2629 Wallace Lake Rd, Pace, FL 32571
Property image
Property image
PENDING
4 ACRES

2629 Wallace Lake Rd
Pace, FL 32571

  • 4 Beds
  • 3.5 Baths
  • 3,098 sqft (on 4 acres)

$725,000

Est. Mortgage $4,430/mo*
Get Pre-Qualified

$725,000

Est. Mortgage $4,430/mo*
Get Pre-Qualified
4 Beds
3.5 Baths
3,098 sqft
(on 4 acres)

Local Information

  • Map ViewExplore the area around 2629 Wallace Lake Rd.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

A TRUE HIDDEN GEM IN PACE! Welcome to your private, gated, and fully fenced 4 acre paradise retreat that checks every box and offers the perfect blend of space, functionality and lifestyle. This GORGEOUS home offers everything that you are looking for inside with comfort and charm, and features a FULLY STOCKED POND with bass and bream, SPARKLING POOL, and a MASSIVE 5-Bay (60' x 24') DETACHED SHOP that is perfect for all your toys, tools, and business needs. There is also a separate 1 Bedroom/1 Bathroom 650 sq ft COTTAGE, that has a fully functioning kitchen and laundry area, which adds versatility for multi-generational living, extended family or guests. For those that love HORSES, bring them with you because horses are allowed on the property - there is a stall and fenced area already in place. Enjoy outdoor living at its finest, all surrounded by peaceful open acreage. This is a RARE opportunity to own a versatile property with room to live, work and play - it delivers it ALL. Don't miss your chance to own a truly unique piece of Pace! Roof, HVAC and HWH all replaced within the last 5 years. Entire Home Freshly Painted.

Home Highlights

Parking
3 Carport Spaces
Outdoor
Patio, Pool
View
Pond, Water
HOA
None
Price/Sqft
$234
Listed
71 days ago

Home Details for 2629 Wallace Lake Rd

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Bedroom 1, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3098 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator, OvenDishwasherLaundry: InsideRefrigerator
Heating & Cooling
Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Has a Fireplace
Gas & Electric
Electric: Copper Wiring
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Tile
View
Has a ViewView: Pond, Water

Exterior Features

Exterior Home Features
Roof: Shingle CompositionPatio / Porch: PatioFencing: Full, ElectricOther Structures: Barn(s), Guest House, Detached Self Contained Living AreaFoundation: SlabHas a Private Pool
Parking & Garage
Number of Carport Spaces: 3Number of Covered Spaces: 3Has a CarportNo GarageParking Spaces: 3Parking: 3 Car Carport
Pool
Pool: In GroundPool
Frontage
WaterfrontWaterfront: Pond, Waterfront, NaturalResponsible for Road Maintenance: County Maintained RoadRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 14Days on Market: 71

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Country, Traditional
Building
Construction Materials: FrameNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 242n300000001020000

Price & Status

Price
List Price: $725,000Price Per Sqft: $234
Status Change & Dates
Off Market Date: Fri May 15 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

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: 681081

Building

Building Area
Building Area: 2448 Square Feet

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 4 Acres

Miscellaneous

Mls Number: 681081Projected Close Date: Fri Jul 24 2026Water ViewWater View: Pond, Water
Last check for updates: about 3 hours ago
Listing courtesy of Lynn Green, (850) 380-0061
Coldwell Banker Realty
Hannah Rogers, (850) 889-2070
Coldwell Banker Realty
Source: PAR, MLS#681081
Also Listed on PAR.

Market trends in Pace

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$333K
$14.15KMoM
Sale-to-List Price
99.2%
0.2%MoM
Price per sq ft
$170
$3MoM
Available listings
218
11MoM

Price History for 2629 Wallace Lake Rd

DatePriceEventSource
05/29/2026$725,000PendingPAR #681081
05/06/2026$725,000ContingentPAR #681081
05/01/2026$725,000Listed For SalePAR #681081
03/24/2021ListingRemovedN/A
05/11/2020$375,000Sold
N/A
04/17/2020$375,000PendingN/A
01/08/2020$375,000PriceChange
N/A
11/08/2019$415,000PriceChange
N/A
09/13/2019$425,000Listed For SaleN/A
04/05/2014$274,900ListingRemovedAgent Provided
10/14/2013$274,900PriceChange
Agent Provided
08/03/2013$283,900PriceChange
Agent Provided
05/07/2013$299,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$4,164
Assessment$403,650
Home facts updated by county records

Comparable Sales for 2629 Wallace Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6774 Quintette Rd, Pace, FL
0.46
Single-Family Home
$742,000
06/05/26
4
3.5
3,231
6786 Quintette Rd, Pace, FL
0.47
Single-Family Home
$699,000
03/06/26
4
4
4,315
6619 Allison Way, Pace, FL
0.69
Single-Family Home
$750,000
12/29/25
4
3.5
3,700
6838 Foxboro Cir, Pace, FL
1.18
Single-Family Home
$830,000
10/24/25
4
3
3,286
2544 Caldwell Cir, Pace, FL
0.60
Single-Family Home
$350,000
05/15/26
3
2
1,979
6324 Ladera Trl, Pace, FL
0.62
Single-Family Home
$281,500
02/13/26
3
2
1,698
6994 Foxboro Cir, Pace, FL
1.41
Single-Family Home
$850,000
06/22/26
4
3
2,570
4741 Runway Dr, Pace, FL
0.94
Single-Family Home
$329,990
08/13/25
4
2.5
1,891
6328 Howie Way, Pace, FL
1.14
Single-Family Home
$445,000
07/18/25
4
3
2,362

Nearby homes

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Assigned Schools

These are the assigned schools for 2629 Wallace Lake Rd.

What Locals Say about Pace

At least 180 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

  • 76 % Say it's quiet

  • 75 % Say kids play outside

  • 67 % Say people would walk alone at night

  • 53 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 39 % Say streets are well-lit

  • 36 % 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

Lynn Green, Coldwell Banker Realty
Agent Phone: (850) 380-0061
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.
2629 Wallace Lake Rd, Pace, FL 32571 is a 4 bedroom, 4 bathroom, 3,098 sqft single-family home built in 1993. This property is currently available for sale and was listed by PAR on May 1, 2026. The MLS # for this home is MLS# 681081.