5340 Mill Dam Road
Wake Forest, NC 27587
$1,150,000
Surround yourself with nature, wide-open spaces, and peaceful water views in this exceptional Mill Race home! The main level features a spacious primary suite and dedicated home office, along with an inviting open-concept living area designed for both everyday living and entertaining. Upstairs offers three additional bedrooms and a versatile bonus room. The chef's kitchen is a true centerpiece, showcasing a large island, built-in refrigerator, and custom finishes throughout. Quality craftsmanship is evident in every detail of this beautifully designed home. Unwind on the back deck overlooking the water or launch a kayak for a relaxing adventure across the lake. The detached two-car garage has been thoughtfully converted into a studio guest house but could easily be transformed back into garage space to suit your needs. Welcome home to Mill Race—where nature, comfort, and timeless craftsmanship come together! (Main dwelling - 3721.32 sq ft./Guest house- 983.96) Both w/water view! 4705.28 total heated/cooled sq ft.
Listing Courtesy of: Mark Spain Real Estate
919-369-9097
| Mls #: | 10187579 |
|---|---|
| List Price: | $1,150,000 |
| Class: | Residential |
| Property Type: | Single Family Residence |
| Status: | Active |
| Bedrooms: | 4 |
| Full Baths: | 3 |
| Half Baths: | 1 |
| Total Living Area Sq Ft: | 3,721 |
| Hoa 1 Fees $: | $50 |
| Tax Annual Amount: | $7,391 |
| Approx Lot Sq Ft: | 131,115.0 |
| Approximate Acres: | 3.01 |
| Style: | Transitional |
| Waterfront Type: | Yes |
| City: | Wake Forest |
| Subdivision: | Millrace |
| Zip: | 27587 |
| Year Built: | 2007 |
| State: | NC |
| Basement: | No |
| Elementary School 1: | Wake - Richland Creek Elementary School |
| High School 1: | Wake - Wake Forest High School |
| Garage: | 2.0 |
| Living Area Above Grade: | 3,721.32 |
| Roof: | Shingle |
| Flooring: | Carpet, Hardwood, Tile |
| A/C: | Central Air, Electric |
| Heating: | Forced Air, None, Propane |
| Construction Type: | Fiber Cement |
| Appliances: | Dishwasher, Gas Cooktop, Microwave, Refrigerator, Wall Oven |
| Fireplaces Total: | 2 |
| Exterior Features: | Private Yard, Fenced Yard |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Covered, Deck, Front Porch, Rear Porch |
| Water Body Name: | To Be Added |
| Window Features: | Blinds, Plantation Shutters |
| Bathrooms Total Integer: | 4 |
| Cooling?: | Yes |
| Lot Features: | Back Yard, Gentle Sloping, Views, Waterfront |
| Special Listing Conditions: | Standard |
| View: | Lake |
| Interior Features: | Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower |
| Association?: | Yes |
| Association Fee Frequency: | Monthly |
| Stories: | 2 |
| Fencing: | Back Yard |
| Laundry Features: | Laundry Room, Main Level |
| Postal Code Plus4: | 5512 |
| Lot Size Area: | 3.01 |
| Parking Features: | Additional Parking, Attached, Garage Faces Side, Garage Door Opener |
| Attached Garage?: | Yes |
| Parcel Number: | 186103215028000 0221613 |
| Water Source: | Public |
| Bathrooms Total Decimal: | $3.50 |
| Other Structures: | Guest House |
| Building Area Total: | 3721.32 |
| Sewer: | Private Sewer |
| Levels: | Two |
| Association Fee Includes: | Unknown |
| Fireplace Features: | Gas Log, Great Room, Living Room |
| Middle Or Junior School: | Wake - Wake Forest Middle School |
| Foundation Details: | Block |
| Waterfront Features: | Lake Privileges |
| Garage?: | Yes |
| Listing Contract Date: | 2026-08-20 |
| Structure Type: | House, Site Built |
| Other Equipment: | Fuel Tank(s) |
| Open Parking?: | Yes |
| Road Responsibility: | Public Maintained Road |
| Listing Terms: | Cash, Conventional |
| Possession: | Close Of Escrow |
| Tax Assessed Value: | $1,152,429 |
| Parking Total: | 6 |
| Listing Agreement: | Exclusive Right To Sell |
| Open Parking Spaces: | 4.0 |
| Association Name: | N/A |
| Frontage Type: | Waterfront |
| Community Features: | Lake |
| Association Phone: | N/A |
| Original List Price: | $1,150,000 |
| Current Financing: | Conventional |
| Main Level Bathrooms: | 1 |
| Tax Year: | 2025 |
| Contract Information Years Owned2: | 1 or More Year(s) |
| Contract Information Property Leased Yn2: | No |
| Contract Information Original Mls2: | Triangle MLS Inc |
| Location Tax And Legal Lot Number2: | 38 |
| Location Tax And Legal City Limits Yn2: | No |
| Location Tax And Legal Restrictive Covenants Yn2: | Yes |
| General Property Information Enhanced Accessible2: | No |
| General Property Information Association Fee Required Yn: | Yes |
| General Property Information Monthly Association Fees2: | 50.0 |
| General Property Information Water Frontage Length2: | 200 |
| General Property Information Primary Residence Yn: | Yes |
| Fireplace?: | Yes |
| Subscriber Confirmation Subscriber Created Text: | Yes |
| Subscriber Confirmation Subscriber Took Photos: | No |
| Approval Status: | Yes |
| Room Types: | Bathroom 2, Bathroom 3, Bathroom 4, Bonus Room, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Entrance Hall |
| Contract Information Original Entry Timestamp: | 2026-08-20T12:10:43-05:00 |
| Waterfront Access: | Private Ownership |
| Lot Water Features: | Deeded Water Access, Beach Grassy, Waterfront, Water View |
| County Or Parish: | Wake |
| Room Types Bathroom 2 Level: | First |
| Room Types Bathroom 3 Level: | Second |
| Room Types Bathroom 4 Level: | Second |
| Room Types Bedroom 2 Level: | Second |
| Room Types Bedroom 3 Level: | Second |
| Room Types Bedroom 4 Level: | Second |
| Room Types Bonus Room Level: | Second |
| Room Types Den Level: | First |
| Room Types Dining Room Level: | First |
| Main Level Bedrooms: | 1 |
| Room Types Entrance Hall Level: | First |
| General Property Information Main Level Bedrooms Yn5: | Yes |
| Room Types Kitchen Level2: | First |
| Room Types Laundry Level: | First |
| Room Types Living Room Level: | First |
| Room Types Other Level: | First |
| Room Types Primary Bathroom Level: | First |
| Room Types Primary Bedroom Level: | First |
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Doorify MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
