98 Compass Point Way Alys Beach, FL 32461
Watersound NeighborhoodEstimated payment $49,600/month
Highlights
- In Ground Pool
- Gulf View
- Deck
- Dune Lakes Elementary School Rated A-
- Gated Community
- Cathedral Ceiling
About This Home
Nestled in WaterSound Beach's most picturesque setting, this custom 5-bed, 5-bath, 2-powder-room masterpiece offers stunning views of a tranquil park, exclusive Beach Club, and Gulf of America. Steps from Dune Sider pool and private Beach Club, its light-filled interiors boast soaring ceilings, designer finishes, and sweeping vistas from nearly every room. The second-floor entertaining spaces capture the Emerald Coast's beauty, while expansive decks with outdoor fireplaces invite relaxation or gatherings in the coastal breeze. Four luxurious ensuite guest suites, including a spacious bunk room with four bunks, provide ample space. With an acceptable offer, unlock a WaterSound Beach Club Membership and 12 months prepaid Club Dues—a $89,000+ value. Designer details throughout the home including hand hewn beams, travertine floors, hardwood floors, and detailed trim craftsmanship throughout. The home offers a private pool overlooking a pocket park and the gulf in the distance. This home also features a two-car garage with plenty of storage space, large laundry areas, drop zones and a small office space for those afternoon calls.
Open House Schedule
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Saturday, October 04, 202510:00 am to 5:00 pm10/4/2025 10:00:00 AM +00:0010/4/2025 5:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,922
Year Built
- Built in 2015
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 55x105x51x105
- Property fronts a private road
HOA Fees
- $598 Monthly HOA Fees
Parking
- 2 Car Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Slab Foundation
- Cement Board or Planked
Interior Spaces
- 4,090 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Family Room
- Living Room
- Dining Room
- Gulf Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Shower Only
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
- Outdoor Kitchen
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Multiple Water Heaters
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16018-0170
Community Details
Overview
- Association fees include ground keeping, internet service, management, security, trash
- Watersound Subdivision
Recreation
- Community Playground
- Community Pool
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $53,922 | $5,934,382 | $1,612,330 | $4,322,052 |
| 2023 | $53,922 | $5,934,382 | $1,612,330 | $4,322,052 |
| 2022 | $35,159 | $4,917,773 | $1,789,616 | $3,128,157 |
| 2021 | $29,406 | $3,556,437 | $1,252,294 | $2,304,143 |
| 2020 | $27,722 | $3,237,264 | $1,041,538 | $2,195,726 |
| 2019 | $24,567 | $2,846,977 | $875,500 | $1,971,477 |
| 2018 | $23,263 | $2,751,378 | $0 | $0 |
| 2017 | $18,832 | $2,061,745 | $0 | $0 |
| 2016 | $16,118 | $1,646,897 | $0 | $0 |
| 2015 | $3,983 | $391,875 | $0 | $0 |
| 2014 | $3,673 | $356,250 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $8,395,000 | 0.0% | $2,053 / Sq Ft |
| 10/02/2025 10/02/25 | Off Market | $8,395,000 | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $8,395,000 | -1.2% | $2,053 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $8,495,000 | +215.2% | $2,077 / Sq Ft |
| 12/04/2015 12/04/15 | Sold | $2,695,000 | 0.0% | $725 / Sq Ft |
| 08/19/2014 08/19/14 | For Sale | $2,695,000 | -- | $725 / Sq Ft |
| 02/08/2014 02/08/14 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $100 | -- | |
| Deed | $8,178,000 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $455,000 | None Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 976279
APN: 20-3S-18-16018-000-0170
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