Terra Bella Pace
Homes for Sale in Pace, FL
True comps, carrying-cost math, and listings before the portals.
Terra Bella Pace is a compact subdivision of 74 homes built in a tight window between 2010 and 2016, with the median home dating to 2015. That construction era matters more than any single stat here: you are looking at homes young enough to avoid major systems replacement in the near term, but past the brand-new premium. Price in this pocket is driven by condition and updates rather than age spread, because the housing stock is so uniform. A median living area of 2,154 square feet tells you these are mid-sized homes, and the differences you pay for come down to lot, finish level, and how well a given house has been kept.
As of July 13, 2026, there are no active listings in Terra Bella Pace. For a seller, that means no direct competition inside the community the moment you list — an advantage, but one that also leaves you without a fresh local comp to anchor pricing, so recent sales and homes in the wider Pace market do the work. For a buyer, it means patience: you cannot tour what is not for sale, and with a homestead share of about 76%, most of these homes are owner-occupied and turn over slowly rather than trading as rentals or flips.
The setting & the homes.
Aerial and on-site photos of Terra Bella Pace. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Terra Bella Pace
Terra Bella Pace
Terra Bella Pace
Terra Bella Pace
Terra Bella PaceWho Terra Bella Pace is best for.
Best for
- Buyers who want a home built in the 2010s with predictable systems and are comfortable waiting for the right listing
- Owner-occupant buyers seeking a mid-sized home around 2,154 square feet in a small, low-turnover subdivision
- Sellers who value having no in-community competition at listing and will price against wider Pace comps
Probably not for
- Buyers who need to choose from multiple active listings right now
- Buyers set on amenity-driven communities with a pool, clubhouse, or shared facilities
- Investors targeting rental-heavy neighborhoods with frequent turnover
Terra Bella Pace on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Pensacola MLS. Map data © OpenStreetMap, tiles © CARTO.
Nearby Communities
Explore more neighborhoods near Terra Bella Homes for Sale in Pace, FL with Momentum Realty’s local guides.
Carrying cost · the no-CDD edge
No CDD bond means thousands less per year than newer master plans.
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
- 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
Terra Bella 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 Terra Bella address.
What is actually shaping value around Terra Bella: rapid Santa Rosa County growth, an A-rated school district, and a steady pipeline of competing new construction. Each item is sourced and linked.
Recent Developments in Terra Bella
Our read on what is being built around Terra Bella, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.
Fast-growing Santa Rosa County
2025Strong, sustained population growth underpins housing demand across Pace and the wider county.
A-rated school district anchors demand
OngoingA consistently A-rated district is a durable demand driver for new communities in Santa Rosa County.
Significant new-home supply still coming online
OngoingA heavy pipeline of new construction means resale competes with fresh builder inventory, which can cap near-term resale upside.
Builder incentives shifting with rates
OngoingBuilder pricing and rate incentives move with the market, so the deal on the table is worth timing and negotiating.
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 Terra Bella, 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 ↓
- January 2025
County
Santa Rosa County posts continued strong growth
County data and reporting showed Santa Rosa adding several thousand residents and needing on the order of 1,500 new homes a year to keep pace with demand. Why it matters: Sustained growth underpins housing demand across Pace and the wider county. Source
- March 2025
Market
Santa Rosa County housing inventory and sales climb
Market data showed inventory and monthly sales rising sharply in early 2025 as new communities came online across the county. Why it matters: More inventory means resale competes with fresh builder product, a factor for near-term 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.
The Terra Bella Pace buying strategy.
If we were buying in Terra Bella Pace today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Terra Bella Pace.
A uniform book of homes
With 74 homes and no amenities identified from current MLS listings, Terra Bella Pace reads as a straightforward residential subdivision rather than a lifestyle community. There is no pool, clubhouse, or amenity fee doing the selling for you — the house itself carries the value. That tends to keep carrying costs simpler and puts the emphasis on the interior and the lot when you evaluate a listing.
The roughly 76% homestead share signals a community held largely by owner-occupants, which historically correlates with steadier upkeep and slower turnover. Combined with the narrow build range, that gives buyers a predictable product: you generally know what era of construction, roughly what size, and what kind of maintenance timeline you are stepping into. The trade-off is limited selection — when nothing is listed, as is the case now, you wait for the right door to open rather than choose from several.
The location and the amenities are priced into every listing in Terra Bella Pace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With zero active listings, Terra Bella Pace is a market you have to work rather than shop. We track this neighborhood's turnover directly and lean on recent Pace and Santa Rosa County comps to price a home fairly when there is no in-community listing to reference. For buyers, that means we can flag a home before it hits the feed; for sellers, it means we set a number grounded in real transactions, not guesswork.
Terra Bella Pace in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Terra Bella Pace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Terra Bella Pace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Terra Bella Pace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Terra Bella Pace home worth?
Get a no-obligation home value based on real comparable sales in Terra Bella Pace, 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 homes for sale in Terra Bella Pace on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Santa Rosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Santa Rosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Terra Bella Market Scorecard
Terra Bella is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32571 ZIP is $329,353, about 26.1% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: 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. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Terra Bella Pace?
What share of Terra Bella Pace is owner-occupied?
When were the homes in Terra Bella Pace built?
Who is the best real estate agent for Terra Bella Pace?
How do I find a top Pace real estate agent who knows Terra Bella Pace?
Can Momentum Realty connect me with an agent for Terra Bella Pace?
Should you buy in Terra Bella Pace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Terra Bella Pace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: July 3, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Pensacola MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Pensacola MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.