Sold
Last Sold Price
205,254 Lot Size4.71 Acres

lot 38 Wallace Lake Rd, Pace, FL 32571

LandProperty Type
4.71 acresLot Size

Description

Peace and quiet in Pace await you! 4.712 Acres IN PACE! Beautiful wooded lot off Wallace Lake Rd, ready for you to build your perfect dream home. This undeveloped parcel is located just 5 driving miles from 5 points/shopping. The clear and crisp waters of Ten Mile Creek define the back line of the property. The lot is forested and has deer on it. This is a must see!Peace and quiet in Pace await you! 4.712 Acres IN PACE! Beautiful wooded lot off Wallace Lake Rd, ready for you to build your perfect dream home. This undeveloped parcel is located just 5 driving miles from 5 points/shopping. The clear and crisp waters of Ten Mile Creek define the back line of the property. The lot is forested and has deer on it. This is a must see!
  • Listed by: Vicki Hodges • Coldwell Banker Realty
Listing closed: 02/26/2021 12:00 AM • Source: PENSACOLA, MLS#: 582402
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Recent comparable sales

Median sold price

$110,000

Avg days on market

219

Sale-to-list ratio

87.0%

Pace, FL

9 comparable properties found

$110,000 | Lot 1 Wallace Lake Road, Pace, FL 32571
1/4
1

$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
2

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$76,000 | 6828 Tranquility Trail, Pace, FL 32571
1/6
3

$76,000

Sold 01/16/26

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

$110,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
a view of a house with yard and lake view
1/30
5

$117,500

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.11
Acres
$120,000 | Lot 5 Wallace Lake Road, Pace, FL 32571
1/3
6

$120,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
a view of a sink and table with wooden floor
1/9
7

$90,000

Sold 06/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.21
Acres
$94,000 | Lot 001 Curtis Road, Pace, FL 32571
1/2
8

$94,000

Sold 07/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.93
Acres
$65,000 | 2046 Ten Mile Road, Pace, FL 32571
1/3
9

$65,000

Sold 03/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.31
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Kuhn Realty

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Property Information for Lot 38 Wallace Lake Road

Property Details

  • MLS Type: Land / Land/Acreage
  • View: Creek/Stream
  • Waterfront Features: Stream/Creek, No Waterfront Features
  • Zoning Description: Res Single

Building Information

  • Lot Size: 4.71 AC

Summary

Location and General Information
  • Directions: Take Quintette to Renfroe Rd. Follow Renfroe to Wallace Lake Rd. Turn Left. You'll pass Charming Lane on the left and the Lot will be on your right, just past the blue home on the right. Lot 38
  • Latitude: 30.68284901
  • Longitude: -87.22253266
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: (*NEW PARCEL FOR 2012 ROLL:)COM AT NE SEC CORN THN S3*13'57"W ON E SEC LN 3079.38 FTTHN N86*46'03"W 2191.68 FT TOC/L OF A CREEK FOR POB THN S61*52'53"W 22 FT +/- TO PT "A"THN CONT 795.23 FT TO NE R/WOF WALLACE LAKE RD THN N29*54'02"W ON RD 148 FT THN N28*05'14"W ON R/W 102.08 FT THN N61*52'53"E 806.35 FT TO PT LYINGN26*36'48"W & 250.09 FT FRM PT"A" THN CONT N61*52'53"E 36 FT+/-TO C/L OF CREEK THN MEANDERSELY ALNG CREEK 253 FT +/- TOPOB ALSO KNOWN AS LOT 38 OFAN UNREC SUB AS DES IN OR3230 PG 1902 (OUT OF #1)
  • Additional Parcels: No
  • Association: No
  • Assn: NONE
School Information
  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: CENTRAL

Property

Lot Information
  • Frontage Length: Road Frontage(250)
  • Lot Features: Wooded, Central Access, No Improvements
  • Lot Size Dimensions: 250' x 800' approximate
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Horse: No
  • View: Yes
  • Waterfront: Yes
Property and Assessments
  • Current Use: Residential
  • Documents Available: Bldg Restrctions, Survey
  • Documents Count: 3
  • Parcel Number: 142N300000001150000
  • MISCELLANEOUS: CONVENANTS, SURVEY AVAIL
  • Photos Count: 3
Utilities
  • Electric: None
  • Sewer: None
  • Utilities: Natural Gas Not Available, None
  • Water Source: None

Multi Family

Multi-Family Information
  • Number Of Lots: 1

Rental

Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for Lot 38 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Feb 26, 2021

Sold

PENSACOLA #582402

$96,900—
Jan 26, 2021

Pending

PENSACOLA #582402

—
Dec 17, 2020

Listed (Active)

PENSACOLA #582402

$100,000—
DateEvent & SourcePrice
02/26/2021

Sold

PENSACOLA #582402

$96,900
01/26/2021

Pending

PENSACOLA #582402

—
12/17/2020

Listed (Active)

PENSACOLA #582402

$100,000

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

Schools near Lot 38 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 38 Wallace Lake Road, Pace, FL 32571
$96,900
–
–
–
205,254
$254,051
3
–
49,440
$74,000
–
–
–
234,788
$297,109
4
2,310
47,480
$42,000
3
3
1,758
47,480
$140,000
–
–
–
205,254

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.