#664813, Cinnamon Reed, Listing office: KELLER WILLIAMS REALTY GULF COAST
2863 Wallace Lake Rd Pace, FL 32571
Property details
About 2863 Wallace Lake Rd
Located in Tamrell Forrest on 1 full ACRE with NO homeowners association. This all brick split floor plan home comes with 4 bedrooms and 3 full baths. The Foyer welcomes you in to this flexible floor plan that offers a Formal Dining Room and a flexible Office/4th Bedroom. The Living Room boast cathedral ceilings. High ceilings carry into the open and bright Kitchen with breakfast nook, breakfast bar. To the right of the home is the private Master Bedroom with trey ceiling and french doors to the covered patio. The Master bath offers double vanities, garden tub and separate shower, water closet and large walk-in closet. The opposite side of the home has 2 additional bedrooms and two full baths. The main areas of the home have brand new tile flooring. The covered patio looks out to the expansive privacy fenced back yard with the outdoor pavilion that is perfect for hosting parties or nights by the fire.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Microwave, Dishwasher, Disposal, Refrigerator
- Flooring Type: Tile, Carpet
- Interior: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Plant Ledges, Vaulted Ceiling(s), Office/Study
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: 2 Car Garage
- Exterior: Lawn Pump, Rain Gutters
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $495,000
- Price/SqFt: $222
- Annual Tax Amount: $3,244
- Tax Year: 2023
- Directions: Turn Left off of Chumuckla Hwy on to Wallace Lake Rd at the red light with Piggly Wiggly. Follow Wallace lake road fro approx. .5 mile and property will be on the left hand side.
- Year Built: 2005
- Stories: 1
- Living Area: 2,226 SqFt
- Lot Size: 1.01 Acres
- MLS Number: 662794
- MLS Name: Pensacola MLS
- Office Name: EXP Realty, LLC
- Office Phone: (888) 883-8509
- Listing Agent: Haley Hamaker
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 12, 2021 | Home Sold | $395,500 |
Jun 03, 2019 | Home Sold | $278,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $287,340 | $3,244 |
2022 | $287,772 | $3,280 |
2021 | $216,543 | $3,280 |
2019 | $177,951 | $2,437 |
2017 | $145,221 | $1,460 |
History based on county public records data.
Nearby schools
6
S. S. Dixon Intermediate School
Public District 3-5
3.7 mi
•5540 Education Dr
7
Berryhill Elementary School
Public District PK-5
5.6 mi
•4900 Berryhill Rd
8
Chumuckla Elementary School
Public District PK-6
7.0 mi
•2312 Highway 182
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 $86,700. Residents of Pace, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 2863 Wallace Lake Rd
The listing price of 2863 Wallace Lake Rd property is $495,000.
The property 2863 Wallace Lake Rd is a house located in Pace, Florida, 32571.
Active Listing: 2863 Wallace Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2863 Wallace Lake Rd are: S. S. Dixon Intermediate School (GreatSchools Rating 6/10), Berryhill Elementary School (GreatSchools Rating 7/10), Chumuckla Elementary School (GreatSchools Rating 8/10), Thomas L. Sims Middle School (GreatSchools Rating 8/10), Hobbs Middle School (GreatSchools Rating 4/10), Martin Luther King Middle School (GreatSchools Rating 4/10), Pace High School (GreatSchools Rating 6/10), Santa Rosa Virtual Franchise (GreatSchools Rating 8/10), Santa Rosa Adult School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,244 (source: MLS/based on county public records data).
The last sale was on August 12, 2021 for $395,500 (source: MLS/tax record).
The property at 2863 Wallace Lake Rd has 4 bedrooms and 3 bathrooms.
The property 2863 Wallace Lake Rd is 2,226 SqFt (source: MLS/tax record).
The year of construction for 2863 Wallace Lake Rd is 2005.
This home is located at 2863 Wallace Lake Rd in Pace, FL and zip code 32571 in the Wallace neighborhood. This 2,226 square foot home, which was built in 2005, sits on a 1.01 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $495,000.
Pace, FL housing market in June 2025 saw over 7 listings sold above listed price, more than 10 sold at listed price and over 33 sold below. The number of listings in Pace, FL increased by 7.5% between May and June 2025. While the average time on the market in June 2025 was 48 days, the median list price was $328,508.