Sold
Last Sold Price
5 beds3 baths2,628 sqft$186/sqft
2538 Wallace Lake Rd, Pace, FL 32571
0.97 acresLot Size
2022Year Built
$186/sq ftPrice per sq ft
Listing closed: 05/31/2023 07:00 AM

Recent comparable sales

Median sold price

$555,000

Avg days on market

105

Sale-to-list ratio

97.8%

Pace, FL

9 comparable properties found

1

$543,000

Sold 12/05/24

5
Bedrooms
3
Bathrooms
2,457
Square Feet
0.50
Acres
$540,000 | 5556 Dunridge Drive, Pace, FL 32571
1/52
2

$540,000

Sold 03/19/25

5
Bedrooms
2,589
Square Feet
0.27
Acres
a front view of a house with a yard
1/44
3

$570,000

Sold 08/12/26

5
Bedrooms
2,601
Square Feet
0.27
Acres
$585,000 | 2626 Wildhurst Trail, Pace, FL 32571
1/69
4

$585,000

Sold 04/30/26

5
Bedrooms
2,894
Square Feet
0.76
Acres
$590,000 | 6120 Buttonbrook Drive, Pace, FL 32571
1/38
5

$590,000

Sold 12/05/25

5
Bedrooms
3,115
Square Feet
0.5
Acres
$555,000 | 2738 Gemstone Circle, Pace, FL 32571
1/63
6

$555,000

Sold 11/22/24

5
Bedrooms
3,141
Square Feet
0.5
Acres
$606,000 | 5989 Mountain Crest Avenue, Pace, FL 32571
1/58
7

$606,000

Sold 03/18/25

5
Bedrooms
3,047
Square Feet
1.45
Acres
$490,000 | 7645 Gumbo Avenue, Pace, FL 32571
1/50
8

$490,000

Sold 09/09/25

5
Bedrooms
2,495
Square Feet
1.01
Acres
$392,900 | 2757 Chevy Circle, Pace, FL 32571
1/22
9

$392,900

Sold 07/07/25

5
Bedrooms
2,483
Square Feet
0.6
Acres

Location

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Payment Calculator

$2,793 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,491

Property Taxes

$302

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2538 Wallace Lake Road

Property Details
Building Information
  • Stories: 1
  • Year Built: 2022
  • Lot Size: 0.97 AC / 42,253 SF

Property History for 2538 Wallace Lake Road

DateEvent & SourcePriceAppreciation
May 31, 2023

Sold (Public Record)

Public Record #1513100456

$490,000

+11.0% / yr

Aug 5, 2022

Sold (Public Record)

Public Record #1496519133

$450,000
Aug 5, 2022

Sold

ECAR #891969

$450,000
DateEvent & SourcePrice
05/31/2023

Sold (Public Record)

Public Record #1513100456

$490,000

+11.0% / yr

08/05/2022

Sold (Public Record)

Public Record #1496519133

$450,000
08/05/2022

Sold

ECAR #891969

$450,000

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

Public Records for 2538 Wallace Lake Road

Taxable ValueLand$26,675Additions$295,186Total$321,861
Tax Record2025$3,619 ($302 / month)
Home Facts
Beds5Total Finished SqFt2,628 SqFtAbove Grade Finished SqFt2,628 SqFtStories1Lot Size42,253 SqFtStyleSingle Family ResidenceYear Built2022ZoningAG-RRCountySANTA ROSAAPN14-2N-30-0000-00160-0000

Schools near 2538 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: 2538 Wallace Lake Road, Pace, FL 32571
$490,000
5
3
2,628
42,253
3
4
3,218
85,378
4
2
2,131
91,476
$268,000
496,584
3
2
2,027
52,708
3
2
2,126
80,150

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.