Chase Farms market snapshot (as of June 11, 2026): the median sale price is about $361K ($184 per sq ft), with homes averaging 42 days on market and 0.3 months of supply, a buyer-leaning market (limited data). Based on 38 recent closings in live Pensacola MLS data.
Chase Farms is a D.R. Horton new-home community in Pace (ZIP 32571), in fast-growing Santa Rosa County. It sits on Ten Mile Road near Chumuckla Highway, roughly ten minutes north of the Five Points area, with quick reach to Pace and Milton shopping and dining.
Homes are single-family new construction ranging from about 1,568 to 3,010 square feet, with three to five bedrooms and two to three bathrooms, across floor plans such as the Cali, Lismore, Lakeside, and Sawyer. Recent base pricing started around the high $320,000s; confirm current pricing, available homesites, and incentives directly with the builder.
Interiors come with builder-standard finishes such as stainless appliances, quartz counters, shaker cabinetry, and wood-look vinyl plank flooring in common areas, plus a connected-home technology package. There is a homeowners association; confirm the current dues and what they cover, and verify whether any community development district (CDD) bond applies to a specific homesite.
Because this is new construction, the buy hinges less on condition and more on choosing the right homesite and floor plan and negotiating the builder's price and incentives. A premium lot, a corner, or a water or buffer view is the part of the value that holds up at resale.
