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Sold for $1,200,000
  • $1,200,000

    5205 Mill Dam Rd, Wake Forest, NC 27587

    4beds
    7,789sqft
    Single Family Residence, Residential
    Built in 2000
    2 Acres Lot
    $1,197,200 Zestimate®
    $154/sqft
    $3,802 Estimated rent

    Home value

    $1,197,200

    $1.14M - $1.26M

    $3,802/mo

    Zestimate® history
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    $3,802/mo

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    $7,427/mo

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    $7,427/mo

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    What's special

    Lakefront estateSpacious workshopStone wall accentsRomantic string lightingNewly completed paver patioDouble shower headsSunroom with heated floors
    Stunning Lakefront Estate with 7-Car Garage, Workshop, and Distinctive Architecture Design - 7789 Sq Ft Welcome to your dream lakefront retreat! This exceptional 7,789FS custom home blends luxury living with practical design, offering everything you need for comfort, creativity, and entertaining. Step outside to your private oasis featuring a newly completed paver patio with stone wall accents and romantic string lighting. A welcoming gathering space centered around a fire pit, offering the perfect spot for entertaining and staying toasty through every season. Unwind in the gazebo with a hot tub, or relax in the sunroom with heated floors, skylights, and a full wall of windows showcasing a private courtyard. Car enthusiasts and hobbyists will love the 7-car garage and a spacious workshop with two dedicated 240V outlets—ideal for a planner, pottery kiln, or other equipment. An additional attached storage shed with a bay door offers even more space for tools and toys. Inside, the home boasts thoughtful design and upscale touches throughout. The butler pantry walk-in makes entertaining seamless, while the kitchenette near the living room adds extra convenience. Enjoy two striking fireplaces: a 72-inch linear fireplace set in a floor-to-ceiling stone wall in the living room and a 36x36 fireplace with a custom wall mantle that adds warmth and character. The first-floor master suite offers privacy and comfort, and master bathroom features double shower heads and a jacuzzi tub. Additional highlights include: Lake-fed irrigation for effortless landscaping Two fully encapsulated crawlspaces, both with dehumidifiers and sump pumps Newly insulated crawlspace doors, garage doors and two attics for energy saving Large flex space with a full bath set up above 4-car garage can be used as in-law suite Two walk-in attics provide substantial storage or potential for expansion Whether you're an entertainer, craftsman, car collector, or someone seeking peace by the water, this one-of-a-kind home offers the perfect blend of sophistication, space, and setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jo Smith 919-302-4493,

    Northside Realty Inc.,

    Richard Smith 919-302-7344,

    Northside Realty Inc.

    Bought with:

    Gerardo Silvestri, 297110

    DASH Carolina

    Source: Doorify MLS,MLS#: 10128160MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Electric, Forced Air, Natural Gas, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Oven, Washer
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Bookcases, Built-in Features, Pantry, Ceiling Fan(s), Crown Molding, Granite Counters
    • Flooring: Carpet, Hardwood, Tile
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 7,789
    • Total interior livable area: 7,789 sqft
    • Finished area above ground: 7,789
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage - Attached
    • Attached garage spaces: 7
    Features
    • Levels: Two
    • Stories: 1
    • Exterior features: Rain Gutters, Smart Irrigation
    • Has view: Yes
    Lot
    • Size: 2 Acres
    • Features: Corner Lot, Landscaped, Many Trees
    Details
    • Parcel number: 1861.03011026 0214378
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Fiber Cement, Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wake Forest
    • Subdivision: Mill Race

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $416 annually
    • Amenities included: None
    • Services included: None

    Price history

    DateEventPrice
    4/28/2026Sold$1,200,000-14.3%$154/sqft
    Source: Doorify MLS #10128160 Report a problem
    3/12/2026Pending sale$1,400,000$180/sqft
    Source: Doorify MLS #10128160 Report a problem
    10/17/2025Listed for sale$1,400,000+85.4%$180/sqft
    Source: Doorify MLS #10128160 Report a problem
    4/9/2021Sold$755,000-5.6%$97/sqft
    Source: Doorify MLS #2349430 Report a problem
    10/27/2020Price change$799,9000%$103/sqft
    Source: EXP Realty #2349430 Report a problem
    9/26/2020Price change$800,000-5.9%$103/sqft
    Source: Keller Williams Preferred Realty #2325016 Report a problem
    7/23/2020Price change$850,000-2.9%$109/sqft
    Source: Keller Williams Brier Creek #2325016 Report a problem
    6/26/2020Listed for sale$875,000+91%$112/sqft
    Source: Keller Williams Brier Creek #2325016 Report a problem
    11/2/2005Sold$458,000+19.7%$59/sqft
    Source: Public Record Report a problem
    10/16/2000Sold$382,500+410%$49/sqft
    Source: Public Record Report a problem
    6/23/2000Sold$75,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,416 +3%$1,312,750
    2024$8,172 +25.4%$1,312,750 +57.5%
    2023$6,519 +7.9%$833,468
    2022$6,039 +2.8%$833,468
    2021$5,877 +1.7%$833,468
    2020$5,779 -5.3%$833,468 +11.9%
    2019$6,102 $744,723
    2018$6,102 +14.8%$744,723
    2017$5,315 +2.1%$744,723
    2016$5,207 -8.6%$744,723 -8.9%
    2015$5,696 +5.5%$817,283
    2014$5,398 $817,283 +2.5%
    2013-- $797,014
    2012-- $797,014
    2011-- $797,014
    2010-- $797,014
    2009-- $797,014
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --

    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Richland Creek
    • Middle: Wake - Wake Forest
    • High: Wake - Wake Forest

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,197,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,197,200