2863 Wallace Lake Rd

Pace, FL 32571

$450,000
Price
4
Beds
2,226 Sq. Ft.
$202 / Sq. Ft.
2,226
Sq. Ft.
$202
per Sq. Ft.
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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. Keep your RV hooked up all year long with an RV hook up located behind the fence! Wallace Lake K-12 School District. Assumable VA Loan with low intrest rate!
  1. Listed by Haley Hamaker • EXP Realty, LLC

Property Details for 2863 Wallace Lake Road

Architectural Style
Traditional
Zoning Description
County
LISTING UPDATED: 06/04/2026 07:28 PM

Property Details for 2863 Wallace Lake Road

StatusActive
MLS #662794
Days on Market405
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2005
Lot Size1.01 AC / 43,995 SF
CountySanta Rosa County
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Location

Listing Courtesy of EXP Realty, LLC
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Building Information for 2863 Wallace Lake Road

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

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$2,515 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$273

HOA Dues

$0

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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, RV Access/Parking
  • Parking Total: 2.0
  • Carport: No
  • Garage: Yes
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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: Irrigation Well, 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 Bedroom Area: 234.0
  • Room Master Bedroom Length: 18.0
  • Room Master Bedroom Level: First
  • Room Master Bedroom Width: 13.0
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—
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

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

Public Records for 2863 Wallace Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,281 ($273 / 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
Pace K-8
Public - PK to 8
Pace High School
Public - 9 to 12
East Bay K-8
Public - PK to 8
COASTAL CONNECTIONS ACADEMY-8004
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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More information about 2863 Wallace Lake Road, Pace, FL 32571

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 $450,000. It has been on the market for a total of 405 days and was last sold on August 11, 2021. This listing's school district is Santa Rosa. Nearby schools include Pace K-8, Pace High School and East Bay K-8. 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 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 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© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.