2481 Wallace Lake Rd, Pace, FL 32571
Property image
Property image
OFF MARKET

$878,800

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 3,012 sqft (on 2.36 acres)

2481 Wallace Lake Rd, Pace, FL 32571

Est. Refi. Payment $5,488/mo*
Refinance Your Home
Currently Off Market - Sold May 27, 2021 for $752,000

Home Value

Trulia Estimate
$879K
Since last month
Decreased$4K (-0.5%)
Since last year
Decreased$16K (-1.8%)
Since last sale
Increased$129K (+17.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +440% in the last 10 years
MonthEstimated value
2026
August 2026$881K
August 2026$879K
July 2026$885K
June 2026$890K
May 2026$886K
April 2026$882K
March 2026$880K
February 2026$874K
January 2026$859K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6619 Allison Way, Pace, FL
0.35
Single-Family Home
$750,000
12/29/25
4
3.5
3,700
6774 Quintette Rd, Pace, FL
0.50
Single-Family Home
$742,000
06/05/26
4
3.5
3,231
6786 Quintette Rd, Pace, FL
0.46
Single-Family Home
$699,000
03/06/26
4
4
4,315
6505 Drayton Hill Way, Pace, FL
0.90
Single-Family Home
$850,000
08/07/26
4
2
4,411
6377 Ladera Trl, Pace, FL
0.60
Single-Family Home
$375,000
07/29/26
4
2.5
2,435
2863 Wallace Lake Rd, Pace, FL
1.02
Single-Family Home
$438,900
09/01/26
4
3
2,226
2436 Renfroe Rd, Pace, FL
0.32
Single-Family Home
$135,000
02/05/26
2
2
1,116
6120 Buttonbrook Dr, Pace, FL
1.21
Single-Family Home
$590,000
12/05/25
5
3
3,115
6372 Ladera Trl, Pace, FL
0.61
Single-Family Home
$320,000
08/28/26
4
2
1,936
2835 Gemstone Cir, Pace, FL
1.38
Single-Family Home
$710,000
07/20/26
5
3
3,141

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1 Wallace Lake Rd, Milton, FL 32571
0.09
$195,000
-
-
-
Recently Sold
2428 Wallace Lake Rd, Milton, FL 32571
0.13
-
-
-
-
Off Market
2442 Wallace Lake Rd, Pace, FL 32571
0.14
$654,300
4
3.5
2,357
Off Market
17 S Wallace Lake Rd, Milton, FL 32571
0.28
-
-
-
-
Off Market
2433 Wallace Lake Rd, Pace, FL 32571
0.28
$2,200,000
5
5
4,500
For Sale
2427 Wallace Lake Rd, Pace, FL 32571
0.29
$504,600
4
3
2,310
Off Market
2436 Renfroe Rd, Pace, FL 32571
0.32
$135,000
2
2
1,116
Recently Sold
2424 Renfroe Rd, Pace, FL 32571
0.32
$793,600
6
3
3,038
Off Market
6619 Allison Way, Pace, FL 32571
0.35
$750,000
4
3.5
3,700
Recently Sold
2388 Wallace Lake Rd, Pace, FL 32571
0.36
-
-
-
-
Off Market
2501A Renfroe Rd, Milton, FL 32571
0.40
-
-
-
-
Off Market
2562 Renfroe Rd, Pace, FL 32571
0.42
$509,700
4
2
2,036
Off Market

Local Information

  • Map ViewExplore the area around 2481 Wallace Lake Rd.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2016
2.36 acre lot
3,012 sqft
$292/sqft
Garage

About this House

WELCOME HOME!!!! This GORGEOUS craftsman style home is situated on 2.36 ACRES and boasts and INGROUND Saltwater POOL, 2-Car side entry garage and a detached 2-Car garage that is heated and cooled. There is also an enclosed 30x40 Pole Barn with two roll up doors that make for great storage and/or a workshop. As you pull up to the home, you will notice that is is well maintained and has several maturing peach, mulberry, and plum trees as well as blueberry bushes that are currently producing fruit. Walking to the front of the home you will notice a large porch and wooden shutters. Walking into the home, the formal dining is located to the left with double trey ceilings with crown molding that is open to the kitchen and living area. The entire home has tiled wood-look flooring with the exception of the bonus room over the garage that has carpet. The home features granite counters in the kitchen and bathrooms. The windows have Plantation Shutters, pendant lights over the island in the kitchen and a fireplace in the living area. The kitchen has a oversized island with undermount sink, gas stove, Samsung appliances and pantry. All closets in the bedrooms have custom wood built-ins by California Closets to amplify usage. The master is large with a double trey ceiling and crown molding. The master bath has a tiled shower with a frameless glass door and overhead rain shower head, separate garden tub and split vanities. From the master bath, there is a pocket door leading into a beautiful walk-in closet that connects to the laundry. From the breakfast nook, you walk onto the covered back lanai that overlooks the pool and is enclosed by a metal fence. There is a fire pit in the back left corner of the pool. Behind the fence is open partially wooded space with a cove tucked away for a Summer retreat. There is also a propane gas home generator that powers almost the entire home. COME make this your DREAM home TODAY!
2481 Wallace Lake Rd, Pace, FL 32571 is a 5 bedroom, 3 bathroom, 3,012 sqft single-family home built in 2016. It last sold for $752,000 on May 27, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $878,800, with a rent estimate of $3,314/month.

Home Details for 2481 Wallace Lake Rd

Interior Features

Heating & Cooling
Heating: Forced Air, Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room
Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Masonry
Pool
Pool
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Community

Units in Building: 1

Lot Information

Lot Area: 2.36 acres

Price and Tax history

DateEventPrice
May 27, 2021
Source: PAR #588764
Sold
$752,000
Apr 30, 2021
Source: PAR #588764
Listed For Sale
$739,000
Oct 15, 2019
Source: PAR #555056
Sold
$587,000
Jun 1, 2019
Source: Agent Provided
Listed For Sale
$598,500
Feb 23, 2016
Source: N/A
Sold
$52,500

Market trends in Pace

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$347K
$13.43KMoM
Sale-to-List Price
99.2%
Price per sq ft
$175
$5MoM
Available listings
217
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Pace

At least 181 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 92 % Say yards are well-kept

  • 90 % Say parking is easy

  • 84 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 77 % Say it's quiet

  • 75 % Say kids play outside

  • 67 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 39 % Say streets are well-lit

  • 35 % Say it's walkable to grocery stores

  • 26 % Say there are sidewalks

  • 25 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I love it school are great and neighbors are nice very safe place for the kids and pets ……………………………"
    0
    Flag
  • Phillipidesdan
    "Long but pleasant. I work 45 minutes from where I live and go against the flow of most traffic. The afternoon return commute is worse because of heavy traffic on highway 90"
    0
    Flag
  • Stgcret
    "50 homes, serene and close to retail and eateries. Walmart & Lowes just a mile or less away. Carsten Oaks is a very safe place to live with no crime in the 23 years we have lived here. "
    0
    Flag
  • Traci L. B.
    "Milton is a quaint small town located on a scenic River. there are several small communities between Milton and Pensacola. Milton, Pace, 5 points, are pretty safe areas with good schools. Each community has its own personality. Almost all of them are Military friendly. "
    1
    Flag
  • Albourff
    "Short and easy. Not a lot of traffic and lots of different routes available. Would highly recommend."
    2
    Flag
  • Royal H.
    "Food trucks once a weekLocal events and things. Barry country living. Suburbs and country feel. But 20 minutes to the beach from 20 minutes to downtown Pensacola"
    0
    Flag
  • Marthaeugenia.garcia
    "Good place, quiet environment and landscapes . Gas stations, restaurants, supermarkets and other services are close . "
    4
    Flag
  • Marthaeugenia.garcia
    "Gulf camp, several parks near to the community , walking trails, natural scenarios, near Milton, Pensacola and Pace "
    5
    Flag
  • Luis R.
    "Good neighborhood , quiet and nice place . The environment is good to raise children . The area public spaces and public services ."
    4
    Flag
  • Matthew C.
    "Moved here because of the schools. Stayed because of the great people and neighborhoods. We love having land around our house and not being right on top of our neighbors, but still close enough to be social. "
    2
    Flag
  • Elizabeth M.
    "There is no dog park. The neighbors are mean to animals. Many loose animals that may harm other animals. "
    0
    Flag
  • Travis C.
    "Overall the area is a decent area to live however home prices definitely seem over-inflated and with all the new construction going on the city will have a difficult time keeping up with the‘pace’ of progress."
    5
    Flag
  • Nick H.
    "Safe neighborhood with great schools, low crime, reasonable pricing for houses, family oriented, and has great stores and restaurants."
    1
    Flag
  • Suzette D.
    "I think dog owners would enjoy walking their dogs in this neighborhood because it feels safe and people are friendly. "
    1
    Flag
  • Nick H.
    "Close to schools, great neighborhood, family friendly. Prices going up and Henry is building last phase. HOA controlled by outside facility, only wish neighborhood would self control HOA."
    0
    Flag
  • Unspecified
    "Top rated A+ schools in the entire state. Pace is a fast growing community. People are kind. Crime is very Low."
    1
    Flag
  • Katie M.
    "People walk their dogs daily and clean up after them. Our neighborhood has sidewalks which makes dog walking safe and accommodating. "
    0
    Flag
  • Katie H.
    "People walk dogs regularly Not a lot of stray animals around Neighborhood stays clean and well kept"
    0
    Flag
  • Rachel D.
    "There is a leash law but many dog owners. We live right off West Spencerfield which is sidewalked block around the field. It is a mile each direction. Many people stroll their children, jog, and walk their dogs around it. "
    0
    Flag
  • Brenden S.
    "Lots of potlucks, the neighbors are all extremely nice and helpful. 10/10 would reccomend living here to anyone "
    2
    Flag
  • Rachel D.
    "I've bought a home here in Pace about 2 & 1/2 to 3 years ago. I love that all the people in my neighborhood, or on my street more specifically look out for one another. "
    2
    Flag
  • Halle M.
    "People are always walking their dogs and always have them on leashes which is a good thing cars look out for dogs "
    1
    Flag
  • Tory R.
    "Speeding cars, vicious dogs in the neighborhood, so many cars parked in the road "
    0
    Flag
  • Megan
    "my neighborhood has great commute and close to any and everything shopping fast food schools etc .. I absolutely love the area. "
    0
    Flag
  • Jpmdadb
    "I’ve lived in Pace 49 years, love it here, people are friendly and low crime area, do miss the wide open spaces now filled with subdivisions though."
    0
    Flag
  • Aquame43
    "there's a park in our neighborhood. there's plenty of children for your kids to play with. very nice families 9pm cerfew "
    0
    Flag
  • Dean V.
    "This is one of the quaintest, quietest and friendliest neighborhoods that I have been in for the past 20 years."
    0
    Flag
  • Marthaeugenia g.
    "Good environment , nice landscapes . Safe, clean, very good amenities . We had lived here since three months ago. "
    1
    Flag
  • Amy B.
    "It’s a smaller community and is a great place to live, it still has a country feel to most areas and doesn’t feel crowded or overrun. "
    3
    Flag
  • cribbdog1
    "I have lived in Pace Florida for three years. It's a very friendly subdivision and a great place to live. The schools are great and the subdivision is close to shopping and restaurants. Your only a 30-40 minute drive to NAS Pensacola and 15 minutes to NAS Whiting Field."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2481 Wallace Lake Rd

  • What is 2481 Wallace Lake Rd estimated to be worth?
    Trulia's estimated value for 2481 Wallace Lake Rd in Pace, FL is $878,800.
  • What is the price history for 2481 Wallace Lake Rd?
    2481 Wallace Lake Rd in Pace, FL last sold for $752,000 in May 2021.
  • Is Pace a buyer's or seller's market?
    Pace is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Pace?
    The median sale price in Pace is $347K. That is up $13.43K from the prior month.
  • Does 2481 Wallace Lake Rd have air conditioning?
    Yes, 2481 Wallace Lake Rd in Pace, FL has air conditioning.
  • Does 2481 Wallace Lake Rd have a pool?
    Yes, 2481 Wallace Lake Rd in Pace, FL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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