Last Sold Price
45,302 Lot Size1.04 Acres
0 Wallace Lake Rd, Pace, FL 32571

Description

Beautiful wooded 1.04 acre lot located in Tamrell Forest. Build your dream home here in this lovely neighborhood where homes sit on large spacious lots of at least one acre with NO HOA! OR purchase along with the home next door for a total of 2.09 acres with a 3,541 sq. ft. home! Owner is also selling the home located next door at 3093 Wallace Lake Rd. (Parcel: 18-2N-0000-00507-0000) MLS 665872. Purchase together for an even better deal!Beautiful wooded 1.04 acre lot located in Tamrell Forest. Build your dream home here in this lovely neighborhood where homes sit on large spacious lots of at least one acre with NO HOA! OR purchase along with the home next door for a total of 2.09 acres with a 3,541 sq. ft. home! Owner is also selling the home located next door at 3093 Wallace Lake Rd. (Parcel: 18-2N-0000-00507-0000) MLS 665872. Purchase together for an even better deal!
LISTING CLOSED: 08/15/2025 12:00 AM

  1. Listed by Kelley Dennis • Key Impressions LLC

Property Details for 0 Wallace Lake Road

Status
MLS #
665882
Days on Market
51
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Land/Acreage
Year Built
-
Lot Size
1.04 AC

Recent comparable sales

Median sold price

$62,500

Avg days on market

44

Sale-to-list ratio

91.8%

Pace, FL

9 comparable properties found

$64,000 | 0 Regency Drive, Pace, FL 32571
1/2
1

$64,000

Sold 02/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$60,000 | Mayo Circle, Pace, FL 32571
1/7
2

$60,000

Sold 11/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$68,000 | 0 West Spencer Field Road, Pace, FL 32571
1/2
3

$68,000

Sold 03/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
$62,000 | 5557 Sunkist Circle, Pace, FL 32571
1/2
4

$62,000

Sold 01/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.32
Acres
$62,500 | Lot 1 Giddens Lane, Pace, FL 32571
1/2
5

$62,500

Sold 08/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
$62,500 | Lot 2 Giddens Road, Pace, FL 32571
1/2
6

$62,500

Sold 08/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
$60,000 | 5761 Windermere Trace, Pace, FL 32571
1/14
7

$60,000

Sold 06/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.52
Acres
$60,000 | 0 Jubilee Drive, Pace, FL 32571
1/9
8

$60,000

Sold 12/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
a view of a swimming pool with a bench and trees around
1/16
9

$85,000

Sold 07/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.44
Acres

Location

Add your commute

Building Information for 0 Wallace Lake Road

Lot Size1.04 AC

Payment Calculator

$356 per month

30 year fixed, 6.55% Interest

Principal and Interest

$356

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Wallace Lake Road

Summary
Location and General Information
  • Directions: Take Chumuckla Hwy North to left on Wallace Lake Rd
  • Latitude: 30.6304
  • Longitude: -87.1599
  • Subdivision Name: Tamrell Forest
Taxes and HOA Information
  • Tax Legal Description: Lengthy - In file
  • Assn: NONE
School Information
  • Elementary School: Wallace Lake K-8
  • High School: Central
  • Middle Or Junior School: WALLACE LAKE K-8
Property
Lot Information
  • Lot Features: Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Horse: No
Property and Assessments
  • Current Use: See Remarks
  • Documents Count: 3
  • Parcel Number: 182N290000005400000
  • MISCELLANEOUS: CONVENANTS
  • Photos Count: 16
Utilities
  • Sewer: None
  • Water Source: None
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 0 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Sold

PENSACOLA #665882

$70,000
Jul 31, 2025

Pending

PENSACOLA #665882

Jun 10, 2025

Listed (Active)

PENSACOLA #665882

$70,000
DateEvent & SourcePrice
08/15/2025

Sold

PENSACOLA #665882

$70,000
07/31/2025

Pending

PENSACOLA #665882

06/10/2025

Listed (Active)

PENSACOLA #665882

$70,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Wallace Lake Road

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
S. S. Dixon Primary School
PublicPK to 2

S. S. Dixon Intermediate School
Public3 to 5

Thomas L Sims Middle School
Public6 to 8

Pace High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 0 Wallace Lake Road, Pace, FL 32571
$70,000
45,302
$60,000
20,037
$23,000
6,534
$200,000
264,844
$340,000
661,240
$185,000
218,235

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Key Impressions LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.