2863 Wallace Lake Rd

$459,000
Price
4
Beds
2,226 Sq. Ft.
$206 / Sq. Ft.
2,226
Sq. Ft.
$206
per Sq. Ft.

Description

Located in Tamrell Forrest on 1 full ACRE with NO homeowners association. This all brick split floor plan home comes with 4 bedrooms and 3 full baths. The Foyer welcomes you in to this flexible floor plan that offers a Formal Dining Room and a flexible Office/4th Bedroom. The Living Room boast cathedral ceilings. High ceilings carry into the open and bright Kitchen with breakfast nook, breakfast bar. To the right of the home is the private Master Bedroom with trey ceiling and french doors to the...Located in Tamrell Forrest on 1 full ACRE with NO homeowners association. This all brick split floor plan home comes with 4 bedrooms and 3 full baths. The Foyer welcomes you in to this flexible floor plan that offers a Formal Dining Room and a flexible Office/4th Bedroom. The Living Room boast cathedral ceilings. High ceilings carry into the open and bright Kitchen with breakfast nook, breakfast bar. To the right of the home is the private Master Bedroom with trey ceiling and french doors to the covered patio. The Master bath offers double vanities, garden tub and separate shower, water closet and large walk-in closet. The opposite side of the home has 2 additional bedrooms and two full baths. The main areas of the home have brand new tile flooring. The covered patio looks out to the expansive privacy fenced back yard with the outdoor pavilion that is perfect for hosting parties or nights by the fire.

Property Details for 2863 Wallace Lake Road

Architectural Style
Traditional
Zoning Description
County
LISTING UPDATED: 12/15/2025 07:54 PM

Property Details for 2863 Wallace Lake Road

StatusActive
MLS #662794
Days on Market240
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2005
Lot Size1.01 AC / 43,995 SF
CountySanta Rosa County

Location

Listing Courtesy of EXP Realty, LLC
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Virtual Tour

Building Information for 2863 Wallace Lake Road

Stories1Year Built2005Building Size-Lot Size1.01 AC / 43,995 SF

Payment Calculator

$2,533 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,268

Property Taxes

$265

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2863 Wallace Lake Road

Summary
Location and General Information
  • Directions: Turn Left off of Chumuckla Hwy on to Wallace Lake Rd at the red light with Piggly Wiggly. Follow Wallace lake road fro approx. .5 mile and property will be on the left hand side.
  • Latitude: 30.680415
  • Longitude: -87.203058
  • Subdivision Name: Tamrell Forest
Taxes and HOA Information
  • Tax Legal Description: DESCRIPTION UPDATE FOR 2021 COM AT NE CORN W2 OF SECTION 18 TOWNSHIP 2 NORTH RANGE 29 WEST THN S01 29'48"W 3077.95 FT THN S73 09'54"W 3835.50 FT THN S70 04'18"W 714.58 FT TO POB THN CONT 126 FT THN N19 55'42"W 350 FT TO S R/W WALLACE LAKE RD THN N70 04'18"E ALNG R/W 126 FT THN S19 55'42"E 350 FT TO POB LYING IN SEC 13 T2N R 30 W AKA #100 AS DES IN OR 4162 PG 1016
  • Association: No
Parking
  • Garage Spaces: 2.0
  • Parking Features: 2 Car Garage
  • 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
  • Levels: One
  • Other Structures: Yard Building
  • Road Responsibility: County Maintained Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: No
Property and Assessments
  • Disclaimer: N/A
  • Documents Count: 1
  • Parcel Number: 132N300000001370000
  • Homestead: Yes
  • Photos Count: 44
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lawn Pump, Rain Gutters
  • Fencing: Back Yard, Privacy
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
Interior Features
  • Appliances: Tankless Water Heater/Gas, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Covered Spaces: 2.0
  • Flooring: Tile, Carpet
  • Heating: Central
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Plant Ledges, Vaulted Ceiling(s), Office/Study
  • Laundry Features: Inside
  • Stories: 1
  • Window Features: Blinds
Room Information
Room Information
  • Room Bathroom Features: Updated
  • Room Bedroom Area: 204.0
  • Room Bedroom Length: 12.0
  • Room Bedroom Level: First
  • Room Bedroom Width: 17.0
  • Room Dining Room Area: 144.0
  • Room Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room
  • Room Dining Room Length: 12.0
  • Room Dining Room Level: First
  • Room Dining Room Width: 12.0
  • Room Kitchen Area: 240.0
  • Room Kitchen Features: Not Updated, Solid Surface Countertops
  • Room Kitchen Length: 20.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 12.0
  • Room Living Room Area: 272.0
  • Room Living Room Length: 17.0
  • Room Living Room Level: First
  • Room Living Room Width: 16.0
  • Room Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower, Solid Surface Countertops, Tile, Walk-In Closet(s)
  • Room Master Bedroom Features: Ceiling Fan(s)
Room 1 Information
  • Room Bedroom 1 Area: 144.0
  • Room Bedroom 1 Length: 12.0
  • Room Bedroom 1 Level: First
  • Room Bedroom 1 Width: 12.0
Room 2 Information
  • Room Bedroom 2 Area: 132.0
  • Room Bedroom 2 Length: 12.0
  • Room Bedroom 2 Level: First
  • Room Bedroom 2 Width: 11.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: No
  • Lease Considered: No

Property History for 2863 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Dec 14, 2025

Price Change

PENSACOLA #662794

$459,000—
Nov 15, 2025

Price Change

PENSACOLA #662794

$460,000—
Oct 29, 2025

Price Change

PENSACOLA #662794

$463,900—
Oct 16, 2025

Price Change

PENSACOLA #662794

$465,900—
Sep 23, 2025

Price Change

PENSACOLA #662794

$479,500—
Aug 19, 2025

Price Change

PENSACOLA #662794

$489,500—
Jul 1, 2025

Price Change

PENSACOLA #662794

$495,000—
Jun 20, 2025

Price Change

PENSACOLA #662794

$505,000—
Jun 1, 2025

Price Change

PENSACOLA #662794

$525,000—
Apr 17, 2025

Price Change

PENSACOLA #662794

$530,000—
Apr 17, 2025

Price Change

PENSACOLA #662794

$525,000—
Apr 17, 2025

Price Change

PENSACOLA #662794

$505,000—
Apr 17, 2025

Price Change

PENSACOLA #662794

$495,000—
Apr 17, 2025

Price Change

PENSACOLA #662794

$489,500—
Apr 17, 2025

Price Change

PENSACOLA #662794

$479,500—
Apr 17, 2025

Price Change

PENSACOLA #662794

$465,900—
Apr 17, 2025

Price Change

PENSACOLA #662794

$463,900—
Apr 17, 2025

Price Change

PENSACOLA #662794

$460,000—
Apr 17, 2025

Listed (Active)

PENSACOLA #662794

$459,000—
Aug 11, 2021

Sold (Public Record)

Public Record #1469444343

$395,500

+17.4% / yr

Aug 11, 2021

Sold

PENSACOLA #592543

$395,500—
Jul 8, 2021

Pending

PENSACOLA #592543

—
Jul 4, 2021

Listed (Active)

PENSACOLA #592543

$375,000—
May 30, 2019

Sold (Public Record)

Public Record #649308972

$278,000—
May 30, 2019

Sold

PENSACOLA #551852

$278,000—
Apr 29, 2019

Pending

PENSACOLA #551852

—
Apr 5, 2019

Listed (Active)

PENSACOLA #551852

$279,000—
DateEvent & SourcePrice
12/14/2025

Price Change

PENSACOLA #662794

$459,000
11/15/2025

Price Change

PENSACOLA #662794

$460,000
10/29/2025

Price Change

PENSACOLA #662794

$463,900
10/16/2025

Price Change

PENSACOLA #662794

$465,900
09/23/2025

Price Change

PENSACOLA #662794

$479,500
08/19/2025

Price Change

PENSACOLA #662794

$489,500
07/01/2025

Price Change

PENSACOLA #662794

$495,000
06/20/2025

Price Change

PENSACOLA #662794

$505,000
06/01/2025

Price Change

PENSACOLA #662794

$525,000
04/17/2025

Price Change

PENSACOLA #662794

$530,000
04/17/2025

Price Change

PENSACOLA #662794

$525,000
04/17/2025

Price Change

PENSACOLA #662794

$505,000
04/17/2025

Price Change

PENSACOLA #662794

$495,000
04/17/2025

Price Change

PENSACOLA #662794

$489,500
04/17/2025

Price Change

PENSACOLA #662794

$479,500
04/17/2025

Price Change

PENSACOLA #662794

$465,900
04/17/2025

Price Change

PENSACOLA #662794

$463,900
04/17/2025

Price Change

PENSACOLA #662794

$460,000
04/17/2025

Listed (Active)

PENSACOLA #662794

$459,000
08/11/2021

Sold (Public Record)

Public Record #1469444343

$395,500

+17.4% / yr

08/11/2021

Sold

PENSACOLA #592543

$395,500
07/08/2021

Pending

PENSACOLA #592543

—
07/04/2021

Listed (Active)

PENSACOLA #592543

$375,000
05/30/2019

Sold (Public Record)

Public Record #649308972

$278,000
05/30/2019

Sold

PENSACOLA #551852

$278,000
04/29/2019

Pending

PENSACOLA #551852

—
04/05/2019

Listed (Active)

PENSACOLA #551852

$279,000

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

Public Records for 2863 Wallace Lake Road

Taxable ValueLand$50,500Additions$238,891Total$289,391
Tax Record2024$3,175 ($265 / month)
Home Facts
Beds4Total Finished SqFt2,226 SqFtAbove Grade Finished SqFt2,226 SqFtStories1Lot Size43,996 SqFtStyleSingle Family ResidenceYear Built2005Year Renovated2010ZoningAG-RRCountySANTA ROSAAPN13-2N-30-0000-00137-0000

Schools near 2863 Wallace Lake Road

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - K to 12
Public - K to 12
Rating
School
Distance
HIGH ROAD-1421
PublicK to 12

Pace High School
Public9 to 12

Santa Rosa Virtual Franchise
PublicK to 12

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

Similar Sold Homes

2863 Wallace Lake Road is a single family home for sale in Pace, FL 32571. This property was listed for sale on April 17, 2025 by EXP Realty, LLC, it's currently listed at $459,000. It has been on the market for a total of 240 days and was last sold on August 11, 2021. This listing's school district is Santa Rosa. Nearby schools include HIGH ROAD-1421, Pace High School and Santa Rosa Virtual Franchise. 2863 Wallace Lake Road is a 4-bed, 3-bath, 2,226 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, 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© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.