$4,865,000
SOLD JUN 2, 2025
5 Beds
5.5 Baths
4,727 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$1,029 Per Sq Ft

13% Below List Price

185 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Heated In Ground Pool
  • Home fronts a pond

About This Home

As of June 2025

Welcome 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

Cheryl Chamblee

EXP Realty LLC License #3106732 Listed on: 10/11/2024

EXP Realty LLC

Last Buyer's Agent

Teresa Turner

Scenic Sotheby's International Realty License #270204

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,109

Year Built

Built in 2016

Lot Details

0

HOA Fees

$598 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 117x110x30x110
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter through main gate at Watersound Beach. Go approximately .2 miles turn left o Boat Right Lane, go 300 feet turn left on Compass Point Way S go 250 feet destination is on your left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2016
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - Some
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Tnkls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Interior Amenities: Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace 2+, Kitchen Island, Pantry, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
  • Window Features: Plantation Shutters, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Corner, Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Pond, Gulf
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Siding Shake
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, Sprinkler System
  • Patio And Porch Features: Porch, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Security: Fire Alarm/Sprinkler
  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1795.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, 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: 8276.4
  • Parcel #: 20-3S-18-16013-000-0430
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 30109.09
  • Tax Year: 2023

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
Current Estimated Value
$5,013,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,658
Avg. Annual Appreciation
9.86%

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
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 960900

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16013-000-0430