17 Compass Point Way Watersound, FL 32461
Watersound NeighborhoodEstimated payment $27,888/month
Highlights
- Beach
- Deeded access to the beach
- In Ground Pool
- Dune Lakes Elementary School Rated A-
- Fitness Center
- Gulf View
About This Home
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.
Listing Agent
Christies International Real Estate Emerald Coast Listed on: 03/16/2026
Open House Schedule
-
Thursday, May 7, 20261:00 to 4:00 pm5/7/2026 1:00:00 PM +00:005/7/2026 4:00:00 PM +00:00Please contact Brooklyn Bostick at 580-606-7733 with any questions.Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 2017
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 48x110
- Partially Fenced Property
Parking
- 1 Car Detached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Shingle Roof
- Shake Siding
Interior Spaces
- 4,230 Sq Ft Home
- 4-Story Property
- Partially Furnished
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Area
- Screened Porch
- Gulf Views
Kitchen
- Double Oven
- Gas Oven or Range
- Stove
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- 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
- Property has a Home Owners Association
- Association fees include accounting, internet service, master, recreational faclty, security, trash
- Watersound Beach Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Meeting Room
Recreation
- Beach
- Community Playground
- Fitness Center
- Exercise Course
- Community Pool
Security
- Gated Community
Map
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 |
|---|---|---|---|---|
| 2025 | $36,264 | $4,236,809 | $1,400,000 | $2,836,809 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Price Changed | $4,690,000 | -2.1% | $1,109 / Sq Ft | |
| 03/16/2026 03/16/26 | For Sale | $4,790,000 | +6.4% | $1,132 / Sq Ft | |
| 09/05/2025 09/05/25 | Sold | $4,500,000 | -6.3% | $1,064 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- | |
| 10/22/2019 10/22/19 | For Sale | $2,975,000 | -- | $703 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,500,000 | None Listed On Document | |
| Warranty Deed | $4,500,000 | None Listed On Document | |
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $860,120 | Construction |
Source: Emerald Coast Association of REALTORS®
MLS Number: 998095
APN: 20-3S-18-16013-000-0470
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