Cambridge Mills in Pensacola

Cambridge Mills

Established 1988 · Intracoastal West · ZIP 32224

A small Ferry Pass patio-home community, low HOA, walk to the hospital and UWF.

Low HOA (~$300/yr)Walk to West Florida HospitalMinutes to UWF & I-10
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
Free · No obligation
Unlock Off-Market Cambridge Mills

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$848K
Median Price
0mo
Supply
58days
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Cambridge Mills is a small (about 50 homes), established (1993-2004) patio-home community in the Ferry Pass area of northeast Pensacola whose appeal is convenience and a low carry: walkable to West Florida Hospital, minutes to UWF and I-10, at one of the lowest HOAs in the metro ($300 a year). Brick patio homes trade roughly $300,000 to $410,000 on cul-de-sac streets. The honest reads are a weak zoned middle school (Ferry Pass Middle 4/10) and a weak zoned high school (Pine Forest 2/10), homes now on a systems cycle, and thin resale inventory in a small community where the high end can sit. Buy it for the convenience and the low HOA; verify the schools, inspect the home, and comp within the community."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Cambridge Mills is a small single-family patio-home community in the Ferry Pass area of northeast Pensacola (unincorporated Escambia County, 32514), on Millstream Drive, Sawmill Run, and Waterwheel Turn near North Davis Highway and East Johnson Avenue.

It is about 50 brick and frame patio homes (one and two stories, roughly 1,500 to 4,100 square feet, most around 2,000) built between 1993 and 2004, on cul-de-sac streets. It is a built-out community popular with healthcare and university-area professionals.

The carry is light: an active HOA of about $300 a year (around $25 a month), and no CDD. Confirm the dues and any rental rules.

The draw is convenience, walkable to West Florida Hospital, minutes to UWF, I-10, and Pace, with a low HOA. The trade-offs are weak zoned middle and high schools, homes on a systems cycle, and thin resale inventory where the high end can sit.

Best for

  • Healthcare and university-area professionals who want convenience and a low HOA
  • Buyers who want a low-maintenance patio home near the hospital and UWF
  • Downsizers who value a small, established community

Probably not for

  • Families set on strong zoned middle and high schools
  • Buyers who want new construction or large lots
  • Buyers who need deep resale liquidity

How Cambridge Mills is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
66Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Cambridge Mills listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Cambridge Mills buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Cambridge Mills

Live MLS inventory for Cambridge Mills. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Cambridge Mills listings as of 2026-06-11, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

West Florida Hospital~2-3 min · walkable, under a mile
University of West Florida~5-8 min · nearby
I-10 (Olive Road area)~5 min · minutes away
Pensacola International Airport (PNS)~15-20 min · ~9 miles
Downtown Pensacola~12-18 min · ~9 miles south
NAS Pensacola~25-30 min · southwest

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Cambridge Mills with Momentum Realty’s local guides.

River GardensRiver GardensPensacola, FL · 0.1 miTippinTippinPensacola, FL · 0.1 miMPMazurek PlantationPensacola, FL · 0.1 miBMBelle MeadowPensacola, FL · 0.2 miMary Annetta EstatesMary Annetta EstatesPensacola, FL · 0.3 miScenic HillsCountry ClubScenic HillsCountry ClubPensacola, FL · 0.5 miFerry Pass HeightsFerry Pass HeightsPensacola, FL · 0.6 miVRValley Ridge EstatesPensacola, FL · 0.6 miPLPine Lake EstatesPensacola, FL · 0.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Cambridge Mills (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Escambia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Cambridge Mills is served by Escambia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Cambridge Mills address.

The takeaway

What is actually shaping value at Cambridge Mills, sourced and dated. The convenience, the low HOA, and weak schools are the practical facts.

Recent Developments in Cambridge Mills

Our read on what is being built around Cambridge Mills, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe backdrop is a stable, built-out Ferry Pass area near the hospital and UWF, with a softening 32514 market. The recurring items are the schools and the age of the homes.

Walk to the hospital, minutes to UWF

BullishA walkable-to-West-Florida-Hospital, near-UWF location at a low HOA draws healthcare and university-area professionals. impact
SignificanceRadius: Ferry Pass

Walk to the hospital, minutes to UWF

Among the lowest HOAs in the metro

BullishA reported ~$300/yr HOA with no CDD keeps the carry low for a maintained patio-home community. impact
SignificanceRadius: Community

Among the lowest HOAs in the metro

Weak zoned middle and high schools

BearishFerry Pass Middle (4/10) and Pine Forest High (2/10) rate weak; families should weigh choice options. impact
SignificanceRadius: Community

Weak zoned middle and high schools

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Cambridge Mills, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Market

    High end can sit

    A Cambridge Mills home listed in January 2026 sat about 150 days with multiple price cuts (from $369,000 to $349,000), signaling softness at the top of this small community. Why it matters: Comp within the community and price realistically; the high end can require patience. Source

  2. 2024-2025
    Schools

    Ferry Pass feeder mixed

    The zoned feeder is Ferry Pass Elementary (7/10), Ferry Pass Middle (4/10), and Pine Forest High (2/10), with Brown Barge Middle (8/10) a nearby choice option. Why it matters: Confirm the zoned schools by address and weigh the middle and high schools. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Cambridge Mills, this is the order of operations we would run, and the one we run for our clients.

1

Verify the schools. Confirm the assigned schools by address, weighing the weak zoned middle and high schools and choice options like Brown Barge Middle.

2

Confirm the HOA and rental rules. Verify the ~$300/yr HOA, what it covers, and any rental rules.

3

Inspect the home. On a 1993-2004 patio home, inspect the roof, HVAC, and systems and budget for updates.

4

Comp within the community. Price to recent Millstream Drive sales; the high end can sit.

5

Check the FEMA flood zone. Confirm the flood zone for the specific lot.

Best Buy
A well-kept patio home priced to recent in-community comps, with the HOA confirmed and the schools verified, near the hospital and UWF.
Biggest Risk
Overpaying the high end in a thin small community, or buying without weighing the schools.
Best Lot
Patio-home lots are small and similar; weigh what the home backs to and the cul-de-sac position.
Smart Timing
A softening market with a sitting high end gives buyers room; comp within the community.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Cambridge Mills is a small single-family patio-home community in the Ferry Pass area of northeast Pensacola (unincorporated Escambia County, 32514), on Millstream Drive, Sawmill Run, and Waterwheel Turn near North Davis Highway, with about 50 brick and frame patio homes (roughly 1,500 to 4,100 square feet) built between 1993 and 2004. The carry is light, with an active ~$300-a-year HOA and no CDD. The draw is convenience, walkable to West Florida Hospital, minutes to UWF, I-10, and Pace; trade-offs are weak zoned middle and high schools, homes on a systems cycle, and thin resale inventory where the high end can sit. Schools are in the Escambia County School District; confirm assignments by address.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller patio homes

The lower end is the smaller patio homes (around 1,500 square feet), tracking toward $300,000 (Zillow, 2026). The low HOA and convenience carry the value.

Lowest entry
Mid: three-bedroom homes

The core is the three-bedroom homes (around 2,000 to 2,100 square feet), with a 2022 sale around $355,000 and a 2026 listing around $349,000 (Zillow).

Most inventory
High: larger homes

The top is the larger homes (up to about 4,100 square feet), with Zestimates around $405,000 (Zillow, 2026). Size and condition separate these; the high end can sit.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Entry: smaller patio homes
The lower end is the smaller patio homes (around 1,500 square feet), tracking toward $300,000 (Zillow, 2026). The low HOA and convenience carry the value.
Mid: three-bedroom homes
The core is the three-bedroom homes (around 2,000 to 2,100 square feet), with a 2022 sale around $355,000 and a 2026 listing around $349,000 (Zillow).
High: larger homes
The top is the larger homes (up to about 4,100 square feet), with Zestimates around $405,000 (Zillow, 2026). Size and condition separate these; the high end can sit.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Cambridge Mills

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Cambridge Mills is convenient, low-HOA patio-home living near the hospital and UWF. The honest read is the weak schools and a thin high end, not the carry.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Resale Strength7.4/10
Renovation Risk7.2/10
Location Efficiency8.2/10
Long-Term Defensibility7.4/10
Carrying Cost Advantage8.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Cambridge Mills is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • Patio-home lots are small; check what each backs to.
  • Weigh the cul-de-sac position and drainage.
  • Confirm the FEMA flood zone for the address.

Cambridge Mills' lots are small patio-home parcels on cul-de-sac streets, so the lot read covers what the home backs to, the cul-de-sac position, the drainage, and the FEMA flood zone for the specific Ferry Pass address. On 1993-2004 patio homes, the position and the condition of the systems, not square footage alone, separate one home's value from the next.

Cambridge Mills in 15 seconds.

Best forHealthcare and university-area professionals who want convenience and a low HOA near the hospital and UWF.
Strong onLocation and carry: walkable to West Florida Hospital, minutes to UWF and I-10, and one of the lowest HOAs in the metro.
WatchWeak zoned middle and high schools, homes on a systems cycle, and a thin high end that can sit.
Not forFamilies set on strong older-grade schools, buyers wanting new construction or large lots, or those needing deep resale liquidity.
The edgeA convenient, low-HOA patio-home community near the hospital and UWF rewards a buyer who comps within the community.

HOA, CDD & Fees

15-Second Take
  • HOA ~$300/yr, among the lowest in the metro.
  • No CDD.
  • About 50 patio homes, 1993-2004.
  • Walk to West Florida Hospital; near UWF.
  • Weak zoned middle and high schools.

The HOA is about $300 a year (around $25 a month), among the lowest in the metro, and no CDD. Confirm the dues, what they cover, and any rental rules. The real costs are the upkeep of a 1993-2004 home and insurance.

Dues cover common-area maintenance at the modest level; confirm the exact coverage for the specific home.

There are no resort amenities; the appeal is the convenient location and the low-maintenance patio homes.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Cambridge Mills, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Cambridge Mills, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Cambridge Mills home worth?

Get a no-obligation home value based on real comparable sales in Cambridge Mills matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See the full Cambridge Mills home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Cambridge Mills year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Cambridge Mills Market Scorecard

Thin data

Cambridge Mills is currently a thin data. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Does Cambridge Mills have an HOA or CDD?
It has an active HOA of about $300 a year (around $25 a month), among the lowest in the metro, and no CDD. Confirm the dues and any rental rules.
How old are the homes in Cambridge Mills?
Most are brick and frame patio homes built between 1993 and 2004, so inspect the roof, HVAC, and systems on a specific home.
How much do homes in Cambridge Mills cost?
Activity ran roughly $300,000 to $410,000 depending on size and condition (Zillow, 2022-2026), with a 2022 sale around $355,000 and a 2026 listing around $349,000. Confirm current pricing with in-community comps.
What schools serve Cambridge Mills?
It is in the Escambia County School District, typically Ferry Pass Elementary (7/10), Ferry Pass Middle (weak, 4/10), and Pine Forest High (weak, 2/10), with Brown Barge Middle (8/10) a nearby choice option. Confirm the assignment by address.
How convenient is Cambridge Mills?
Very convenient. West Florida Hospital is walkable (under a mile), UWF is 5 to 8 minutes, I-10 about 5 minutes, and Pace minutes away.
Is Cambridge Mills gated?
No. It is an open, established patio-home community on cul-de-sac streets, not gated.
Is Cambridge Mills in a flood zone?
Flood risk is parcel-specific; the area is at moderate elevation. Confirm the FEMA flood zone for the specific lot.
Is there new construction in Cambridge Mills?
No. It is a built-out 1993-2004 community; purchases are resales.
Why might a Cambridge Mills home sit on the market?
The community is small with a thin high end, so larger homes can take time and may see price cuts; price realistically to recent in-community comps.
What should I check before buying in Cambridge Mills?
Verify the schools, confirm the HOA and rental rules, inspect the home, comp within the community, and check the FEMA flood zone.
Is Cambridge Mills a good investment?
Convenient, low-HOA patio-home living near the hospital and UWF supports steady demand, but weak older-grade schools and a thin high end are factors. Comp within the community; this is not a guarantee of future value.
Should I use the listing agent to buy in Cambridge Mills?
No. The listing agent works for the seller. Having your own representation to read the comps, the costs, and the inspection is the highest-leverage decision you make.
You want convenience and a low HOA near the hospital and UWFExcellent fit
You want a low-maintenance patio homeExcellent fit
You value a small, established communityExcellent fit
You are set on strong zoned middle and high schoolsProbably not
You want new construction or large lotsProbably not
You need deep resale liquidityProbably not

Get the inside read on Cambridge Mills

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Cambridge Mills home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Cambridge Mills specialist will reach out personally, usually the same day.

Cambridge Mills median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Cambridge Mills, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

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