17 Compass Point Way Watersound, FL 32461
Watersound Beach NeighborhoodEstimated payment $27,567/month
Highlights
- Beach
- Fitness Center
- Primary Bedroom Suite
- Deeded access to the beach
- Gulf View
- Beach House
About This Home
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 replaced 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, while 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.
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
- Garage Door Opener
Home Design
- Beach House
- Shake Siding
Interior Spaces
- 4,230 Sq Ft Home
- 4-Story Property
- Gas Fireplace
- Entrance Foyer
- Living Room
- Dining Area
- Screened Porch
- Gulf Views
Kitchen
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
Laundry
- Dryer
- Washer
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
- Heating System Uses Natural Gas
- 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 recreational faclty, security, trash, internet
- Watersound Beach Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Meeting Room
Recreation
- Beach
- Community Playground
- Fitness Center
- Exercise Course
- Community Pool
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 |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $4,625,000 | -0.5% | $1,093 / Sq Ft | |
| 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 | $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 | $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: Emerald Coast Association of REALTORS®
MLS Number: 998095
APN: 20-3S-18-16013-000-0470
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