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5300 Mill Dam Road · Wake Forest, NC 27587

Wake Forest, NC 27587 · Millrace
PendingSingle FamilyMillraceWake Forest TownshipWake County
$1,325,000
$305 / sq ftListed Jul 11, 2026

4
Bedrooms

3.5
Bathrooms

4,348
Square feet

2.84
Acres

1997
Year built

5300 Mill Dam RoadPending
$1,325,000 · 4 bd · 3.5 ba · 4,348 sf

Highlights

  • Waterfront Home
  • 2.84 Acres
  • Wet Bar
  • Main-Level Primary Suite
  • Home Office
  • Expansive Bonus/Game Room

About this home

Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest.

Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan includes a main-level primary suite along with two additional first-floor bedrooms, making everyday living convenient for a variety of lifestyles.

Upstairs, you'll find another private bedroom, office, and an expansive bonus/game room perfect for entertaining, a home theater, fitness space, or teen retreat.

Outside, enjoy the serenity of your private waterfront setting with plenty of room for outdoor recreation, gardening, or simply relaxing while taking in the peaceful views. A spacious 2-car garage provides ample storage and convenience.

Despite its secluded feel, this home is just a short drive to Downtown Wake Forest, where you'll enjoy locally owned restaurants, boutiques, coffee shops, and year-round community events. Outdoor enthusiasts will appreciate the nearby Falls Lake Recreation Area, E. Carroll Joyner Park, and Wake Forest's extensive greenway system, while shopping, grocery stores, and everyday conveniences along the Capital Boulevard corridor are all within easy reach.

This is a rare opportunity to own a spacious waterfront property that combines the tranquility of country living with the convenience of one of Wake Forest's most desirable locations. Upgrades include HVAC (2022), Radon Mitigation System, Partial Crawlspace Encapsulation, RO Water Filter, Whole House Steam Humidifier.

Property history

  1. Pending saleSource: IDX Doorify MLS #10179572$1,325,000
  2. Price decreasedSource: IDX Doorify MLS #10179572$1,325,000−$24,900 · −1.8%
  3. Listed for saleSource: IDX Doorify MLS #10179572$1,349,900

Nearby listings

Near 5300 Mill Dam Road · Wake Forest, NC 27587

Status

Statuses-buttons
  • All
  • Sold (11)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

5300 Mill Dam Road
Millrace · This home
$1,325,000
4,348
$305
4
1997
2.84
Under Contract
Sep 27, 2026
5340 Mill Dam Road
Millrace
$1,150,000
3,721
$309
4
2007
3.01
Active
Sep 26, 2026
5905 Tranquil Cove
Tranquil Cove
$875,000
3,365
$260
4
2026
1.14
Active
Sep 25, 2026
5904 Tranquil Cove
Tranquil Cove
$789,000
2,672
$295
3
2025
1.07
Active
Sep 25, 2026
5416 Mill Dam Road
Rosedale
$610,000
3,555
$172
5
2023
0.21
Sold
Sep 20, 2026
321 Toadstool Trail
Rosedale
$624,000
3,528
$177
5
2023
0.21
Active
Sep 27, 2026

Showing 6 of 11 nearby listings

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Cameron Saemann
Cameron Saemann
Broker in Charge

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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.