Sold
Last Sold Price
205,254 Lot Size4.71 Acres
2388 Wallace Lake Rd, Pace, FL 32571
LandProperty Type
4.71 acresLot Size

Description

Extremely rare 4.7 acre parcel with creek on wallace lake road! This parcel is located just around the corner from Renfroe Road making this an easy route to Quintette Rd & Pace 5Pts. Located in the heart of town and surrounded by all new custom built residential homes on large parcels! Ten Mile Creek runs along the backside of property offering a natural buffer with wildlife galore right in your backyard! Schedule your showing today!Extremely rare 4.7 acre parcel with creek on wallace lake road! This parcel is located just around the corner from Renfroe Road making this an easy route to Quintette Rd & Pace 5Pts. Located in the heart of town and surrounded by all new custom built residential homes on large parcels! Ten Mile Creek runs along the backside of property offering a natural buffer with wildlife galore right in your backyard! Schedule your showing today!
  • Listed by: Taylor Dover Bryan • Woodlands & Homes, LLC
Listing closed: 06/23/2025 12:00 AM • Source: PENSACOLA, MLS#: 659647

Recent comparable sales

Median sold price

$120,000

Avg days on market

123

Sale-to-list ratio

93.7%

Pace, FL

9 comparable properties found

$145,000 | 0 Serenity Spring Drive, Pace, FL 32571
1/7
1

$145,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.19
Acres
$165,000 | 2211 10 Mile Road, Pace, FL 32571
1/14
2

$165,000

Sold 11/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.37
Acres
$139,900 | Lot 4 Wallace Lake Road, Pace, FL 32571
1/3
3

$139,900

Sold 09/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
$120,000 | Lot 5 Wallace Lake Road, Pace, FL 32571
1/3
4

$120,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
$110,000 | Lot 1 Wallace Lake Road, Pace, FL 32571
1/4
5

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$110,000 | Lot 2 Wallace Lake Road, Pace, FL 32571
1/3
6

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$110,000 | Lot 3 Wallace Lake Road, Pace, FL 32571
1/3
7

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
a view of a house with yard and lake view
1/30
8

$117,500

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.11
Acres
$155,000 | Br Lot 36 Buffalo Ridge Road, Pace, FL 32571
1/20
9

$155,000

Sold 04/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.00
Acres

Location

Listing Courtesy of Woodlands & Homes, LLC

Sold By KELLER WILLIAMS REALTY GULF COAST

Add your commute

Payment Calculator

$834 per month

30 year fixed, 6.71% Interest

Principal and Interest

$723

Property Taxes

$111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2388 Wallace Lake Road

Property Details
Building Information
  • Lot Size: 4.71 AC
Summary
Location and General Information
  • Directions: Take Quintette Rd to Wallace Lake Road
  • Latitude: 30.683899
  • Longitude: -87.222579
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: Brief Legal Description *DESCRIPTION UPDATED FOR 2024* COM AT NE CORNER OF SECTION 14 TOWNSHIP 2 NORTH RANGE 30 WEST THN S3*13'57"W ALONG E SEC LN 3079.38 FT THN N86*46'03"W 2191.68 FT TO C/L OF A CREEK FOR POB THN S61*52'53"W 22 FT +/- TO PT "A" THN CONTINUE 795.23 FT TO NE R/W OF WALLACE LAKE RD THN N29*54'02"W ON RD 148 FT THN N28*05'14"W ON R/W 102.08 FT THN N61*52'53"E 806.35 FT TO PT LYING N26*36'48"W & 250.09 FT FRM PT "A" THN CONTINUE N61*52'53"E 36 FT +/-TO C/L OF CREEK THN MEANDER SELY ALNG CREEK 253 FT +/- TO POB ALSO KNOWN AS LOT 38 OF AN UNREC SUB AS DES IN OR 4448 PG 217
  • 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 Size Dimensions: 795x250
  • Road Frontage Type: County Road
  • Horse: No
Property and Assessments
  • Documents Available: Survey
  • Documents Count: 0
  • Parcel Number: 142N300000001150000
  • Photos Count: 14
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 2388 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Jun 23, 2025

Sold

PENSACOLA #659647

$140,000
Jun 20, 2025

Sold (Public Record)

Public Record #1904678187

$140,000

+14.0% / yr

May 27, 2025

In Contract

PENSACOLA #659647

DateEvent & SourcePrice
06/23/2025

Sold

PENSACOLA #659647

$140,000
06/20/2025

Sold (Public Record)

Public Record #1904678187

$140,000

+14.0% / yr

05/27/2025

In Contract

PENSACOLA #659647

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

Public Records for 2388 Wallace Lake Road

Taxable ValueLand$112,812Additions-Total$112,812
Tax Record2025$1,334 ($111 / month)
Home Facts
Beds0Lot Size206,474 SqFtStyleMiscellaneous Vacant LandZoningAG-RRCountySANTA ROSAAPN14-2N-30-0000-00115-0000

Schools near 2388 Wallace Lake Road

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

Pace High School
Public9 to 12

COASTAL CONNECTIONS ACADEMY-8004
CharterK to 5

ESE Development Center
Public12

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: 2388 Wallace Lake Road, Pace, FL 32571
$140,000
205,254
$165,000
246,549
$254,051
3
49,440
$96,900
205,254
188,179
$74,000
234,788

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 Woodlands & Homes, 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.