Spencers Ridge in Pace

Spencers Ridge

Established subdivision · Pace, Santa Rosa County · ZIP 32571

An established single-family subdivision near Pea Ridge in fast-growing Pace.

Pace schoolsHOA managedEstablished homes
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is an established Pace subdivision in a fast-growing area, so condition and the lot decide where a home trades against the growing field.
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Unlock Off-Market Spencers Ridge

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
$395K
Median Price
0mo
Supply
58days
Avg DOM
Soft
Seller Leverage
$176/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Spencers Ridge is an established single-family subdivision in the Pace and Pea Ridge area of fast-growing Santa Rosa County, so the read is condition and value. The homes are conventional three and four bedroom designs where the floor plan, the lot, and updates drive value. The pull is the Pace school district, an HOA-managed setting, and convenient access. Value turns on condition and the lot. Your leverage is reading the renovation math honestly against the Pace field."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Spencers Ridge market snapshot (as of June 11, 2026): the median sale price is about $395K ($176 per sq ft), a buyer-leaning market (limited data). Based on 5 recent closings in live Pensacola MLS data.

Spencers Ridge is an established single-family subdivision in Pace (ZIP 32571), Santa Rosa County, near Pea Ridge Elementary in the Spencer Field area. It is a settled, owner-occupied community in one of Northwest Florida's fastest-growing areas.

The homes are conventional single-family residences, commonly three to four bedrooms from roughly 1,700 to 1,900 square feet, with recent sales generally around $295,000 to $320,000 per third-party sources. Condition and vintage vary from home to home.

There is a homeowners association, with related Spencer Field-area subdivisions nearby, including newer construction. Confirm the current dues, what they cover, and any rules. The community is in the Pace school district, part of the A-rated Santa Rosa County School District; confirm the zoning by address.

Because the subdivision is established, the buy hinges on an honest read of a home's condition and systems and on the specific lot. Well-kept and updated homes are the part of the value that holds up at resale, supported by strong Pace demand. Note local growth has raised traffic and infrastructure considerations worth checking for a specific street.

Best for

  • Buyers who want an established single-family home in fast-growing Pace
  • Buyers prioritizing the Pace school district
  • Buyers who want an HOA-managed setting near Pea Ridge
  • Buyers comfortable pricing a home's condition honestly

Probably not for

  • Buyers who want brand-new construction with a builder warranty
  • Buyers who want a downtown or beachfront location
  • Buyers seeking large estate lots or acreage
  • Buyers sensitive to area growth and traffic

How Spencers Ridge 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
5Sold 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 Spencers Ridge 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 Spencers Ridge buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Spencers Ridge

Live MLS inventory for Spencers Ridge. 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.

No homes are actively for sale in Spencers Ridge right now, so its recent closed sales are shown, 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 Pace location trades a longer beach drive for an established home, the Pace schools, and convenient access, with area growth to weigh.

Pea Ridge Elementary area~5 min · ~2 miles
Pace (Five Points)~10-12 min · ~5 miles
Downtown Milton~12-15 min · ~7 miles
Interstate 10 (Avalon Blvd)~15-18 min · ~10 miles
Downtown Pensacola~25-30 min · ~16 miles
Navarre Beach~35-40 min · ~24 miles

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Spencers Ridge with Momentum Realty’s local guides.

SummerdaleSummerdalePace, FL · adjacentSpencer Oaks LandingSpencer Oaks LandingPace, FL · 0.6 miFloridatown HeightsFloridatown HeightsPace, FL · 1.0 miHidden ForestHidden ForestPace, FL · 1.4 miJaimee'sRidgeJaimee'sRidgeMilton, FL · 1.4 miLakewood ManorLakewood ManorMilton, FL · 1.9 miAvalon ParkAvalon ParkMilton, FL · 2.3 miHeatherwoodHeatherwoodPace, FL · 2.3 miCottonwoodCottonwoodMilton, FL · 2.4 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
Spencers Ridge (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

Spencers Ridge 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 Spencers Ridge address.

The takeaway

What is actually shaping value around Spencers Ridge: rapid Pace and Pea Ridge growth, highly rated Pace schools, and local traffic and infrastructure pressure. Each item is sourced and linked.

Recent Developments in Spencers Ridge

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

Net OutlookBullishPace growth and schools point demand up, with competing newer supply and area traffic the near-term watch items. The factor for a buyer is condition and the street on a specific home.

Fast-growing Pace and Pea Ridge area

2025
BullishMajor impact
SignificanceRadius: County

Strong, sustained growth in the Pace and Pea Ridge area underpins housing demand.

Pace school district anchors demand

Ongoing
BullishNotable impact
SignificanceRadius: Community

Highly rated Pace schools are a durable demand driver for established subdivisions here.

Local growth raising traffic and infrastructure questions

2025
NeutralNotable impact
SignificanceRadius: Community

Rapid nearby development has raised traffic and infrastructure concerns worth checking for a specific street.

Competing new supply in Pace

Ongoing
NeutralMinor impact
SignificanceRadius: Metro

Ongoing new construction in Pace means an established home competes with newer inventory.

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 Spencers Ridge, 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. January 2025
    County

    Santa Rosa County posts continued strong growth

    County data and reporting showed Santa Rosa among the fastest-growing counties in the metro, with strong, sustained housing demand and infrastructure pressure in the Pace area. Why it matters: Sustained growth supports demand, while traffic and infrastructure are local watch items. Source

  2. March 2025
    Market

    Santa Rosa County housing inventory and sales climb

    Market data showed inventory and monthly sales rising sharply in early 2025 across the county. Why it matters: A deeper market gives buyers more options to weigh, a factor for pricing. 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 Spencers Ridge, this is the order of operations we would run, and the one we run for our clients.

1

Read the condition. Price the roof, HVAC, and finishes honestly for the home's vintage before you judge the list price.

2

Confirm the HOA. Get the current dues, what they cover, and any rules.

3

Verify the Pace school zoning. Confirm the assigned schools for the specific address with the district.

4

Check area growth and traffic. Confirm the street's traffic and any nearby construction for your needs.

5

Match the home to real comps. Condition, the lot, and updates decide where a Spencers Ridge home lands.

Best Buy
A well-kept, updated home on a quiet lot, matched to recent Pace comps
Biggest Risk
Underbudgeting systems on an older home, or overlooking area traffic
Best Lot
A larger or quieter lot on a well-maintained street
Smart Timing
Confirm the HOA and school zoning before you offer
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

Spencers Ridge is an established single-family subdivision in Pace, near Pea Ridge Elementary in the Spencer Field area of fast-growing Santa Rosa County. The homes are conventional single-family residences, commonly three to four bedrooms from roughly 1,700 to 1,900 square feet, with recent sales generally around $295,000 to $320,000 per third-party sources. It has a homeowners association, with related Spencer Field-area subdivisions nearby including newer construction. It is in the Pace school district. There is no golf or country-club membership; the value story is the home's condition, the lot, and strong Pace demand, with area growth and traffic worth checking per street.

The takeaway

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

The Entry Home
$345K to $395K

More original or modest homes, the established entry into a Pace school-district subdivision.

Lowest entry
The Updated Home
$395K to $541K

Updated three and four bedroom homes on solid lots, the move-in heart of the market here.

Most inventory
The Best Lot
$541K to $545K

Well-kept, updated homes on the larger or quieter lots, the homes that hold value best.

Strongest resale

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

$345K to $395K
The Entry Home
More original or modest homes, the established entry into a Pace school-district subdivision.
$395K to $541K
The Updated Home
Updated three and four bedroom homes on solid lots, the move-in heart of the market here.
$541K to $545K
The Best Lot
Well-kept, updated homes on the larger or quieter lots, the homes that hold value best.

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.

Fast-growing Pace and Pea RidgeStrong
Pace school districtStrong
HOA-managed settingSolid
Condition varies by vintageManage it
Area growth and trafficCheck 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 Spencers Ridge

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.

The Pace schools and growth are the draw. The deal is won or lost on condition, the lot, and the price versus the Pace field.

Jon Brooks · Founder, Momentum Realty
7.3B · Buy Score
Resale Strength7.3/10
Renovation Risk4.4/10
Location Efficiency7.4/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage8.0/10

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 Spencers Ridge 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
  • Larger and quieter lots carry the edge here
  • Condition and updates drive value most
  • Good drainage matters on the lot
  • The lot is fixed, the house can be updated
  • Read condition and traffic before the finishes

In an established Pace subdivision, condition and the lot do the heavy lifting on value. Larger, quieter lots and well-updated homes carry the durable edge, while condition varies, and area growth means the street and its traffic matter. Read the home's condition and the street, and price it to recent Pace comparable sales.

Spencers Ridge in 15 seconds.

Best forBuyers who want an established single-family home in fast-growing Pace with strong schools.
Biggest advantageA Pace school-district location with an HOA-managed setting near Pea Ridge.
Biggest riskCondition and systems costs on an established home, plus area growth and traffic.
Sweet spotA well-kept, updated home on a quiet lot, priced to recent Pace comps.
Avoid ifYou want new construction, large lots, or a downtown or beach location.

HOA, CDD & Fees

15-Second Take
  • HOA community, confirm the current dues and rules
  • Established conventional single-family homes
  • Near Pea Ridge in the Spencer Field area
  • Pace school district, A-rated county
  • Check area growth and traffic per street

Spencers Ridge has a homeowners association; confirm the current dues amount and billing for the specific home with the listing.

Typical neighborhood HOA upkeep of common areas and entries. Verify exactly what is covered and any rules.

There is no golf or country-club membership tied to this subdivision.

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 Spencers Ridge, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Berry Place, 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 Spencers Ridge home worth?

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

Spencers Ridge Market Scorecard

No active listings

Spencers Ridge is currently a no active listings. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$395,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/5
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

Where is Spencers Ridge in Pace?
Spencers Ridge is an established single-family subdivision in Pace (ZIP 32571), Santa Rosa County, near Pea Ridge Elementary in the Spencer Field area.
What kind of homes are in Spencers Ridge?
Conventional single-family homes, commonly three to four bedrooms from roughly 1,700 to 1,900 square feet, with recent sales generally around $295,000 to $320,000 per third-party sources.
Does Spencers Ridge have an HOA?
Yes. Confirm the current dues, what they cover, and any rules for a specific home with the listing.
Does Spencers Ridge have a CDD fee?
A CDD bond is not generally expected in this established subdivision, but confirm per parcel as a matter of course.
What schools serve Spencers Ridge?
Spencers Ridge is in the Pace school district, part of the A-rated Santa Rosa County School District, near Pea Ridge Elementary. Confirm the exact assignment for a specific address with the district.
Is the Spencers Ridge area growing?
Yes. The Pace and Pea Ridge area is growing, with newer subdivisions nearby. Local growth has raised some traffic and infrastructure considerations worth checking for a specific street.
How old are the homes in Spencers Ridge?
The stock is established and varied, so read the age of the roof, HVAC, and other systems carefully on any specific home.
Is Spencers Ridge convenient?
Yes. Its Pace location offers convenient access to shopping, schools, and the wider area. Confirm your real commute at your real departure time.
Is Spencers Ridge a good value?
Pricing varies with the home's condition and lot. The right figure for a specific home is a comparable-sales read.
Is Spencers Ridge a good investment?
Pace's strong growth and schools support demand. As with any established subdivision, condition and the lot drive the outcome; this is not a guarantee of future value.
How far is Spencers Ridge from Pensacola and the beaches?
Pace is a convenient drive from Pensacola, with the beaches farther out. Confirm your real commute at your real departure time.
Should I use the listing agent to buy in Spencers Ridge?
No. The listing agent works for the seller. On an established home where condition swings value, having your own representation is the highest-leverage decision you make.
Buyers who want an established single-family home in fast-growing PaceExcellent fit
Buyers prioritizing the Pace school districtExcellent fit
Buyers who want an HOA-managed setting near Pea RidgeExcellent fit
Buyers comfortable pricing a home's condition honestlyExcellent fit
Buyers who will check area growth and trafficExcellent fit
Buyers who want brand-new construction with a builder warrantyProbably not
Buyers who want a downtown or beachfront locationProbably not
Buyers seeking large estate lots or acreageProbably not
Buyers sensitive to area growth and trafficProbably not
Buyers unwilling to confirm the HOAProbably not

Get the inside read on Spencers Ridge

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Spencers Ridge 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 Spencers Ridge specialist will reach out personally, usually the same day.

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

Zoom out before you decide: see the Pensacola area market guide or every community in the Neighborhood Finder.

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