$5,463 Closing Credit¹
#664813, Cinnamon Reed, Listing office: KELLER WILLIAMS REALTY GULF COAST
$525,000 List price
2863 Wallace Lake Rd Pace, FL 32571
$6,234
Closing credit¹
4 beds
3 full
2,226 sqft
1.0 acres
$236 / sqft
House
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 pavillion that is perfect for hosting parties or nights by the fire.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,226 sqft
Lot size1.01 Acres
Year built2005
Parking2 Car Garage
MLS #662794
Attached garage2 spaces
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: $525,000
- Price/SqFt: $235
- 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
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
2863 Wallace Lake Rd
$6,234
closing credit¹
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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. Most Pace, FL residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
47%
35k-100k
31%
100k-200k
10%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
21%
Single, No Kids
8%
Single, with Kids
37%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
PGA/LPGA
Where do the neighbors shop?
BJs Wholesale Club
Best Buy
Stein Mart
Where do the neighbors go to eat?
Panera
Texas Roadhouse
Cracker Barrel
What do the neighbors drive?
Infiniti
Ram
Lexus
What do the neighbors listen to?
Adult Hits
Contemporary Christian
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2863 Wallace Lake Rd
The listing price of 2863 Wallace Lake Rd property is $525,000.
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 $525,000.
Pace, FL housing market in May 2025 saw over 13 listings sold above listed price, more than 24 sold at listed price and over 19 sold below. The inventory of homes for sale in Pace, FL between April and May 2025 increased by 13.9%. While the average time on the market in May 2025 was 86 days, the median list price was $325,717.
From Rocket Homes Real Estate and based on county public records data.