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5340 Mill Dam Road, Wake Forest, NC 27587 ACTIVE 1 of 54 5340 Mill Dam Road, Wake Forest, NC 27587 — photo 2 5340 Mill Dam Road, Wake Forest, NC 27587 — photo 3 5340 Mill Dam Road, Wake Forest, NC 27587 — photo 4 5340 Mill Dam Road, Wake Forest, NC 27587 — photo 5
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$1,150,000 Est. $7,974/mo — Get pre-qualified
4beds 3.5baths 3,721sq ft 3.01acres

5340 Mill Dam Road · Wake Forest, NC 27587

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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.

Features & Amenities

Living Area3,721 Sq.Ft.
Bedrooms4
Baths3.5
HeatingForced Air, Propane
CoolingCentral Air, Electric
FlooringCarpet, Hardwood, Tile
FireplaceGas Log,Great Room,Living Room
AppliancesDishwasher, Gas Cooktop, Microwave, Refrigerator, Wall Oven
Interior FeaturesCeiling 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
LaundryLaundry Room, Main Level
Exterior FeaturesFenced Yard, Private Yard
StyleTransitional
Year Built2007
ConstructionFiber Cement
RoofShingle
FoundationBlock
ParkingAdditional Parking, Attached, Garage Door Opener, Garage Faces Side
StatusActive
Lot Size3.01 Acres
Lot FeaturesBack Yard, Gentle Sloping, Views, Waterfront, Beach Grassy, Deeded Water Access, Water View
SubdivisionMillrace
CountyWake
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedSep 13, 2026
SewerPrivate Sewer
Water SourcePublic
HOAYes — $50 / month
Community FeaturesLake
ElementaryWake - Richland Creek Elementary School Elementary School
MiddleWake - Wake Forest Middle School Middle School
HighWake - Wake Forest High School High School
Presented By: Mark Spain Real Estate; homes@markspain.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

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