Sold
Last Sold Price
4 beds3,046 sqft$154/sqft
3161 Wallace Lake Rd, Pace, FL 32571
Single FamilyProperty Type
1.01 acresLot Size
2011Year Built
$154/sq ftPrice per sq ft
2 carsParking Spaces

Description

COMP on property initially FOR SALE BY OWNER. Beautiful home on acre lot with high ceilings and formal dining and office. The home is split floor plan with LARGE master suite off the kitchen and one guest bedroom on the back of home near a guest bathroom and 2 additional guest bedrooms down the front hallway with 3rd bathroom in between. The home also features a large kitchen with stainless appliances and granite counters. Off the kitchen is a kitchen nook as well as the formal dining area. For extra...COMP on property initially FOR SALE BY OWNER. Beautiful home on acre lot with high ceilings and formal dining and office. The home is split floor plan with LARGE master suite off the kitchen and one guest bedroom on the back of home near a guest bathroom and 2 additional guest bedrooms down the front hallway with 3rd bathroom in between. The home also features a large kitchen with stainless appliances and granite counters. Off the kitchen is a kitchen nook as well as the formal dining area. For extra living space is a large florida room and also a screened patio overlooking the fully fenced large back yard. This home was in move in condition with exception of carpet needing replacement. The house appraised at contract price. Nice home on an acre lot with no HOA.
Listing closed: 04/11/2022 12:00 AM • Source: PENSACOLA, MLS#: 606832

Recent comparable sales

Median sold price

$535,000

Avg days on market

89

Sale-to-list ratio

97.6%

Pace, FL

9 comparable properties found

a front view of house with yard and green space
1/72
1

$525,000

Sold 11/04/25

4
Bedrooms
2,739
Square Feet
0.83
Acres
$525,000 | 6125 Quinette Road, Pace, FL 32571
1/73
2

$525,000

Sold 11/04/25

4
Bedrooms
2,739
Square Feet
0.83
Acres
$580,000 | 3136 Wallace Lake Road, Pace, FL 32571
1/48
3

$580,000

Sold 04/03/25

4
Bedrooms
2,622
Square Feet
1
Acres
$570,000 | 6264 Howie Way, Pace, FL 32571
1/43
4

$570,000

Sold 10/27/25

4
Bedrooms
2,792
Square Feet
0.5
Acres
a front view of a house with a yard
1/49
5

$500,000

Sold 04/10/26

4
Bedrooms
3,005
Square Feet
0.51
Acres
$588,000 | 2752 Wallace Lake Road, Pace, FL 32571
1/59
6

$588,000

Sold 06/03/25

4
Bedrooms
2,800
Square Feet
1
Acres
$583,000 | 6280 Howie Way, Pace, FL 32571
1/29
7

$583,000

Sold 05/14/26

4
Bedrooms
2,628
Square Feet
0.5
Acres
$535,000 | 5928 Augustine Drive, Pace, FL 32571
1/72
8

$535,000

Sold 03/09/26

4
Bedrooms
3,005
Square Feet
0.5
Acres
a front view of house with yard and street
1/46
9

$469,000

Sold 02/07/25

4
Bedrooms
3,159
Square Feet
Unavailable
Acres

Location

Sold By HomeSmart Sunshine Realty

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Payment Calculator

$2,730 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,389

Property Taxes

$341

HOA Dues

$0

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Property Information for 3161 Wallace Lake Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Contemporary
  • Zoning Description: Res Single
Building Information
  • Stories: 1
  • Year Built: 2011
  • Lot Size: 1.01 AC / 43,995 SF
Summary
Location and General Information
  • Directions: North on Woodbine to North on Chumuckla Hwy to Right on Wallace Lake Rd
  • Latitude: 30.683681
  • Longitude: -87.190115
  • Subdivision Name: Tamrell Forest
Taxes and HOA Information
  • Tax Legal Description: Lengthy in file
  • 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
School Information
  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: CENTRAL
Property
Lot Information
  • Construction Materials: Brick
  • Levels: One
  • Lot Features: Interior Lot
  • Lot Size Dimensions: 118x350
  • Road Responsibility: County Maintained Road
  • Roof: Shingle
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: No
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 182N290000005340000
  • Homestead: Yes
  • Photos Count: 1
  • Property Condition: Resale
Utilities
  • Electric: Circuit Breakers, Copper Wiring
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Privacy
  • Foundation Details: Slab
  • Patio And Porch Features: Screen Porch
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
  • Cooling: Central Air, Ceiling Fan(s)
  • Covered Spaces: 2.0
  • Flooring: Tile, Carpet
  • Heating: Central, Fireplace(s)
  • Interior Features: Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, Plant Ledges, Recessed Lighting, Sun Room, Office/Study
  • Laundry Features: Inside
  • Stories: 1
  • Window Features: Blinds, Shutters
Room Information
Room Information
  • Room Bathroom Features: Not Updated
  • Room Dining Room Features: Formal Dining Room, Kitchen/Dining Combo, Living/Dining Combo
  • Room Kitchen Area: 195.0
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry
  • Room Kitchen Length: 13.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 15.0
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: Unknown
  • Lease Considered: No

Property History for 3161 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Apr 11, 2022

Sold (Public Record)

Public Record #1490657482

$470,000

+9.9% / yr

Apr 11, 2022

Sold

PENSACOLA #606832

$470,000
Apr 11, 2022

Listed (Active)

PENSACOLA #606832

$470,000
DateEvent & SourcePrice
04/11/2022

Sold (Public Record)

Public Record #1490657482

$470,000

+9.9% / yr

04/11/2022

Sold

PENSACOLA #606832

$470,000
04/11/2022

Listed (Active)

PENSACOLA #606832

$470,000

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

Public Records for 3161 Wallace Lake Road

Taxable ValueLand$55,550Additions$313,047Total$368,597
Tax Record2025$4,091 ($341 / month)
Home Facts
Beds4Total Finished SqFt3,046 SqFtAbove Grade Finished SqFt3,046 SqFtStories1Lot Size43,996 SqFtStyleSingle Family ResidenceYear Built2011ZoningAG-RRCountySANTA ROSAAPN18-2N-29-0000-00534-0000Fireplace TypeHas Fireplace

Schools near 3161 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: 3161 Wallace Lake Road, Pace, FL 32571
$470,000
4
3,046
43,995
$560,000
4
2,399
43,560
$226,500
4
43,560
$321,625
4
43,560
$399,900
4
3
2,394
44,867
$366,000
5
3,258
43,560

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.