Terra Bella in Pace

Terra Bella

New-construction community · Pace, Santa Rosa County · ZIP 32571

Brand-new D.R. Horton construction in fast-growing Pace, with A-rated Santa Rosa schools.

New constructionA-rated schoolsSmart-home tech
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a builder market: the price is published, so the homesite, the floor plan, and the incentive on the table are what you actually negotiate.
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Unlock Off-Market Terra Bella

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
$306K
Median Price
0mo
Supply
58days
Avg DOM
Soft
Seller Leverage
$167/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Terra Bella is a D.R. Horton new-construction community in Pace, so the read is a builder read: a published product where you negotiate the homesite, plan, and incentive. The pull is the A-rated Santa Rosa schools and Pace's strong growth. The counterweight is a heavy regional pipeline of new homes. Your leverage is the lot and the incentive on the table, not condition."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Terra Bella market snapshot (as of June 11, 2026): the median sale price is about $306K ($167 per sq ft), a buyer-leaning market (limited data). Based on 4 recent closings in live Pensacola MLS data.

Terra Bella is a single-family new-construction community by D.R. Horton in Pace (ZIP 32571), Santa Rosa County, one of Northwest Florida's fastest-growing communities. It offers contemporary single-family homes with D.R. Horton's connected-home technology package.

Confirm the current floor plans, available homesites, base pricing, and incentives directly with the builder, since a new community's lineup changes as it sells, and some phases may be sold out while others are active.

There is a homeowners association; confirm the current dues and what they cover, and verify whether any community development district (CDD) bond applies to a specific homesite. The community is in the A-rated Santa Rosa County School District; confirm the zoning by address.

As new construction, the buy hinges on choosing the right homesite and floor plan and negotiating price and incentives rather than condition. A larger or buffered homesite is the part of the value most likely to hold up at resale against competing new inventory in the Pace corridor.

Best for

  • Buyers who want brand-new construction with a builder warranty
  • Buyers prioritizing the A-rated Santa Rosa County school district
  • Buyers who want a low-maintenance home with smart-home tech
  • Buyers comfortable with a Pace location near Milton and Pensacola

Probably not for

  • Buyers who want an established neighborhood with mature trees and large lots
  • Buyers who want a downtown or beachfront location
  • Buyers seeking custom architecture rather than builder floor plans
  • Buyers who want a short commute to the coast

How Terra Bella 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
4Sold 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 Terra Bella 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 Terra Bella buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Terra Bella

Live MLS inventory for Terra Bella. 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 Terra Bella 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 newer homes, the A-rated schools, and a convenient spot between Pensacola and Milton.

Pace (Five Points)~8-10 min · ~4 miles
Downtown Milton~15-18 min · ~9 miles
Interstate 10 (Avalon Blvd)~15-18 min · ~10 miles
NAS Whiting Field~15 min · ~9 miles
Downtown Pensacola~25-30 min · ~16 miles
Navarre Beach~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 Terra Bella with Momentum Realty’s local guides.

Bradley EstatesBradley EstatesPace, FL · adjacentSageSagePace, FL · adjacentTiburon EastTiburon EastPace, FL · adjacentTiburon WestTiburon WestPace, FL · adjacentWoodbine SpringsPlantationWoodbine SpringsPlantationPace, FL · adjacentBriarwood EstatesBriarwood EstatesPace, FL · 0.3 miHeritage EstatesHeritage EstatesPace, FL · 0.5 miAutumn PinesAutumn PinesPace, FL · 0.6 miWoodbine HillsWoodbine HillsPace, FL · 0.6 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
Terra Bella (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

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.

The takeaway

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.

Net OutlookBullishCounty growth and schools point demand up over time, while a heavy new-home pipeline is the near-term counterweight on resale pricing. Timing the builder incentive matters most.

Fast-growing Santa Rosa County

2025
BullishMajor impact
SignificanceRadius: County

Strong, sustained population growth underpins housing demand across Pace and the wider county.

A-rated school district anchors demand

Ongoing
BullishNotable impact
SignificanceRadius: County

A consistently A-rated district is a durable demand driver for new communities in Santa Rosa County.

Significant new-home supply still coming online

Ongoing
NeutralNotable impact
SignificanceRadius: Metro

A heavy pipeline of new construction means resale competes with fresh builder inventory, which can cap near-term resale upside.

Builder incentives shifting with rates

Ongoing
NeutralMinor impact
SignificanceRadius: Community

Builder 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 ↓

  1. 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

  2. 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.

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

1

Negotiate the builder package. Compare base price, lot premium, incentives, and preferred-lender credits before you commit.

2

Choose the homesite. Larger or buffered lots hold value better than tight interior lots in a new community.

3

Confirm the HOA and any CDD. Get the current dues and verify whether a CDD bond rides on your homesite.

4

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

5

Cross-shop nearby new communities such as Chase Farms to calibrate value and incentives.

Best Buy
A larger or buffered homesite with a popular floor plan and a strong builder incentive
Biggest Risk
Overpaying on a tight interior lot when the resale field is more new inventory
Best Lot
Larger or buffered lots over tight interior lots
Smart Timing
Confirm current pricing, incentives, the HOA, and any CDD before you commit
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

Terra Bella is a single-family new-construction community by D.R. Horton in Pace, Santa Rosa County, one of Northwest Florida's fastest-growing communities. It offers contemporary single-family homes with a connected-home technology package, in the A-rated Santa Rosa County School District. A new community's availability changes as it sells. It is an HOA community. As with any new community, confirm the current pricing, available homesites, HOA dues, and whether any community development district bond applies before you commit. There is no golf or country-club membership; the value story is the homesite, the floor plan, and the price against competing new inventory.

The takeaway

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

The Entry Plan
$285K to $290K

The smaller floor plans on standard interior lots, the entry into a new, A-rated-school Pace community.

Lowest entry
The Core Home
$290K to $340K

Mid-size four-bedroom plans on solid homesites, the heart of the new-construction lineup here.

Most inventory
The Best Lot
$340K to $340K

A popular plan on a premium larger or buffered homesite, the configuration that holds 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.

$285K to $290K
The Entry Plan
The smaller floor plans on standard interior lots, the entry into a new, A-rated-school Pace community.
$290K to $340K
The Core Home
Mid-size four-bedroom plans on solid homesites, the heart of the new-construction lineup here.
$340K to $340K
The Best Lot
A popular plan on a premium larger or buffered homesite, the configuration that holds 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 Santa Rosa CountyStrong
A-rated school districtStrong
New construction, builder warrantyStrong
Competing new-home supply nearbyManage it
Longer commute to the coastTrade-off

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 Terra Bella

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.

In new construction, the price is on the sheet. The deal is won or lost on the homesite, the floor plan, and the incentive.

Jon Brooks · Founder, Momentum Realty
7.6B · Buy Score
Resale Strength7.4/10
Renovation Risk2.8/10
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 Terra Bella 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 buffered lots hold value best
  • Tight interior lots are where buyers overpay
  • Lot premium is negotiable in a new community
  • A water or preserve buffer is a durable edge
  • Choose the homesite before the upgrades

In a new-construction community, the lot premium is one of the few choices that follows you to resale, since most buyers can pick a similar floor plan. Larger or buffered lots hold value better than tight interior lots facing more of the same. Negotiate the lot premium deliberately and choose the homesite before spending on optional upgrades.

Terra Bella in 15 seconds.

Best forBuyers who want brand-new construction with a builder warranty in a fast-growing, A-rated school county.
Biggest advantageA new, low-maintenance home with modern finishes in one of the metro's fastest-growing areas.
Biggest riskResale competition from more new inventory nearby, plus any CDD or HOA carrying cost.
Sweet spotA popular floor plan on a premium homesite bought with a strong builder incentive.
Avoid ifYou want an established neighborhood, large lots, or a downtown or beach location.

HOA, CDD & Fees

15-Second Take
  • HOA community, confirm the current dues
  • Verify whether a CDD bond applies per homesite
  • D.R. Horton new construction
  • Connected-home technology package
  • A-rated Santa Rosa County schools

Terra Bella is an HOA community; confirm the current dues amount and billing frequency for the specific home with the builder or listing.

Typical new-community HOA upkeep of common areas and entries. Verify exactly what is covered and whether any community development district (CDD) bond also applies to the homesite.

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

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 Terra Bella, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Chase Farms, 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 Terra Bella home worth?

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

Terra Bella Market Scorecard

No active listings

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

n/a
Months supply
n/a
Median list
$306,450
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/4
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

Who builds Terra Bella in Pace?
Terra Bella is a single-family new-construction community by D.R. Horton in Pace, Santa Rosa County.
What kind of homes are in Terra Bella?
Contemporary single-family new construction with D.R. Horton's connected-home technology package. Confirm the current floor plans and availability with the builder.
Does Terra Bella have an HOA?
Yes, it is an HOA community. Confirm the current dues and what they cover for a specific home with the builder or listing.
Does Terra Bella have a CDD fee?
Verify whether a community development district (CDD) bond applies to the specific homesite, as this affects the annual carrying cost. Confirm per parcel before you commit.
What schools serve Terra Bella?
Terra Bella is in the A-rated Santa Rosa County School District. Confirm the exact assigned schools for a specific address with the district.
Where is Terra Bella located?
It is in Pace, Santa Rosa County, convenient to Milton and Pensacola. Confirm the precise location and commute for a specific home.
Is Terra Bella still selling new homes?
A new community's availability changes as it sells, with some phases possibly sold out and others active. Confirm the current status with the builder.
How much do homes at Terra Bella cost?
Pricing, available homesites, and incentives change, so confirm current numbers directly with the builder.
Is Pace a good place to live?
Pace is among the fastest-growing communities in Northwest Florida, valued for highly rated schools, an extensive park system, and a location convenient to Pensacola and the Gulf beaches.
Is Terra Bella a good investment?
Santa Rosa County's growth and schools support demand. As with any new-construction area, competing new inventory and the homesite drive resale outcomes; this is not a guarantee of future value.
How far is Terra Bella from Pensacola and the beaches?
Pace is a convenient drive from Pensacola, with the Gulf beaches farther out. Confirm your real commute at your real departure time.
Should I use the builder's agent to buy in Terra Bella?
The on-site agent represents the builder. Bringing your own representation, typically at no cost to you, protects your interests on price, the homesite, incentives, and the contract.
Buyers who want brand-new construction with a builder warrantyExcellent fit
Buyers prioritizing the A-rated Santa Rosa County school districtExcellent fit
Buyers who want a low-maintenance home with smart-home techExcellent fit
Buyers comfortable with a Pace location near Milton and PensacolaExcellent fit
Buyers who will negotiate the homesite, price, and incentivesExcellent fit
Buyers who want an established neighborhood with mature trees and large lotsProbably not
Buyers who want a downtown or beachfront locationProbably not
Buyers seeking custom architecture rather than builder floor plansProbably not
Buyers who want a short commute to the coastProbably not
Buyers unwilling to verify any CDD or HOA carrying costProbably not

Get the inside read on Terra Bella

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

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

More Pace & Pensacola, Escambia & Santa Rosa guides

Compare before you commit — every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Pensacola, Escambia & Santa Rosa or the full Neighborhood Finder.

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