4840 W Spencer Field Rd, Pace, FL, 32571
About This Home
0.724 of an ACRE! just under 1 ACRE -2026 FULL RENOVATION • TWO PARCELS • HUGE LOT • NO HOA • TURNKEY ALL-BRICK HOME! Completely renovated from top to bottom in 2026, this all-brick 3 Bedrooms with closets, 2 HUGE bonus rooms with windows, and 2-bath home offers incredible space, modern updates, and rare lot flexibility. Situated on two parcels totaling just under three-fourths of an acre, this property gives you room to spread out with no HOA restrictions. Inside, the home features 3 bedrooms, 2 full bathrooms, plus two very large bonus rooms, creating a flexible 5-room layout perfect for a home office, guest space, playroom, media room, gym, hobby room, or additional living area. With no carpet, Luxury vinyl flooring throughout, and a full interior renovation, this home is truly move-in ready. The 2026 renovation includes new drywall, new insulation, new cabinets, new granite countertops, new fixtures, new faucets, updated finishes, and a brand-new 2026 roof. Every detail has been refreshed to create a clean, modern, turnkey home while still keeping the charm and durability of classic all-brick construction. The location is just as convenient as the home itself. You are less than 5 minutes from everyday shopping, including Starbucks, Target, Walmart, Publix, Winn-Dixie, restaurants, and other daily conveniences. Commuters will appreciate being approximately 35 minutes to Corry Station, 45 minutes to NAS Pensacola, and 22 minutes to Pensacola International Airport. With two parcels, a large lot, no HOA, major 2026 updates, and flexible bonus space, this property offers a rare combination of space, location, and value. If you are looking for a beautifully renovated, turnkey home with room to grow, this one is a must-see!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1959
Materials
- Foundation: Off Grade
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
Bedroom
- Level: First
- Area: 120
Bedroom1
- Level: First
- Area: 120
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Double Pane Windows
- Flooring: Simulated Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Master Bedroom
- Level: First
- Area: 224
Property
Details
- Parcel number: 101n292770000000060
- Zoning description: Mixed Residential Subdiv
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.72 Acres
- Features: Corner Lot
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Rosa County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,490 | $17,880 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $203 | $2,436 |
| Electricity | $199 | $2,391 |
| Total | $2,120 | $25,440 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $294,850 |
| 2026-06-18 | Price change | $299,850 |
| 2025-08-08 | Pending sale | $125,000 |
| 2025-08-07 | Sold | $92,000 |
| 2025-06-29 | Contingent | $125,000 |
| 2025-06-24 | Listed for sale | $125,000 |
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