Sold
Last Sold Price
5 beds3,012 sqft$250/sqft
2481 Wallace Lake Rd, Pace, FL 32571
Single FamilyProperty Type
2.36 acresLot Size
2016Year Built
$250/sq ftPrice per sq ft
6 carsParking Spaces

Description

Welcome home! This GORGEOUS craftsman style home is situated on 2.36 ACRES and boasts and INGROUND Saltwater POOL, 2-Car side entry garage and a detached 2-Car garage that is heated and cooled. There is also an enclosed 30x40 Pole Barn with two roll up doors that make for great storage and/or a workshop. As you pull up to the home, you will notice that is is well maintained and has several maturing peach, mulberry, and plum trees as well as blueberry bushes that are currently producing fruit. Walking...Welcome home! This GORGEOUS craftsman style home is situated on 2.36 ACRES and boasts and INGROUND Saltwater POOL, 2-Car side entry garage and a detached 2-Car garage that is heated and cooled. There is also an enclosed 30x40 Pole Barn with two roll up doors that make for great storage and/or a workshop. As you pull up to the home, you will notice that is is well maintained and has several maturing peach, mulberry, and plum trees as well as blueberry bushes that are currently producing fruit. Walking to the front of the home you will notice a large porch and wooden shutters. Walking into the home, the formal dining is located to the left with double trey ceilings with crown molding that is open to the kitchen and living area. The entire home has tiled wood-look flooring with the exception of the bonus room over the garage that has carpet. The home features granite counters in the kitchen and bathrooms. The windows have Plantation Shutters, pendant lights over the island in the kitchen and a fireplace in the living area. The kitchen has a oversized island with undermount sink, gas stove, Samsung appliances and pantry. All closets in the bedrooms have custom wood built-ins by California Closets to amplify usage. The master is large with a double trey ceiling and crown molding. The master bath has a tiled shower with a frameless glass door and overhead rain shower head, separate garden tub and split vanities. From the master bath, there is a pocket door leading into a beautiful walk-in closet that connects to the laundry. From the breakfast nook, you walk onto the covered back lanai that overlooks the pool and is enclosed by a metal fence. There is a fire pit in the back left corner of the pool. Behind the fence is open partially wooded space with a cove tucked away for a Summer retreat. There is also a propane gas home generator that powers almost the entire home. COME make this your DREAM home TODAY!
  • Listed by: Kalab Hoover • KELLER WILLIAMS REALTY GULF COAST
Listing closed: 05/27/2021 12:00 AM • Source: PENSACOLA, MLS#: 588764

Recent comparable sales

Median sold price

$645,000

Avg days on market

34

Sale-to-list ratio

97.5%

Pace, FL

9 comparable properties found

$648,000 | 2592 Elkhorn Drive, Pace, FL 32571
1/39
1

$648,000

Sold 10/11/24

5
Bedrooms
3,062
Square Feet
0.51
Acres
a front view of a house with a yard
1/37
2

$710,000

Sold 07/20/26

5
Bedrooms
3,141
Square Feet
0.61
Acres
$645,000 | 2772 Elkhorn Drive, Pace, FL 32571
1/58
3

$645,000

Sold 02/26/26

5
Bedrooms
3,141
Square Feet
0.50
Acres
a front view of a house with a garden and porch
1/69
4

$656,000

Sold 12/27/24

5
Bedrooms
3,431
Square Feet
0.5
Acres
$640,000 | 2673 Tulip Hill Road, Pace, FL 32571
1/33
5

$640,000

Sold 05/15/25

5
Bedrooms
3,076
Square Feet
0.59
Acres
$640,000 | 2653 Tulip Hill Road, Pace, FL 32571
1/36
6

$640,000

Sold 09/30/24

5
Bedrooms
3,405
Square Feet
Unavailable
Acres
$635,000 | 2759 Gemstone Circle, Pace, FL 32571
1/37
7

$635,000

Sold 06/26/26

5
Bedrooms
3,141
Square Feet
0.51
Acres
a view of a house with swimming pool and chairs
1/73
8

$625,000

Sold 08/15/26

5
Bedrooms
3,415
Square Feet
0.50
Acres
$699,000 | 2394 Phylis Rae Drive, Pace, FL 32571
1/50
9

$699,000

Sold 11/22/24

5
Bedrooms
3,121
Square Feet
1.02
Acres

Location

Listing Courtesy of KELLER WILLIAMS REALTY GULF COAST

Sold By RE/MAX INFINITY

Add your commute

Payment Calculator

$4,364 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,822

Property Taxes

$542

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2481 Wallace Lake Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Craftsman
  • Zoning Description: Res Single
Building Information
  • Stories: 1
  • Year Built: 2016
  • Lot Size: 2.36 AC / 102,801 SF
Summary
Location and General Information
  • Directions: Head north on Chumuckla Hwy and turn left on to Wallace Lake Rd. Continue for approximately 1.5 miles and home will be on the left.
  • Latitude: 30.679108
  • Longitude: -87.220159
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: COM AT SE CORN OF SEC 14TOWNSHIP 2 NORTH RANGE 30 WESTTHN N86*39' 03"W ON S SEC LN1486.97 FT THN N57*54'13"W379.93 FT TO POB & CONT 210.15FT THN N44* 07'14"W 71.12 FTTHN N41*57'56 "E 368.91 FT TOTHE SW R/W OF WALLACE LAKE RDTHN SELY ON CURV (R=595 FT CBS53*31'35"E) GO 71.47 FT THNS56*58'2"E 180.70 FT THNS37*36'27"W 373.72 FT TO POBBEING PARCEL #2 AS DES IN OR3880 PG 567 AKA LOTS 7-S 8-SOF AN UNREC SUB (MADE REMNDER#1.44 FOR 2015)
  • Association: No
Parking
  • Parking Features: 4 or More Car Garage, Detached, Guest, Side Entrance, Garage Door Opener
  • Parking Total: 6.0
  • Carport: No
  • Garage: Yes
School Information
  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: CENTRAL
Property
Lot Information
  • Construction Materials: Brick, Frame
  • Levels: One, Multi/Split
  • Lot Features: Central Access
  • Road Responsibility: County Maintained Road
  • Road Surface Type: Paved
  • Roof: Shingle
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • GENERATOR: GENERATOR TRANSFER SWITCH, PARTIAL GENERATOR, WHOLE HOUSE PROPANE
  • Property Attached: No
Property and Assessments
  • Documents Count: 1
  • Parcel Number: 142N300000001030000
  • Homestead: Yes
  • Photos Count: 44
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Insulation, Insulated Floors, Insulated Walls, Ridge Vent
Utilities
  • Electric: Circuit Breakers, Copper Wiring
  • Sewer: Septic Tank
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Foundation Details: Slab
  • Pool Features: Fenced, In Ground
  • Security Features: Security System, Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Central Air, Ceiling Fan(s)
  • Door Features: Insulated Doors
  • Flooring: Tile, Simulated Wood
  • Heating: Central, Fireplace(s)
  • Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Bonus Room
  • Laundry Features: Inside, W/D Hookups
  • Stories: 1
  • Window Features: Double Pane Windows
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Dining Room Area: 192.0
  • Room Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Formal Dining Room
  • Room Dining Room Length: 12.0
  • Room Dining Room Level: First
  • Room Dining Room Width: 16.0
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 280.0
  • Room Living Room Length: 14.0
  • Room Living Room Level: First
  • Room Living Room Width: 20.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 2481 Wallace Lake Road

DateEvent & SourcePriceAppreciation
May 27, 2021

Sold

PENSACOLA #588764

$752,000
May 21, 2021

Sold (Public Record)

Public Record #1466328450

$752,000

+16.8% / yr

May 2, 2021

Pending

PENSACOLA #588764

DateEvent & SourcePrice
05/27/2021

Sold

PENSACOLA #588764

$752,000
05/21/2021

Sold (Public Record)

Public Record #1466328450

$752,000

+16.8% / yr

05/02/2021

Pending

PENSACOLA #588764

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

Public Records for 2481 Wallace Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,507 ($542 / month)
Home Facts
Beds5Total Finished SqFt3,012 SqFtAbove Grade Finished SqFt3,012 SqFtStories2Lot Size102,802 SqFtStyleSingle Family ResidenceYear Built2016ZoningAG-RRCountySANTA ROSAAPN14-2N-30-0000-00103-0000Fireplace TypeHas Fireplace

Schools near 2481 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: 2481 Wallace Lake Road, Pace, FL 32571
$752,000
5
3,012
102,801
3
2
1,748
145,926
3
2
2,003
144,619
$115,000
3
3
4,198
344,124
4
2
2,131
91,476
$75,000
1
1
864
261,360

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 KELLER WILLIAMS REALTY GULF COAST

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.