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Jubilee in Pace

Jubilee

Established 1988 · Intracoastal West · ZIP 32224

A new Holiday Builders community in north Pace, strong schools, the built piece of a scaled-back plan.

New constructionStrong Pace schoolsPhase 1 of a scaled-back plan
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 Jubilee

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
94days
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

"Jubilee (marketed as Mahogany at Jubilee) is a new Holiday Builders single-family community in north Pace that opened in 2026, and the honest framing matters: it is the built first phase of a much larger master plan whose grand, higher-density and CDD version was repeatedly denied by the county. What is actually here is a real, attainable new-construction neighborhood (roughly $303,000 to $464,000) in a strong Pace school zone with a standout zoned middle school. The honest reads are an HOA whose dues were not disclosed and a CDD that could not be confirmed (verify both), the uncertainty of what later phases become given the denied master plan, north-Pace growth straining roads, and a longer NAS commute. Buy it for the attainable new build and the schools; confirm the HOA and CDD, and treat later phases as unsettled."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Jubilee is a new single-family community in north Pace, an unincorporated part of Santa Rosa County (32571), in the Willard Norris Road area north of the US-90 corridor. The active, built community is marketed by Holiday Builders as Mahogany at Jubilee, which held its grand opening in early 2026.

The first phase comprises roughly 83 homes, with detached plans reported from about 1,500 to 2,400 square feet, three to five bedrooms. It is early-phase new construction, actively selling, on a site that was the subject of a much larger proposed master plan.

An important honest note: the grand, higher-density version of Jubilee, with a Community Development District and a large rezoning, was repeatedly denied by Santa Rosa County amid community opposition over density and infrastructure. The built community is the scaled-back first phase; what later phases become is unsettled, so do not assume the original master-plan vision.

The carry must be confirmed: the HOA dues were not disclosed and a CDD could not be confirmed or ruled out for the built phase, so verify both. The appeal is attainable new construction in a strong Pace school zone with a standout zoned middle school; the trade-offs are the master-plan uncertainty, north-Pace growth straining roads, and a longer NAS Pensacola commute.

Quick Match

Who Jubilee is best for.

Best for

  • Buyers who want attainable new construction in a strong Pace school zone
  • Families drawn to a standout zoned middle school
  • Buyers comfortable with early-phase construction and unsettled later phases

Probably not for

  • Buyers who want a finished, fully amenitized master plan today
  • Buyers who want certainty about what the larger site becomes
  • Daily NAS Pensacola commuters (it is a longer drive)
Market Pulse

How Jubilee is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
105Median days on marketdays
0 : 6Under 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 Jubilee 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 Jubilee buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Jubilee

Live MLS inventory for Jubilee. 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.

6992 Terrapin Dr home for sale in JubileeActive · 105 daysTop listing
$441,003
4 bd · 3 ba · 2,482 sqft · built 2026
6992 Terrapin Dr, Pace, 32571
Reno opportunityBest value
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC
6988 Terrapin Dr home for sale in JubileeActive · 70 days
$405,012
3 bd · 3 ba · 2,261 sqft · built 2026
6988 Terrapin Dr, Pace, 32571
Reno opportunityBest value
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC
6984 Terrapin Dr home for sale in JubileeActive · 108 days
$399,990
3 bd · 2 ba · 1,824 sqft · built 2026
6984 Terrapin Dr, Pace, 32571
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC
3585 Bay Magnolia Way home for sale in JubileeActive · 105 days
$345,990
4 bd · 2 ba · 2,062 sqft · built 2026
3585 Bay Magnolia Way, Pace, 32571
Reno opportunityBest value
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC
3577 Bay Magnolia Way home for sale in JubileeActive · 108 days
$333,990
4 bd · 2 ba · 1,805 sqft · built 2026
3577 Bay Magnolia Way, Pace, 32571
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC
3581 Bay Magnolia Way home for sale in JubileeActive · 70 days
$329,990
3 bd · 2 ba · 1,568 sqft · built 2026
3581 Bay Magnolia Way, Pace, 32571
Listed by HOLIDAY BUILDERS OF THE GULF COAST, LLC

Active and pending Jubilee 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.

Interactive Map

Jubilee on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

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.

Nearby & Commute

How far is everything?

The takeaway

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

Drive times from Jubilee. They are approximate and vary with traffic and your exact start point.

Pace town center (US-90)~10-15 min · south
I-10 (US-90 area)~15-20 min · south
NAS Whiting Field (Milton)~15-20 min · east
Pensacola International Airport (PNS)~25-30 min · ~16-18 miles
Downtown Pensacola~28-34 min · ~20 miles
NAS Pensacola~35-45 min · across the metro

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 Jubilee with Momentum Realty’s local guides.

HammersmithHammersmithPace, FL · 0.3 miLa FlorestaLa FlorestaPace, FL · 0.9 miAshley PlantationAshley PlantationPace, FL · 1.2 miParkland PlaceParkland PlacePace, FL · 1.5 miAbernathyAbernathyPace, FL · 1.8 miIndian HillsIndian HillsPace, FL · 1.8 miRobinsonEstatesRobinsonEstatesPace, FL · 1.9 miWoodbineEstatesWoodbineEstatesPace, FL · 2.1 miNorth HarborNorth HarborPace, FL · 2.2 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
Jubilee (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
  • Santa Rosa 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

Jubilee is served by Santa Rosa 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 Jubilee address.

The takeaway

What is actually shaping value at Jubilee, sourced and dated. The attainable new build, strong schools, and a denied master plan are the practical facts.

Recent Developments in Jubilee

Development Intelligence

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

Net OutlookBullishThe backdrop is strong Pace school demand and active building in the first phase, against a softening county market and unresolved questions about the larger site. The recurring items are the HOA and CDD to confirm.

Attainable new construction in a strong school zone

BullishBelow-and-around-median new homes in a strong Pace school zone with a standout middle school support demand. impact
SignificanceRadius: Community

Attainable new construction in a strong school zone

Grand master plan repeatedly denied

NeutralThe larger, higher-density, CDD version of Jubilee was denied by the county; the built community is the scaled-back first phase, and later phases are unsettled. impact
SignificanceRadius: Site

Grand master plan repeatedly denied

North-Pace growth straining infrastructure

NeutralRapid north-Pace growth has strained roads and schools; weigh near-term congestion against long-term investment. impact
SignificanceRadius: North Pace

North-Pace growth straining infrastructure

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 Jubilee, 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. February 2026
    Build-out

    Mahogany at Jubilee grand opening

    Holiday Builders held a grand opening for Mahogany at Jubilee in early 2026, the built first phase of roughly 83 homes from about $303,000, in the strong Pace school zone. Why it matters: Active building means buyers can negotiate incentives; confirm the HOA and whether there is a CDD before contracting. Source

  2. 2023-2025
    Policy

    Larger Jubilee master plan denied

    Santa Rosa County repeatedly denied the larger, higher-density Jubilee master plan (with a proposed CDD) amid community opposition over density and infrastructure, leaving a scaled-back built community. Why it matters: Do not assume the original master-plan amenities or scale; treat later phases of the site as unsettled. 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.

The Strategy

The Jubilee buying strategy.

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

1

Confirm the HOA and whether there is a CDD. The dues were not disclosed and a CDD could not be confirmed or ruled out; verify both and request the documents before contracting.

2

Treat later phases as unsettled. The grand master plan was denied; do not assume original amenities or scale, and confirm what is actually built and planned.

3

Verify the school plan. Confirm the assigned schools by address, noting the standout zoned middle school.

4

Get an independent inspection and negotiate incentives. Use your own inspector on a new Holiday Builders home, and push for incentives in a softer market.

5

Check the FEMA flood zone. Confirm the flood zone and insurance for the specific lot; inland Pace is often lower-risk but verify.

The Quick Decision
Best Buy
A completed Holiday Builders home bought with incentives, with the HOA and CDD confirmed and a clean inspection, for the school zone and the attainable price.
Biggest Risk
An unconfirmed CDD or HOA, or assumptions about later phases the denied master plan does not deliver.
Best Lot
Lots are similar early-phase parcels; weigh what the home backs to and any future-phase adjacency.
Smart Timing
Active building plus a softer market gives buyers room to negotiate incentives.
Deep-Dive Intelligence

The full read, only if you want it.

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

Jubilee (marketed as Mahogany at Jubilee) is a new single-family community in north Pace (unincorporated Santa Rosa County, 32571), in the Willard Norris Road area, built by Holiday Builders with a 2026 grand opening. The built first phase is roughly 83 homes from about 1,500 to 2,400 square feet, actively selling. An important honest note: the larger, higher-density Jubilee master plan, with a proposed CDD, was repeatedly denied by the county amid opposition over density and infrastructure, so the built community is the scaled-back first phase and later phases are unsettled. The carry must be confirmed: the HOA dues were not disclosed and a CDD could not be confirmed or ruled out. The appeal is attainable new construction in a strong Pace school zone with a standout zoned middle school; trade-offs are the master-plan uncertainty, north-Pace growth, and a longer NAS commute. Schools are in the Santa Rosa County School District; confirm assignments by address.

Jubilee Homes For Sale

What your money buys in Jubilee.

The takeaway

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

Here are the broad resale bands in Jubilee today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: smaller three-bedroom plans

The lower end is the smaller three-bedroom plans (around 1,500 to 1,700 square feet), with base prices from roughly $303,000 (Holiday Builders, 2026), attainable for the strong school zone.

Lowest entry
Mid: four-bedroom family plans

The core is the four-bedroom plans (around 1,900 to 2,100 square feet), with prices in the $330,000s to high $300,000s (Holiday Builders / Jome, 2026).

Most inventory
High: largest five-bedroom plans

The top is the largest five-bedroom plans up to about 2,400 square feet, reaching toward $464,000 (Holiday Builders, 2026). Lot and included features separate these; confirm incentives.

Strongest resale

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

See Off-Market & Private Listings
What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

Entry: smaller three-bedroom plans
The lower end is the smaller three-bedroom plans (around 1,500 to 1,700 square feet), with base prices from roughly $303,000 (Holiday Builders, 2026), attainable for the strong school zone.
Mid: four-bedroom family plans
The core is the four-bedroom plans (around 1,900 to 2,100 square feet), with prices in the $330,000s to high $300,000s (Holiday Builders / Jome, 2026).
High: largest five-bedroom plans
The top is the largest five-bedroom plans up to about 2,400 square feet, reaching toward $464,000 (Holiday Builders, 2026). Lot and included features separate these; confirm incentives.

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

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Jubilee, condition, lot, and the renovation math, read from current listings and recent sales.

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
Proprietary Data

The renovation premium.

Renovated-listing inventory in Jubilee is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

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.

Resale Strength Scorecard

How well Jubilee holds value.

Our read on the factors that protect resale here, and the one to manage.

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 Jubilee

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.

Jubilee1

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Jubilee2

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Jubilee3

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Jubilee4

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Jubilee5

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Jubilee is the built, scaled-back phase of a denied master plan. The honest read is confirming the HOA and CDD and treating later phases as unsettled, not the original vision.

Jon Brooks · Founder, Momentum Realty
Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.4B · Buy Score
Resale Strength7.3/10
Renovation Risk8.4/10
Location Efficiency7.2/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage7.4/10

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.

Momentum Housing Intelligence

Why our read on Jubilee 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.
About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

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
  • Lots are similar early-phase parcels; check what each backs to.
  • Weigh any future-phase adjacency given the unsettled plan.
  • Confirm the FEMA flood zone for the specific lot.

Jubilee's lots are similar early-phase parcels, so the lot read covers what the home backs to, any adjacency to unsettled future phases of the larger site, and the FEMA flood zone for the specific north-Pace address (often lower-risk inland). Because the homes are similar production builds, the lot, the phasing context, and the home's condition, not the floor plan alone, separate one home's value from the next.

The 15-Second Verdict

Jubilee in 15 seconds.

Best forBuyers who want attainable new construction in a strong Pace school zone with a standout middle school.
Strong onSchools and value: below-and-around-median new homes, a builder warranty, and a standout zoned middle school.
WatchAn undisclosed HOA and an unconfirmed CDD, the unsettled later phases of a denied master plan, and a long NAS commute.
Not forBuyers who want a finished amenitized master plan, certainty about the larger site, or a short NAS commute.
The edgeActive building plus a softer market gives a prepared buyer real room to negotiate incentives in a strong school zone.

HOA, CDD & Fees

15-Second Take
  • HOA dues not disclosed; confirm them.
  • CDD could not be confirmed; the larger CDD plan was denied.
  • Built phase is a scaled-back ~83 homes.
  • Standout zoned middle school.
  • Treat later phases of the site as unsettled.

The HOA dues were not disclosed, so confirm them and request the documents; a CDD could not be confirmed or ruled out for the built phase (the larger proposed CDD was denied), so verify it at the property appraiser, since a CDD assessment would add to the tax bill. Model taxes at full assessed value on a new home.

HOA coverage was not posted; with a scaled-back plan, confirm exactly which amenities are built and what the HOA funds.

Amenities are uncertain given the scaled-back plan; confirm what is built and planned before relying on any amenity.

Run Your Numbers

Tools for a Jubilee buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxSanta Rosa County millage and the homestead picture.Rent vs buyThe breakeven on owning in Jubilee.Save Our HomesProject your homestead tax cap over time.
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.

Selling in Jubilee

Selling in Jubilee? Sell the home and the schools, and be clear about the phasing.

Your home's edge is attainable new construction in a strong school zone. Document the build, the HOA, and the schools, be straight about the scaled-back plan, and price to recent comps and competing inventory.

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 Jubilee, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Jubilee, 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 Jubilee home worth?

Get a no-obligation home value based on real comparable sales in Jubilee 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 Jubilee 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 Jubilee 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.

Jubilee Market Scorecard

Thin data

Jubilee is currently a thin data. Limited supply, a median asking price of $372,990, and homes go under contract in about 105 days.

n/a
Months supply
$372,990
Median list
n/a
Median sold
$182
Per sqft
105
Days on mkt
6/0/0
Active/Pend/Sold

Typical home value in the 32571 ZIP is $327,859, about 25.9% below the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard · county scorecard.

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

Is Jubilee the big master-planned community that was proposed?
Not as originally envisioned. The larger, higher-density Jubilee master plan, with a proposed CDD, was repeatedly denied by Santa Rosa County. The built community (Mahogany at Jubilee) is a scaled-back first phase of roughly 83 homes; treat later phases of the site as unsettled.
Does Jubilee have an HOA or CDD?
It has an HOA, but the dues were not disclosed, so confirm them and request the documents. A CDD could not be confirmed or ruled out for the built phase (the larger proposed CDD was denied), so verify it at the property appraiser.
Who builds Jubilee?
Holiday Builders, a long-established Florida builder, builds the active community (Mahogany at Jubilee), with plans from about 1,500 to 2,400 square feet.
How much do homes in Jubilee cost?
Base prices run roughly $303,000 to $464,000 (Holiday Builders, 2026), attainable for the strong Pace school zone. Confirm current pricing and incentives with the builder.
What schools serve Jubilee?
It is in the Santa Rosa County School District, with assignments commonly to Pace-area schools including the standout Thomas L. Sims Middle and Pace High. Confirm the exact assignment by address.
Is Jubilee gated?
There is no confirmation of a gate for the built phase; confirm with the builder for the specific section.
How is the commute from Jubilee?
Pace town center is ten to fifteen minutes south, NAS Whiting Field fifteen to twenty east, I-10 fifteen to twenty, and the airport and downtown Pensacola roughly twenty-five to thirty-four. NAS Pensacola is a longer thirty-five-to-forty-five-minute drive.
Is Jubilee in a flood zone?
Inland north Pace is often lower-risk, but the flood zone is parcel-specific. Confirm the FEMA flood zone and insurance for the specific lot.
What amenities does Jubilee have?
Amenities are uncertain given the scaled-back plan; confirm exactly what is built and planned, and what the HOA funds, before relying on any amenity.
What should I check before buying in Jubilee?
Confirm the HOA dues and whether there is a CDD, treat later phases as unsettled, verify the school plan, get an independent inspection, check the flood zone, and negotiate incentives.
Is Jubilee a good investment?
Attainable new construction in a strong school zone supports demand, but the undisclosed HOA, unconfirmed CDD, and the unsettled larger site are real factors. Confirm the costs and buy with incentives; this is not a guarantee of future value.
Should I use the builder's sales agent as my representation?
The builder's agent represents the builder, not you. Having your own representation to confirm the HOA and CDD, read the phasing, and negotiate incentives is the highest-leverage decision you make.
The Verdict

Should you buy in Jubilee?

An honest fit check. We will tell you when it is not your community.

You want attainable new construction in a strong Pace school zoneExcellent fit
You are drawn to a standout zoned middle schoolExcellent fit
You are comfortable with early-phase construction and unsettled later phasesExcellent fit
You want a finished, fully amenitized master plan todayProbably not
You want certainty about what the larger site becomesProbably not
You commute daily to NAS PensacolaProbably not

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Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Jubilee 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.

By pressing Get My Jubilee Game Plan, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call and text you about your inquiry, which may involve automated means and prerecorded or artificial voices, at the number you provided. You do not need to consent as a condition of buying any property, goods, or services. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out, HELP for help. You also agree to our Privacy Policy and SMS Terms.

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Jubilee median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Jubilee, 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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