Last Sold Price
263,102 Lot Size6.04 Acres
1 Wallace Lake Rd, Pace, FL 32571

Description

Tucked away in the highly sought-after Wallace Lake area, this beautiful 6-acre property offers the perfect blend of privacy and convenience. Surrounded by mature hardwoods and towering pines, the wooded setting provides a peaceful, natural backdrop for your dream home. With no HOA restrictions, you’ll have the freedom to design and enjoy your property as you wish. Despite its secluded feel, this parcel is just minutes from shopping, dining, and top-rated schools — offering the ideal balance of country...Tucked away in the highly sought-after Wallace Lake area, this beautiful 6-acre property offers the perfect blend of privacy and convenience. Surrounded by mature hardwoods and towering pines, the wooded setting provides a peaceful, natural backdrop for your dream home. With no HOA restrictions, you’ll have the freedom to design and enjoy your property as you wish. Despite its secluded feel, this parcel is just minutes from shopping, dining, and top-rated schools — offering the ideal balance of country living and modern convenience.
LISTING CLOSED: 07/31/2026 12:00 AM

  1. Listed by Shane Thomas • Levin Rinke Realty • shanet@levinrinkerealty.com

Property Details for 1 Wallace Lake Road

Status
MLS #
672003
Days on Market
262
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Land/Acreage
Year Built
-
Lot Size
6.04 AC
Zoning Description
Agricultural,Res Single

Location

Listing Courtesy of Levin Rinke Realty

Sold By Nexthome Momentum Realty

Add your commute

Building Information for 1 Wallace Lake Road

Lot Size6.04 AC

Payment Calculator

$991 per month

30 year fixed, 6.55% Interest

Principal and Interest

$991

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1 Wallace Lake Road

Summary
Location and General Information
  • Directions: From Chumuckla Hwy, Head West on Wallace Lake Rd, turn left on charming rd. Follow road to end of fence line, turn left and go straight
  • Latitude: 30.67848132
  • Longitude: -87.22147582
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: (*NEW PARCEL FOR 2012 ROLL:) COMM AT TH SE COR OF SEC THN N86*39'03"W 1486.97 FT TO POB THN CONT 921.71 FT THN N03*20'57"E 654.71 FT THN S44*07'14"E 548.70 FT THN S57*54'13"E 590.08 FT TO POB TOG/W A 40 FT WIDE STRIP OF LAND FOR ING/EGR/UTILITIES AS DES IN OR 3094 PG 1900 (PARCEL A-S, OUT OF #1.3)
  • Association: No
  • 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: Interior Lot, No Improvements
  • Lot Size Dimensions: 651x1126
  • Road Frontage Type: Easement
  • Road Surface Type: Unimproved
  • Horse: No
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 142N300000001120000
  • MISCELLANEOUS: CONVENANTS, EASEMENT
  • Photos Count: 5
Utilities
  • Sewer: None
  • Utilities: Natural Gas Not Available
  • Water Source: None
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 1 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Sold

PENSACOLA #672003

$195,000
Jun 27, 2026

In Contract

PENSACOLA #672003

Jun 26, 2026

Pending

PENSACOLA #672003

DateEvent & SourcePrice
07/31/2026

Sold

PENSACOLA #672003

$195,000
06/27/2026

In Contract

PENSACOLA #672003

06/26/2026

Pending

PENSACOLA #672003

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

Schools near 1 Wallace Lake Road

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - K to 5
Rating
School
Distance
Pace K-8
PublicPK to 8

Pace High School
Public9 to 12

East Bay K-8
PublicPK to 8

COASTAL CONNECTIONS ACADEMY-8004
CharterK to 5

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: 1 Wallace Lake Road, Pace, FL 32571
$195,000
263,102
$75,000
1
1
864
261,360
3
2
2,003
144,619
$752,000
5
3,012
102,801
3
2
1,748
145,926
$115,000
3
3
4,198
344,124

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 Levin Rinke Realty

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.