2428 Wallace Lake Road
Description
Listing Agent
Recent comparable sales
Median sold price
$140,000
Avg days on market
213
Sale-to-list ratio
90.2%
Pace, FL
9 comparable properties found
$76,000
Sold 01/16/26
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 5.2
- Acres
$65,000
Sold 03/20/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 1.31
- Acres
$90,000
Sold 06/05/26
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 1.21
- Acres
$140,000
Sold 06/23/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 4.71
- Acres
$290,000
Sold 06/13/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 15.68
- Acres
$195,000
Sold 07/31/26
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 6.04
- Acres
$94,000
Sold 07/02/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.93
- Acres
$560,000
Sold 11/19/25
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 15.09
- Acres
$145,000
Sold 03/06/26
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 4.19
- Acres
Location
Payment Calculator
$376 per month
30 year fixed, 6.55% Interest
$376
$0
$0
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1Property Information for 2428 Wallace Lake Road
- MLS Type: Land / Residential Lots
- County: Santa Rosa County
- Zoning Description: Agricultural,Deed Restrictions
- Lot Size: 5.39 AC
- Directions: From Hwy 90 in Pace, heading north on Chumuckla Hwy., left on Wallace Lake Rd. Go past Renfro Rd. & property will be on your right.
- Latitude: 30.68066776
- Longitude: -87.22128108
- Subdivision Name: Tamrell Forest
- Topography: Sloping
- Tax Legal Description: In File
- Assn: NONE
- Elementary School: Chumuckla
- High School: Central
- Middle Or Junior School: CENTRAL
- Lot Features: Wooded, Interior Lot, Cleared
- Lot Size Dimensions: 348 x 843 x 220 x 795
- Road Frontage Type: County Road
- Road Surface Type: Paved
- Electric On Property: Yes
- Horse: No
- Current Use: Agricultural, Residential
- Documents Available: Survey
- Documents Count: 2
- Parcel Number: 142N300000001130000
- MISCELLANEOUS: AERIALS AVAILABLE, CONVENANTS, SURVEY AVAIL
- Photos Count: 10
- Sewer: None
- Utilities: Electricity Connected, Internet, Phone Connected
- Water Source: None
- Land Lease Amount Frequency: Annually
- Leasable Area Units: Square Feet
- Lease Considered: No
Property History for 2428 Wallace Lake Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 6, 2017 | Sold PENSACOLA #505409 | $74,000 | — |
| Nov 2, 2016 | Pending PENSACOLA #505409 | — | |
| Oct 11, 2016 | Expired PENSACOLA #498136 | — | |
| Aug 26, 2016 | Listed (Active) PENSACOLA #505409 | $74,900 | — |
| Aug 4, 2016 | Withdrawn ECAR #750519 | $76,900 | — |
| May 7, 2016 | Expired PENSACOLA #490637 | — | |
| Apr 13, 2016 | Listed (Active) ECAR #750519 | $78,900 | — |
| Apr 11, 2016 | Listed (Active) PENSACOLA #498136 | $76,900 | — |
| Nov 7, 2015 | Listed (Active) PENSACOLA #490637 | $77,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/06/2017 | Sold PENSACOLA #505409 | $74,000 |
| 11/02/2016 | Pending PENSACOLA #505409 | — |
| 10/11/2016 | Expired PENSACOLA #498136 | — |
| 08/26/2016 | Listed (Active) PENSACOLA #505409 | $74,900 |
| 08/04/2016 | Withdrawn ECAR #750519 | $76,900 |
| 05/07/2016 | Expired PENSACOLA #490637 | — |
| 04/13/2016 | Listed (Active) ECAR #750519 | $78,900 |
| 04/11/2016 | Listed (Active) PENSACOLA #498136 | $76,900 |
| 11/07/2015 | Listed (Active) PENSACOLA #490637 | $77,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 2428 Wallace Lake Road
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.
Similar Homes
New listings in 32571
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 2428 Wallace Lake Road, Pace, FL 32571 | $74,000 | – | – | – | 234,788 |
$297,109 | 4 | 3 | 2,310 | 47,480 | |
$42,000 | 3 | 3 | 1,758 | 47,480 | |
$96,900 | – | – | – | 205,254 | |
$42,000 | – | – | – | 47,480 | |
$254,051 | 3 | 2 | – | 49,440 | |
$74,900 | 3 | 2 | 1,931 | 49,441 | |
$440,000 | 3 | 3 | 1,931 | 49,658 | |
$315,000 | 4 | 2 | 2,364 | 49,658 | |
$48,000 | 3 | 2.5 | 3,722 | 47,045 | |
$65,000 | 4 | 4 | 3,539 | 45,738 | |
$140,000 | – | – | – | 205,254 | |
$55,000 | 3 | 3 | 2,361 | 46,609 | |
$142,500 | 5 | 5 | 4,068 | 840,708 | |
$585,000 | 3 | 3 | 2,486 | 47,916 | |
$63,000 | 4 | 3 | 2,446 | 189,486 |
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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.
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.