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

Description

Positioned 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, the five-bedroom, five-and-a-half-bath home is a masterclass in refined coastal living - where soaring ceilings, crisp white interiors, and a white brick fireplace create an atmosphere of effortless sophistication. The chef's kitchen is appointed with richly veined marble countertops and a full suite of Thermador appliances, including a six-burner gas range and double oven. Two generous primary suites, including a first-floor retreat, offer the privacy and serenity expected of a home of this caliber.

Supplements: A dedicated bunk room and third-floor game room with oversized screen speak to thoughtful design for gathering and entertaining at every level. Outside, a private pool and landscaped rear yard provide a serene escape, while the fourth-floor west-facing lookout tower reveals sweeping panoramic views of the Emerald Coast. Dual full-width covered porches invite unhurried mornings and golden-hour evenings alike. A detached garage and paved driveway complete the offering with ease and practicality. Within the gated Watersound Beach community, residents enjoy an unrivaled amenity collection featuring 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.

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1132.39 List Date: 2026-03-16 Current Price: $4,790,000 List Price: $4,790,000

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

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Garage: Yes Carport: No Driveway Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 4230 Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Bathrooms: 6 # Stories: 4 Year Built: 2017 Garage Spaces: 1 Acreage: 0.12

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

Remarks & Misc

Remarks: Positioned 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, the five-bedroom, five-and-a-half-bath home is a masterclass in refined coastal living - where soaring ceilings, crisp white interiors, and a white brick fireplace create an atmosphere of effortless sophistication. The chef's kitchen is appointed with richly veined marble countertops and a full suite of Thermador appliances, including a six-burner gas range and double oven. Two generous primary suites, including a first-floor retreat, offer the privacy and serenity expected of a home of this caliber.

Construction Status

Construction Complete: 1

Parking Features

Garage Detached: 1

Waterview

Gulf: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Deed Access: 1 Exercise Room: 1 Gated Community: 1 Pets Allowed: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Roof Shingle/Shake: 1 Siding Shake: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Fenced Lot-Part: 1 Pool - In-Ground: 1 Porch Screened: 1 Shower: 1

Interior

Fireplace Gas: 1 Furnished - Some: 1 Kitchen Island: 1 Owner's Closet: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Dryer: 1 Refrigerator: 1 Stove/Oven Dual Fuel: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBed Balcony: 1 MBed First Floor: 1

Master Bedroom

First: 1 Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Foyer: 1 Kitchen: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Internet Service: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 Trash: 1

Status Change Info

Status: Active

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

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

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