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. 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.
For sale
Price cut: $40K (6/8)
$4,650,000
17 Compass Point Way, Inlet Beach, FL 32461
5beds
4,230sqft
Single Family Residence
Built in 2017
5,227 Square Feet Lot
$4,348,900 Zestimate®
$1,099/sqft
$-- HOA
What's special
Private poolDetached garageLandscaped rear yardDual full-width covered porchesFourth-floor west-facing lookout towerCrisp white interiorsTwo generous primary suites
- 89 days |
- 590 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Blankenship Watkins Advisory Group 850-805-6100,
Christies International Real Estate Emerald Coast
Source: ECAOR,MLS#: 998095
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 182 Square Feet
- Dimensions: 14 x 13
Primary bedroom
- Level: Second
- Area: 266.83 Square Feet
- Dimensions: 16.25 x 16.42
Bedroom
- Level: Second
- Area: 254.78 Square Feet
- Dimensions: 12.9 x 19.75
Bedroom
- Level: Second
- Area: 246.88 Square Feet
- Dimensions: 12.5 x 19.75
Primary bathroom
- Level: Second
- Area: 154.2 Square Feet
- Dimensions: 10 x 15.42
Dining area
- Level: First
- Area: 146.38 Square Feet
- Dimensions: 14.17 x 10.33
Foyer
- Level: First
- Area: 55.39 Square Feet
- Dimensions: 6.33 x 8.75
Kitchen
- Level: First
- Area: 184.73 Square Feet
- Dimensions: 15.08 x 12.25
Living room
- Level: First
- Area: 347.01 Square Feet
- Dimensions: 17.58 x 19.75
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Kitchen Island, Owner's Closet
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,230
- Total interior livable area: 4,230 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Detached
- Garage spaces: 1
Features
- Stories: 4
- Patio & porch: Screened
- Exterior features: Balcony, Outdoor Shower
- Pool features: In Ground
- Fencing: Partial
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 5,227 Square Feet
- Dimensions: 48 x 110
Details
- Parcel number: 203S18160130000470
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Shake Siding
- Roof: Shake
Condition
- Construction Complete
- New construction: No
- Year built: 2017
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Fitness Center, Gated, Picnic Area, Playground, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
- Subdivision: WATERSOUND BEACH
HOA
- Has HOA: Yes
- Services included: Recreational Faclty, Security, Trash, Internet
Location
- Region: Inlet Beach
Financial & listing details
- Price per square foot: $1,099/sqft
- Tax assessed value: $4,261,354
- Annual tax amount: $35,077
- Date on market: 3/16/2026
Estimated market value
$4,348,900
$4.13M - $4.57M
$8,122/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $4,650,000-0.9%$1,099/sqft |
Source:  ECAOR #998095 Report a problem | ||
| 4/14/2026 | Price change | $4,690,000-2.1%$1,109/sqft |
Source: ECAOR #998095 Report a problem | ||
| 3/16/2026 | Listed for sale | $4,790,000+6.4%$1,132/sqft |
Source: ECAOR #998095 Report a problem | ||
| 9/5/2025 | Sold | $4,500,000-6.3%$1,064/sqft |
Source: ECAOR #976128 Report a problem | ||
| 8/11/2025 | Pending sale | $4,800,000$1,135/sqft |
Source: ECAOR #976128 Report a problem | ||
| 5/12/2025 | Listed for sale | $4,800,000+61.3%$1,135/sqft |
Source: ECAOR #976128 Report a problem | ||
| 6/29/2020 | Sold | $2,975,000-0.7%$703/sqft |
Source: ECAOR #833820 Report a problem | ||
| 5/28/2020 | Price change | $2,995,000-3.4%$708/sqft |
Source: Coastal Luxury #833820 Report a problem | ||
| 3/19/2020 | Price change | $3,099,000-3.1%$733/sqft |
Source: Coastal Luxury #833820 Report a problem | ||
| 10/22/2019 | Listed for sale | $3,199,000+496.8%$756/sqft |
Source: Coastal Luxury #833820 Report a problem | ||
| 5/6/2013 | Sold | $536,000+34%$127/sqft |
Source: Public Record Report a problem | ||
| 4/12/2012 | Sold | $400,000-58.6%$95/sqft |
Source: Public Record Report a problem | ||
| 7/18/2005 | Sold | $966,500$228/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $35,077 +7.9% | $3,467,357 +10% |
| 2023 | $32,499 +4.7% | $3,152,143 +10% |
| 2022 | $31,041 +23.1% | $2,865,585 +10% |
| 2021 | $25,216 +5.6% | $2,605,077 +8.9% |
| 2020 | $23,886 +9.3% | $2,392,778 +8.7% |
| 2019 | $21,862 | $2,201,384 +3.4% |
| 2018 | $21,862 +3.9% | $2,128,818 +188.8% |
| 2017 | $21,034 +187.9% | $737,100 +9.2% |
| 2016 | $7,306 +8.2% | $675,000 +12.5% |
| 2015 | $6,754 +18% | $600,000 +26.3% |
| 2014 | $5,726 | $475,000 +50.2% |
| 2013 | -- | $316,250 +39.6% |
| 2012 | -- | $226,575 -5% |
| 2011 | -- | $238,500 -25.5% |
| 2010 | -- | $320,000 -0.7% |
| 2009 | -- | $322,415 -2.5% |
| 2008 | -- | $330,750 -17.1% |
| 2007 | -- | $399,000 +9.3% |
| 2005 | -- | $365,000 +14107.9% |
| 2004 | -- | $2,569 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: WaterSound Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 4.7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 8.6 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Walton County
- Inlet Beach
- 32461
- WaterSound Beach
- 17 Compass Point Way
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