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$4,650,000 -$40,000 (-0.85%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 4,230 Sq. Ft.
  • Updated 8 hours ago
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Positioned 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, the five-bedroom, five-and-a-half-bath home is a masterclass in refined coastal living - where soaring ceilings, crisp white interiors, and a white brick fireplace create an atmosphere of effortless sophistication. The chef's kitchen is appointed with richly veined marble countertops and a full suite of Thermador appliances, including a six-burner gas range and double oven. Two generous primary suites, including a first-floor retreat, offer the privacy and serenity expected of a home of this caliber. A dedicated bunk room and third-floor game room with oversized screen speak to thoughtful design for gathering and entertaining at every level. Outside, a private pool and landscaped rear yard provide a serene escape, while the fourth-floor west-facing lookout tower reveals sweeping panoramic views of the Emerald Coast. Dual full-width covered porches invite unhurried mornings and golden-hour evenings alike. A detached garage and paved driveway complete the offering with ease and practicality. Within the gated Watersound Beach community, residents enjoy an unrivaled amenity collection featuring 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.

Full Property Details for 17 Compass Point Way

General

  • Price: $4,650,000
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 998095
  • Updated: 6/8/2026
  • Added to Site: 84 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, TV Cable, Waterfront

Interior

  • Number of Rooms: 9
  • Interior Features: Kitchen Island, Owner's Closet, Washer/Dryer Hookup
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas
  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Refrigerator, Stove/Oven Dual Fuel, Washer, Wine Refrigerator, Water Heater - Elect
  • Furnishings: Furnished - Some

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Balcony, Shower
  • Porch/Patio/Deck: Porch Screened

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage Detached

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: WATERSOUND BEACH
  • Driving Directions: From Hwy 30A, turn into the Main Gates of Watersound Beach. Security will need to let you in. Continue straight on Watersound Way. Turn left onto Boat Wright Way. Take your next left onto Compass Point Way. House will be second on your left. Parking in driveway or parking pad out front.

School Information

  • Elementary School: Dune Lakes
  • Middle School: Emerald Coast
  • High School: South Walton

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Internet Service, Master Association, Recreational Faclty, Security, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Utility Description: Electric, Gas - Natural, Public Water, TV Cable

Structural Information

  • Architectural Style: Beach House
  • Construction: Siding Shake
  • Exterior Const.: Siding Shake
  • Stories/Levels: 4
  • Square Feet: 4,230
  • Sq. Ft. Source: County PA Records
  • Year Built: 2017

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227.2
  • Lot Dimensions: 48 x 110
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Lot-Part

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $1,795

Disclosures and Reports

  • Legal Description: 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
  • APN: 20-3S-18-16013-000-0470
  • Property ID: 20-3S-18-16013-000-0470

Listed by Christies International Real Estate Emerald Coast

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Listing agent

— 17 Compass Point Way —

  • Christies International Real Estate Emerald Coast

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 17 Compass Point Way

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-53.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-84.7 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-128.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17 Compass Point Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Price Reduced
$4,650,000
-0.85%
MLS
4/14/2026
Price Reduced
$4,690,000
-2.09%
MLS
3/16/2026
Listed
$4,790,000
6.44%
MLS
9/05/2025
Sold
$4,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 17 Compass Point Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,077
—
$4,236,809
-1%
2024
$35,077
8%
$4,261,354
5%
2023
$32,499
29%
$4,059,176
56%
2021
$25,216
-19%
$2,605,077
-37%
2022
$31,041
23%
$4,124,565
72%
2021
$25,216
15%
$2,392,778
9%
2019
$21,862
4%
$2,201,384
5%
2018
$21,034
188%
$2,089,628
183%
2017
$7,306
8%
$737,100
9%
2016
$6,754
18%
$675,000
12%
2015
$5,726
17%
$600,000
26%
2014
$4,897
49%
$475,000
50%
2013
$3,280
—
$316,250
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Christies International Real Estate Emerald Coast

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17 Compass Point Way, Watersound, FL 32461 (MLS# 998095) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 17 Compass Point Way is currently listed for $4,650,000 and was received on March 16, 2026. Want to learn more about 17 Compass Point Way? Do you have questions about finding other Single Family real estate for sale in Watersound? You can browse all Watersound real estate or contact a Coldwell Banker agent to request more information.

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