Established in 1559 by Don Tristan de Luna and Spanish settlers, Pensacola is America's First Settlement. Pensacola is proud of its rich heritage and significant place in America's history. Often referred to as “The City of Five Flags”, Pensacola is known for having changed ownership several times. The village covers about 8.5 acres with 28 properties that range in architectural style from Greek Revival to Folk Victorian. Pensacola Museum of History and Old Christ Church are always great places to check out. Regardless of where your love of history falls, Pensacola offers centuries of stories and sites to explore.