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.
Single-familyProperty Type
2017Year Built
5,227 sq ftLot Size
$1,064Price/Sq.Ft.
$598/moHOA Dues
1 garage spacesParking
Listed by Blankenship Watkins Advisory Group Group• Christies International Real Estate Emerald Coast
Santa Rosa Beach, located between Grayton Beach State Park and Seaside, is a coastal and low-rise Miramar Beach neighborhood with dune-backed shorelines and pine-flatwood trails. The neighborhood’s character concentrates around the 30A corridor near the County Highway 393 junction, where bike traffic, beach cruisers, and small storefronts set a relaxed, design-forward pace. Architectural cues lean toward coastal cottages and contemporary beach homes with deep porches and metal roofs. Gulf views and rare coastal dune lakes shape daily rhythms, with boardwalks and trailheads threading through scrub and sand. Community pillars include The REP Theatre in Seaside, the open-air E.O. Wilson Park, and the long-running Grayton Beer Company taproom.
Provided by Walk Score and Local Logic
Offer insights
17 Compass Point Way · $4,499,000
$4.4M and above
75% chance or better to win
Why $4.4M+ is a strong offer
DAYS ON MARKET
164 days
The average home goes pending in 86 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Partially furnished
Kitchen island
Owner's closet
Washer/dryer hookup
Window treatments
Gas fireplace
Bedrooms
5 bedrooms total
Primary suites located on first and second floors
Bathrooms
6 bathrooms total
5 full baths and 1 half bath
Primary bathrooms with double vanity, garden tub and separate shower
Kitchen
Dishwasher
Refrigerator
Kitchen on first floor
Laundry & utility
Washer and dryer included
Electric water heater
Heating & cooling
Central air conditioning
Central heating with natural gas
Electric heat control
Exterior features
Balcony
Outdoor shower
Partially fenced lot
Screened porch
Gulf view
In-ground pool
Home design
Beach house style
4 stories
Built in 2017
Parking
Detached garage with garage door opener
1 garage space
2 driveway spaces
Security
Gated community
Community security included in association services
Construction
Shake roof
Shake siding
Utilities
Public water
Electric service
Natural gas available
TV cable
HOA & community
Has homeowners association
Association covers recreational facilities, security, trash and internet
Fees include accounting, master association and internet service
Other
Subdivision: WATERSOUND BEACH
Community amenities include beach access, BBQ pit/grill, community room, exercise room, picnic area, playground, pool, waterfront access, and short-term rentals allowed; pets permitted
Electricity and solar
View estimated energy costs and solar savings for this home
Just 100 yards from the white sandy beach, this showstopping home is brimming with bonus features. A private pool enhances the peaceful rear yard while a lofty west-facing lookout tower on the fourth floor provides panoramic views. It's a special space to watch sunsets over the iconic WaterSound rooftops lining the stunning Emerald coastline. Two full-width front porches provide quiet retreats for reading and relaxing in the shade. Cool white interiors create a light and airy ambiance in the inviting living room, which has deep-cushioned seating around the white brick fireplace. Wood flooring winds through the defined living spaces that include a formal dining area and a wet bar with a refrigerator for serving perfectly chilled drinks. The chef's kitchen wows with veined marble countertops and a host of Thermador appliances, including a double oven and a six-burner gas stove. An island bar with stools provides additional seating for guests when entertaining. Step into the adjoining screened lounge to enjoy some fresh sea air or head onto the pool terrace to catch some rays. It's an excellent spot for a poolside barbecue beneath the swaying palms. A top-of-the-line sound system provides your choice of background music through a new amplifier, and there's a handy outdoor shower for rinsing off. Five bedrooms and five-and-a-half baths allow family and guests to enjoy their own privacy and space. Two plush master suites include one on the first floor with stair-free access. The spa-like ensuite bathroom includes a beautiful walk-in shower, an oval roll-top garden tub and a dual marble vanity. An elegant staircase leads to another exquisite master suite and two king-size guest suites. Youngsters will revel in two sets of twin-over-twin bunks in their own den-like bedroom. They will also appreciate the third-floor game room with its oversized screen for non-stop movies. There's another wet bar for the ultimate movie nights. Outdoors, there's ample space for parking on the paved driveway, which leads to a charming detached garage. This coastal haven comes with all the luxury amenities that WaterSound is known for. Multiple pools, a private fitness center, a dog park, miles of boardwalks and one mile of the beaches stunning gulf waters.
NAMLS #833820
Jun 29, 2020
Sold
$2,975,000
$703/sq ft
Jun 29, 2020
Sold
$2,975,000
$703/sq ft
Jun 15, 2020
Pending
—
May 28, 2020
Price Changed
$2,995,000
$708/sq ft
Mar 19, 2020
Price Changed
$3,099,000
$733/sq ft
Jan 24, 2020
Listed
$3,199,000
$756/sq ft
Oct 21, 2019
Listed
$2,995,000
$708/sq ft
+70
This iconic WaterSound home is poised with 5 bedrooms, 5.5 bathrooms, and luxury accommodations for 14 people. With crisp white interiors and an open floorplan, guests can flow room to room throughout the home's main level. The elegant living room is beautifully furnished with custom designed seating and a white painted brick gas fire place. The exquisite gourmet chef's kitchen is accented with marble countertops, custom cabinetry, a large gas range, and state-of-the-arc stainless-steel appliances. The large dining room offers seating for 8, and additional seating is available at the adjacent breakfast bar. French doors lead onto the screened porch, where you can enjoy your morning coffee and access to the home's private, sparkling pool.
Public Records
Jun 30, 2015
Sold
$810,000
$191/sq ft
Public Records
May 6, 2013
Sold
$536,000
$127/sq ft
Public Records
Jul 18, 2005
Sold
$966,500
$228/sq ft
Public Records
Mar 5, 2004
Sold
$12,021,100
$2,842/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$36,264 (+3.4%)
2024
$35,077 (+7.9%)
2023
$32,499 (+4.7%)
2022
$31,041 (+23.1%)
2021
$25,216 (+5.6%)
$1,084,238 + $1,520,839
$2,605,077
2020
$23,886 (+9.3%)
$901,765 + $1,491,013
$2,392,778
2019
$21,862 (+3.9%)
$875,500 + $1,325,884
$2,201,384
2018
$21,034 (+187.9%)
2017
$7,306
$737,100
Public record
Public record
Zoning
Beds
5
Baths
6
Stories
3.5
Lot width
—
Lot depth
—
Lot size
5,280 Sq. Ft.
Year renovated
2017
Finished Sq. Ft.
4,230
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,230
Year built
2017
Style
Single Family Residential
County
Walton County
APN
203S18160130000470
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Medical office
Educational/school
Library
Museum / gallery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
10/10 Heat Factor
8 days above 105° expected this year, 26 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Inlet Beach, FL • 32461
Average low and high temperatures (°F)
59
43
65
52
71
57
76
63
81
70
86
76
89
79
89
77
85
73
79
64
73
58
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17 Compass Point Way
$4,225,449
$274K under list price of $4.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $3.8M to $6.4M.