Sold
Last Sold Price
45,302 Lot Size1.04 Acres

lot 74 Wallace Lake Rd, Pace, FL 32571

LandProperty Type
1.04 acresLot Size

Description

Just Reduced! ONLY empty lot remaining on the block. Prime 1 plus Acre Lot in Beautiful, Peaceful Tamrell Forest subdivsion! Moving and Must Sell! No Mobile Homes are allowed ~ Deed Restricted subdivision ~ The seller says this lot is High & Dry! Lot is ready to build your Dream Home ~ 2007 Survey is available ~ Seller says this lot includes the exclusive option to choose your own builder! Beautiful homes are being built in this subdivision. No HOA, no related fees. ~ Buyer to verify exact lot size...Just Reduced! ONLY empty lot remaining on the block. Prime 1 plus Acre Lot in Beautiful, Peaceful Tamrell Forest subdivsion! Moving and Must Sell! No Mobile Homes are allowed ~ Deed Restricted subdivision ~ The seller says this lot is High & Dry! Lot is ready to build your Dream Home ~ 2007 Survey is available ~ Seller says this lot includes the exclusive option to choose your own builder! Beautiful homes are being built in this subdivision. No HOA, no related fees. ~ Buyer to verify exact lot size & schools.
  • Listed by: James Rember • ASSIST 2 SELL REAL ESTATE
Listing closed: 11/14/2019 12:00 AM • Source: PENSACOLA, MLS#: 371499
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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 ASSIST 2 SELL REAL ESTATE

Sold By ASSIST 2 SELL REAL ESTATE

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$165 per month

30 year fixed, 7.03% Interest

Principal and Interest

$165

Property Taxes

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HOA Dues

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Property Information for Lot 74 Wallace Lake Road

Property Details

  • MLS Type: Land / Residential Lots
  • Zoning Description: Agricultural,No Mobile Homes,Res Single

Building Information

  • Lot Size: 1.04 AC

Summary

Location and General Information
  • Directions: Chumuckla Hwy, to left on Wallace Lake Rd. Lot about 1/4 mile down on left after entering subdivision
  • Latitude: 30.688613
  • Longitude: -87.248346
  • Subdivision Name: Tamrell Forest
  • Topography: High/Dry,Level
Taxes and HOA Information
  • Tax Legal Description: In File
  • Assn: MANDATORY
School Information
  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: CENTRAL

Property

Lot Information
  • Lot Features: Wooded, Interior Lot, Curb/Gutter
  • Lot Size Dimensions: 129 X 351
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Electric On Property: Yes
  • Horse: No
Property and Assessments
  • Current Use: Residential
  • Documents Available: Survey
  • Documents Count: 6
  • Parcel Number: 182N290000005400000
  • MISCELLANEOUS: CONVENANTS, RECORDED SUBDIVISION, SURVEY AVAIL
  • Mineral Rights: No
  • Photos Count: 3
Utilities
  • Electric: Underground
  • Utilities: Natural Gas Connected, Sewer Available, Electricity Connected, Gas, Phone Connected, Cable Connected
  • Water Source: Public

Rental

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

Property History for Lot 74 Wallace Lake Road

DateEvent & SourcePriceAppreciation
Nov 14, 2019

Sold

PENSACOLA #371499

$31,000—
Nov 5, 2019

Pending

PENSACOLA #371499

—
Jun 17, 2009

Listed (Active)

PENSACOLA #371499

$33,495—
DateEvent & SourcePrice
11/14/2019

Sold

PENSACOLA #371499

$31,000
11/05/2019

Pending

PENSACOLA #371499

—
06/17/2009

Listed (Active)

PENSACOLA #371499

$33,495

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

Schools near Lot 74 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 74 Wallace Lake Road, Pace, FL 32571
$31,000
–
–
–
45,302
$60,000
–
–
–
43,560
$73,000
–
–
–
236,617
$63,000
–
–
–
187,308
$75,000
–
–
–
220,065
$37,000
–
–
–
48,046

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 ASSIST 2 SELL REAL ESTATE

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.