Eagle's Ridge market snapshot (as of June 11, 2026): the median sale price is about $302K ($179 per sq ft), with homes averaging 34 days on market and 0.2 months of supply, a buyer-leaning market (limited data). Based on 80 recent closings in live Pensacola MLS data.
Eagle's Ridge is a master-planned community of new single-family homes in Pace, Santa Rosa County (ZIP 32571), on Eagles Ridge Road and surrounded by Santa Rosa County schools, major shopping, and the area's beaches. It is built by Lennar, offering spacious new-construction homes in a planned residential setting.
As a Lennar community, homes typically come with the builder's included-features approach and smart-home technology, and the master-planned layout brings the common areas and streetscape that come with an HOA. Pace is one of Santa Rosa County's fastest-growing areas, valued for its schools and its commute into Pensacola.
Condition risk is low on new construction; the deal is the homesite, the plan, and the incentive.
For buyers who want a brand-new home in a sought-after Pace school zone with an easy Pensacola commute, Eagle's Ridge is a clean option. The work is confirming the HOA and any CDD, comparing the builder's price and incentives to nearby resale, and choosing the homesite for resale.