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$278,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,912 Sq. Ft.
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Beautifully Remodeled Home for Sale in Pensacola - With Lake View Discover this beautifully remodeled Pensacola home featuring modern upgrades throughout and a stunning view of Crescent Lake right from your private master bedroom balcony-perfect for enjoying your morning coffee. This home has been thoughtfully updated with brand-new appliances, sleek quartz countertops, a new water heater, and a new AC unit, offering comfort and peace of mind for years to come. Inside, you'll find a very large master bedroom with plenty of space to relax and unwind. Step outside onto your private balcony to soak in the tranquil lake view every day. The property also includes a full basement, already framed and wired, with the potential to add three additional bedrooms plus an extra bonus room-ideal for expanding living space, creating an income-generating rental, or customizing for your family's needs. ? Key Features Fully remodeled interior Brand-new appliances Quartz countertops New water heater New AC system Oversized master bedroom Private balcony overlooking Crescent Lake Large basement with potential for 3 bedrooms + bonus room (framed & wired)

Full Property Details for 1006 Lake Terrace Ave

General

  • Price: $278,000
  • Status: Active
  • Type: Single Family
  • Source: Pensacola
  • MLS ID: 678441
  • Updated: 3/30/2026
  • Added to Site: 46 day(s) ago

Interior

  • Fireplace: Yes
  • Appliances: Electric Water Heater, ENERGY STAR Qualified Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Remodeled, 8 x 10, First Level, 80 Sq. Ft.
  • Dining Room: Breakfast Bar, Formal Dining Room, 10 x 10, First Level, 100 Sq. Ft.

Exterior

  • Exterior Features: Balcony
  • Deck/Patio: Covered Deck

Parking

  • Parking Features: Front Entrance

Location

  • County: Escambia - Fl
  • Subdivision: Crescent Lake
  • Driving Directions: North on N Palafox St toward Beverly Pkwy, Use the left 2 lanes to turn left at the 1st cross street onto Beverly Pkwy, Continue onto W Michigan Ave, Turn right onto Fairview Dr, Turn left onto Lake Terrace.

School Information

  • Elementary School: Montclair
  • Middle School: BELLVIEW
  • High School: Pensacola

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, ENERGY STAR Qualified Equipment

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Construction: Frame
  • Basement Desc.: Unfinished
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 2,912
  • Year Built: 1961
  • Property Condition: Resale

Lot Features

  • Property View: Lake, Water
  • Lot Size (Acres): 0.19
  • Road Maintenance: Public Maintained Road
  • Zoning: City

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $95.47

Disclosures and Reports

  • Property ID: 441S301000012011

Listed by Coastal Realty Partners

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Listing agent

— 1006 Lake Terrace Ave —

  • Coastal Realty Partners

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1006 Lake Terrace Ave

School District:Escambia County School District, Cantonment, FL
NameGradesDistance
Montclair Elementary School, Pensacola, FL
820 Massachusetts Avenue, Pensacola, FL 32505
PK-50.9 mi
Bellview Middle School
6201 Mobile Highway, Pensacola, FL 32526
6-82 mi
Pensacola High School
500 West Maxwell Street, Pensacola, FL 32501
9-123.3 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 1006 Lake Terrace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/15/2026
Price Reduced
$278,000
-2.46%
MLS
2/27/2026
Listed
$285,000
200%
MLS
4/16/2025
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
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 for 1006 Lake Terrace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,180
—
$140,972
10%
2024
$2,180
5%
$128,157
10%
2023
$2,074
98%
$116,507
76%
2021
$1,050
-13%
$66,047
-27%
2022
$1,202
14%
$90,069
60%
2021
$1,050
17%
$56,176
6%
2019
$901
3%
$53,197
6%
2018
$874
1%
$50,219
3%
2017
$866
1%
$48,526
2%
2016
$857
5%
$47,356
4%
2015
$813
8%
$45,409
4%
2014
$751
-13%
$43,779
-10%
2013
$867
—
$48,605
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coastal Realty Partners

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1006 Lake Terrace Ave, Pensacola, FL 32505 (MLS# 678441) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1006 Lake Terrace Ave is currently listed for $278,000 and was received on February 27, 2026. Want to learn more about 1006 Lake Terrace Ave? Do you have questions about finding other Single Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

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