
9/15/2025
Sold
$750,000
—
MLS
7/28/2025
Price Reduced
$750,000
-4.46%
MLS
6/20/2025
Price Reduced
$785,000
-4.85%
MLS
5/07/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Pate Realty Group, Brian Pate (919) 669-4575
Sold by Coldwell Banker - HPW, Shahla Rezvani

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5241 Mill Dam Road, Wake Forest, NC 27587 (MLS# 10094667) is a Single Family property that was sold at $750,000 on September 15, 2025. Want to learn more about 5241 Mill Dam Road? Do you have questions about finding other Single Family real estate for sale in Wake Forest? You can browse all Wake Forest real estate or contact a Coldwell Banker agent to request more information.