Sold
Last Sold Price
48,046 Lot Size1.10 Acres
lot 18 Wallace Lake Rd, Pace, FL 32571
LandProperty Type
1.10 acresLot Size

Description

Pristine 1 acre site that is level, high and dry, and tucked into the back of this sought ­after neighborhood. This fully wooded site with its tall, gorgeous oaks and pines offers. The perfect spot for your future with its views of the outdoors that must be experienced in person to fully appreciate. Come experience the best nature has to offer within this quiet, relaxing neighborhood full of large, custom homes on very large lots and conveniently located in Pace. Did I mention the neighborhood? It's...Pristine 1 acre site that is level, high and dry, and tucked into the back of this sought ­after neighborhood. This fully wooded site with its tall, gorgeous oaks and pines offers. The perfect spot for your future with its views of the outdoors that must be experienced in person to fully appreciate. Come experience the best nature has to offer within this quiet, relaxing neighborhood full of large, custom homes on very large lots and conveniently located in Pace. Did I mention the neighborhood? It's a friendly place where you'll meet your neighbors on their daily walk through this gorgeous and peaceful area full of large and colorfully landscaped properties that are an absolute joy to view any season of the year. This lot is part of a larger parcel that is split to have 2 acre see MLS (MLS#s ) should a multiple offer situation arise, Seller reserves the right to accept only the offers that divide the property to the best benefit of the seller.
  • Listed by: Rhonda Lowe • Coldwell Banker Realty OFC: 850-432-5300
Listing closed: 01/25/2017 12:00 AM • Source: PENSACOLA, MLS#: 510230

Recent comparable sales

Median sold price

$120,000

Avg days on market

120

Sale-to-list ratio

93.0%

Pace, FL

9 comparable properties found

$145,000 | 0 Serenity Spring Drive, Pace, FL 32571
1/7
1

$145,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.19
Acres
$76,000 | 6828 Tranquility Trail, Pace, FL 32571
1/6
2

$76,000

Sold 01/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.2
Acres
$110,000 | Lot 1 Wallace Lake Road, Pace, FL 32571
1/4
3

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$110,000 | Lot 2 Wallace Lake Road, Pace, FL 32571
1/3
4

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$110,000 | Lot 3 Wallace Lake Road, Pace, FL 32571
1/3
5

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$139,900 | Lot 4 Wallace Lake Road, Pace, FL 32571
1/3
6

$139,900

Sold 09/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
$195,000 | 1904 Wallace Lake Road, Pace, FL 32571
1/15
7

$195,000

Sold 06/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.03
Acres
$120,000 | Lot 5 Wallace Lake Road, Pace, FL 32571
1/3
8

$120,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
$189,000 | Lot 17-bs Buffalo Ridge Road, Pace, FL 32571
1/10
9

$189,000

Sold 05/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.79
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

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$188 per month

30 year fixed, 6.55% Interest

Principal and Interest

$188

Property Taxes

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HOA Dues

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Property Information for Lot 18 Wallace Lake Road

Property Details
  • MLS Type: Land / Residential Lots
  • Waterfront Features: No Waterfront Features
  • Zoning Description: Agricultural
Building Information
  • Lot Size: 1.10 AC
Summary
Location and General Information
  • Directions: Chumuckla Hwy to Wallace Lake Rd lot on right lot 18-S
  • Latitude: 30.688612
  • Longitude: -87.248346
  • Subdivision Name: Unrecorded
  • Topography: High/Dry,Level
Taxes and HOA Information
  • Tax Legal Description: COMMENCE AT THE SOUTHEAST CORNER OF SECTION 14, TOWNSHIP 2 NORTH, RANGE 30 WEST, SANTA ROSA COUNTY, FLORIDA; THENCE RUN NORTH 86 DEGREES 39 MINUTES 03 SECONDS WEST ALONG THE SOUTH LINE OF SAID SECTION A DISTANCE OF 3710.12 FEET; THENCE DEPART SAID SOUTH LINE NORTH 46 DEGREES 40 MINUTES 37 SECONDS EAST A DISTANCE OF 1339.59 FEET; THENCE RUN NORTH 30 DEGREES 57 MINUTES 00 SECONDS WEST A DISTANCE OF 329.11 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE NORTH 30 DEGREES 57 MINUTES 00 SECONDS WEST A DISTANCE OF 144.42 FEET; THENCE RUN NORTH 50 DEGREES 50 MINUTES 18 SECONDS EAST A DISTANCE OF 351.58 FEET TO AN INTERSECTION WITH THE SOUTHWESTERLY MAINTENANCE CLAIM OF WALLACE LAKE ROAD (50' MAINTENANCE CLAIM) THENCE RUN SOUTH 31 DEGREES 10 MINUTES 17 SECONDS EAST ALONG SAID SOUTHWESTERLY MAINTENANCE CLAIM A DISTANCE OF 85.39 FEET TO A POINT OF INTERSECTION; THENCE RUN SOUTH 34 DEGREES 23 MINUTES 20 SECONDS ALONG SAID SOUTHWESTERLY MAINTENANCE CLAIM A DISTANCE OF 45.40 FEET; THENCE DEPART SAID SOUTHWESTERLY MAINTENANCE CLAIM SOUTH 48 DEGREES 43 MINUTES 44 SECONDS WEST A DISTANCE OF 356.80 FEET TO THE POINT OF BEGINNING. SAID PARCEL LYING IN A BEING A PORTION OF SECTION 14, TOWNSHIP 2 NORTH, RANGE 30 WEST, SANTA ROSA COUNTY, FLORIDA AND CONTAINS 1.103 ACRES, MORE OR LESS. BEING KNOWN AS LOT 18-S OF AN UNRECORDED SUBDIVISION.
  • Assn: NONE
School Information
  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: CENTRAL
Property
Lot Information
  • Lot Features: Wooded, Central Access, Interior Lot
  • Lot Size Dimensions: 85.39x351.58
  • Road Frontage Type: County Road
  • Horse: No
Property and Assessments
  • Current Use: Agricultural, Residential, See Remarks
  • Documents Available: See Remarks
  • Documents Count: 2
  • Parcel Number: 142N300000001510000
  • MISCELLANEOUS: UNRECORDED SUBDIVISION
  • Photos Count: 1
Utilities
  • Electric: None
  • Sewer: None
  • Utilities: Natural Gas Not Available, None
  • Water Source: None
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for Lot 18 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Jan 25, 2017

Sold

PENSACOLA #510230

$37,000
Dec 22, 2016

Pending

PENSACOLA #510230

Dec 13, 2016

Listed (Active)

PENSACOLA #510230

$45,000
DateEvent & SourcePrice
01/25/2017

Sold

PENSACOLA #510230

$37,000
12/22/2016

Pending

PENSACOLA #510230

12/13/2016

Listed (Active)

PENSACOLA #510230

$45,000

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

Schools near Lot 18 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: Lot 18 Wallace Lake Road, Pace, FL 32571
$37,000
48,046
$63,000
187,308
$75,000
220,065
$60,000
43,560
$73,000
236,617
$31,000
45,302

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker 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.