1903 Wallace Lake Rd is a 2,497 square foot house on a 10.03 acre lot with 3 bedrooms and 3 bathrooms. Based on Redfin's Pace data, we estimate the home's value is $790,103.
Single-familyProperty Type
2021Year Built
10.03 acresLot Size
$316Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$790,103
$28K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.5% higher than the average sale price ($661K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$5,931 (+1.4%)
$170,695 + $314,817
$485,512
2024
$5,852 (−2.3%)
$170,695 + $308,454
$479,149
2023
$5,992 (+2.6%)
$151,729 + $305,851
$457,580
2022
$5,842 (+390.2%)
$139,085 + $303,075
$442,160
2021
$1,192 (+7.8%)
2020
$1,106 (+11.0%)
2019
$996 (+2,969.2%)
$72,703
2018
$32
$72,703
Tax history for 1903 Wallace Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,931 (+1.4%)
$170,695 + $314,817
$485,512
2024
$5,852 (−2.3%)
$170,695 + $308,454
$479,149
2023
$5,992 (+2.6%)
$151,729 + $305,851
$457,580
2022
$5,842 (+390.2%)
$139,085 + $303,075
$442,160
2021
$1,192 (+7.8%)
2020
$1,106 (+11.0%)
2019
$996 (+2,969.2%)
$72,703
2018
$32
$72,703
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AG2
Agricultural/Residential Districts
To provide suitable areas for agricultural and silviculture endeavors. This district is characterized by relatively large parcels of land being devoted to the production of food or fiber. This district may also include single family detached structures and as specifically provided for in these regulations conditional uses for community facilities and utilities which service specifically the residents of this district or which are benefited by and compatible with the agricultural activities within the district and the farming environment. The allowable density for Agriculture 2 is 1 dwelling unit per 15 acres.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Garden center
Housing-Group
Housing-Single unit
Housing-Mobile home park
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Exterior
Exterior Information
Floor Construction Type: Vinyl
Foundation Type: Block
Construction Type: Wood/Steel
Building Construction Quality: Excellent
Exterior Wall: Brick
Roof Framing Type: Wood
Roof Shape Type: Wood Truss
Property Information
Subdivision Name: WALLACE SOUTH
Living Sq. Ft: 2,497
Gross Sq. Ft: 3,621
Adjusted Gross Sq. Ft: 2,836
Ground Floor Sq. Ft: 2,497
Building Sq. Ft: 3,621
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: *NEW PARCEL FOR 2018 TAX YR* COM AT SW CORN OF SECTION 10 TOWNSHIP 2 NORTH RANGE 30 WEST THN S86*44'52E ON S SEC LN 985.19 FT TO POB THN N3*37'38 E 959.25 FT TO S R/W LN OF WALLACE LAKE RD THN N64*48'38 E ON RD 82.19 FT THN N63*11' 32E 139.19 FT THN N65*13'37W ON RD 236.82 FT THN S2*55'22 W 1179.39 FT TO S SEC LN THN N86*44'52W 414.816FT TO POB AS DES IN OR 3740 PG 600 LOT 5-S OF WALLACE SOUTH UNREC SUB (OUT OF #1.9 FOR 2018) LESS ALL MINERAL RIGHTS
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 437,124
Legal Lot Number: 5-S
Municipality Name: PACE
Acres: 10.035
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,497
Stories: 1.0
Lot Size: 10.03 acres
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: Santa Rosa County
APN: 10-2N-30-0000-00127-0000
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Pace K-8
Public PreK-8 • Assigned • 3.8mi
9/10
Central School
Public PreK-12 • Assigned • 11.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Pace, FL • 32571
Average low and high temperatures (°F)
60
38
69
47
75
53
80
59
84
66
89
72
92
75
89
72
88
69
82
59
74
53
65
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$751,000 – $909,000
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