Characterized by picturesque massing and rich detailing, the Wallace House is the most characteristic Tudor Revival work in the county. The house is located on Walton's South Main Street and its signature details include irregular masonry treatments, half-timbering, sloped gables, diamond-pane leaded windows and iron strap hinges. The “swaybacked” roof is covered with irregularly cut slate in four colors. The relatively flat surfaces and banks of casement windows are characteristic of 1930s examples of the mode.
The Wallace House was designed by Chester Disque, a Covington architect who specialized in Period Revival styles.
The house was added to the National Register in 1986.