2874 Wallace Lake Rd, Pace, FL 32571
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Property image
OFF MARKET

2874 Wallace Lake Rd
Pace, FL 32571

  • 4 Beds
  • 3 Baths
  • 2,500 sqft (on 1 acre)

$528,400

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $3,249/mo*
Refinance Your Home

$528,400

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $3,249/mo*
Refinance Your Home
4 Beds
3 Baths
2,500 sqft
(on 1 acre)

Local Information

  • Map ViewExplore the area around 2874 Wallace Lake Rd.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

***ANOTHER REDUCTION IN PRICE! ($8000)***Immaculate 4 bedroom and 3 full bath home and side entry double garage on beautiful 1 acre cleared and landscaped lot. Among the numerous features are: Additional detached 1 car garage/ workshop plus additional storage area. Sprinkler system with well. Large covered and open patio area. Plank ceramic tile in great room, family room, dining room, one bedroom/office, & hallways. Carpet in the three bedrooms. Kitchen with granite counter tops and tile back splash. All upgraded blinds and curtains. Guest room has full bath. Just take a look at this home and you will be amazed at the condition and quality of everything. EASY TO SHOW - JUST CALL AGENT! IF YOU ARE LOOKING FOR A GREAT HOME AT A GREAT PRICE - THIS IS IT!
2874 Wallace Lake Rd, Pace, FL 32571 is a 4 bedroom, 3 bathroom, 2,500 sqft single-family home built in 2006. It last sold for $297,000 on Feb 10, 2017. It is currently off market. The Trulia Estimate is $528,400, with a rent estimate of $2,847/month.

Home Highlights

Parking
Garage
Outdoor
Pool
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 2874 Wallace Lake Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Carpet, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other, BrickFoundation Type: Masonry
Pool
Pool
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 2006Year Updated: 2006
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price History for 2874 Wallace Lake Rd

DatePriceEventSource
02/10/2017$297,000Sold
PAR #500375
01/11/2017$297,000PriceChange
Agent Provided
08/18/2016$305,000PriceChange
Agent Provided
05/25/2016$320,000Listed For SaleAgent Provided
04/04/2006$278,100Sold
N/A

Market trends in Pace

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$319K
$13.37KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$167
$1MoM
Available listings
218
11MoM
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Property Tax and Assessment

Year2024
Tax$3,888
Assessment$310,629
Home facts updated by county records

Comparable Sales for 2874 Wallace Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3045 Wallace Lake Rd, Pace, FL
0.47
Single-Family Home
$706,000
09/02/25
4
3
3,260
3177 Wallace Lake Rd, Pace, FL
0.83
Single-Family Home
$637,500
06/30/26
4
3
2,367
6838 Foxboro Cir, Pace, FL
0.52
Single-Family Home
$830,000
10/24/25
4
3
3,286
6874 Wallace Dr, Pace, FL
1.05
Single-Family Home
$375,000
01/15/26
4
2
1,758
6328 Howie Way, Pace, FL
1.04
Single-Family Home
$445,000
07/18/25
4
3
2,362
5279 Wahoo Rd, Pace, FL
0.76
Unknown
$362,900
01/29/26
-
-
6994 Foxboro Cir, Pace, FL
0.77
Single-Family Home
$850,000
06/22/26
4
3
2,570
3217 Wallace Lake Rd, Pace, FL
0.97
Single-Family Home
$240,000
11/14/25
2
2
2,000
4741 Runway Dr, Pace, FL
0.76
Single-Family Home
$329,990
08/13/25
4
2.5
1,891
6280 Howie Way, Pace, FL
1.14
Single-Family Home
$583,000
05/14/26
4
3
2,628

Nearby homes

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Assigned Schools

These are the assigned schools for 2874 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

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Apartments for Rent

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Explore by feature - Pet Friendly

37 pet-friendly rentals in Pace, FL

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Explore by feature - Pool

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Homes for sale near 2874 Wallace Lake Rd

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Off Market Homes Near 2874 Wallace Lake Rd

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