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Walton 32413
17 Compass Point Way
$4,499,000
↓ $126K (2.7%)
● House - For Sale

17 Compass Point Way

Watersound, FL 32461
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,230 Ft²
$22,091
Est. Monthly

About This Property

Steps from the sugar-white sands of the Gulf, this exceptional Watersound Beach residence commands attention across four thoughtfully designed floors. Built in 2017 and encompassing 4,230 square feet, this five-bedroom, five-and-a-half-bath home is a masterclass in refined coastal living, with all three HVAC systems brand new in 2026 for effortless, worry-free ownership. Soaring ceilings, crisp white interiors, and a white brick fireplace set the tone, while the chef's kitchen boasts marble countertops and a full suite of Thermador appliances, including a six-burner gas range. Two primary suites, including a first-floor retreat, offer rare privacy. A dedicated bunk room and third-floor game room with oversized screen make the home ideal for gathering and entertaining.

Outside, a private pool and landscaped yard provide a serene escape, and the property backs up to a large open green space and pond with easy access, offering room to stroll, play, and unwind. The fourth-floor west-facing lookout tower reveals sweeping views of the Emerald Coast. Dual full-width covered porches invite unhurried mornings and golden-hour evenings. A detached garage and paved driveway complete the offering.

Within the gated Watersound Beach community, residents enjoy multiple pools, a private fitness center, miles of scenic boardwalks, a dog park, and one mile of deeded Gulf beach access. Short-term rentals are permitted, presenting a rare opportunity to own a premier primary residence, second home, or income-producing asset along one of Florida's most sought-after coastlines.
Unit Size
4,230 Ft²
Days on Market
197 days
Land Size
0.12 acres
Price per sqft
$1,064
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

Listed By

Blankenship Watkins Advisory Group
Christies International Real Estate Emerald Coast

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Last updated: 9 hours ago (ECAR #998095)

Price History

Date / Event Date Event Price
Aug 17, 2026 Price Decreased $4,499,000
↓ $126K (2.7%)
Price Decreased
Jul 29, 2026 Price Decreased $4,625,000
↓ $25K (0.5%)
Price Decreased
Jun 9, 2026 Price Decreased $4,650,000
↓ $40K (0.9%)
Price Decreased
Apr 15, 2026 Price Decreased $4,690,000
↓ $100K (2.1%)
Price Decreased
Mar 16, 2026 Listed by Christies International Real Estate Emerald Coast $4,790,000
Listed by Christies International Real Estate Emerald Coast
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Kitchen Island, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Refrigerator, Washer, Wine Refrigerator, Water Heater, Auto Garage Door Opn, Stove/Oven Dual Fuel
Rooms: 9
Has Fireplace
Fireplace Features: Fireplace Gas
Exterior Details
Square Footage: 4230
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2017
Building Area Total: 4230
Window Features: Window Treatment All
Construction Materials: Siding Shake
Patio and Porch Features: Screened
Pool Features: Pool - In-Ground, Pool Type
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Lot Size Dimensions: 48x110
Water Source: Public
Financial Details
Tax Assessed Value: $1,795
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Internet, Security, Trash, Accounting, Master Association, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 350
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 4
  • Garage Square Area: 286
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,280
  • Total Building Area: 4,446
  • Gross Building Area: 4,446
  • Building Area: 4,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,446
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND BEACH PH 4
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 47 WATERSOUND BEACH PH 4 PB 15-84 OR 2680-2136 OR 2887-4781 OR 2891-3053 OR 2919-1043 OR 2983-2108 OR 3148-2569

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-20-18
  • Subdivision Phase Number: 4
  • Parcel: 20-3S-18-16013-000-0470
  • Block: 4
  • Lot: 47
  • Meridian: SEC 20 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3005
  • Longitude: -86.0704

    Address

  • Full Address: 17 Compass Point Way S
  • Address - House Number: 17
  • Street Segment Direction: S
  • Address - Street Name: Compass Point
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R035
  • 4-Digit Zip Code: 0713
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 4,612
  • Tax Year: 2022
  • Tax Amount: $3,104,104
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 5,789,950
  • High Value: 7,340,970
  • Low Value: 4,238,930

    Market Valuation

  • Market Total Value: $4,124,565
  • Market Land Value: $1,549,512
  • Market Improvement Value: $2,575,053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,124,565
  • Assessed Land Value: $1,549,512
  • Assessed Improvements Value: $2,575,053

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200022909
  • Previous Sale Recording Date: Jun 01, 2015
  • Previous Sale Contract Date: Jun 01, 2015
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 17 Compass Point Way built and last sold?
The property at 17 Compass Point Way was built in 2017 and last sold on Jun 29, 2020 for $2,975,000.
How much is this home worth?
The estimated value of the home located at 17 Compass Point Way is $4,422,054.
What are some comparable homes to 17 Compass Point Way?
There are currently no comparable homes to 17 Compass Point Way.