2550 Wallace Lake Rd is a 3,218 square foot house on a 1.96 acre lot with 3 bedrooms and 4 bathrooms. Based on Redfin's Pace data, we estimate the home's value is $714,644.
Single-familyProperty Type
2018Year Built
1.96 acresLot Size
$222Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$714,644
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16% higher than the average sale price ($616K) 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
$4,988 (+2.8%)
2024
$4,850 (+3.0%)
2023
$4,709 (+2.4%)
2022
$4,599 (+1.0%)
2021
$4,555 (+0.4%)
2020
$4,536 (−2.5%)
$52,920 + $318,163
$371,083
2019
$4,654 (+527.6%)
2018
$742 (+45.9%)
2017
$508
$39,200
Tax history for 2550 Wallace Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,988 (+2.8%)
2024
$4,850 (+3.0%)
2023
$4,709 (+2.4%)
2022
$4,599 (+1.0%)
2021
$4,555 (+0.4%)
2020
$4,536 (−2.5%)
$52,920 + $318,163
$371,083
2019
$4,654 (+527.6%)
2018
$742 (+45.9%)
2017
$508
$39,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AG-RR
Rural Residential Agriculture District
To provide suitable areas for low density residential development. This district is characterized by single family detached structures and such other structures that are accessory to the residence. This district may also include conditional uses for community facilities and utilities that service specifically the residents of this district or which are benefited by and compatible with a rural residential and farming environment. The allowable density for Rural Residential Agriculture is 1 dwelling unit per acre.
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
Foundation Type: Block
Construction Type: Wood/Steel
Building Construction Quality: Excellent
Roof Framing Type: Wood
Roof Shape Type: Wood Truss
Pool Information
Has Pool
Property Information
Subdivision Name: WALLACE SOUTH
Living Sq. Ft: 3,218
Gross Sq. Ft: 5,273
Adjusted Gross Sq. Ft: 3,931
Ground Floor Sq. Ft: 3,218
Building Sq. Ft: 5,273
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: *NEW PARCEL FOR 2017* LOT 4-N OF UNRECORDED SUB: COM AT NE SEC CORN THN S3*13' 57W ON E SEC LN 4950.25 FT THN N73*16'09W 205.97 FT THN N85*42'48W 363.83 FT TO POB THN S15*49'05W 352.48 FT TO N R/W OF WALLACE LAKE RD THN N70*34'53W 115.01 FT THN N69* 03'27W 10.75 FT THN N15*48'59 E 349.62 FT THN THN S66*47'34 E 93.46 FT THN S85*42'48E 33.49 FT TO POB ALSO LOT 3-N OF UNRECORDED SUB: N85*42'48W 248.57 FT TO POB THN S13*58'38W 374.20 FT TO N79*29'32W 60.38 FT THN N70* 34'53W 64.96 FT THN N15*49'05 E 352.48 FT THN S85*42'48E 115.26 FT TO POB ALL AS DES IN OR 3585 PG 482 (OUT OF #1.2 )
Parking & Garage Information
Parking Type: Finished Garage
Garage/Parking Sq. Ft: 865
Garage / Carport Type: Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 85,377
Legal Lot Number: 4-N
Municipality Name: PACE
Acres: 1.96
Zoning Code: AG
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 3,218
Stories: 1.0
Lot Size: 1.96 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: —
County: Santa Rosa County
APN: 14-2N-30-0000-00153-0000
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Pace K-8
Public PreK-8 • Assigned • 2.1mi
9/10
Central School
Public PreK-12 • Assigned • 10.3mi
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
3% 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
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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
$679,000 – $822,000
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