17 Compass Point Way Watersound, FL 32461
Watersound Beach NeighborhoodEstimated payment $28,090/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
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | Price Changed | $4,650,000 | -0.9% | $1,099 / Sq Ft | |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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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