NOT LISTED FOR SALE

Estimated Value: $5,830,000 - $6,668,000

6 Beds
8 Baths
5,221 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $6,400,000 $1,226 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $37,465/month

83 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of July 2023

Masterfully built with endless Gulf views and impeccable design selections, 35 Compass Rose Way perfectly epitomizes the coveted lifestyle of WaterSound Beach. This serene home, designed by T.S. Adams and constructed by Gulfview Construction in 2017, has been exclusively kept as a second residence and its extraordinary attention to detail is unmatched.

Six generous bedrooms, complete with ensuite baths, are located across each of the home's three residential levels making the residence perfectly suited for multi-generational families. An elevator adds to the home's convenience, easily connecting guests staying in the first-floor guest suite to the upper levels' recreational, sleeping and work spaces. Delivering elegance and ease, the home's open concept kitchen and living space are graciously appointed with luxurious features for the discerning buyer. Sub-Zero and Wolf appliances are found throughout the home and extend to the screened summer kitchen. Ample dining spaces expand the home's entertaining potential, with indoor and outdoor spaces designed for yearlong use. The home's exterior spaces, beyond the summer kitchen, include a seating area with fireplace and are complimented by the home's private pool and thoughtful landscape design. New custom living room furnishings, designer lighting elements and Venetian plaster are found throughout the residence's exquisite first floor, along with a beautifully finished powder room and attached two-car garage.

An abundance of natural light flows through the stairwell leading to the home's second level. Custom woodwork, located throughout the residence, is perhaps most noteworthy here as the extraordinary ceiling framing the home's entry way from the second floor. The second level includes an extraordinary master suite, two guest suites and a spacious bunk room offering views of the Gulf of Mexico and its legendary dunes. Lavish bedding, luxurious window treatments, sublime furnishings and stunning tile and counter selections welcome guests and invite them to relax and experience the coastal elegance of this one-of-a-kind property.

Continuing to the third level, an unmatched retreat unfolds. A newly redesigned office space provides a dedicated workspace complete with gulf views, redefining the home office. A recreational space, with adjacent powder bath and well-appointed wet bar, service the third floor creating an additional place of respite for residents and guests. Perhaps the most stunning element of this level is the newly remodeled master suite, again designed and executed by T.S. Adams and Gulfview Construction. The forever Gulf views are unparalleled and immediately welcome you upon entering the suite. A private balcony provides the perfect spot to start the day with morning coffee and exceptional sunrises An expansive master bath now offers dedicated beauty space, soaker tub, stand-alone shower and two beautifully appointed vanities.

The pinnacle of 35 Compass Rose Way is its tower. From the third level, an exterior staircase leads to commanding views of the community and the Gulf of Mexico from the home's 4th-story tower. Coastal breezes welcome you in this spacious expanse providing views all along the 30A coastline.

With breathtaking, unobstructed views of the Gulf of Mexico, enviable location close to the DuneSider Pool, proximity to the WaterSound Club and every feature and amenity imaginable, 35 Compass Rose Way is the ideal property for buyers seeking a full-time residence, dedicated second home or as an investment. Perfectly capturing the essence of 30A's most coveted community, this extraordinary WaterSound Beach residence is not to be missed.

Last Agent to Sell the Property

Julie Cumby

Scenic Sotheby's International Realty Listed on: 03/27/2023

Last Buyer's Agent

Darla Ogle

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,586

Year Built

  • Built in 2017

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 79x46x79x42.4

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Beach House
  • Newly Painted Property
  • Wallpaper
  • Frame Construction
  • Shingle Roof
  • Shake Siding
  • Wood Trim

Interior Spaces

  • 5,221 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Partially Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Great Room
  • Dining Room
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Open Patio
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16023-000-0050

Community Details

Overview

  • Association fees include accounting, ground keeping, security, cable TV, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,586

Year Built

Built in 2017

Lot Details

0

HOA Fees

$433 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 79x46x79x42.4
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter WaterSound Beach through the main guard house - check in with the security attendant at the gate - and follow WaterSound Way to Compass Rose Way. Turn left onto Compass Rose Way, the home is down the street on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2017
  • Remarks Misc:Remarks: Masterfully built with endless Gulf views and impeccable design selections, 35 Compass Rose Way perfectly epitomizes the coveted lifestyle of WaterSound Beach. This serene home, designed by T.S. Adams and constructed by Gulfview Construction in 2017, has been exclusively kept as a second residence and its extraordinary attention to detail is unmatched. Six generous bedrooms, complete with ensuite baths, are located across each of the home's three residential levels making the residence perfectly suited for multi-generational families. An elevator adds to the home's convenience, easily connecting guests staying in the first-floor guest suite to the upper levels' recreational, sleeping and work spaces.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Security System, Smoke Detector, Stove/Oven Dual Fuel, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Vaulted, Elevator, Fireplace, Floor Hardwood, Floor Tile, Furnished - Some, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Shelving, Wallpaper, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Shingle/Shake, Shake Siding, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Fireplace, Patio Open, Pool - Heated, Pool - In-Ground, Porch Open, Porch Screened, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Gated Community, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1300.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 20-3S-18-16023-000-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 38586.39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Mjo Spousal Access Trust and Mro Irrevocable Trust
Bought by
Seek First Realty Llc
Current Estimated Value
$6,296,347

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 11, 2023
Sold by
Barnes Michael W and Barnes Jennifer L
Bought by
Mjo Spousal Access Trust and Mro Irrevocable Trust
Seller's Agent
Julie Cumby
Scenic Sotheby's International Realty
Buyer's Agent
Darla Ogle
EXP Realty LLC
List Price
$7,250,000
Sold Price
$6,400,000
Premium/Discount to List
-$850,000
-11.72%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%

Purchase Details

Closed on
Sep 9, 2020
Sold by
We Three Holdings Llc
Bought by
Barnes Michael W and Barnes Jennifer L

Purchase Details

Closed on
Mar 29, 2018
Sold by
Warbler Roeprties Llc
Bought by
We Three Holdings Llc

Purchase Details

Closed on
Feb 3, 2016
Sold by
The St Joe Company
Bought by
Warbler Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seek First Realty Llc $100 None Listed On Document
Mjo Spousal Access Trust $6,400,000 Tradewinds Title Company Llc
Barnes Michael W $4,250,000 Shoreline Title Llc
We Three Holdings Llc $3,540,000 Attorney
Warbler Properties Llc $235,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $6,400,000 -7.9% $1,226 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $6,950,000 -4.1% $1,331 / Sq Ft
03/27/2023 03/27/23 For Sale $7,250,000 -- $1,389 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $51,247 $5,671,669 $1,400,000 $4,271,669
2024 $44,123 $5,710,545 $1,395,956 $4,314,589
2023 $44,123 $4,103,963 $0 $0
2022 $38,586 $4,645,556 $1,549,512 $3,096,044
2021 $32,831 $3,391,705 $1,084,238 $2,307,467
2020 $30,960 $3,101,446 $901,765 $2,199,681
2019 $28,136 $2,833,125 $875,500 $1,957,625
2018 $24,714 $2,485,730 $0 $0
2017 $7,527 $759,486 $759,486 $0
2016 $6,960 $695,500 $0 $0
2015 $6,607 $650,000 $0 $0
2014 $161 $15,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 919782

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16023-000-0050