Residential > House
Active
10/02/2025
List Price
$1,350,000$293/ft²
5316 Mill Dam Rd
Wake Forest, NC 27587
- 4Beds
- 4Baths
- 4,614ft²Living Area
- 4.4acLot Size
- -Pool
- -Car
- 1997Year Built
- 32DOM
- 7Permits
5316 Mill Dam Rd, Wake Forest, NC 27587 is a 4 bed, 4 bath, 4,614 ft² house built in 1997 on a 4.350 acre lot with 7 construction permits. This house is currently for sale for $1,350,000, and it was last sold in 2021 for $900,000. The latest TopHap estimate of the house's value is $1,156,836.
Property Valuations
Latest estimates for 5316 Mill Dam Rd based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,156,836
$253/ft²
-$193K below List Price
Updated 9 months ago
5316 Mill Dam Rd is valued at $1,156,836 by TopHap AVM 9 months ago.
MLS Description
The listing agent's description. Original Listing
Exclusive Wake Forest Lakefront Estate Discover refined lakefront living with this private 4.35-acre retreat in Wake Forest, offering 4,614 sq. ft. of beautifully designed space, along with a 4 car garage! This is a four bedroom home that lives like a five bedroom home! Blending timeless craftsmanship with thoughtful updates, this custom-built estate delivers both luxury and peace of mind. Major upgrades include a new roof in 2018 and a tankless water heater 2024 ensuring modern comfort and long-term value. Crown molding, custom trim, and fresh paint throughout highlight the home's attention to detail. The heart of the home features an updated kitchen with quartz counters with waterfall island, quartz slab back splash, custom cabinetry, premium fixtures, and an effortless flow for entertaining. The hardwood floors continue to the first-floor primary suite is a true sanctuary, and a fully renovated spa-inspired bathroom with dual shower heads and even a cedar closet space! Adjoining the primary is an elegant private office. A formal dining completes this estate with enough seating for 8 guests comfortably. Soaring ceilings and walls of windows in the two-story great room flood the home with natural light and frame breathtaking views of the lake. Upstairs, 3 bedrooms, of which one has en suite bath, PLUS a spacious loft provide private havens for family or guests! A separate Bonus Wing with its own entry and staircase offers unmatched flexibility-ideal for multigenerational living, a guest retreat, or a home-based business. Here you will find another bedroom and loft area with a dinette kitchen!!! Outdoor living is elevated with a covered porch, hot tub, fire pit, and private dock, all set against the backdrop of serene lakefront scenery. The four-car garage includes one bay that is fully heated and cooled-perfect for a workshop, studio, or climate-sensitive storage. 12x18 shed on permanent foundation. All of this just minutes from Wake Forest's shopping, dining, and parks-an extraordinary estate where luxury and convenience meet.
Listing Agents
The listing agent for 5316 Mill Dam Rd is Michael Ulrich.
MU
Michael Ulrich
AMG Realty LLC
Phone: (919) 809-2860
Permits
5316 Mill Dam Rd has 7 permit records.
Permit History
7
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$7,379.42From latest Total Assessed Value0.62%Total Assessed Value$1,185,093=Land+
Assessed Value$294,000Additions
Assessed Value$891,093
In 2024, taxes billed for 5316 Mill Dam Rd were $7,379.42, which is 0.62% from latest Total Assessed Value of $1,185,093.
Property History
5316 Mill Dam Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5316 Mill Dam Rd
Hazard Risks
Hurricane203Weather145Wind104Nat'l Avg100Hail97Particulates90Ozone83Air Pollution77Tornado76Carb Mono68Lead47Earthquake39
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5316 Mill Dam Rd.
Walkability Index
6 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5316 Mill Dam Rd has a walkability score of 6 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
53°F
Summer
Average
Low
66°F
High
88°F
In the winter at 5316 Mill Dam Rd, temperatures range from 30.71°F to 52.58°F with an average of 41.65°F. In the summer, the temperature ranges from 66.04°F to 87.76°F with and average of 76.9°F.
School Information
Public/private schools serving 5316 Mill Dam Rd
Public Schools
Wake Young Men's Leadership Academy
Grades: 6-12
17.10 mi
A-
Wake Forest High School
Grades: 9-12
3.70 mi
B-
Wake Forest Middle School
Grades: 6-8
4.75 mi
C+
Sanford Creek Elementary School
Grades: PK-5
3.56 mi
C+
Wake Early College of Health and Science
Grades: 9-12
15.35 mi
A+
Wake STEM Early College High School
Grades: 9-12
18.70 mi
A+
Wake Young Women's Leadership Academy
Grades: 6-12
18.13 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5316 Mill Dam Rd have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Millrace, Wake Forest, NC 27587.
Seasonal Housing units 27587
17%of housing is for seasonal rent.
Daytime Population for 27587
-8%of people during work hours.
Crime Index for 27587
66
66
The crime index in 27587 is 66, which is 0.7 times lower than national average.
Market Trends
Historical market data near 5316 Mill Dam Rd over selected time period.
Nearby Properties on Mill Dam Rd
- 5209 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,031 square foot, 3 bathroom, 2.86 acre property. It was built in 1995 and has an estimate of $1,055,795 with a price per ft² of $262.
- 5308 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,287 square foot, 3 bathroom, 5.03 acre property. It was built in 1996 and has an estimate of $1,266,839 with a price per ft² of $296.
- 5229 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,685 square foot, 3 bathroom, 1.98 acre property. It was built in 1996 and has an estimate of $920,918 with a price per ft² of $250.
- 5241 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,392 square foot, 3 bathroom, 1.44 acre property. It was built in 1996 and has an estimate of $729,891 with a price per ft² of $215.
- 5245 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 2,826 square foot, 3 bathroom, 1.6 acre property. It was built in 1995 and has an estimate of $935,210 with a price per ft² of $331.
- 5240 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,328 square foot, 3 bathroom, 2.05 acre property. It was built in 1996 and has an estimate of $961,664 with a price per ft² of $289.
- 5252 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 5,167 square foot, 3 bathroom, 1.89 acre property. It was built in 1997 and has an estimate of $930,839 with a price per ft² of $180.
- 5256 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,380 square foot, 3 bathroom, 2.15 acre property. It was built in 1995 and has an estimate of $1,027,339 with a price per ft² of $235.
- 5257 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,690 square foot, 3 bathroom, 2.26 acre property. It was built in 1995 and has an estimate of $1,071,673 with a price per ft² of $290.
- 5260 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,702 square foot, 3 bathroom, 1.47 acre property. It was built in 1997 and has an estimate of $934,839 with a price per ft² of $253.
- 5305 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,211 square foot, 3 bathroom, 2.81 acre property. It was built in 1996 and has an estimate of $877,080 with a price per ft² of $208.
- 5228 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 2,780 square foot, 2 bathroom, 3.07 acre property. It was built in 2001 and has an estimate of $742,940 with a price per ft² of $267.
- 5341 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,893 square foot, 3 bathroom, 2.56 acre property. It was built in 2000 and has an estimate of $924,152 with a price per ft² of $237.
- 5348 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,765 square foot, 3 bathroom, 3.76 acre property. It was built in 1996 and has an estimate of $1,001,743 with a price per ft² of $266.
- 5300 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,856 square foot, 3 bathroom, 2.84 acre property. It was built in 1997 and has an estimate of $1,030,321 with a price per ft² of $267.
- 5317 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,425 square foot, 3 bathroom, 2.41 acre property. It was built in 1996 and has an estimate of $854,952 with a price per ft² of $250.
- 5340 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,753 square foot, 3 bathroom, 3.01 acre property. It was built in 2007 and has an estimate of $1,136,505 with a price per ft² of $303.
- 5361 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,442 square foot, 3 bathroom, 3.29 acre property. It was built in 1998 and has an estimate of $1,061,280 with a price per ft² of $308.
- 5364 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,778 square foot, 3 bathroom, 4.1 acre property. It was built in 2014 and has an estimate of $923,594 with a price per ft² of $244.
- 5332 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,667 square foot, 3 bathroom, 1.5 acre property. It was built in 1999 and has an estimate of $905,931 with a price per ft² of $247.
- 5205 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 8,144 square foot, 3 bathroom, 1.8 acre property. It was built in 2000 and has an estimate of $1,325,214 with a price per ft² of $163.
- 5309 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,226 square foot, 3 bathroom, 2.85 acre property. It was built in 1997 and has an estimate of $713,980 with a price per ft² of $221.
- 5345 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,621 square foot, 3 bathroom, 2.42 acre property. It was built in 1999 and has an estimate of $1,063,995 with a price per ft² of $230.
- 5328 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 3,427 square foot, 3 bathroom, 2.8 acre property. It was built in 2001 and has an estimate of $1,278,167 with a price per ft² of $373.
- 5349 Mill Dam Rd, Wake Forest, NC 27587 (Millrace) is a 4,189 square foot, 3 bathroom, 2.68 acre property. It was built in 2000 and has an estimate of $1,116,106 with a price per ft² of $266.
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