Mahogany at Jubilee
Homes for Sale in Pace, FL

Mahogany at Jubilee is a new-construction single-family community in Pace, Santa Rosa County (ZIP 32571), built by Holiday Builders. It is the initial residential section of Jubilee, a master-planned community reported at roughly 2,700 acres in the Chumuckla Highway area northwest of Pensacola. Public announcements describe a first phase of about 83 homes on roughly 260 acres, with Holiday Builders offering homes from its Cornerstone and Value collections ranging from about 1,246 to 2,614 square feet, and pricing reported from the low $300s to the mid-$400s at grand opening. Planned community amenities cited by the builder include a dog park, pickleball courts, and an event lawn for gatherings. Because this is a grand-opening section, there is no recorded resale history yet, so this page tracks the launch rather than a resale pricing picture.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

In ZIP 32571 (Pace), 554 homes closed in the last 12 months at a median of $370K ($175/sq ft), up 2.6% year over year, with a median 53 days on market. Right now 98 active and 51 pending listings put supply at about 2.5 months — a healthy market. See the live ZIP 32571 housing market and the Santa Rosa County market.

ZIP and county figures describe the wider market, not Mahogany at Jubilee specifically. Momentum Research analysis of MLS records.

The reason Mahogany at Jubilee is worth its own page is the master plan behind it. Jubilee is announced as a long-term, mixed-use development spanning roughly 2,700 acres, with plans that reference homes, recreation, green space, and future school sites. Mahogany is the first residential section to open, which means buyers here are getting in at the front of a multi-phase build-out. That has a practical upside — early lot selection and pre-construction pricing — and a practical caveat: the broader amenities and later phases are planned, not built, and timelines on large master plans move.

On the homes themselves, Holiday Builders is delivering its Cornerstone and Value collections at Mahogany, a range reported from about 1,246 to 2,614 square feet across a spread of floor plans. Pricing was cited from the low $300s to the mid-$400s at grand opening. Builder base prices and included features are the figures to compare here, since there is no resale market yet to price against.

Two items should be confirmed in writing before any deposit: the HOA structure and fee, and whether the section carries any special assessment or district financing tied to the master plan's infrastructure. New master-planned sections sometimes do; the recorded documents, not a sales-office estimate, are the reliable source. Momentum can pull those for you.

For a grand-opening section of a large master plan, a local agent's value is timing and diligence. We can get you on the interest list so you see releases as they price, line up Holiday Builders' Cornerstone and Value base prices and included features side by side, and flag which homesites carry premiums before the best lots are spoken for.

We also read the fine print buyers often skip on new construction — the HOA budget, any special assessment or district financing tied to Jubilee's infrastructure, and how builder incentives are structured — so the monthly cost you underwrite is the real one, not the sticker.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.