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Back 5241 Mill Dam Road
Off Market

5241 Mill Dam Road

Wake Forest NC 27587

4
4
6
3024 sq. ft.
62726.4 sq. ft.
Single-Family
Last sold for $750,000
Brian PateBrian Pate, last sold this property on 15 September 2025 after 122 days on market.

Overview

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.

Features

4 bedrooms
4 bathrooms
6 carspaces
2 garage spaces
3024 sq. ft. floor area
62726.4 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Wake Forest over the last 12 months, the estimated median property value of 5241 Mill Dam Road is $619.33k.

Median value
$619.33k
Estimated value range
$245k - $2.6m
Median days on market
32
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Wake Forest. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5241 Mill Dam Road

2025
Sold
$750,000
15 Sep 2025 by Brian Pate, of Pate Realty Group
2015
Sold
$386,000
22 Jan 2015 by Jennifer Smith, of Southern Dream Homes
2013
Rented
Undisclosed
01 Nov 2013 by First Place Real Estate Group

Happy sellers in Wake Forest

80%
80% of sellers in Wake Forest reported that their sale price either exceeded or met their price expectations.

Wake Forest stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Wake Forest over the last 12 months.

Local market activity for 4 bedroom single-family properties in Wake Forest

In the last 12 months, 542 four-bedroom single-family properties similar to 5241 Mill Dam Road, have been sold.

This represents a 17% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wake Forest

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Garrett Hazen

Garrett Hazen is an award winning recommended agent for Wake Forest.  They have 10 local sales and collected 9 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  9 Reviews in Wake Forest
  •  10 Sales in Wake Forest
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Amber Lehman

Amber Lehman is an award winning recommended agent for Wake Forest.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   5   (26 reviews)
  •  5 Reviews in Wake Forest
  •  6 Sales in Wake Forest
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Brandy Nemergut

Sellers who recommend Brandy Nemergut have praised them for being responsive, clear communication, local expert, supportive, detail-oriented, well-prepared, and friendly

  •   5   (73 reviews)
  •  4 Reviews in Wake Forest
  •  2 Sales in Wake Forest
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Rachel Rapacz

Rachel Rapacz is a recommended agent for Wake Forest.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (22 reviews)
  •  3 Reviews in Wake Forest
  •  3 Sales in Wake Forest
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