2939 Wallace Lake Rd, Pace, FL 32571
OFF MARKET

$527,500

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,574 sqft (on 1 acre)

2939 Wallace Lake Rd, Pace, FL 32571

Est. Refi. Payment $3,361/mo*
Refinance Your Home

Home Value

Trulia Estimate
$528K
Since last month
Decreased$55K (-9.5%)
Since last year
Decreased$14K (-2.6%)
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 +112% in the last 10 years
MonthEstimated value
2026
August 2026$527K
August 2026$527K
July 2026$582K
June 2026$556K
May 2026$572K
April 2026$567K
March 2026$560K
February 2026$539K
January 2026$499K
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
0.20
Single-Family Home
$438,900
09/01/26
4
3
2,226
3177 Wallace Lake Rd, Pace, FL
0.66
Single-Family Home
$637,500
06/30/26
4
3
2,367
6838 Foxboro Cir, Pace, FL
0.36
Single-Family Home
$830,000
10/24/25
4
3
3,286
6994 Foxboro Cir, Pace, FL
0.65
Single-Family Home
$850,000
06/22/26
4
3
2,570
6505 Drayton Hill Way, Pace, FL
0.38
Single-Family Home
$850,000
08/07/26
4
2
4,411
6874 Wallace Dr, Pace, FL
0.89
Single-Family Home
$375,000
01/15/26
4
2
1,758
3217 Wallace Lake Rd, Pace, FL
0.80
Single-Family Home
$240,000
11/14/25
2
2
2,000
6280 Howie Way, Pace, FL
1.13
Single-Family Home
$583,000
05/14/26
4
3
2,628
7175 Wallace Dr, Pace, FL
0.90
Single-Family Home
$499,000
05/19/26
3
2
2,074
6264 Howie Way, Pace, FL
1.16
Single-Family Home
$570,000
10/27/25
4
3
2,792

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
2900 Wallace Lake Rd, Pace, FL 32571
0.09
$725,000
4
3
3,031
For Sale
2885 Wallace Lake Rd, Pace, FL 32571
0.15
$507,600
4
3
2,975
Off Market
2863 Wallace Lake Rd, Pace, FL 32571
0.20
$438,900
4
3
2,226
Recently Sold
3276 Parkstone Pines Rd, Pace, FL 32571
0.24
$779,000
4
2.5
2,698
For Sale
2939 Winding Brook Way, Pace, FL 32571
0.22
$2,059,300
6
4.5
4,681
Off Market
2854 Wallace Lake Rd, Pace, FL 32571
0.22
$763,500
4
3
3,268
Off Market
3036 Wallace Lake Rd, Pace, FL 32571
0.27
$558,000
4
3
3,046
Off Market
6595 Drayton Hill Way, Pace, FL 32571
0.27
$701,800
3
3
2,336
Off Market
3055 Wallace Lake Rd, Pace, FL 32571
0.33
$639,000
4
3
3,057
For Sale
6838 Foxboro Cir, Pace, FL 32571
0.36
$848,400
4
3
3,286
Off Market
6505 Drayton Hill Way, Pace, FL 32571
0.38
$850,000
4
2
4,411
Recently Sold
32B Wallace Lake Rd, Milton, FL 32571
0.39
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 2939 Wallace Lake Rd.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
1 acre lot
2,574 sqft
$205/sqft

About this House

NEW CONSTRUCTION in Pace featuring quality homes by an exceptional Semi-Custom homebuilder. This award-winning builder has 7 homes under construction now in Tamrell Forest, hurry and pick your own colors! These lovely homes sit on LARGE LOTS, all are 1 acre in size. This well-appointed home features many amenities. Tamrell Forest has a Prime location in Pace, with a country setting, yet convenient to everything: schools, shopping, banks, restaurants, everything! Pictures are representative of another construction with the same square footage.
2939 Wallace Lake Rd, Pace, FL 32571 is a 4 bedroom, 3 bathroom, 2,574 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $527,500, with a rent estimate of $2,558/month.

Home Details for 2939 Wallace Lake Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Jun 22, 2009
Source: Agent Provided
ListingRemoved
$231,000
May 30, 2009
Source: Agent Provided
PriceChange
$231,000
Price decreased by 7%
Apr 22, 2009
Source: Agent Provided
Listed For Sale
$249,678
Mar 23, 2009
Source: Agent Provided
ListingRemoved
$249,678
Jan 18, 2009
Source: Agent Provided
Listed For Sale
$249,678

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 2939 Wallace Lake Rd

  • What is 2939 Wallace Lake Rd estimated to be worth?
    Trulia's estimated value for 2939 Wallace Lake Rd in Pace, FL is $527,500.
  • 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.
  • What do residents say about Pace?
    Residents describe Pace, FL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Pace, FL.
  • How big is the lot at 2939 Wallace Lake Rd?
    The lot at 2939 Wallace Lake Rd in Pace, FL is about 1 acre.

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