$6,519 Closing Credit¹
#10090237, Tuan Nguyen, Listing Office: Golden Realty
$825,000 List price
5241 Mill Dam Rd Wake Forest, NC 27587
$9,797
Closing credit¹
4 beds
3 full, 1 partial
3,024 sqft
1.4 acres
$273 / sqft
House
Property details
About 5241 Mill Dam Rd
Stunning Retreat in Sought-After Millrace Subdivision Welcome to your dream home in Millrace, one of Wake Forest's most coveted luxury communities. Known for its peaceful atmosphere and private pond views, this neighborhood blends serenity and convenience just minutes from local amenities. This beautiful 4-bedroom home offers a spacious and thoughtful layout with the primary suite on the main floor. The owner's retreat features light-toned luxury vinyl plank flooring and room for a king-sized bed. The en-suite bath includes a jetted tub, large ceramic-tiled shower, dual vanities, white cabinetry, and an oversized mirror. The heart of the home is a soaring living room with vaulted ceilings, a dramatic stone hearth wood-burning fireplace, and glass doors that open to an expansive, multi-level deck. Whether you're hosting a gathering or enjoying a quiet evening, the flow of this home is perfect for entertaining. The gourmet kitchen includes high-end granite countertops, hardwood floors, an electric cooktop, a large refrigerator, and generous cabinet space. Enjoy your morning coffee in the breakfast nook while taking in serene views of the pond from the front porch. Need a quiet escape? The cozy sunroom is surrounded by windows and includes a mini-split system for year-round comfort—ideal for unwinding with a book or soaking up natural light. Upstairs, you'll find two spacious bedrooms, ample storage, and a versatile bonus room—perfect for a playroom, home office, or guest space. Outside, a long gravel driveway leads to a detached two-car garage with a fully finished apartment above. This bonus space includes a full bath with a walk-in shower, making it a great option for guests, a teen suite, or even a private game room. Don't miss your chance to own a slice of paradise in Wake Forest. With scenic surroundings, custom features, and flexible living space, this home truly has it all.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Forced Air, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air, Dual, Electric, Heat Pump
Size3,024 sqft
Lot size1.44 Acres
Year built1996
ParkingDeck, Garage, Garage Door Opener, Garage Faces Side
MLS #10094667
Attached garage2 spaces
FireplaceLiving Room, Wood Burning
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
- Flooring Type: Carpet, Ceramic Tile, Hardwood
- Interior: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Room Over Garage, Separate Shower, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
- Fireplace: Living Room, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Deck, Garage, Garage Door Opener, Garage Faces Side
- Exterior: Deck, Porch Front, Private Entrance, Private Yard, Gutters, Smart Lock(s)
- Architectural Style: Traditional, Transitional, Williamsburg
- Heating: Central, Electric, Forced Air, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Dual, Electric, Heat Pump
- List Price: $825,000
- Price/SqFt: $272
- HOA Amount: $33
- HOA Frequency: Annually
- Annual Tax Amount: $5,099
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Gentle Sloping, Trees, Landscaped, Private
- Directions: North on Capital Boulevard, right on Hwy 98 (Dr Calvin Jones Highway). Left onto Averette Road. Right onto Mill Dam Road. Home on left.
- Year Built: 1996
- Living Area: 3,024 SqFt
- Lot Size: 1.44 Acres
- MLS Number: 10094667
- MLS Name: Doorify MLS
- Office Name: Pate Realty Group
- Office Phone: (919) 669-4575
- Listing Agent: Brian Pate
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 6:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$825,000
5241 Mill Dam Rd
$9,797
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 20, 2015 | Home Sold | $386,000 |
| Oct 20, 2006 | Home Sold | $410,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $817,921 | $5,099 |
| 2023 | $459,051 | $3,599 |
| 2022 | $459,051 | $3,335 |
| 2021 | $459,051 | $3,245 |
| 2020 | $459,051 | $3,192 |
| 2019 | $387,695 | $2,929 |
| 2018 | $387,695 | $2,776 |
History based on county public records data.
Nearby schools
7
Jones Dairy Elementary School
Public District PK-5
2.3 mi
•1100 Jones Dairy Rd
7
Youngsville Elementary School
Public District KG-5
3.3 mi
•125 US I-A
5
Wake Forest Elementary School
Public District PK-5
3.4 mi
•136 W Sycamore Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,603. Most Wake Forest, NC residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
25%
<35k
40%
35k-100k
30%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
24%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Soccer
PGA/LPGA
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Stein Mart
Where do the neighbors go to eat?
Arbys
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
GMC
Lexus
Chevrolet
What do the neighbors listen to?
Adult Hits
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5241 Mill Dam Rd
The listing price of 5241 Mill Dam Rd property is $825,000.
The property 5241 Mill Dam Rd is a house located in Wake Forest, North Carolina, 27587.
Active Listing: 5241 Mill Dam Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5241 Mill Dam Rd are: Jones Dairy Elementary School (GreatSchools Rating 7/10), Youngsville Elementary School (GreatSchools Rating 7/10), Wake Forest Elementary School (GreatSchools Rating 5/10), Envision Science Academy (GreatSchools Rating 9/10), Wake Forest Charter Academy (GreatSchools Rating 5/10), Heritage Middle School (GreatSchools Rating 9/10), Franklin Academy (GreatSchools Rating 9/10), Wake Forest High School (GreatSchools Rating 7/10), Heritage High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $5,099 (source: MLS/based on county public records data).
The last sale was on January 20, 2015 for $386,000 (source: MLS/tax record).
The property at 5241 Mill Dam Rd has 4 bedrooms and 3 full and 1 half bathrooms.
The property 5241 Mill Dam Rd is 3,024 SqFt (source: MLS/tax record).
The year of construction for 5241 Mill Dam Rd is 1996.
This home is located at 5241 Mill Dam Rd in Wake Forest, NC and zip code 27587 in the Millrace neighborhood. This 3,024 square foot home, which was built in 1996, sits on a 1.44 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $825,000.
Over 25 listings were sold over their listed price in April 2025 in Wake Forest, NC. In the same period over 42 listings were sold below the listed price and 39 listings were sold for the listed price. The number of homes for sale in Wake Forest, NC increased by 5.8% between March and April 2025. In April 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $517,660.
From Rocket Homes Real Estate and based on county public records data.