7175 Wallace Dr

2,074 Sq. Ft.
$253 / Sq. Ft.
2,074
Sq. Ft.
$253
per Sq. Ft.

Description

Beautifully updated home in Pace situated on nearly 2 acres, including a separate 1-acre wooded lot next door filled with stunning mature oak trees—offering privacy and a peaceful, natural setting. This home was completely stripped to the studs in 2020 and rebuilt with everything new, including electrical, plumbing, roof, windows, kitchen, and bathrooms. Designed with comfort and efficiency in mind, the home features spray foam insulation in both the walls and ceiling and tankless gas hot water....Beautifully updated home in Pace situated on nearly 2 acres, including a separate 1-acre wooded lot next door filled with stunning mature oak trees—offering privacy and a peaceful, natural setting. This home was completely stripped to the studs in 2020 and rebuilt with everything new, including electrical, plumbing, roof, windows, kitchen, and bathrooms. Designed with comfort and efficiency in mind, the home features spray foam insulation in both the walls and ceiling and tankless gas hot water. Inside, you’ll find a bright open-concept layout with a formal dining area and a beautiful kitchen that flows seamlessly into the living space—perfect for entertaining or everyday living. The kitchen is ideal for the cook in the family, offering both style and functionality. The spacious primary suite includes a walk-in closet, double vanity, and a large walk-in shower for a true retreat feel. Additional highlights include washer and dryer conveying with the home, blinds throughout, partial fencing, and well water for irrigation. Enjoy outdoor living with a covered front porch and back patio, plus a covered walkway leading to extra storage. The property also features an 18x30 detached garage with potential to convert into a guest cottage, RV hookup, extra parking, and plenty of privacy. Conveniently located just minutes from Five Points, nearby shops, and a short walk or golf cart ride to the Piggly Wiggly, Dollar General and Wallace Lake School K-8. This home offers the perfect blend of peaceful living and everyday convenience.
  1. Listed by Renae Rollo • 2 PARADISE REALTY

Property Details for 7175 Wallace Drive

Architectural Style
Craftsman, Ranch
Zoning Description
Agricultural,County,Res Single
LISTING UPDATED: 04/05/2026 02:44 AM

Property Details for 7175 Wallace Drive

StatusContingent
MLS #679781
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1968
Lot Size1.99 AC / 86,858 SF
CountySanta Rosa County

Location

Listing Courtesy of 2 PARADISE REALTY
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Building Information for 7175 Wallace Drive

Stories1Year Built1968Building Size-Lot Size1.99 AC / 86,858 SF

Payment Calculator

$2,797 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,644

Property Taxes

$153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7175 Wallace Drive

Summary
Location and General Information
  • Directions: From Pensacola Davis Hwy take US -90 E, Woodbine Rd and Chumuckla Hwy to Wallace lake Rd in Wallace, continue. on Wallace Lake Rd to Wallace Dr.
  • Latitude: 30.686403
  • Longitude: -87.186016
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: Desc In More Detail For 2019 Com Se Cor W2 Of Ne4 Th W 420 Ft Th N 374.18 Ft To Pob Th Cont N 509.37 Ft Th N89 53'20 W 275.65 Ft Thn S09 37'00E 147.38 Ft Thn S00 55'13 363. 52 Ft S89 44'58E 256.87 Ft To Pob Less & Except The Follwg: Com Se Corn W2 Of Ne4 Thn N90w 420 Ft Thn N 374.18 Ft To Pob Cont 169.57 Ft Thn N88 51'57 W 254.13 Ft Thn S0 55'13W 173 .50 Ft Thn S89 44'58E 256.87 To Pob (#1.62) All As Des In Or 3784 Pg 1094 Less All Mineral Rights
  • Association: No
Parking
  • Carport Spaces: 2.0
  • Parking Features: 2 Car Carport, Covered, RV Access/Parking, Side Entrance, Courtyard Entrance
  • Parking Total: 2.0
  • Carport: Yes
  • Garage: No
School Information
  • Elementary School: Wallace Lake K-8
  • High School: Central
  • Middle Or Junior School: WALLACE LAKE K-8
Property
Lot Information
  • Construction Materials: Frame
  • Levels: One
  • Lot Features: Central Access
  • Lot Size Dimensions: 341' x 274' x 339' x 250'
  • Road Responsibility: County Maintained Road
  • Road Surface Type: Paved
  • Roof: Shingle
  • Cooling: Yes
  • Heating: Yes
  • Horse: No
  • New Construction: No
  • Property Attached: No
Property and Assessments
  • Documents Count: 3
  • Parcel Number: 182N290000001010000
  • Homestead: Yes
  • Photos Count: 71
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Insulation, Insulated Walls
Utilities
  • Electric: Copper Wiring
  • Sewer: Septic Tank
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler, Rain Gutters
  • Fencing: Partial
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Covered Porch
  • Pool Features: None
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Tankless Water Heater/Gas, Dryer, Washer, Dishwasher, Refrigerator, ENERGY STAR Qualified Water Heater
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, ENERGY STAR Qualified Wall/Window Unit(s)
  • Covered Spaces: 2.0
  • Flooring: Tile, Carpet
  • Heating: Central
  • Interior Features: Storage, Baseboards, Ceiling Fan(s), High Ceilings
  • Laundry Features: Inside, Laundry Room
  • Stories: 1
  • Window Features: Double Pane Windows
Room Information
Room Information
  • Room Bathroom Area: 49.589999999
  • Room Bathroom Features: Remodeled
  • Room Bathroom Length: 8.7
  • Room Bathroom Level: First
  • Room Bathroom Width: 5.7
  • Room Bedroom Area: 138.03
  • Room Bedroom Length: 10.7
  • Room Bedroom Level: First
  • Room Bedroom Width: 12.9
  • Room Dining Room Features: Formal Dining Room, Kitchen/Dining Combo
  • Room Kitchen Area: 323.0
  • Room Kitchen Features: Remodeled, Granite Counters
  • Room Kitchen Length: 17.0
  • Room Kitchen Level: First
  • Room Kitchen Width: 19.0
  • Room Living Room Area: 400.0
  • Room Living Room Length: 20.0
  • Room Living Room Level: First
  • Room Living Room Width: 20.0
Room 1 Information
  • Room Bedroom 1 Area: 141.6
  • Room Bedroom 1 Length: 12.0
  • Room Bedroom 1 Level: First
  • Room Bedroom 1 Width: 11.8
Rental
Rental Information
  • Leasable Area Units: Square Feet
  • Rent Restrictions: Unknown
  • Lease Considered: No

Property History for 7175 Wallace Drive

DateEvent & SourcePriceAppreciation
Apr 4, 2026

In Contract

PENSACOLA #679781

Mar 25, 2026

Listed (Active)

PENSACOLA #679781

$525,000
Nov 20, 2018

Sold (Public Record)

Public Record #636528305

$85,000
DateEvent & SourcePrice
04/04/2026

In Contract

PENSACOLA #679781

03/25/2026

Listed (Active)

PENSACOLA #679781

$525,000
11/20/2018

Sold (Public Record)

Public Record #636528305

$85,000

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

Public Records for 7175 Wallace Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$1,841 ($153 / month)
Home Facts
Beds3Total Finished SqFt2,074 SqFtAbove Grade Finished SqFt2,074 SqFtStories1Lot Size94,090 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated1988ZoningAG-RRCountySANTA ROSAAPN18-2N-29-0000-00101-0000

Schools near 7175 Wallace Drive

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.

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Listing Courtesy of 2 PARADISE REALTY

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.