47 Compass Point Way Watersound, FL 32461
Watersound Neighborhood
5
Beds
5.5
Baths
4,727
Sq Ft
8,276
Sq Ft Lot
Highlights
- Beach
- Deeded access to the beach
- Fishing
- Bay Elementary School Rated A-
- Heated In Ground Pool
- Home fronts a pond
About This Home
As of June 2025Welcome to your dream coastal retreat at 47 Compass Point Way, nestled in the serene heart of Watersound Beach, Florida. This exquisite residence promises an unparalleled living experience with its blend of luxury, comfort, and breathtaking views and sunsets. Spread over a generous 4,727 square feet, this pond front home is a masterpiece of design and craftsmanship. From the moment you step inside, you're welcomed by the warmth of hardwood floors that flow seamlessly throughout the expansive interiors. The heart of this home features pecky cypress custom cabinetry that adds a touch of elegance to the gourmet kitchen, perfectly set up for culinary adventures This property boasts 4 well appointed bedrooms, and 5-1/2 bathrooms, ensuring ample space for family and guest alike. Notably, two primary suites offer a private sanctuary with extensive closets and built-in storage spaces. For added convenience, there are two laundry areas catering to each floor. Entertainment and leisure are at the forefront with multiple levels of living spaces. The third floor has a charming bunk/bedroom complete with full bath and wet-bar an ideal haven for younger guests or as a versatile space for hobbies. A slide down to the second level den adds a whimsical touch. Outdoor living is redefined here with a large lagoon style lap pool complete with water feature and plenty of space for lounging. The pool is encased by a concrete privacy wall that makes for perfect sun-soaked days or serene evenings. Screened and covered porches adorned with classic shutters provide the perfect backdrop for alfresco dining or taking in sunsets and gulf breezes.Additional luxuries include, two fireplaces, reclaimed beams, shiplap walls that add tons of coastal charm. With a three-car garage, parking is never an issue. This property isn't just a home; it's a lifestyle offering tranquility, luxury, and endless sunsets from the tower with 360 views of the Gulf and lake. Discover the meaning of coastal living at 47 Compass Point Way-where every detail has been thoughtfully curated for you to embrace life by the beach in its full splendor. Watersound Beach community is home to one of the area's most beautiful miles of coastline. Amenities include, community pool, puttering park, community green spaces, state-of-the-art fitness center, and deeded beach access. DON'T MISS OUT ON THIS INCREDIBLE OPPORTUNITY in one of 30A's most coveted beachfront neighborhoods. ** Buyer to verify all dimensions**
Last Agent to Sell the Property
EXP Realty LLC License #3106732 Listed on: 10/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,109
Year Built
- Built in 2016
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 117x110x30x110
- Home fronts a pond
- Property fronts a private road
- Cul-De-Sac
- Privacy Fence
- Corner Lot
- Sprinkler System
HOA Fees
- $598 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Automatic Garage Door Opener
Property Views
- Gulf
- Pond
Home Design
- Beach House
- Dimensional Roof
Interior Spaces
- 4,727 Sq Ft Home
- 3-Story Property
- Wet Bar
- Partially Furnished
- Woodwork
- Crown Molding
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Plantation Shutters
- Living Room
- Screened Porch
- Painted or Stained Flooring
Kitchen
- Walk-In Pantry
- Double Oven
- Gas Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire Sprinkler System
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Deeded access to the beach
- Pond
- Balcony
- 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
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16013-000-0430
Community Details
Overview
- Association fees include accounting, legal, management, security, cable TV, trash
- Watersound Beach Subdivision
- The community has rules related to covenants
Amenities
- Picnic Area
- Community Pavilion
- Recreation Room
Recreation
- Beach
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Jun 2, 2025
Sold by
Loupe Roxanne S and Loupe Troy D
Bought by
Desert Frog Technology Llc
Seller's Agent
Cheryl Chamblee
EXP Realty LLC
Buyer's Agent
Teresa Turner
Scenic Sotheby's International Realty
List Price
$5,600,000
Sold Price
$4,865,000
Premium/Discount to List
-$735,000
-13.12%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
560.21%
Purchase Details
Closed on
Aug 29, 2008
Sold by
The St Joe Co
Bought by
Loupe Troy D and Loupe Roxanne S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Interest Rate
6.61%
Mortgage Type
Unknown
Similar Homes in Watersound, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,865,000 | Watersound Title | |
| Warranty Deed | $4,865,000 | Watersound Title | |
| Special Warranty Deed | $512,500 | Residential Community Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $1,790,000 | Assumption | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $1,400,000 | Construction | |
| Previous Owner | $384,375 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $4,865,000 | -5.5% | $1,029 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Price Changed | $5,150,000 | -5.6% | $1,089 / Sq Ft |
| 12/31/2024 12/31/24 | Price Changed | $5,455,000 | -2.6% | $1,154 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $5,600,000 | +591.4% | $1,185 / Sq Ft |
| 06/30/2015 06/30/15 | Sold | $810,000 | 0.0% | -- |
| 06/05/2015 06/05/15 | Pending | -- | -- | -- |
| 03/07/2014 03/07/14 | For Sale | $810,000 | -- | -- |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $30,109 | $3,936,749 | -- | -- |
| 2023 | $30,109 | $2,965,970 | $0 | $0 |
| 2022 | $41,516 | $4,802,766 | $1,704,463 | $3,098,303 |
| 2021 | $24,920 | $2,612,154 | $0 | $0 |
| 2020 | $25,343 | $2,783,958 | $991,941 | $1,792,017 |
| 2019 | $24,637 | $2,518,171 | $0 | $0 |
| 2018 | $24,269 | $2,471,218 | $0 | $0 |
| 2017 | $21,050 | $2,322,712 | $810,810 | $1,511,902 |
| 2016 | $5,612 | $742,500 | $0 | $0 |
| 2015 | $5,128 | $660,000 | $0 | $0 |
| 2014 | $4,322 | $522,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Chamblee
Seller's Agent in 2025
Cheryl Chamblee
EXP Realty LLC
(205) 478-9778
6 in this area
20 Total Sales
-
Teresa Turner
Buyer's Agent in 2025
Teresa Turner
Scenic Sotheby's International Realty
(850) 933-7899
6 in this area
62 Total Sales
-
Amin Delawalla
Seller's Agent in 2015
Amin Delawalla
Christies International Real Estate Emerald Coast
(850) 225-9899
8 in this area
268 Total Sales
-
H
Buyer's Agent in 2015
Hannah Martin
Beach Properties Of Florida Ll
-
-
Buyer's Agent in 2015
- Ecn.rets.e8702
ecn.rets.RETS_OFFICE
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 960900
APN: 20-3S-18-16013-000-0430
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