OFF MARKET

Off Market May 2024 for $1M

$1,247,123

•

4,349

sq ft

5372 Mill Dam Rd, Wake Forest, NC 27587

About this home

Experience Wake Forest's coveted Millrace community with this exquisite pool home, nestled on a sprawling nearly 2-acre lot. Navigate the long, winding driveway, & witness a picturesque landscape that harmoniously blends with four spring-fed lakes, setting the stage for this custom-built executive residence showcasing meticulous craftsmanship & attention to detail. The generous layout includes 5 bedrooms, 3 full baths, 2 half bath & a 4 Car Garage. The gourmet kitchen is a culinary enthusiast's dream, opening to the living room-ideal for relaxation & social gatherings. The 1st-floor primary suite is a welcome retreat, with a luxe, spa-like bath, while a bonus room & separate flex/gym area offer endless possibilities. An open floor plan flows seamlessly outdoors, where a stunning pool, expansive patio, & panoramic backdrop offer a sanctuary for those who appreciate beauty & privacy. Don't miss the elegance & comfort of this rare offering: a residence where every day feels like a staycation! Septic permitted for a 4 bedroom home. Home includes 5 bedrooms.

Single-familyProperty Type

2018Year Built

1.96 acresLot Size

$287Est. Price/Sq.Ft.

4 garage spacesParking

Listed by Dwayne Leatherwood • ERA Live Moore

Bought with Neal Burke • NextHome Triangle Properties

Redfin checked: a minute ago

•Source:TMLS #10019617

Redfin Estimate

$1,247,123

$197K since sold in May 2024$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 54% higher than the average sale price ($810K) of 6 comparable homes.

SOLD AUG 3, 2026
$610,000
A
5 beds4 baths3,555 sq ft
5416 Mill Dam Rd, Wake Forest, NC 27587
SOLD JUL 8, 2026
$578,000
B
5 beds4 baths3,204 sq ft
813 Copper Beech Ln, Wake Forest, NC 27587
SOLD JUL 9, 2026
$995,000
C
5 beds3.5 baths3,718 sq ft
1548 Sterling Lake Dr, Wake Forest, NC 27587
SOLD MAY 26, 2026
$1,450,000
D
5 beds4.5 baths4,034 sq ft
1409 Sterling Lake Dr, Wake Forest, NC 27587
SOLD MAY 26, 2026
$600,000
E
5 beds4 baths3,864 sq ft
117 Dry Gully Ct, Wake Forest, NC 27587
SOLD JUN 10, 2026
$627,000
F
5 beds4 baths3,545 sq ft
313 Toadstool Trl, Wake Forest, NC 27587

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Earn from this home

Sell

$369,453

Est. take-home

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Rent

$3,890/mo

Redfin rental estimate

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Market trends in 27587, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

+0.1% MoM

Median sale price

$510K

$14K MoM

Avg. days on market

42d

6 days MoM

Recently sold homes

478

3 MoM

New listings for sale

FOR SALE BY OWNER
$745,000
3 beds3 baths3,200 sq ft
8497 Falkirk Ridge Ct, Wake Forest, NC 27587
$276,900
3 beds2.5 baths1,450 sq ft
2839 Gross Ave, Wake Forest, NC 27587
$1,150,000
5 beds4 baths4,117 sq ft
1409 Kinnesaw St, Wake Forest, NC 27587
3D WALKTHROUGH
$459,000
3 beds2.5 baths2,498 sq ft
1625 Silo Ridge Dr, Wake Forest, NC 27587
$279,900
2 beds2.5 baths1,472 sq ft
734 Parkside Townes Ct, Wake Forest, NC 27587
$180,000
2 beds1 bath720 sq ft
4436 Lassiter Rd, Wake Forest, NC 27587
$335,000
2 beds2.5 baths1,562 sq ft
604 Market Grove Dr #100, Wake Forest, NC 27587
EARLY ACCESS
$1,395,000
4 beds5 baths4,364 sq ft
8008 Wexford Waters Ln, Wake Forest, NC 27587
3D WALKTHROUGH
$1,260,000
4 beds3.5 baths4,000 sq ft
7532 Hasentree Club Dr, Wake Forest, NC 27587
$459,000
4 beds3.5 baths3,054 sq ft
4909 Universal Dr, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 5372 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,094 (−16.3%)

$210,000 + $895,927

$1,105,927

2024

$8,474 (+36.3%)

$210,000 + $895,927

$1,105,927

2023

$6,218 (+7.9%)

$210,000 + $1,151,291

$1,361,291

2022

$5,761 (+2.8%)

$120,000 + $674,870

$794,870

2021

$5,606 (+1.7%)

$120,000 + $674,870

$794,870

2020

$5,513 (−4.2%)

$120,000 + $674,870

$794,870

2019

$5,751 (+751.6%)

$120,000 + $674,870

$794,870

2018

$675 (+5.5%)

$90,000

2017

$640 (−15.4%)

$90,000

2014

$756

$115,000

Tax history for 5372 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,094 (−16.3%)

$210,000 + $895,927

$1,105,927

2024

$8,474 (+36.3%)

$210,000 + $895,927

$1,105,927

2023

$6,218 (+7.9%)

$210,000 + $1,151,291

$1,361,291

2022

$5,761 (+2.8%)

$120,000 + $674,870

$794,870

2021

$5,606 (+1.7%)

$120,000 + $674,870

$794,870

2020

$5,513 (−4.2%)

$120,000 + $674,870

$794,870

2019

$5,751 (+751.6%)

$120,000 + $674,870

$794,870

2018

$675 (+5.5%)

$90,000

2017

$640 (−15.4%)

$90,000

2014

$756

$115,000

*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

—

Baths

3.5

Stories

1.75

Lot width

—

Lot depth

—

Lot size

1.96 Acres

Year renovated

2018

Sq. Ft.

4,340

Year built

2018

Style

Single Family Residential

County

Wake County

APN

1861.03 10 3319 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

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

Aug 14, 2020 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Install electrical wiring from the main subpanel for outdoor pool attachments.

Electrical

Jan 17, 2020 • Final

Residential pool, spa & hot tub

Install a fiberglass inground pool.

Pool and hot tub

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.

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 4
Open Parking: Yes
Open Parking Spaces: 4
Parking Features: Driveway
Parking Total: 8

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 2

Bedroom Information
Bedrooms Total: 5

Interior Features
Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Laundry Features: Laundry Room, Main Level, Sink
Interior Features: Bathtub Only, Bathtub/Shower Combination, Dining L, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
Fireplace: Yes
Fireplace Features: Double Sided, Gas Log, Living Room, Outside, Primary Bedroom
Fireplaces Total: 2
Flooring: Carpet, Ceramic Tile, Hardwood

Exterior

Building Information
Construction Materials: Fiber Cement
Building Area Total: 4349.0
Structure Type: House

Exterior Features
Patio and Porch Features: Front Porch, Patio
Foundation Details: Brick/Mortar
Exterior Features: Private Entrance, Private Yard
Fencing: None
Roof: Shingle

Pool Information
Pool Features: Outdoor Pool

Property information
Above Grade Finished Area: 4349.0
Below Grade Finished Area: 0.0
Levels: Two

Land Information
Horse: No
Vegetation: Partially Wooded, Wooded

Lot Information
Lot Size Acres: 1.96
Lot Size Area: 1.96
Lot Size Square Feet: 85377.0
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 6217.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Community Water

Heating & Cooling
Heating: Yes
Heating Information: Central
Cooling: Yes
Cooling Information: Central Air, Dual

Location

HOA Information
Association: Yes
Association Name: Mill Race HOA
Association Fee: 344.0
Association Fee Frequency: Annually
Association Fee Includes: None

School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools

Location Information
County Or Parish: Wake
Directions: From Raleigh US Hwy 1 North Right on Hwy 98 East Bypass approx. 3.5 miles, Left on Averette Road, Right into Millrace Subdivision home at end of the street. (Pass Rosedale Subdivision to next Mill Dam entrance to Millrace)
Latitude: 35.975408
Longitude: -78.454822
Postal Code: 27587
Road Frontage Type: Other
Road Surface Type: Asphalt

Community Information
Community Features: Street Lights
Senior Community: No

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 4,340
Stories: 1.75
Lot Size: 1.96 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: 2018
County: Wake County
APN: 1861.03 10 3319 000

Home facts updated by county records on Aug 11, 2026

Other

hidden custom fields
Laundry Room, Main Level, Sink

Listing Date Information
Contract Status Change Date: 2024-05-10
Documents Change Timestamp: 2024-03-28T14:10:24Z
Photos Change Timestamp: 2024-04-07T19:59:09Z

Around this home

Schools

Richland Creek Elementary School

Public PreK-5 • Assigned • 4.1mi

8/10

Wake Forest Middle School

Public 6-8 • Assigned • 4.5mi

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, 15 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)

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

$1.19M – $1.44M

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New listings for sale in 27587

FOR SALE BY OWNER

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3D WALKTHROUGH

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1625 Silo Ridge Dr, Wake Forest, NC 27587

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2 beds2.5 baths1,472 sq ft

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EARLY ACCESSCOMPASS COMING SOON

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4 beds5 baths4,364 sq ft

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3D WALKTHROUGH

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Home values near 5372 Mill Dam Rd

Data from public records.

Address	Redfin Estimate
5361 Mill Dam Road, Wake Forest, NC 4 Beds \| 3 Baths \| 3576 Sq. Ft.	$1,068,566
5416 Mill Dam Road, Wake Forest, NC 5 Beds \| 4 Baths \| 3555 Sq. Ft.	$621,103

Address	Redfin Estimate
5373 Mill Dam Road, Wake Forest, NC 4 Beds \| 3 Baths \| 3247 Sq. Ft.	$869,385
5412 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 3251 Sq. Ft.	$580,896

Address	Redfin Estimate
5420 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 3254 Sq. Ft.	$597,217
5408 Mill Dam Road, Wake Forest, NC 5 Beds \| 4 Baths \| 3351 Sq. Ft.	$603,329

Property information provided by TMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27587, NC

Sale history for 5372 Mill Dam Rd

Tax history for 5372 Mill Dam Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27587

Home values near 5372 Mill Dam Rd

More real estate resources