17 Compass Point Way, Watersound, FL 32461 (MLS# 998095)

17 Compass Point Way, Watersound, FL 32461

$4,625,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,230 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $4,625,000 List Date: 3/16/2026 Last Modified: 8/05/2026

Overview

Description

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 morning ... (Read more)

Listing Details MLS# 998095

Contract Info

List Price/SqFt: 1093.38
Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 17
Street Name: Compass Point
Street Suffix: Way
State: FL
Zip Code: 32461
County: Walton
Project Name/Subdivision: WATERSOUND BEACH
Parcel ID: 20-3S-18-16013-000-0470

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 4230
SqFt Source: County PA Records
Full Baths: 5
Half Baths: Yes
Total Bathrooms: 6
# Stories: 4
Year Built: 2017
Garage: Yes
Carport: No
Garage Spaces: Yes
Driveway Spaces: 2
userdefined76: 3
Acreage: 0.12
Pool: Yes
Pool Type: Private

Location, Tax and Legal

Sub Area: 1806 - S of of 30A/East
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 47 WATERSOUND BEACH PH 4 PB 15-84 OR 2680-2136 OR 2887-4781 OR 2891-3053 OR 2919-1043 OR 2983-2108 OR 3148-2569

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1795
Annual Assessment Amount: 7180
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 1
New Buyer Fee Paid: %
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: Yes

Parking Features

Garage Detached: Yes

Waterview

Gulf: Yes

Project Facilities

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Deed Access: Yes
Exercise Room: Yes
Gated Community: Yes
Pets Allowed: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
TV Cable: Yes
Waterfront: Yes

Construction/Siding

Roof Shingle/Shake: Yes
Siding Shake: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
Fenced Lot-Part: Yes
Pool - In-Ground: Yes
Porch Screened: Yes
Shower: Yes

Interior

Fireplace Gas: Yes
Furnished - Some: Yes
Kitchen Island: Yes
Owner's Closet: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Appliances

Auto Garage Door Opn: Yes
Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Stove/Oven Dual Fuel: Yes
Washer: Yes
Wine Refrigerator: Yes

Energy

AC - Central Elect: Yes
Heat Cntrl Electric: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Garden Tub: Yes
MBath Separate Shwr: Yes
MBed Balcony: Yes
MBed First Floor: Yes

Master Bedroom

First: Yes
Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Dining Area: Yes
Foyer: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Internet Service: Yes
Master Association: Yes
Recreational Faclty: Yes
Security: Yes
Trash: Yes

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Waterview: Gulf Parking Features: Garage Detached Project Facilities: BBQ Pit/Grill; Beach; Community Room; Deed Access; Exercise Room; Gated Community; Pets Allowed; Picnic Area; Playground; Pool; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Balcony; Fenced Lot-Part; Pool - In-Ground; Porch Screened; Shower Interior: Fireplace Gas; Furnished - Some; Kitchen Island; Owner's Closet; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Dryer; Refrigerator; Stove/Oven Dual Fuel; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First; Second Bedroom: Second Kitchen: First Living Room: First Rooms: Bedroom; Dining Area; Foyer; Kitchen; Living Room; Master Bathroom; Master Bedroom Fees Include: Accounting; Internet Service; Master Association; Recreational Faclty; Security; Trash

Room Information

Room Name	Level	Dimensions	Length	Width
Foyer	First	6.33 x 8.75	6.33	8.75
Kitchen	First	15.08 x 12.25	15.08	12.25
Dining Area	First	14.17 x 10.33	14.17	10.33
Living Room	First	17.58 x 19.75	17.58	19.75
Master Bedroom	First	14 x 13	14.00	13.00
Bedroom	Second	12.9 x 19.75	12.90	19.75
Bedroom	Second	12.5 x 19.75	12.50	19.75
Master Bedroom	Second	16.25 x 16.42	16.25	16.42
Master Bathroom	Second	10 x 15.42	10.00	15.42

Listing Office: Christies International Real Estate Emerald Coast

Last Updated: August - 05 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.