2248 Wallace Lake Rd, Pace, FL 32571
FOR SALE
11.7 ACRES

2248 Wallace Lake Rd
Pace, FL 32571

  • 3 Beds
  • 2.5 Baths
  • 2,142 sqft (on 11.70 acres)

$783,800

Original price: $788,800
Est. Mortgage $4,779/mo*

$783,800

Original price: $788,800
Est. Mortgage $4,779/mo*
3 Beds
2.5 Baths
2,142 sqft
(on 11.70 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

11.7 UNRESTRICTED ACRES - CREEK - DETATCHED GARAGE/WORKSHOP - GUN RANGE - WALLACE LAKE RD Welcome to this custom-built home designed for comfort, privacy, and true country living. Inside, you’ll find beautiful wood accent ceilings in both the living room and primary suite, adding warmth and character throughout. The primary suite also includes his and her walk-in closets. A wood-burning fireplace anchors the main living space, while a large office or bonus room offers flexibility for working from home, homeschooling, or extra living space. The thoughtfully designed layout features separate living and kitchen areas, allowing everyone to enjoy their space. The home is equipped with a whole-house water filtration system for added peace of mind. A new A/C installed in 2025 ensures year-round comfort. Outside, the property is enhanced by a natural wooded barrier, providing exceptional privacy and a peaceful, secluded setting. With no deed restrictions and no HOA, the possibilities are endless. The property features a fully paved driveway & a large storage building that connects to a two-car carport, creating a convenient breezeway, along with a 24x36 detached garage/shop. A 50-amp RV hookup and slab make hosting or traveling easy. This is the perfect place to finish your homestead or family compound, featuring a private gun range, four-wheeler trails, and winding paths leading to the creek. Enjoy over 900 feet of creek frontage on 10 Mile Creek, surrounded by abundant wildlife and unmatched privacy. Zoned for Wallace Lake schools, this one-of-a-kind property offers freedom, space, and a lifestyle rarely found. Book your private showing today!

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
View
No Info
HOA
None
Price/Sqft
$366
Listed
120 days ago

Home Details for 2248 Wallace Lake Rd

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Bedroom, Bedroom 1, Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2142 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Dishwasher, Refrigerator, ENERGY STAR Qualified DishwasherDishwasherLaundry: Inside,W/D HookupsRefrigerator
Heating & Cooling
Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Central Air,Ceiling Fan(s),ENERGY STAR Qualified EquipmentHas HeatingHeating Fuel: Central
Fireplace & Spa
Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane WindowsDoor: ENERGY STAR Qualified DoorsFlooring: Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet

Exterior Features

Exterior Home Features
Roof: Shingle HipPatio / Porch: Covered, Porch, Covered DeckFencing: Chain LinkOther Structures: Yard BuildingFoundation: Slab
Parking & Garage
Number of Carport Spaces: 2Has a CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: 2 Car Carport,4 or More Car Garage,Circular Driveway,RV Access/Parking
Pool
Pool: None
Frontage
WaterfrontWaterfront: Creek/Stream, Waterfront, NaturalResponsible for Road Maintenance: County Maintained Road, Private Maintained RoadRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 118Days on Market: 120

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Country
Building
Construction Materials: Brick, FrameNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 142n300000001000000

Price & Status

Price
List Price: $783,800Price Per Sqft: $366
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: PaceCommunity: None
School Information
Elementary School: Wallace Lake K-8Jr High / Middle School: WALLACE LAKE K-8High School: Central

Agent Information

Listing Agent
Listing ID: 677601

Building

Building Area
Building Area: 2142 Square Feet

HOA

No HOA

Lot Information

Lot Area: 11.7 Acres

Energy

Energy Efficiency Features: Lighting

Miscellaneous

Mls Number: 677601
Last check for updates: about 14 hours ago
Listing courtesy of Cara Smyly, (850) 304-5866
American Valor Realty LLC
Source: PAR, MLS#677601
Also Listed on PAR.

Market trends in Milton

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$262K
$6.48K
MoM
Sale-to-List Price
99.4%
0.5%
MoM
Price per sq ft
$166
$3
MoM
Available listings
332
1
MoM

Price History for 2248 Wallace Lake Rd

DatePriceEventSource
06/10/2026$783,800PriceChange
PAR #677601
05/09/2026$788,800PriceChange
PAR #677601
04/30/2026$798,800PriceChange
PAR #677601
04/08/2026$808,000PriceChange
PAR #677601
02/13/2026$815,000Listed For SalePAR #677601
09/24/2014$216,600Sold
N/A
05/13/2013$63,300Sold
N/A
03/07/2012$131,200Sold
N/A
06/24/2011$174,800Sold
N/A

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Property Tax and Assessment

Year2024
Tax$328
Assessment$485,842
Home facts updated by county records

Comparable Sales for 2248 Wallace Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.81
Single-Family Home
$625,000
10/21/25
4
2
2,038
1.01
Single-Family Home
$715,000
03/31/26
5
3.5
3,300
1.01
Single-Family Home
$750,000
12/29/25
4
3.5
3,700
1.13
Single-Family Home
$135,000
02/05/26
2
2
1,116
1.53
Single-Family Home
$281,500
02/13/26
3
2
1,698
1.36
Single-Family Home
$742,000
06/05/26
4
3.5
3,231
1.56
Single-Family Home
$350,000
05/15/26
3
2
1,979
1.31
Single-Family Home
$699,000
03/06/26
4
4
4,315
1.70
Single-Family Home
$334,900
05/22/26
4
2
1,774
1.89
Single-Family Home
$355,000
05/14/26
3
2
1,404

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2248 Wallace Lake Rd.

What Locals Say about Milton

At least 263 Trulia users voted on each feature.
  • 91 % Say parking is easy

  • 91 % Say car is needed

  • 85 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 77 % Say there's holiday spirit

  • 71 % Say it's quiet

  • 65 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 55 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 33 % Say streets are well-lit

  • 25 % Say it's walkable to grocery stores

  • 24 % Say there are sidewalks

  • 22 % Say there are community events

  • 16 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • J4vjdh42yc
    "Clean river to hike and let your pup swim in. Nice hiking places. Quiet side roads. Large lots. Good veterinary services. Plentiful pet supply outlets. Large dog park. "
  • Pammybarry
    "I would love to see a dog park or walking trail. Sidewalks would have been nice. Speed bump on some of the most traveled roads ."
  • Dalena Simmons
    "Trick or treat the streets We have all kinds of things to do near by. I live more in the country part of Milton fl."
  • Boyd L.
    "Dog owners are very responsible and take care of their dogs. It’s Very pet friendly neighborhood. There are dog parks in the neighborhood. Restaurants are dog friendly too. "
  • Stevenrasberryte
    "Great area! Very homey, perfect for families! Very military friendly! Close to beautiful beaches!!!!"
  • Carrie H.
    "Our HOA is community-oriented. It hosts community beautification days, Christmas parties, and fall festivities. "
  • Caitfranko
    "It’s safe. We have yard sales frequently. Neighbors are friendly. Kid/family friendly. "
  • Rachelnicole123
    "There’s many families in this area. It has great schools, multiple grocery stores, plenty fast food, & an Pensacola Beach is less than an hour away!! "
  • Ladwanya H.
    "There could be more for the kids to do around town, but there’s lots of parks,beaches and places to eat ."
  • Chctc0122
    "Nice people and a nice community. We have great local businesses here with unique finds. I was raised here and moved away for 15 years. Realized I miss the small town feel and the folks here."
  • Shillabrand
    "Dogs aren't roaming the neighborhood. There is a leash law. The yards are an acre each and there is plenty of room for dogs to play. Great neighborhood to walk your dogs."
  • Thedraiss5
    "Bands on the Blackwater and something down town almost every weekend................................................................. "
  • Pamela S.
    "Very few sidewalks in East Milton though there is a lot of greenspace and a cobblestone trail...biking and boating/ fishing is easy here "
  • Elaine B.
    "It's a quite neighborhood. Close to stores, Schools and Restaurants. Close to the Dr. office and the Hospital is not a mile away. "
  • Pamela S.
    "my neighborhood has great access to a major highway which is well-constructed and mail well-maintained also very well patrolled by state troopers. road ranger availability is good if you should have a problem. the only negative is that if there is a wreck time to clear the road seems extended and traffic backs up for miles and miles since exits are so far apart. "
  • Pamela S.
    "I've rented in this neighborhood long enough to know that I want to live here it feels very safe down home country charm close to the interstate with plenty of shopping nearby "
  • Zach M.
    "Trick or treating but overall the community is great can’t wait to see what the future has in store for us"
  • Tientien0026
    "Been here for two months; so far nothing seems alarming but wish it was a little more diverse in terms of people as well as food"
  • Angie P.
    "Milton is classic small town and a really nice place to live. I've been here my whole life and can't fathom leaving."
  • Katy F.
    "The schools are great, and the neighbors lookout for each other in Sundial Estates/Windsor Villas. The Bagdad post office is the friendliest, most helpful post office in the county. The are building a really nice park in phases at the Bagdad mill site (with separate boat and kayak launches, and a dock for fishing). Bagdad has the lowest taxes. "
  • Jennblane
    "There are no sidewalks around here- or even painted lanes. I miss biking and rollerblading. Definitely needs improvement."
  • Angie P.
    "We have a county Fair and tribal powwows, etc for family fun. Also, the City of Milton is only 3 minutes from my home and they have a lot of activities in the city, like gallery nights and Bands on Blackwater (the name of the local river)."
  • Bonnie L.
    "Not many inclusive events, most are religious based or geared towards those with certain lifestyles. Not very family friendly."
  • Zachary P.
    "lived here for 16 years and always thought it was a nice neighborhood. only complaint is the USPS is really crappy."
  • Ellemcalla
    "Yes I see people walking their dogs at all hours of the day. There are lots of dog owners in this neighborhood."
  • Trulia User
    "The dog owners in the neighborhood seem to be very considerate of their neighbors by keeping their animals under control and picking up after them."
  • Mike L.
    "I drive myself 6 miles to work and would likely not use public transportation if it became available."
  • Sere P. M. D.
    "Schools are excellent, very nice and quiet neighborhood, close to everything, highly recommended for all kind of families "
  • Panteratime
    "NAS Whiting Field Navy Base and the beautiful wilderness around. everyone has a dog it seems, so I love it around here."
  • Travis C
    "I work out of town so most of my commute consists of highway travel. Otherwise finding parking downtown is rarely an issue."
  • Trulia User
    "There's a lot of families in the area. People are friendly and the community is nice. We enjoy the events!"
  • Cynthia N. W.
    "Lots of military families with children in the neighborhood. And lots of dogs. It’s a good place for children. Must have a car to go anywhere or shop. "
  • Cynthia N. W.
    "Lots of school aged children & military families in my neighborhood. Very safe. Must drive everywhere. "
  • Candace P.
    "The school in the area are amazing. East Milton is very nice place to live. My neighborhood is very safe. "
  • Justine W.
    "I live in historic Downtown Milton and it’s a perfect little small town with everything in walking distance. Friendly community and loads of festivals, boardwalk with the Blackwater river, Imogene Theater with musicians, shows, comedians. Several popular restaurants, Blackwater Heritage Trail runs adjacent to my back yard and is about 9 miles long. Too many things to list. "
  • Heather d.
    "We just moved to town, but have met so many wonderful people. Looking forward to settling down in the community."
  • David H. G.
    "Love country living. Peaceful. Great schools. Very private"

LGBTQ Local Legal Protections

Cara Smyly, American Valor Realty LLC
Agent Phone: (850) 304-5866
Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2248 Wallace Lake Rd, Pace, FL 32571 is a 3 bedroom, 3 bathroom, 2,142 sqft single-family home built in 2017. This property is currently available for sale and was listed by PAR on Feb 13, 2026. The MLS # for this home is MLS# 677601.