Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,350,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 4,614 Sq. Ft.
  • 4.35 Acres
  • 4 Car Garage
  • Updated 4 days ago
See This Home
Save This Home
See This Home
Save This Home
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! This is 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, 3 bedrooms, of which one has en suite bath, 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.

Full Property Details for 5316 Mill Dam Rd

General

  • Price: $1,350,000
  • HOA FEE: $35/month
  • HOA FEE FREQ.: Annually
  • Taxes: $7,599
  • Status: Pending
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10125433
  • Updated: 1/14/2026
  • Added to Site: 108 day(s) ago

Interior

  • Number of Rooms: 14
  • 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
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric, Family Room
  • Appliances: Dishwasher, Disposal, Electric Cooktop, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Oven
  • Flooring: Carpet, Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

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

Additional Information

  • Shared Amenities: Maintenance Grounds, Pond Year Round, Other

Exterior

  • Exterior Features: Fenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters, Smart Camera(s)/Recording, Smart Lock(s), Storage
  • Porch/Patio/Deck: Covered, Deck, Front Porch, Rear Porch, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Additional Parking, Deck, Driveway, Garage, Garage Door Opener, Garage Faces Side, Heated Garage, Lighted, Oversized, Parking Pad, Paved, Private

Location

  • County: Wake
  • Subdivision: Millrace
  • Driving Directions: 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.

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: Central Air, Electric, Zoned
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

Structural Information

  • Architectural Style: Transitional
  • Structure Type: House, Site Built
  • Exterior Const.: Fiber Cement, Masonite
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 4614
  • Square Feet: 4,614
  • Finished Above Grnd: 4,614 Sq. Ft.
  • Year Built: 1997

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Lake, Trees/Woods, Water
  • Lot Size (Acres): 4.35
  • Lot Size (Sq. Ft.): 189,486
  • Frontage: City Street
  • Fence: Yes
  • Lot Features: Back Yard, Front Yard, Hardwood Trees, Interior Lot, Lake on Lot, Landscaped, Pond on Lot, Private, Secluded, Views, Waterfront
  • Fencing (Description): Back Yard, Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Austin Creek
  • Water Front View: Lake, Waterfront

Financial Considerations

  • Association Fee: $416
  • Assoc Fee Freq.: Annually
  • Tax Amount: $7,599.86

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1861218543
  • Lot Number: 42

Listed by AMG Realty LLC, Michael Ulrich (919) 802-7282

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 5316 Mill Dam Rd —

  • Michael Ulrich

    AMG Realty LLC

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 5316 Mill Dam Rd

School District:Wake County Schools
NameGradesDistance
Richland Creek Elementary School
840 Wallridge Drive, Wake Forest, NC 27587
PK-54.2 mi
Wake Forest Middle School
1800 South Main Street, Wake Forest, NC 27587
6-84.8 mi
Wake Forest High School
420 West Stadium Avenue, Wake Forest, NC 27587
9-123.7 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 5316 Mill Dam Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2025
Listed
$1,350,000
50%
MLS
9/07/2021
Sold
$900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5316 Mill Dam Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,600
3%
$1,185,093
—
2024
$7,379
47%
$1,185,093
85%
2023
$5,014
8%
$640,442
—
2022
$4,645
3%
$640,442
—
2021
$4,520
2%
$640,442
—
2020
$4,445
-7%
$640,442
—
2018
$4,802
6%
$637,301
—
2017
$4,551
2%
$637,301
—
2016
$4,459
-15%
$637,301
—
2019
$5,225
12%
$637,301
-5%
2015
$4,671
6%
$669,662
—
2014
$4,426
7%
$669,662
—
2013
$4,132
—
$669,662
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5316 Mill Dam Rd

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by AMG Realty LLC, Michael Ulrich (919) 802-7282

Similar Properties near 5316 Mill Dam Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7609 Thompson Mill Rd, Wake Forest, NC 27587 - Photo 1
$1,350,000

7609 Thompson Mill Rd  Wake Forest, NC 27587

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
Listed by Coldwell Banker HPW, Jim Allen
2637 Trifle Ln, Wake Forest, NC 27587 - Photo 1
$1,325,000
Open House

2637 Trifle Ln  Wake Forest, NC 27587

  • Single Family
  • Active
  • Updated 13 days ago
  • 4
    Beds
  • 5
    Total Baths
Listed by Coldwell Banker HPW, Jim Allen
7613 Thompson Mill Rd, Wake Forest, NC 27587 - Photo 1
$1,375,000

7613 Thompson Mill Rd  Wake Forest, NC 27587

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
Listed by Coldwell Banker HPW, Jim Allen
1009 High Trail Ct, Wake Forest, NC 27587 - Photo 1
$1,325,000

1009 High Trail Ct  Wake Forest, NC 27587

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
Listed by Choice Residential Real Estate, Tammy Alexander

Just Listed near 5316 Mill Dam Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

127 Tree Moss Ct, Rolesville, NC 27571 - Photo 1 Just Listed
$324,990

127 Tree Moss Ct  Rolesville, NC 27571

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Lennar Carolinas LLC, Kristen Clark
514 Averette Rd, Rolesville, NC 27571 - Photo 1 Just Listed
$669,000

514 Averette Rd  Rolesville, NC 27571

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Adcock Real Estate Services, FRANCES STRICKLAND
913 Fetching Pl, Rolesville, NC 27571 - Photo 1 Just Listed
$540,840

913 Fetching Pl  #376  Rolesville, NC 27571

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
Listed by Ashton Woods Homes, Heather Romaine and Ashton Woods Homes, Diana Kathryn Bates
192 Redford Pl Dr, Rolesville, NC 27571 - Photo 1 Just Listed
$399,990

192 Redford Pl Dr  Rolesville, NC 27571

  • Townhouse
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
Listed by Lennar Carolinas LLC, Kristen Clark

Price Reduced near 5316 Mill Dam Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

307 Marbella Dr, Rolesville, NC 27571 - Photo 1 Price Reduced
-$10,000 (-1.61%)
$610,000
Open House

307 Marbella Dr  Rolesville, NC 27571

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
Listed by eRealty and Associates, Inc, Claudette Anderson
4804 Pine Glen Ct, Rolesville, NC 27571 - Photo 1 Price Reduced
-$10,499 (-1.3%)
$799,001

4804 Pine Glen Ct  Rolesville, NC 27571

  • Single Family
  • Active
  • Updated 2 days ago
  • 5
    Beds
  • 4
    Total Baths
Listed by United Real Estate Triangle, Natalie Pearse and United Real Estate Triangle, Abbey Gallons
20 Willows Den Ct, Youngsville, NC 27596 - Photo 1 Price Reduced
-$34,900 (-7.93%)
$405,000

20 Willows Den Ct  Youngsville, NC 27596

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Coldwell Banker Advantage Hend, Ruxton Bobbitt
40 Stormy Blf Ct, Youngsville, NC 27596 - Photo 1 Price Reduced
-$10,000 (-1.67%)
$590,000

40 Stormy Blf Ct  Youngsville, NC 27596

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
Listed by Fathom Realty NC, Ward Wilkes

Recent Sales near 5316 Mill Dam Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1740 Moores Pond Rd, Youngsville, NC 27596 - Photo 1 Sold
$1,240,000

1740 Moores Pond Rd  Youngsville, NC 27596

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
Listed by Allen Tate/Raleigh-Glenwood, Van Fletcher
Sold by Non Member Office, Non Member
1205 Touchstone Wy., Wake Forest, NC 27587 - Photo 1 Sold
$1,175,000

1205 Touchstone Wy.  Wake Forest, NC 27587

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
Listed by Coldwell Banker HPW, Bobby Taboada
Sold by LPT Realty, LLC, Alison Malloy Wojnarowski
6509 Zebulon Rd, Wake Forest, NC 27587 - Photo 1 Sold
$1,289,000

6509 Zebulon Rd  Wake Forest, NC 27587

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
Listed by Keller Williams Realty Cary, Stephen Hooper
Sold by Coldwell Banker Advantage, Stephanie Santiago
310 Hidden Lake Dr, Youngsville, NC 27596 - Photo 1 Sold
$1,217,000

310 Hidden Lake Dr  Youngsville, NC 27596

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
Listed by Coldwell Banker HPW, Jim Allen
Sold by Raleigh Home 360, LLC, Gina Dula

5316 Mill Dam Road, Wake Forest, NC 27587 (MLS# 10125433) is a Single Family property with 4 bedrooms, 3 full bathrooms and 2 partial bathrooms. 5316 Mill Dam Road is currently listed for $1,350,000 and was received on October 02, 2025. Want to learn more about 5316 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.

Tour this property