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$459,000
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Property Description
Located in Tamrell Forrest on 1 full ACRE with NO homeowners association. This all brick split floor plan home comes with 4 bedrooms and 3 full baths. The Foyer welcomes you in to this flexible floor plan that offers a Formal Dining Room and a flexible Office/4th Bedroom. The Living Room boast cathedral ceilings. High ceilings carry into the open and bright Kitchen with breakfast nook, breakfast bar. To the right of the home is the private Master Bedroom with trey ceiling and french doors to the covered patio. The Master bath offers double vanities, garden tub and separate shower, water closet and large walk-in closet. The opposite side of the home has 2 additional bedrooms and two full baths. The main areas of the home have brand new tile flooring. The covered patio looks out to the expansive privacy fenced back yard with the outdoor pavilion that is perfect for hosting parties or nights by the fire.
Full Property Details
Full Property Details for 2863 Wallace Lake Rd
General
- Price: $459,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 662794
- Updated: 12/15/2025
- Added to Site: 273 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Plant Ledges, Vaulted Ceiling(s), Office/Study
- Appliances: Tankless Water Heater/Gas, Built In Microwave, Dishwasher, Disposal, Refrigerator
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Double Vanity, Soaking Tub, Separate Shower, Solid Surface Countertops, Tile, Walk-In Closet(s)
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Ceiling Fan(s)
- Bedroom 1: 12 x 17, First Level, 204 Sq. Ft.
- Bedroom 2: 12 x 12, First Level, 144 Sq. Ft.
- Bedroom 3: 12 x 11, First Level, 132 Sq. Ft.
Other Rooms
- Living Room: 17 x 16, First Level, 272 Sq. Ft.
- Kitchen: Not Updated, Solid Surface Countertops, 20 x 12, First Level, 240 Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room, 12 x 12, First Level, 144 Sq. Ft.
- Laundry: Inside
Exterior
- Exterior Features: Lawn Pump, Rain Gutters
- Deck/Patio: Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: 2 Car Garage
Location
- County: Santa Rosa
- Subdivision: Tamrell Forest
- Driving Directions: Turn Left off of Chumuckla Hwy on to Wallace Lake Rd at the red light with Piggly Wiggly. Follow Wallace lake road fro approx. .5 mile and property will be on the left hand side.
School Information
- Elementary School: Wallace Lake K-8
- Middle School: WALLACE LAKE K-8
- High School: Pace
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,226
- Year Built: 2005
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1.01
- Street/Road Desc.: Paved
- Road Maintenance: County Maintained Road
- Zoning: County
- Fencing (Description): Back Yard, Privacy
Financial Considerations
- Price Per Sq. Ft.: $206.2
Disclosures and Reports
- Property ID: 132N300000001370000
Listed by EXP Realty, LLC
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Schools
Schools serving 2863 Wallace Lake Rd
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
Chumuckla Elementary School 2312 Highway 182, Jay, FL 32565 | PK-6 | 6.9 mi |
Central School, Milton, FL 6180 Central School Road, Milton, FL 32570 | 9-12 | 9.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2863 Wallace Lake Rd
Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$459,000
-0.22%
MLS
11/16/2025
Price Reduced
$460,000
-0.84%
MLS
10/30/2025
Price Reduced
$463,900
-0.43%
MLS
10/17/2025
Price Reduced
$465,900
-2.84%
MLS
9/24/2025
Price Reduced
$479,500
-2.04%
MLS
8/20/2025
Price Reduced
$489,500
-1.11%
MLS
7/02/2025
Price Reduced
$495,000
-1.98%
MLS
6/21/2025
Price Reduced
$505,000
-3.81%
MLS
6/02/2025
Price Reduced
$525,000
-0.94%
MLS
4/17/2025
Listed
$530,000
34.01%
MLS
8/11/2021
Sold
$395,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2863 Wallace Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,175
-2%
$289,391
1%
2023
$3,244
35%
$287,340
33%
2021
$2,397
-27%
$216,543
-25%
2022
$3,280
37%
$287,772
50%
2021
$2,397
-2%
$191,822
8%
2019
$2,438
59%
$177,951
20%
2018
$1,534
5%
$148,271
2%
2017
$1,460
1%
$145,221
2%
2016
$1,452
-2%
$142,234
1%
2015
$1,482
-1%
$141,245
1%
2014
$1,495
—
$140,124
2%
2013
$1,501
—
$138,053
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2863 Wallace Lake Rd
2863 Wallace Lake Rd, Pace, FL 32571 (MLS# 662794) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2863 Wallace Lake Rd is currently listed for $459,000 and was received on April 17, 2025. Want to learn more about 2863 Wallace Lake Rd? Do you have questions about finding other Single Family real estate for sale in Pace? You can browse all Pace real estate or contact a Coldwell Banker agent to request more information.

