2854 Wallace Lake Rd

Pace, FL 32571

$740,000
Last Sold Price
4
Beds
3,268 Sq. Ft.
$226 / Sq. Ft.
3,268
Sq. Ft.
$226
per Sq. Ft.
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Sold 4/18/25
Sold 4/18/25

Description

Step through the elegant iron gate into a private courtyard, a stunning introduction to this exquisite estate. With three separate entrances, this home offers seamless indoor-outdoor living. From the Juliet balcony of the upstairs bonus room, take in the beauty of the courtyard below before entering through grand double doors of the main entrance into the expansive open-concept living, dining, and kitchen area. Rich wood-look tile floors, soaring ceilings, and a natural gas fireplace create an atmosphere...Step through the elegant iron gate into a private courtyard, a stunning introduction to this exquisite estate. With three separate entrances, this home offers seamless indoor-outdoor living. From the Juliet balcony of the upstairs bonus room, take in the beauty of the courtyard below before entering through grand double doors of the main entrance into the expansive open-concept living, dining, and kitchen area. Rich wood-look tile floors, soaring ceilings, and a natural gas fireplace create an atmosphere of warmth and sophistication. A hidden bookcase door conceals a utility closet, while decorative shiplap and plantation shutters add timeless charm. The recently-updated heart of the home--the gorgeous kitchen--is a masterpiece. Chicago brick floors set the stage for a massive Quartzite-topped island, complete with a built-in microwave, wine cooler, and custom cabinetry. Thoughtfully-designed storage includes an oversized spice pantry and pull-out drawers, while the gas stove is framed by a striking decorative hood and handmade Moroccan tile backsplash. A walk-in pantry with beadboard and wood shelving completes this culinary haven. Tucked behind the kitchen, a staircase leads to the over-garage bonus room, offering flexibility for a media room, workout space, or whatever you need. The primary suite is a retreat of its own, featuring a tray ceiling, dual walk-in closets, and a spa-like ensuite with a soaking tub, separate shower, and dual vanities. The additional bedrooms also feature ample storage. A private in-law suite boasts direct courtyard access, a separate living area, and a full bath. Step outside to your personal oasis—an expansive backyard featuring a gas-heated gunite pool with spa. A newly completed pergola and back patio (2023) offer the perfect setting for entertaining. Additional upgrades include a whole-house natural-gas generator, new windows (2023), a 2020 roof, and a storage shed. Luxury, comfort, and timeless elegance await. Welcome home.
  1. Listed by Theresa "terry" Mahoney • KELLER WILLIAMS REALTY GULF COAST

Property Details for 2854 Wallace Lake Road

Architectural Style
Traditional
Zoning Description
Res Single
LISTING CLOSED: 04/18/2025 12:00 AM

Property Details for 2854 Wallace Lake Road

StatusSold
MLS #658318
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2006
Lot Size1.14 AC / 49,658 SF
CountySanta Rosa County
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Location

Listing Courtesy of KELLER WILLIAMS REALTY GULF COAST

Sold By Coldwell Banker Realty

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Building Information for 2854 Wallace Lake Road

Stories1Year Built2006Building Size-Lot Size1.14 AC / 49,658 SF

Payment Calculator

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$4,090 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,688

Property Taxes

$402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2854 Wallace Lake Road

Summary
Location and General Information
  • Directions: Heading north on Chumuckla Hwy, turn left onto Wallace Lake Road. Property will be on the right.
  • Latitude: 30.680991
  • Longitude: -87.203714
  • Subdivision Name: Tamrell Forest
Taxes and HOA Information
  • Association Fee Includes: None
  • Tax Legal Description: Enhncd Life Est Resrvd In: Com At Nw Cor 13-2N-30W Thn S01 52'54"W Along W Sec Ln 4956.85 Ft Thn N77 40'48"E 1628.19 Ft Thn N72 41'57"E 1167.85 Ft Thn N58 49'11"E 586.16 Ft To Pob & Continue N70 04;18"E 159 Ft Thn S19 55'42"E 350 Ft To N Ln Of Wallace Lake Rd Thn S70 04'18"W On R/W 91.88 Ft To Curv (R=1057.10' Da=1 47'44" Chb=S69 10' 26"W) Go Along Arc 33.13 Ft Thn N25 28'07"W 352.16 Ft To Pob As Des In Or 4305 Pg 504 Parcel #27 & E-L/E Res In Or 4454 Pg 79
  • Association: No
Parking
  • Garage Spaces: 2.0
  • Parking Features: 2 Car Garage, Side Entrance, Garage Door Opener
  • Parking Total: 2.0
  • Carport: No
  • Garage: Yes
Virtual Tour
School Information
  • Elementary School: Wallace Lake K-8
  • High School: Pace
  • Middle Or Junior School: WALLACE LAKE K-8
Property
Lot Information
  • Construction Materials: Brick, Frame
  • Levels: One
  • Lot Features: Central Access
  • Lot Size Dimensions: 49,658 sq. ft.
  • Other Structures: Yard Building
  • Road Frontage Type: County Road
  • Road Responsibility: County Maintained Road
  • Road Surface Type: Paved
  • Roof: Shingle
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Home Warranty: No
  • Horse: No
  • New Construction: No
  • GENERATOR: WHOLE HOUSE NATURAL GAS
  • Pool Private: Yes
  • Property Attached: No
  • Spa: No
Property and Assessments
  • Documents Count: 4
  • Parcel Number: 132N300000001300000
  • Homestead: Yes
  • Photos Count: 63
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Insulation
Utilities
  • Electric: Circuit Breakers, Copper Wiring
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Irrigation Well, Sprinkler
  • Fencing: Back Yard, Privacy
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Pool Features: Gunite, In Ground, Pool/Spa Combo, Salt Water
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Wine Cooler, Dishwasher
  • Cooling: Central Air, Ceiling Fan(s)
  • Covered Spaces: 2.0
  • Door Features: Insulated Doors
  • Fireplace Features: Gas
  • Flooring: Brick, Tile, Carpet
  • Heating: Natural Gas
  • Interior Features: Ceiling Fan(s), High Ceilings, Plant Ledges, Bonus Room
  • Laundry Features: Inside, W/D Hookups
  • Rooms Total: 6
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Dining Room Features: Eat-in Kitchen, Kitchen/Dining Combo
  • Room Kitchen Area: 283.5
  • Room Kitchen Features: Not Updated, Kitchen Island, Pantry
  • Room Kitchen Length: 21.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 13.5
  • Room Living Room Area: 550.0
  • Room Living Room Length: 20.0
  • Room Living Room Level: First
  • Room Living Room Width: 27.5
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: Unknown
  • Lease Considered: No

Property History for 2854 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Apr 18, 2025

Sold

PENSACOLA #658318

$740,000—
Apr 18, 2025

Sold

Navarre Area Board of REALTORS #968013

$740,000—
Apr 18, 2025

Sold

Navarre Area Board of REALTORS #968013

$740,000—
DateEvent & SourcePrice
04/18/2025

Sold

PENSACOLA #658318

$740,000
04/18/2025

Sold

Navarre Area Board of REALTORS #968013

$740,000
04/18/2025

Sold

Navarre Area Board of REALTORS #968013

$740,000

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

Public Records for 2854 Wallace Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$4,828 ($402 / month)
Home Facts
Beds4Total Finished SqFt3,268 SqFtAbove Grade Finished SqFt3,268 SqFtStories2Lot Size49,658 SqFtStyleSingle Family ResidenceYear Built2006Year Renovated2011ZoningAG-RRCountySANTA ROSAAPN13-2N-30-0000-00130-0000Fireplace TypeHas Fireplace

Schools near 2854 Wallace Lake Road

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Pace K-8
Public - PK to 8
Pace High School
Public - 9 to 12
COASTAL CONNECTIONS ACADEMY-8004
Charter - K to 5
ESE Development Center
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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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.