[3][4] Although the school is not affiliated with a specific church or religion, it adheres to Judeo-Christian values; it places a major emphasis on character development.

Pace Academy was incorporated on June 30, 1958, with an initial enrollment of 178 students, to " train and educate children and operate a school and kindergarten."

In 2007, the school resolved longstanding issues with the neighborhood association and entered into an agreement that preserved the small size of Pace whilst expanding the facilities to accommodate a moderate increase in enrollment.

The campaign's lead donor was Arthur Blank, who was both the owner of the Atlanta Falcons and a Pace parent.

[14] In its first season in the GHSA Spring League in 2006, the team captured the Class AA/A State Championship and finished 19th nationally[15] and 5th in Region II in the Final NSCAA poll.

[16] In 2006, the school announced plans to add a football team, with varsity play scheduled to begin in 2009.

[17] In fall 2010, after a 9–1 regular season, the Pace Knights football team made its first GHSA playoff appearance.