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$689,000 Just Listed
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Property Description
Welcome to Wallace Lake Road-one of those locations that just makes sense. Situated on a full acre with NO HOA or deed restrictions and zoned for Wallace Lake schools, this property offers an incredibly convenient location with Wallace Lake K-8 nearby while still giving you the space and privacy of a full acre. The all-brick home features LVP flooring throughout, a formal dining room, spacious living area with electric fireplace, and a functional kitchen with granite countertops and plenty of cabinetry. The laundry room has also been updated with additional cabinetry for extra storage. The primary suite offers his-and-her closets, dual vanities, a separate shower and inset soaking tub. Additional features include a two-car garage, newer HVAC system-inside and outside units approximately three years old-and a 2025 water heater. The home is serviced by Chumuckla Water, while the irrigation system operates from a well. And then there's the BACKYARD. The fenced one-acre property is surrounded by woods along the back side, giving the outdoor space an added sense of privacy while still being right in the heart of Pace. The in-ground pool is complemented by a covered pool deck added in 2020, while the huge 25x14 Florida room overlooks the pool and backyard. A finished covered patio and pavered outdoor area provide even more room for entertaining, grilling, or simply enjoying the property. Brick wraps the home with stucco detailing across the front and around the windows, giving it a classic look with just enough character. One acre. In-ground pool. Fenced backyard. Woods behind you. No restrictions. Wallace Lake schools. And an incredibly convenient Pace location. This is the kind of property that checks the boxes that are getting harder and harder to find in Pace.
Full Property Details
Full Property Details for 2929 Wallace Lake Rd
General
- Price: $689,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 689110
- Updated: 9/17/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Media Room
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 18 x 18, First Level, 324 Sq. Ft.
- Bedroom 1: 12 x 18, First Level, 216 Sq. Ft.
Other Rooms
- Kitchen: Not Updated
- Dining Room: Formal Dining Room
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: 2 Car Garage
Location
- County: Santa Rosa
- Driving Directions: Take Chumuckla Hwy to Wallace Lake Rd, Home will be on the left,
School Information
- Elementary School: Wallace Lake K-8
- Middle School: WALLACE LAKE K-8
- High School: Central
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Private, Public
Structural Information
- Architectural Style: Craftsman
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 3,021
- Year Built: 2010
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1.1
- Road Maintenance: County Maintained Road
- Lot Features: Central Access
- Zoning: Res Single
Financial Considerations
- Price Per Sq. Ft.: $228.07
Disclosures and Reports
- Property ID: 132N300000001710000
Listed by Woodlands & Homes, LLC
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Schools
Schools serving 2929 Wallace Lake Rd
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
Central School, Milton, FL 6180 Central School Road, Milton, FL 32570 | 9-12 | 9.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2929 Wallace Lake Rd
Date
Details
Price
Change
Source
9/17/2026
Listed
$689,000
241.94%
MLS
1/20/2011
Sold
$201,500
—
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 2929 Wallace Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,210
3%
$286,291
3%
2023
$3,121
4%
$277,952
6%
2021
$3,011
-1%
$261,996
-3%
2022
$3,044
1%
$269,856
4%
2021
$3,011
-10%
$258,379
6%
2019
$3,329
50%
$243,034
20%
2018
$2,212
3%
$202,841
2%
2017
$2,140
—
$198,669
2%
2016
$2,132
-2%
$194,583
1%
2015
$2,175
-1%
$193,230
1%
2014
$2,195
6%
$191,696
7%
2013
$2,070
—
$179,011
—
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 2929 Wallace Lake Rd
2929 Wallace Lake Rd, Pace, FL 32571 (MLS# 689110) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2929 Wallace Lake Rd is currently listed for $689,000 and was received on September 17, 2026. Want to learn more about 2929 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.

