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Land with Home for Sale in Pace, Florida

7175 Wallace Dr, Pace, FL 32571

$525,000
2 acres
Active sale
ago
Est $2,851/mo

Beautifully updated home in Pace situated on nearly 2 acres, including a separate 1-acre wooded lot next door filled with stunning mature oak trees-offering privacy and a peaceful, natural setting. This home was completely stripped to the studs in 2020 and rebuilt with everything new, including electrical, plumbing, roof, windows, kitchen, and bathrooms. Designed with comfort and efficiency in mind, the home features spray foam insulation in both the walls and ceiling and tankless gas hot water. Inside, you'll find a bright open-concept layout with a formal dining area and a beautiful kitchen that flows seamlessly into the living space-perfect for entertaining or everyday living. The kitchen is ideal for the cook in the family, offering both style and functionality. The spacious primary suite includes a walk-in closet, double vanity, and a large walk-in shower for a true retreat feel. Additional highlights include washer and dryer conveying with the home, blinds throughout, partial fencing, and well water for irrigation. Enjoy outdoor living with a covered front porch and back patio, plus a covered walkway leading to extra storage. The property also features an 18x30 detached garage with potential to convert into a guest cottage, RV hookup, extra parking, and plenty of privacy. Conveniently located just minutes from Five Points, nearby shops, and a short walk or golf cart ride to the Piggly Wiggly, Dollar General and Wallace Lake School K-8. This home offers the perfect blend of peaceful living and everyday convenience.

2,074
Sq feet
3
Beds
2
Full baths
1968
Built

Location

Street address
7175 Wallace Dr
Elevation
177 feet
Coordinates
30.6864, -87.186

Directions

From Pensacola Davis Hwy take US -90 E, Woodbine Rd and Chumuckla Hwy to Wallace lake Rd in Wallace, continue. on Wallace Lake Rd to Wallace Dr.

Property details

Acreage
1.994 acres
Zoning
Agricultural, County, Res Single
MLS #
PAR 679781
Posted

Parcels

  • 182N290000001010000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Central Access

Exterior

Parking Spaces
2
Parking
Carport, Covered, RV
Pool
Porch
Features
Rain Gutters, Sprinkler

Structure

Style
Craftsman, Ranch
Stories
1
Heating
Central
Cooling
Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Wall/Window Unit(s), Window Unit(s)
Materials
Frame
Roof
Shingle

Interior

Rooms
Bathroom x 2, Bedroom x 3
Appliances
Dishwasher, Dryer, ENERGY STAR Qualified Water Heater, Refrigerator, Tankless Water Heater/Gas, Washer

Nearby schools

NameType
Wallace Lake K-8Elementary
Wallace Lake K-8Middle
CentralHigh

Listing history

DateEventPriceChangeSource
Mar 26, 2026New listing$525,000PAR
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This 1.994-acre property is located at 7175 Wallace Dr in Pace, FL 32571. The property is available for sale for $525,000. It has a 2,074 sq ft 3 bedroom, 2 bath house built in 1968.

Checked 1 hour ago — Updated

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