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Sold for $1,000,000
  • $1,000,000

    5228 Mill Dam Rd, Wake Forest, NC 27587

    3beds
    3,045sqft
    Single Family Residence, Residential
    Built in 2001
    3.07 Acres Lot
    $1,000,400 Zestimate®
    $328/sqft
    $3,293 Estimated rent

    Home value

    $1,000,400

    $950,000 - $1.05M

    $3,293/mo

    Zestimate® history
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    What's special

    Cozy fireplacePeaceful water viewsFenced backyardWalk-in pantryRecently painted exterior
    Set along the shores of a picturesque lake and surrounded by tranquil woods and preserved common area, this exceptional home offers a rare blend of privacy, comfort, and natural beauty. From the moment you arrive, the setting feels like a retreat where peaceful water views and abundant wildlife, including ducks, geese, and turtles, become part of everyday life. Inside, the main level welcomes you with rich hardwood floors that flow seamlessly throughout. The central living room, framed by custom built-in bookcases and a cozy fireplace, captures stunning lake views, while the family room boasts a dramatic cathedral ceiling, gas fireplace, and a panoramic view of the lake. An updated kitchen serves as the heart of the home, showcasing quartzite counters, walk-in pantry, and easy access to the surrounding living areas. A 1st floor office with a closet adds flexibility for remote work or additional guest space. The primary bedroom and a secondary bedroom are located on the first floor. The primary suite is a true sanctuary, featuring serene lake views, two walk-in closets, and an updated bath complete with an remodeled walk-in shower, garden tub and dual vanities with granite counters. The secondary bedroom also offers a walk-in closet and its own remodeled bath with a walk-in shower. Upstairs, you'll find a private ensuite retreat with a large walk-in closet, along with a charming flex room featuring a window seat. This versatile 224 sq ft space is not included in the total square footage as a portion of the room has 7-ft ceilings. The expansive 1,733 sq ft walk-in attic on the second floor offers incredible potential for future expansion or customization. Outdoor living stretches over the 3.07 acre property. An updated deck with composite flooring, leads down to a flagstone patio with a fire pit and is perfectly positioned to take in the lake views and experience sunlight dancing across the water. The adjoining wooded common area with natural walking paths enhances the sense of connection to nature. Just a short walk away, the charming community dock invites you to enjoy fishing and lakeside relaxation. This home has been meticulously maintained and updated, including a new roof (2019), first-floor HVAC (2021), second-floor HVAC (2014), fenced backyard, sealed crawlspace, recently painted exterior, natural gas installation, and $30,000 in landscaping and hardscaping improvements. Relish the beauty and tranquility of lakeside living in a private setting while being just minutes from shopping, dining, and healthcare.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Conroy 919-539-2860,

    Coldwell Banker HPW

    Bought with:

    Howard Adam Liebman, 358592

    Berkshire Hathaway HomeService

    Source: Doorify MLS,MLS#: 10158980MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Fireplace(s), Forced Air, Gas Pack, Natural Gas, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Central Vacuum, Coffered Ceiling(s), Double Vanity, Dual Closets, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Separate Shower, Smooth Ceilings, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Windows: Insulated Windows
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 3,045
    • Total interior livable area: 3,045 sqft
    • Finished area above ground: 3,045
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Deck, Garage, Garage Door Opener, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Front Porch, Patio
    • Exterior features: Fenced Yard, Fire Pit, Private Yard, Rain Gutters
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront
    Lot
    • Size: 3.07 Acres
    • Features: Lake on Lot, Landscaped, Many Trees, Private, Wooded
    Details
    • Additional structures: Garage(s)
    • Parcel number: 1861113765
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence, Residential
    Materials
    • Fiber Cement
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Propane

    Community & neighborhood

    Community
    • Community features: Fishing, Lake
    Location
    • Region: Wake Forest
    • Subdivision: Millrace

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $416 annually
    • Services included: Storm Water Maintenance

    Price history

    DateEventPrice
    5/29/2026Sold$1,000,000+0%$328/sqft
    Source: Doorify MLS #10158980 Report a problem
    4/13/2026Pending sale$999,950$328/sqft
    Source: Doorify MLS #10158980 Report a problem
    4/10/2026Listed for sale$999,950+141%$328/sqft
    Source: Doorify MLS #10158980 Report a problem
    4/19/2013Sold$415,000+1%$136/sqft
    Source: Public Record Report a problem
    2/23/2013Listed for sale$410,850-35.7%$135/sqft
    Source: WSR Home Buyers, LLC #1875350 Report a problem
    11/30/2007Sold$639,000+45.2%$210/sqft
    Source: Public Record Report a problem
    7/1/2005Sold$440,000+26.6%$144/sqft
    Source: Public Record Report a problem
    8/20/2001Sold$347,500+215.9%$114/sqft
    Source: Public Record Report a problem
    3/6/2001Sold$110,000+22.2%$36/sqft
    Source: Public Record Report a problem
    12/22/2000Sold$90,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,203 +3%$810,304
    2024$5,052 +37.9%$810,304 +73.4%
    2023$3,663 +7.9%$467,258
    2022$3,395 +2.8%$467,258
    2021$3,303 +1.7%$467,258
    2020$3,249 -4.6%$467,258 +12.7%
    2019$3,406 $414,568
    2018$3,406 +14.8%$414,568
    2017$2,968 +2.1%$414,568
    2016$2,907 -17.2%$414,568 -17.5%
    2015$3,510 +5.5%$502,532 -9.3%
    2014$3,327 $554,265
    2013-- $554,265
    2012-- $554,265
    2011-- $554,265
    2010-- $554,265
    2009-- $554,265
    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
    $1,000,400
    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
    $1,000,400