17 Compass Point Way Watersound, FL 32461
Watersound NeighborhoodEstimated payment $29,802/month
Total Views
3,817
5
Beds
5.5
Baths
4,230
Sq Ft
$1,135
Price per Sq Ft
Highlights
- Beach
- Deeded access to the beach
- Gulf View
- Bay Elementary School Rated A-
- In Ground Pool
- Gated Community
About This Home
Just 100 yards from the white sandy beach, this showstopping home is brimming with bonus features. A private pool enhances the peaceful rear yard while a lofty west-facing lookout tower on the fourth floor provides panoramic views. It's a special space to watch sunsets over the iconic WaterSound rooftops lining the stunning Emerald coastline. Two full-width front porches provide quiet retreats for reading and relaxing in the shade. Cool white interiors create a light and airy ambiance in the inviting living room, which has deep-cushioned seating around the white brick fireplace. Wood flooring winds through the defined living spaces that include a formal dining area and a wet bar with a refrigerator for serving perfectly chilled drinks. The chef's kitchen wows with veined marble countertops and a host of Thermador appliances, including a double oven and a six-burner gas stove. An island bar with stools provides additional seating for guests when entertaining. Step into the adjoining screened lounge to enjoy some fresh sea air or head onto the pool terrace to catch some rays. It's an excellent spot for a poolside barbecue beneath the swaying palms. A top-of-the-line sound system provides your choice of background music through a new amplifier, and there's a handy outdoor shower for rinsing off. Five bedrooms and five-and-a-half baths allow family and guests to enjoy their own privacy and space. Two plush master suites include one on the first floor with stair-free access. The spa-like ensuite bathroom includes a beautiful walk-in shower, an oval roll-top garden tub and a dual marble vanity. An elegant staircase leads to another exquisite master suite and two king-size guest suites. Youngsters will revel in two sets of twin-over-twin bunks in their own den-like bedroom. They will also appreciate the third-floor game room with its oversized screen for non-stop movies. There's another wet bar for the ultimate movie nights. Outdoors, there's ample space for parking on the paved driveway, which leads to a charming detached garage. This coastal haven comes with all the luxury amenities that WaterSound is known for. Multiple pools, a private fitness center, a dog park, miles of boardwalks and one mile of the beaches stunning gulf waters.
Listing Agent
Scenic Sotheby's International Realty Brokerage Email: vanessa@scenicsir.com Listed on: 05/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,077
Year Built
- Built in 2017
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 48x110
- Partially Fenced Property
HOA Fees
- $598 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Shingle Roof
Interior Spaces
- 4,230 Sq Ft Home
- 4-Story Property
- Partially Furnished
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Area
- Screened Porch
- Gulf Views
Kitchen
- Gas Oven or Range
- Stove
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16013-000-0470
Community Details
Overview
- Association fees include accounting, internet service, master, recreational faclty, security, trash
- Watersound Beach Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Beach
- Community Playground
- Community Pool
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $32,499 | $4,261,354 | $1,395,956 | $2,865,398 |
| 2023 | $32,499 | $3,152,143 | $0 | $0 |
| 2022 | $31,041 | $4,124,565 | $1,549,512 | $2,575,053 |
| 2021 | $25,216 | $2,605,077 | $1,084,238 | $1,520,839 |
| 2020 | $23,886 | $2,392,778 | $901,765 | $1,491,013 |
| 2019 | $21,862 | $2,201,384 | $875,500 | $1,325,884 |
| 2018 | $21,034 | $2,128,818 | $0 | $0 |
| 2017 | $7,306 | $737,100 | $737,100 | $0 |
| 2016 | $6,754 | $675,000 | $0 | $0 |
| 2015 | $5,726 | $600,000 | $0 | $0 |
| 2014 | $4,897 | $475,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $4,800,000 | +61.3% | $1,135 / Sq Ft |
| 06/29/2020 06/29/20 | Sold | $2,975,000 | 0.0% | $703 / Sq Ft |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $2,975,000 | -- | $703 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,975,000 | Shoreline Title Llc | |
| Deed | $810,000 | -- | |
| Warranty Deed | $536,000 | Aqua Title | |
| Warranty Deed | $366,000 | Attorney | |
| Special Warranty Deed | $400,000 | None Available | |
| Special Warranty Deed | $966,500 | Residential Cmnty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $1,625,000 | New Conventional | |
| Previous Owner | $1,600,000 | Construction | |
| Previous Owner | $588,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $274,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $860,120 | Construction |
Source: Public Records
Similar Homes in Watersound, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 976128
APN: 20-3S-18-16013-000-0470
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