Terra Bella
Homes for Sale in Pace, FL
All 284 homes for sale in Pace, FL · median $385,908 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Coastal Realty Partners · via Pensacola MLS
Homes listed or recently sold were built 2015–2016; 4 of 4 report an HOA (median $17/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 163 ft). Terra Bella is a community in Pace, Santa Rosa County, FL. Across Pace as a whole, 338 homes closed in the last 12 months at a median of $374,902, 55 median days on market, with 48 homes for sale today. At that median and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $4,800 ($4,300 with the full homestead exemption).

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.
Nearby homes for sale
No active listings inside Terra Bella right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A small, single-era neighborhood in Pace where the homes are close in vintage and size, so what separates one sale from the next is upkeep and finish rather than square footage or age.
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.
The setting & the homes.
Aerial and on-site photos of Terra Bella. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Pensacola MLS listings in Terra Bella; content deemed reliable but not guaranteed.
Who Terra Bella 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
The market around Terra Bella
Terra Bella is too small for its own price trend, so here is the market around it.
Across Santa Rosa County, 581 homes are active and 348 pending (38% under contract).
ZIP and county figures describe the wider market, not Terra Bella specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Terra Bella, Pace
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Deemed reliable but not guaranteed.
Terra Bella 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.
The Terra Bella buying strategy.
If we were buying in Terra Bella 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.
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. 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 in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $17/month · median of 32 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $17 per month — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Terra Bella, 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 all homes for sale in Pace →
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 $330,382, about 25.6% 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?
What share of Terra Bella is owner-occupied?
When were the homes in Terra Bella built?
Who is the best real estate agent for Terra Bella?
How do I find a top Pace real estate agent who knows Terra Bella?
Can Momentum Realty connect me with an agent for Terra Bella?
Where is Terra Bella, and what county is it in?
Should you buy in Terra Bella?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: September 20, 2026) |
| Housing stock & ownership | Florida DOR 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 local 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.
See how Terra Bella fits the bigger picture — live prices, inventory, and Momentum Scores:
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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