2954 Wallace Lake Rd, Pace, FL 32571
OFF MARKET

$518,200

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 3,031 sqft (on 1 acre)

2954 Wallace Lake Rd, Pace, FL 32571

Est. Refi. Payment $3,268/mo*
Refinance Your Home
Currently Off Market - Sold Aug 17, 2011 for $226,500

Home Value

Trulia Estimate
$518K
Since last month
Decreased$5K (-1%)
Since last year
Increased$8K (+1.5%)
Since last sale
Increased$293K (+129.3%)
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 +89% in the last 10 years
MonthEstimated value
2026
August 2026$519K
August 2026$518K
July 2026$525K
June 2026$528K
May 2026$520K
April 2026$523K
March 2026$519K
February 2026$514K
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
0.25
Single-Family Home
$438,900
09/01/26
4
3
2,226
3177 Wallace Lake Rd, Pace, FL
0.61
Single-Family Home
$637,500
06/30/26
4
3
2,367
6838 Foxboro Cir, Pace, FL
0.30
Single-Family Home
$830,000
10/24/25
4
3
3,286
3217 Wallace Lake Rd, Pace, FL
0.75
Single-Family Home
$240,000
11/14/25
2
2
2,000
6874 Wallace Dr, Pace, FL
0.83
Single-Family Home
$375,000
01/15/26
4
2
1,758
6994 Foxboro Cir, Pace, FL
0.59
Single-Family Home
$850,000
06/22/26
4
3
2,570
6505 Drayton Hill Way, Pace, FL
0.44
Single-Family Home
$850,000
08/07/26
4
2
4,411
7175 Wallace Dr, Pace, FL
0.85
Single-Family Home
$499,000
05/19/26
3
2
2,074
5965 Briarcliff Ln, Pace, FL
0.79
Single-Family Home
$362,500
07/20/26
4
3
2,294
5964 Briarcliff Ln, Pace, FL
0.79
Single-Family Home
$369,000
05/11/26
4
3
2,294

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
0.14
$725,000
4
3
3,031
For Sale
3036 Wallace Lake Rd, Pace, FL 32571
0.22
$558,000
4
3
3,046
Off Market
2939 Winding Brook Way, Pace, FL 32571
0.24
$2,059,300
6
4.5
4,681
Off Market
3276 Parkstone Pines Rd, Pace, FL 32571
0.20
$779,000
4
2.5
2,698
For Sale
2885 Wallace Lake Rd, Pace, FL 32571
0.21
$507,600
4
3
2,975
Off Market
3055 Wallace Lake Rd, Pace, FL 32571
0.28
$639,000
4
3
3,057
For Sale
2863 Wallace Lake Rd, Pace, FL 32571
0.25
$438,900
4
3
2,226
Recently Sold
2854 Wallace Lake Rd, Pace, FL 32571
0.27
$763,500
4
3
3,268
Off Market
6838 Foxboro Cir, Pace, FL 32571
0.30
$848,400
4
3
3,286
Off Market
6595 Drayton Hill Way, Pace, FL 32571
0.32
$701,800
3
3
2,336
Off Market
3176 Wallace Lake Rd, Milton, FL 32571
0.43
-
-
-
-
Off Market
6505 Drayton Hill Way, Pace, FL 32571
0.44
$850,000
4
2
4,411
Recently Sold

Local Information

  • Map ViewExplore the area around 2954 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 2011
1 acre lot
3,031 sqft
$171/sqft
Garage

About this House

3 CAR GARAGE! NEW CONSTRUCTION in PACE featuring quality homes by an award-winning SemiCustom homebuilder. These lovely homes all sit on large 1 ACRE LOTS (these lots DO NOT have covenants or restrictions). This NEWLY DESIGNED PLAN offers a host of amenities, including: * All brick exterior with stucco accents and columns * 30-year dimensional shingles * 3-car Side Entry Garage with Garage Door Opener * 4 Bedrooms / 3 Full Baths * 5/8" Sheetrock in all ceilings * Fabric Shield Storm Protection * Energy Efficient Heat Pump * Split Bedroom Design * Florida Room * TILE FLOORING in Kitchen, Breakfast Room, Bathrooms, Laundry Room, and Foyer * Custom Painted Walls * Spanish Lace Texture Walls & Ceilings * High Cathedral Ceiling * Arched Windows * Upgraded Lighting * Rounded Corners * Decorative Ledges throughout * Wide Colonial Baseboards * Ceiling Fans * Insulated Tilt Windows * Inside laundry room * Eat-in Kitchen has GRANITE COUNTERS, wraparound Breakfast Bar with overhead ledge with recessed lighting, Raised Panel Cabinets with Crown Molding, corner Pantry, and STAINLESS STEEL APPLIANCES (includes Radiant Range/Oven, Built-in Microwave, and Dishwasher)* Great Room has corner fireplace and coffered ceiling with crown molding * Separate Formal Living Room - could be office or study * Separate Formal Dining Room * Luxurious Master Suite features Raised Inset Ceiling, Double Vanities, Garden Tub, Separate Shower, 2 Walk-in Closets * 2nd and 3rd Bedrooms are split into their own wing with the 2nd full bath * the 4th Bedroom is located in its own wing with the 3rd full bath * 10-year bonded builders warranty included * Most closing costs paid when using approved lender * Hurry these won't last! ALL OF OUR LOTS ARE 1 ACRE - WE HAVE OTHER LOTS AND FLOOR PLANS AVAILABLE. ESTIMATED COMPLETION MAY 31ST.
2954 Wallace Lake Rd, Pace, FL 32571 is a 4 bedroom, 3 bathroom, 3,031 sqft single-family home built in 2011. It last sold for $226,500 on Aug 17, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $518,200, with a rent estimate of $2,581/month.

Home Details for 2954 Wallace Lake Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: SlabPatio
Parking & Garage
GarageParking: Garage

Property Information

Year Built
Year Built: 2011
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1 acre

Price and Tax history

DateEventPrice
Aug 17, 2011
Source: N/A
Sold
$226,500

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 2954 Wallace Lake Rd

  • What is 2954 Wallace Lake Rd estimated to be worth?
    Trulia's estimated value for 2954 Wallace Lake Rd in Pace, FL is $518,200.
  • What is the price history for 2954 Wallace Lake Rd?
    2954 Wallace Lake Rd in Pace, FL last sold for $226,500 in August 2011.
  • 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 2954 Wallace Lake Rd have air conditioning?
    Yes, 2954 Wallace Lake Rd in Pace, FL has air conditioning.
  • How big is the lot at 2954 Wallace Lake Rd?
    The lot at 2954 Wallace Lake Rd in Pace, FL is about 1 acre.

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