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$1,350,000
34 Days On Site

5316 Mill Dam Road
Wake Forest, NC 27587

For Sale|Single Family Residence|Active
4
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
4,614
SqFt
$293
/SqFt
1997
Built
Subdivision:
Millrace
County:
Wake
Call Now: 919-263-SOLD
Is this the listing for you? We can help make it yours.
919-263-SOLD
5316 Mill Dam Road5316 Mill Dam Road5316 Mill Dam Road5316 Mill Dam Road
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Exclusive Wake Forest Lakefront Estate Discover refined lakefront living with this private 4.35-acre retreat in Wake Forest, offering 4,614 sq. ft. of beautifully designed space, along with a 4 car garage! This is a four bedroom home that lives like a five bedroom home! Blending timeless craftsmanship with thoughtful updates, this custom-built estate delivers both luxury and peace of mind. Major upgrades include a new roof in 2018 and a tankless water heater 2024 ensuring modern comfort and long-term value. Crown molding, custom trim, and fresh paint throughout highlight the home's attention to detail. The heart of the home features an updated kitchen with quartz counters with waterfall island, quartz slab back splash, custom cabinetry, premium fixtures, and an effortless flow for entertaining. The hardwood floors continue to the first-floor primary suite is a true sanctuary, and a fully renovated spa-inspired bathroom with dual shower heads and even a cedar closet space! Adjoining the primary is an elegant private office. A formal dining completes this estate with enough seating for 8 guests comfortably. Soaring ceilings and walls of windows in the two-story great room flood the home with natural light and frame breathtaking views of the lake. Upstairs, 3 bedrooms, of which one has en suite bath, PLUS a spacious loft provide private havens for family or guests! A separate Bonus Wing with its own entry and staircase offers unmatched flexibility—ideal for multigenerational living, a guest retreat, or a home-based business. Here you will find another bedroom and loft area with a dinette kitchen!!! Outdoor living is elevated with a covered porch, hot tub, fire pit, and private dock, all set against the backdrop of serene lakefront scenery. The four-car garage includes one bay that is fully heated and cooled—perfect for a workshop, studio, or climate-sensitive storage. 12x18 shed on permanent foundation. All of this just minutes from Wake Forest's shopping, dining, and parks—an extraordinary estate where luxury and convenience meet.

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Listing Snapshot
Price 
$1,350,000
Days On Site 
34 Days
Bedrooms 
4
Inside Area (SqFt) 
4,614 sqft
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
4.35 Acres
Year Built 
1997
MLS® Number 
10125433
Status 
Active
Property Tax 
$7,599.86
HOA/Condo/Coop Fees 
$34.67 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
4.35
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Number Of Stories 
2
Parking 
Additional ParkingDeckDrivewayGarageGarage Door OpenerGarage Faces SideHeated GarageLightedOversizedParking PadPavedPrivateAttached
Property Sub Type 
Single Family Residence
Security 
Security SystemSmoke Detector(s)Closed Circuit Camera(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4614
SqFt Total 
4614
Style 
Transitional
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalElectric CooktopENERGY STAR Qualified AppliancesGas Water HeaterMicrowavePlumbed For Ice MakerTankless Water HeaterOven
Basement 
Crawl Space
Cooling 
Central AirElectricZoned
Fireplace 
Yes
Fireplace Features 
ElectricFamily Room
Fireplaces 
1
Flooring 
CarpetHardwoodTile
Heating 
ElectricForced Air
Interior 
BookcasesBuilt-in FeaturesCedar Closet(s)Ceiling Fan(s)ChandelierCrown MoldingDouble VanityEat-in KitchenGranite CountersHigh CeilingsHigh Speed InternetKitchen IslandOpen FloorplanPantryMaster DownstairsSmart HomeSmart ThermostatSoaking TubStorageWalk-In Closet(s)
Laundry Features 
Common AreaInsideLaundry RoomMain LevelSink
Bedroom 2 
Dimensions - 15.4 x 13.1Level - SecondDescription - 2nd Floor
Bedroom 3 
Dimensions - 13 x 12.2Level - SecondDescription - 2nd Floor
Bedroom 4 
Dimensions - 16.5 x 13.4Level - SecondDescription - 2nd Floor
Bonus Room 
Dimensions - 23.9 x 20.5Level - SecondDescription - 2nd Floor
Dining Room 
Dimensions - 15.3 x 12.7Level - MainDescription - 1st Floor
Family Room 
Dimensions - 18 x 14.8Level - MainDescription - 1st Floor
Kitchen 
Dimensions - 13.2 x 11.4Level - MainDescription - 1st Floor
Laundry 
Dimensions - 8.8 x 7.8Level - MainDescription - 1st Floor
Loft 
Dimensions - 16.8 x 13.1Level - SecondDescription - 2nd Floor
Master Bedroom 
Dimensions - 17.5 x 15Level - MainDescription - 1st Floor
Office 
Dimensions - 12.9 x 10.9Level - MainDescription - 1st Floor
Other 
Dimensions - 19.5 x 18Level - SecondDescription - 2nd Floor
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Exterior Features
Construction Details 
Fiber CementMasonite
Exterior 
Fire PitLightingPrivate YardRain GuttersStorage
Fencing 
Back YardFenced
Frontage 
LakefrontWaterfront
Lot Features 
WoodedBack YardFront YardInterior LotLandscapedPrivateSecludedViewsWaterfront
Other Structures 
Shed(s)
Patio And Porch 
CoveredDeckFront PorchRear PorchWrap Around
Road Frontage 
City Street
Roof 
Shingle
View 
LakeTrees/WoodsWater
Waterfront 
Yes
Waterfront Features 
LakeWaterfront
Waterview 
LakeTrees/WoodsWater
Community Features
Association Dues 
416
Community Features 
LakeStreet Lights
Financing Terms Available 
CashConventionalVA Loan
HOA Fee Frequency 
Annually
Schools
School District
Unknown
Elementary School
Wake - Richland Creek
Middle School
Wake - Wake Forest
High School
Wake - Wake Forest
Listing courtesy of Michael Ulrich of AMG Realty LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-11-06 09:53 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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