EXCITING NEW PRICE! This residence is the absolute definition of a modern style home with unparalleled vistas throughout every room. Situated on 3.29 acres of tranquil private property. This contemporary all brick residence offers a superb location in the prime area of Wake Forest. Navigating the serpentine driveway the car glides upward, winding its way through the lush landscaping as you embark upon this warm contemporary designed home which offers an exceptional indoor-outdoor lifestyle. Light-filled living areas framed in glass flows effortlessly to outdoor living spaces made with entertaining in mind. You'll want to spend endless mornings and evenings with your coffee or glass of wine taking in breathtaking views of the lush landscape, deer, birds chirping and your own Koi pond with a peaceful waterfall. The spacious open-concept living space features custom wood flooring, dramatic volume ceilings, French doors and oversized windows. A large chef's gourmet kitchen with professional appliances and custom cabinetry overlook the spacious family room with cozy fireplace and the expansive outdoor living spaces. First floor owner's suite with spa-inspired bath area and spacious custom closet. The home also features a first floor guest suite with a private bath. Upstairs you'll find 2 additional en-suite bedrooms with a jack-and-jill bathroom. Wait until you see the enormous bonus room, flex space or professional gym. 3 car garage. Just a few short minutes to major shopping, tranquil parks, amazing restaurants, coffee shops and so much more. This park-like setting property is a Must See and one you will not want to leave.
Stunning & unique all brick home perched high atop 3.289 acres boasting 10', 14' & layared tray ceilings, open floor plan, privacy and views of community pond! Modern Kitchen w/ granite countertops open to Breakfast Room & Hearth Room w/ gas log fireplace! Huge patio w/ custom awning & koi pond! 1st flr Master w/ huge walk-in closet & Sun Room! Spacious Bonus Room & Solarium & more!
TMLS #807532
Aug 18, 2005
Listing Removed
—
Jun 13, 2005
Listed
$599,900
$168/sq ft
Public Records
Jul 24, 1996
Sold
$140,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,244 (+3.0%)
$231,000 + $742,096
$973,096
2024
$6,063 (+28.8%)
$231,000 + $742,096
$973,096
2023
$4,707 (+7.9%)
$231,000 + $742,096
$973,096
2022
$4,362 (+2.8%)
$132,000 + $469,157
$601,157
2021
$4,244 (+1.7%)
$132,000 + $469,157
$601,157
2020
$4,174 (−2.7%)
$132,000 + $469,157
$601,157
2019
$4,290 (+8.8%)
$132,000 + $469,157
$601,157
2018
$3,944 (+5.5%)
$90,000 + $432,866
$522,866
2017
$3,738 (+2.1%)
$90,000 + $432,866
$522,866
2016
$3,661 (−5.0%)
$90,000 + $432,866
$522,866
2015
$3,854 (+5.5%)
$90,000 + $432,866
$522,866
2014
$3,653 (+7.1%)
$115,000 + $437,170
$552,170
2013
$3,410
$115,000 + $437,170
$552,170
2012
$3,410
$115,000 + $437,170
$552,170
2011
$3,410
$115,000 + $437,170
$552,170
Tax history for 5361 Mill Dam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,244 (+3.0%)
$231,000 + $742,096
$973,096
2024
$6,063 (+28.8%)
$231,000 + $742,096
$973,096
2023
$4,707 (+7.9%)
$231,000 + $742,096
$973,096
2022
$4,362 (+2.8%)
$132,000 + $469,157
$601,157
2021
$4,244 (+1.7%)
$132,000 + $469,157
$601,157
2020
$4,174 (−2.7%)
$132,000 + $469,157
$601,157
2019
$4,290 (+8.8%)
$132,000 + $469,157
$601,157
2018
$3,944 (+5.5%)
$90,000 + $432,866
$522,866
2017
$3,738 (+2.1%)
$90,000 + $432,866
$522,866
2016
$3,661 (−5.0%)
$90,000 + $432,866
$522,866
2015
$3,854 (+5.5%)
$90,000 + $432,866
$522,866
2014
$3,653 (+7.1%)
$115,000 + $437,170
$552,170
2013
$3,410
$115,000 + $437,170
$552,170
2012
$3,410
$115,000 + $437,170
$552,170
2011
$3,410
$115,000 + $437,170
$552,170
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
143,312
Year renovated
2003
Sq. Ft.
3,576
Year built
1998
Style
Single Family Residential
County
Wake County
APN
1861.03 10 6623 000
Parking Spaces
3
Basement
No
Accessible
No
HOA Dues
$397 /month
Garage
Yes
Features
Views
Last updated by owner on Feb 4, 2025.
R-30
Residential-30 District
The R-30 districts are known as non-watershed residential districts. These districts allow a range of very-low to moderate-density residential development and various building forms, depending on the specific district. A limited number of nonresidential uses are also allowed. Some nonresidential uses are permitted by-right; others are allowed only within designated activity centers and then only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Golf related
Housing-Mobile home park
Park & open space
Dec 20, 2025 • Final
Residential alteration
Seal the crawl space vents and install a power outlet for a permanent dehumidifier in the crawl space.
Remodel
Jun 6, 2025 • Final
Residential trade permit. plumbing, mechanical, or electrical
Remodel a kitchen by replacing cabinets and countertops. Cap the existing gas pipe and install a 240-volt electrical outlet for a new induction stove. Install an overhead ducted vent hood connected to the existing ventilation system.
Electrical
Gas
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Heating Information: Central, Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Ceiling Fan(s), Central Air, Electric
Location
HOA Information
Association: Yes
Association Name: Mill Race HOA
Association Amenities: Maintenance Grounds
Association Fee: 397.0
Association Fee Frequency: Annually
Association Fee 2: 0.0
Association Fee Includes: Maintenance Grounds
School Information
Elementary School: Wake - Richland Creek
Middle Or Junior School: Wake - Wake Forest
High School: Wake - Wake Forest
Location Information
County Or Parish: Wake
Directions: Take Rt 1 to Wake Forest. Right on 1-A at Leith Kia, right on Hwy 98 East Bypass, left on Averette Rd, right on Mill Dam Rd into Millrace subdivision, last house on the left.
Latitude: 35.976661
Longitude: -78.453354
Postal Code: 27587
Road Responsibility: Private Maintained Road
Community Information
Community Features: Lake, Suburban
Senior Community: No
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 3,576
Stories: 1.0
Parking Spaces: 3
Basement: No
Accessible: No
Lot Size: 3.29 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 2003
County: Wake County
APN: 1861.03 10 6623 000
HOA Dues: $397/month
Garage: Yes
Features: Views
Home facts updated by owner on Feb 4, 2025
Other
hidden custom fields
Laundry Room, Main Level
Listing Date Information
Contract Status Change Date: 2025-01-25
Documents Change Timestamp: 2024-09-16T23:17:46Z
Photos Change Timestamp: 2024-08-02T20:27:13Z
Price Change Timestamp: 2024-08-21T13:00:59Z
Listing Price Information
Previous List Price: 1050000.0
Around this home
Schools
Richland Creek Elementary School
Public PreK-5 • Assigned • 4.1mi
8/10
Wake Forest Middle School
Public 6-8 • Assigned • 4.6mi
4/10
Wake Forest High School
Public 9-12 • Assigned • 3.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
48% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wake Forest, NC • 27587
Average low and high temperatures (°F)
48
29
54
35
70
46
78
54
79
59
89
69
91
74
81
67
80
65
72
52
65
45
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.02M – $1.23M
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