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$999,950
8 Days On Site

5228 Mill Dam Road
Wake Forest, NC 27587

For Sale|Single Family Residence|Pending
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
3,045
SqFt
$328
/SqFt
2001
Built
Subdivision:
Millrace
County:
Wake

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5228 Mill Dam Road5228 Mill Dam Road5228 Mill Dam Road5228 Mill Dam Road
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Monthly Payment (Est.)

$4,562
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$999,950
Days On Site 
8 Days
Bedrooms 
3
Inside Area (SqFt) 
3,045 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
3.07 Acres
Year Built 
2001
MLS® Number 
10158980
Status 
Pending
Property Tax 
$5,202.7
HOA/Condo/Coop Fees 
$34.67 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Pending
a week agoListing first seen on site
General Features
Acres 
3.07
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Levels 
One and One Half
Parking 
DeckGarageGarage Door OpenerGarage Faces SideAttached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
Probate Listing
SqFt Above 
3045
SqFt Total 
3045
Style 
Farmhouse
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedPropane
Water Source 
Public
Interior Features
Appliances 
Bar FridgeDishwasherElectric RangeMicrowaveRefrigeratorTankless Water HeaterWasher/Dryer
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family RoomLiving Room
Fireplaces 
2
Flooring 
CarpetCeramic TileHardwood
Heating 
Fireplace(s)Forced AirNatural GasPropane
Interior 
BookcasesCeiling Fan(s)Central VacuumCoffered Ceiling(s)Double VanityHigh CeilingsKitchen IslandOpen FloorplanPantryMaster DownstairsRecessed LightingStorageTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Laundry RoomMain LevelSink
Main Level Bedrooms 
2
Window Features 
Insulated Windows
Bedroom 2 
Dimensions - 13 x 11.3Level - Main
Bedroom 3 
Dimensions - 12.3 x 11.8Level - Main
Breakfast Room 
Dimensions - 13.5 x 11.5Level - Main
Dining Room 
Dimensions - 13.7 x 11.4Level - Main
Family Room 
Dimensions - 20.7 x 17Level - Main
Kitchen 
Dimensions - 12.8 x 11Level - Main
Laundry 
Dimensions - 8 x 5.8Level - Main
Living Room 
Dimensions - 19 x 18Level - Main
Master Bedroom 
Dimensions - 17 x 16.5Level - Main
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Exterior Features
Construction Details 
Fiber Cement
Exterior 
Fire PitPrivate YardRain Gutters
Fencing 
Back Yard
Frontage 
Lakefront
Lot Features 
WoodedLandscapedMany TreesPrivateWaterfront
Other Structures 
Garage(s)
Patio And Porch 
Front PorchPatio
Roof 
Shingle
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake
Waterview 
Lake
Windows/Doors 
Insulated Windows
Community Features
Association Dues 
416
Community Features 
FishingLake
Financing Terms Available 
CashConventional
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 Kimberly Conroy of Coldwell Banker HPW



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-04-19 10:58 AM 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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