- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$1,325,000
Monthly Est:$6,595
4 Beds
- 4 Baths
3 full baths + 1 half bath
4,348sqft
5300 Ml Dam Rd, Wake Forest, NC 27587
$1,325,000
$6,595/moEst:
Get Pre-Approved
Single Family Residence
Built in 1997
$36.33/mo HOA
2.84 acres lot
$305/sq.ft
Description
Discover the perfect blend of privacy, versatility, and natural beauty in this exceptional waterfront home nestled on 2.84 acres in the sought-after Millrace community. Bordering Austin Creek and overlooking peaceful community ponds, this property offers a tranquil setting while remaining just minutes from the best of Wake Forest. Designed with flexibility in mind, the home features 4 bedrooms, a dedicated home office, and an oversized game room with a wet bar. The thoughtfully designed floor plan includes a main-level primary suite along with two additional first-floor bedrooms, making everyday living convenient for a variety of lifestyles. Upstairs, you'll find another private bedroom, office, and an expansive bonus/game room perfect for entertaining, a home theater, fitness space, or teen retreat. Outside, enjoy the serenity of your private waterfront setting with plenty of room for outdoor recreation, gardening, or simply relaxing while taking in the peaceful views. A spacious 2-car garage provides ample storage and convenience. Despite its secluded feel, this home is just a short drive to Downtown Wake Forest, where you'll enjoy locally owned restaurants, boutiques, coffee shops, and year-round community events. Outdoor enthusiasts will appreciate the nearby Falls Lake Recreation Area, E. Carroll Joyner Park, and Wake Forest's extensive greenway system, while shopping, grocery stores, and everyday conveniences along the Capital Boulevard corridor are all within easy reach. This is a rare opportunity to own a spacious waterfront property that combines the tranquility of country living with the convenience of one of Wake Forest's most desirable locations. Upgrades include HVAC (2022), Radon Mitigation System, Partial Crawlspace Encapsulation, RO Water Filter, Whole House Steam Humidifier.
- Houzeo last checked: 5 minutes ago
- Listing updated: September 26, 2026 at 7:39 pm
- Listing Provided by: Michael Ulrich (919) 802-7282 | AMG Realty LLC (919) 809-2860
- Source: Doorify MLS-NC | MLS#: 10179572

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1997
HOA Fees
$36.33/mo
Finished Area
4,348 sqft
Lot Size
2.84 acres lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10179572
MLS Status
Pending

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Location
HOA Management
Millrace HOA
HOA Fees
$436/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Cabana
Pond Year Round
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Exterior Features
Fenced Yard, Private Yard, Rain Gutters
Sewer
Septic Tank
Flooring
Hardwood, Tile
Appliances
Bar Fridge, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Propane Cooktop, Range Hood, Refrigerator, Wall Oven, Water Purifier Owned
Window Features
Plantation Shutters
Interior Features
Bar, Bathtub/shower Combination, Built In Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat In Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Radon Mitigation, Recessed Lighting, Separate Shower, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk In Closet(s), Walk In Shower, Water Closet, Wet Bar
Cooling
Ceiling Fan(s), Central Air, Electric, Heat Pump
Heating
Central, Electric, Forced Air, Heat Pump
Construction
Year Built
Year Built: 1997
Home type
Single Family Residence
Construction Materials
Fiber Cement, Stone
Architectural Style
Transitional
Roof
Architectural Shingle
Utilities & Energy
Association Amenities
Cabana, Maintenance Grounds, Pond Year Round
Laundry Features
In Unit, Laundry Room, Main Level
Utilities
Cable Connected, Electricity Connected, Natural Gas Available, Septic Connected, Water Connected
Water Source
Community Water
Parking Features
Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
Fireplace Features
Family Room, Propane
Other Features
Lot Features
Back Yard, Front Yard, Hardwood Trees, Landscaped, Level, Many Trees, Pond On Lot, Views, Waterfront, Wooded
Subdivision Name
Millrace
Community Features
Fishing, Lake
Disclosures
Seller Disclosure
Patio And Porch Features
Covered, Front Porch, Patio, Screened
Vegetation
Partially Wooded
Price History
| Date | Event | Price |
|---|---|---|
09/26/2026 Source: | Pending | $1,325,000 $305/sqft |
07/28/2026 Source: | Price Decreased | $1,325,000 -1.84% $305/sqft |
07/11/2026 Source: | Listed for Sale | $1,349,900 $310/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Oct 08, 2026, 06:30PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.
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