2778 Wallace Lake Rd, Pace, FL 32571
Property image
Property image
OFF MARKET

$419,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,300 sqft (on 1 acre)

2778 Wallace Lake Rd, Pace, FL 32571

Est. Refi. Payment $2,678/mo*
Refinance Your Home
Currently Off Market - Sold Feb 12, 2024 for $385,000

Home Value

Trulia Estimate
$420K
Since last month
Decreased$3K (-0.7%)
Since last year
Increased$27K (+6.9%)
Since last sale
Increased$36K (+9.2%)
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 +78% in the last 10 years
MonthEstimated value
2026
August 2026$421K
August 2026$420K
July 2026$424K
June 2026$425K
May 2026$422K
April 2026$419K
March 2026$419K
February 2026$414K
January 2026$406K
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
2863 Wallace Lake Rd, Pace, FL
0.22
Single-Family Home
$438,900
09/01/26
4
3
2,226
6505 Drayton Hill Way, Pace, FL
0.14
Single-Family Home
$850,000
08/07/26
4
2
4,411
3177 Wallace Lake Rd, Pace, FL
1.07
Single-Family Home
$637,500
06/30/26
4
3
2,367
6377 Ladera Trl, Pace, FL
0.94
Single-Family Home
$375,000
07/29/26
4
2.5
2,435
6006 Briarcliff Ln, Pace, FL
0.76
Single-Family Home
$395,000
01/02/26
4
3
2,294
5983 Briarcliff Ln, Pace, FL
0.76
Single-Family Home
$369,500
07/08/26
4
3
2,294
5964 Briarcliff Ln, Pace, FL
0.76
Single-Family Home
$369,000
05/11/26
4
3
2,294
5965 Briarcliff Ln, Pace, FL
0.76
Single-Family Home
$362,500
07/20/26
4
3
2,294
6838 Foxboro Cir, Pace, FL
0.76
Single-Family Home
$830,000
10/24/25
4
3
3,286
6280 Howie Way, Pace, FL
1.11
Single-Family Home
$583,000
05/14/26
4
3
2,628

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
2770 Wallace Lake Rd, Pace, FL 32571
0.02
$617,200
4
3
3,007
Off Market
2752 Wallace Lake Rd, Pace, FL 32571
0.07
$605,500
4
3
2,800
Off Market
32B Wallace Lake Rd, Milton, FL 32571
0.08
-
-
-
-
Off Market
6505 Drayton Hill Way, Pace, FL 32571
0.14
$850,000
4
2
4,411
Recently Sold
2854 Wallace Lake Rd, Pace, FL 32571
0.20
$763,500
4
3
3,268
Off Market
6500 Drayton Hill Way, Pace, FL 32571
0.20
$1,499,000
4
3
2,730
For Sale
2863 Wallace Lake Rd, Pace, FL 32571
0.22
$438,900
4
3
2,226
Recently Sold
2885 Wallace Lake Rd, Pace, FL 32571
0.27
$507,600
4
3
2,975
Off Market
6534 Drayton Hill Way, Milton, FL 32571
0.30
$560,000
-
-
-
Recently Sold
6595 Drayton Hill Way, Pace, FL 32571
0.31
$701,800
3
3
2,336
Off Market
2900 Wallace Lake Rd, Pace, FL 32571
0.32
$725,000
4
3
3,031
For Sale

Local Information

  • Map ViewExplore the area around 2778 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 2007
1 acre lot
2,300 sqft
$182/sqft
Garage

About this House

Custom home on a full acre in Pace!! Sprawling brick contemporary offers 2,300 sq ft of interior space including four bedrooms, three bathrooms, formal living and dining, plus great room! Walking in you're greeted by a large foyer with formal living and dining rooms on either side. If you're family isn't the "formal" kind, those would also function well as a play area, home office, or media room. Custom details can be found throughout the home like rounded edges, vaulted ceilings, double windows, and wide baseboards. The vaulted ceilings carry through into the great room which is highlighted by an electric fireplace, plant ledges, and sliding doors to the covered patio. Through a large opening is the kitchen and breakfast nook. Cooking family meals will change from a chore to a joy in this kitchen! It has oak cabinets and neutral counters that can be easily refinished to suit your taste, a center island for prep, and a spacious pantry. Split from the guest bedrooms and bathrooms is a mother-in-law suite with a separate bathroom and door to the back porch. Separate from the guest bedrooms is the private primary suite. With its own sliding doors to the back porch, trey ceilings, and an awesome ensuite bathroom, it's a true oasis. Speaking of the ensuite bathroom, it features double vanities, a soaking tub with separate shower, and not one but two walk-in closets! Through the back sliding doors is the HUGE backyard. It's fully fenced for kids or pets to safely play and offers a covered patio for lounging. The yard is surrounded by mature trees and backs up to woods which is also on the property, making it a perfect private setting in middle of a neighborhood. Great features included with this home are the 2-car side entry garage, interior laundry room, wiring for security and surround sound systems! Custom homes on large lots and conveniently located in the heart of Pace.
2778 Wallace Lake Rd, Pace, FL 32571 is a 4 bedroom, 3 bathroom, 2,300 sqft single-family home built in 2007. It last sold for $385,000 on Feb 12, 2024 (4% below the $400,000 asking price). More recently, it was listed as a rental in January 2015 with an asking price of $1,400 per month. That rental listing was removed on February 4, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $419,700, with a rent estimate of $2,351/month.
Last check for updates: about 2 hours ago
Listed by Sandy Blanton, (850) 852-8814
TEAM SANDY BLANTON REALTY, INC
Johanna Freeman, (850) 341-4542
TEAM SANDY BLANTON REALTY, INC
Bought with: Norman Cain, (850) 723-1670, Better Homes And Gardens Real Estate Main Street Properties
Source: PAR, MLS#627779

Home Details for 2778 Wallace Lake Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Bedroom 1, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2300 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Electric Water Heater, Dishwasher, Refrigerator, Self Cleaning OvenDishwasherLaundry: Inside,W/D HookupsRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: ElectricHas a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane WindowsDoor: Insulated DoorsFlooring: Tile, Vinyl, Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Tile, Vinyl, Carpet
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, PorchFencing: PrivacyExterior: Rain GuttersFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: 2 Car Garage,Side Entrance
Pool
Pool: None
Frontage
Responsible for Road Maintenance: County Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Septic Tank
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 160

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: FrameNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 132n300000001120000

Price & Status

Price
List Price: $400,000Price Range: $385,000 - $400,000
Status Change & Dates
Off Market Date: Sat Jan 13 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: PaceCommunity: Tamrell Forest
School Information
Elementary School: ChumucklaJr High / Middle School: CENTRALHigh School: Central

Building

Building Area
Building Area: 2300 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1 Acres

Energy

Energy Efficiency Features: Insulation, Insulated Walls, Ridge Vent

Miscellaneous

Mls Number: 627779Attribution Contact: CELL: 850-852-8814

Price and Tax history

DateEventPrice
Feb 12, 2024
Source: PAR #627779
Sold
$385,000
Jan 13, 2024
Source: PAR #627779
Contingent
$400,000
Nov 16, 2023
Source: PAR #627779
PriceChange
$400,000
Price decreased by 11%
Sep 8, 2023
Source: PAR #627779
Listed For Sale
$450,000
Aug 6, 2023
Source: PAR #627779
ListingRemoved

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

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Frequently asked questions about 2778 Wallace Lake Rd

  • What is 2778 Wallace Lake Rd estimated to be worth?
    Trulia's estimated value for 2778 Wallace Lake Rd in Pace, FL is $419,700.
  • What is the price history for 2778 Wallace Lake Rd?
    2778 Wallace Lake Rd in Pace, FL last sold for $385,000 in February 2024.
  • 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 2778 Wallace Lake Rd have air conditioning?
    Yes, 2778 Wallace Lake Rd in Pace, FL has air conditioning.
  • Does 2778 Wallace Lake Rd have laundry facilities?
    Yes, 2778 Wallace Lake Rd in Pace, FL has laundry facilities.

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Off Market Homes Near 2778 Wallace Lake Rd

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