$1,200,000
SOLD APR 28, 2026

5205 Mill Dam Rd Wake Forest, NC 27587

4 Beds
6 Baths
7,789 Sq Ft
2 Acres Lot

Sale Details

Date Sold: April 28, 2026

$154 Per Sq Ft

14% Below List Price

145 on Market

Highlights

  • Lake Front
  • 2 Acre Lot
  • Wood Flooring
  • Richland Creek Elementary School Rated A-
  • Traditional Architecture
  • Granite Countertops

About This Home

As of April 2026

Stunning Lakefront Estate with 7-Car Garage, Workshop, and Distinctive Architecture Design - 7789 Sq Ft
Welcome to your dream lakefront retreat! This exceptional 7,789FS custom home blends luxury living with practical design, offering everything you need for comfort, creativity, and entertaining.
Step outside to your private oasis featuring a newly completed paver patio with stone wall accents and romantic string lighting. A welcoming gathering space centered around a fire pit, offering the perfect spot for entertaining and staying toasty through every season. Unwind in the gazebo with a hot tub, or relax in the sunroom with heated floors, skylights, and a full wall of windows showcasing a private courtyard.
Car enthusiasts and hobbyists will love the 7-car garage and a spacious workshop with two dedicated 240V outlets—ideal for a planner, pottery kiln, or other equipment. An additional attached storage shed with a bay door offers even more space for tools and toys.
Inside, the home boasts thoughtful design and upscale touches throughout. The butler pantry walk-in makes entertaining seamless, while the kitchenette near the living room adds extra convenience. Enjoy two striking fireplaces: a 72-inch linear fireplace set in a floor-to-ceiling stone wall in the living room and a 36x36 fireplace with a custom wall mantle that adds warmth and character. The first-floor master suite offers privacy and comfort, and master bathroom features double shower heads and a jacuzzi tub. Additional highlights include:
Lake-fed irrigation for effortless landscaping
Two fully encapsulated crawlspaces, both with dehumidifiers and sump pumps
Newly insulated crawlspace doors, garage doors and two attics for energy saving Large flex space with a full bath set up above 4-car garage can be used as in-law suite
Two walk-in attics provide substantial storage or potential for expansion
Whether you're an entertainer, craftsman, car collector, or someone seeking peace by the water, this one-of-a-kind home offers the perfect blend of sophistication, space, and setting.

Last Agent to Sell the Property

Jo Smith

Northside Realty Inc. License #251825 Listed on: 10/17/2025

Northside Realty Inc.

Co-Listed By

Richard Smith

Northside Realty Inc. License #73887

Last Buyer's Agent

Gerardo Silvestri

DASH Carolina License #297110

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,416

Year Built

  • Built in 2000

Lot Details

  • 2 Acre Lot
  • Lake Front

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 7 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 7,789 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Ceiling Fan
  • Fireplace
  • Unfinished Attic

Kitchen

  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Smart Irrigation
  • Rain Gutters

Community Details

  • Mill Race HOA, Phone Number (919) 723-8496
  • Mill Race Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1861.03-01-1026 0214378

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,416

Year Built

Built in 2000

Lot Details

2 Acres

HOA Fees

$35 per month

Parking

7

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Reso Association Fee Includes: None
  • Co List Office Phone: 919-784-0101
  • Subdivision Name: Mill Race
  • Above Grade Finished Sq Ft: 7789.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Built-in Features, Bookcases, Ceiling Fan(s), Crown Molding, Granite Counters, Butler's Pantry
  • Appliances: Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Washer, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Rain Gutters, Smart Irrigation
  • Acres: 2.0
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Brick, Fiber Cement, Stone
  • Foundation Details: Crawlspace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 7.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 416.0
  • Association Fee Frequency: Annually
  • Association Name: Mill Race HOA
  • Phone: 919-723-8496
  • Association: Yes

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1861.03-01-1026 0214378

Tax Info

  • Tax Annual Amount: 8416.35
  • Tax Year: 2024
  • Tax Map Number: 1

MLS Schools

  • Elementary School: Wake - Richland Creek

3D Interior and Exterior Tours

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Hackeman Calvin L and The Hackeman Trust
Bought by
Wyant Landon Glenn and Wyant Yijing Teng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Outstanding Balance
$118,107
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$1,248,957

Purchase Details

Closed on
Sep 23, 2019
Sold by
Hackeman Calvin L
Bought by
The Hackeman Trust

Purchase Details

Closed on
Apr 4, 2013
Sold by
Hackeman Calvin L and Hunsley Eric A
Bought by
Hackeman Cakvub L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Interest Rate
2.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bond Edward Griffith and Bond Teresa Bunch
Bought by
Hackeman Calvin L and Hunsley Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2000
Sold by
Zaring Homes Inc
Bought by
Bond Edward Griffith and Bond Teresa Bunch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.96%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Natural Resource Conservancy Co
Bought by
Zaring Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $755,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $458,000 None Available
Warranty Deed $382,500 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $131,100 New Conventional
Open $548,250 New Conventional
Previous Owner $514,000 New Conventional
Previous Owner $359,650 Fannie Mae Freddie Mac
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 Sold $1,200,000 -14.3% $154 / Sq Ft
03/11/2026 03/11/26 Pending -- -- --
10/17/2025 10/17/25 For Sale $1,400,000 -- $180 / Sq Ft
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,416 $1,312,750 $231,000 $1,081,750
2024 $8,172 $1,312,750 $231,000 $1,081,750
2023 $6,519 $833,468 $132,000 $701,468
2022 $6,039 $833,468 $132,000 $701,468
2021 $5,877 $833,468 $132,000 $701,468
2020 $5,779 $833,468 $132,000 $701,468
2019 $6,102 $744,723 $94,500 $650,223
2018 $5,608 $744,723 $94,500 $650,223
2017 $5,315 $744,723 $94,500 $650,223
2016 $5,207 $744,723 $94,500 $650,223
2015 $5,696 $817,283 $161,000 $656,283
2014 -- $817,283 $161,000 $656,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10128160

Doorify MLS

APN: 1861.03-01-1026-000

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