Welcome to your dream coastal retreat at 47 Compass Point Way, nestled in the serene heart of Watersound Beach, Florida. This exquisite residence promises an unparalleled living experience with its blend of luxury, comfort, and breathtaking views and sunsets. Spread over a generous 4,727 square feet, this pond front home is a masterpiece of design and craftsmanship. From the moment you step inside, you're welcomed by the warmth of hardwood floors that flow seamlessly throughout the expansive interiors. The heart of this home features pecky cypress custom cabinetry that adds a touch of elegance to the gourmet kitchen, perfectly set up for culinary adventures This property boasts 4 well appointed bedrooms, and 5-1/2 bathrooms, ensuring ample space for family and guest alike. Notably, two primary suites offer a private sanctuary with extensive closets and built-in storage spaces. For added convenience, there are two laundry areas catering to each floor. Entertainment and leisure are at the forefront with multiple levels of living spaces. The third floor has a charming bunk/bedroom complete with full bath and wet-bar an ideal haven for younger guests or as a versatile space for hobbies. A slide down to the second level den adds a whimsical touch. Outdoor living is redefined here with a large lagoon style lap pool complete with water feature and plenty of space for lounging. The pool is encased by a concrete privacy wall that makes for perfect sun-soaked days or serene evenings. Screened and covered porches adorned with classic shutters provide the perfect backdrop for alfresco dining or taking in sunsets and gulf breezes.
Additional luxuries include, two fireplaces, reclaimed beams, shiplap walls that add tons of coastal charm. With a three-car garage, parking is never an issue. This property isn't just a home; it's a lifestyle offering tranquility, luxury, and endless sunsets from the tower with 360 views of the Gulf and lake. Discover the meaning of coastal living at 47 Compass Point Way-where every detail has been thoughtfully curated for you to embrace life by the beach in its full splendor.
Watersound Beach community is home to one of the area's most beautiful miles of coastline. Amenities include, community pool, puttering park, community green spaces, state-of-the-art fitness center, and deeded beach access. DON'T MISS OUT ON THIS INCREDIBLE OPPORTUNITY in one of 30A's most coveted beachfront neighborhoods.
** Buyer to verify all dimensions**
Sold for $4,865,000 on 06/02/25
$4,865,000
47 Compass Point Way S, Inlet Beach, FL 32461
5beds
4,727sqft
Single Family Residence
Built in 2016
8,276.4 Square Feet Lot
$4,843,200 Zestimate®
$1,029/sqft
$30,171 Estimated rent
Home value
$4,843,200
$4.41M - $5.33M
$30,171/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 02, 2025 at 10:33am
Listed by:
Cheryl A Chamblee,
EXP Realty LLC
Bought with:
Teresa Turner, 270204
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 960900
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed First Floor
- Level: First
Bedroom
- Level: Second
Primary bathroom
- Features: Double Vanity, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More, Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Double Oven, Refrigerator, Refrigerator W/IceMk, Gas Range, Washer, Wine Refrigerator, Tankless Water Heater
- Laundry: Washer/Dryer Hookup, Laundry Room
Features
- Beamed Ceilings, Crown Molding, High Ceilings, Kitchen Island, Pantry, Wet Bar, Woodwork Painted, Bedroom, Kitchen, Living Room, Master Bedroom
- Windows: Plantation Shutters, Window Treatments
- Has fireplace: Yes
- Fireplace features: Fireplace 2+, Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,727
- Total interior livable area: 4,727 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch, Porch Screened
- Exterior features: Balcony, Barbecue, Sprinkler System
- Has private pool: Yes
- Pool features: Private, Gunite, Heated, In Ground
- Fencing: Privacy
- Has view: Yes
- View description: Gulf, Pond
- Has water view: Yes
- Water view: Gulf,Pond
- Waterfront features: Pond, Beach, Waterfront
- Frontage type: Water
- Frontage length: Water: 110
Lot
- Size: 8,276 sqft
- Dimensions: 117 x 110 x 30 x 110
- Features: Controlled Access, Corner Lot, Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water, Deed Access
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 203S18160130000430
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Shake Siding
- Roof: Roof Dimensional Shg
Condition
- Construction Complete
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected, Underground Utilities
Community & neighborhood
Security
- Security features: Fire Alarm/Sprinkler, Security System
Community
- Community features: Community Room, Fitness Center, Fishing, Gated, Picnic Area, Playground, Pool, TV Cable
Location
- Region: Inlet Beach
- Subdivision: Watersound Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,795 quarterly
- Services included: Accounting, Legal, Management, Security, Trash, Cable TV
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $4,865,000-5.5%$1,029/sqft |
Source:  ECAOR #960900 | ||
| 4/15/2025 | Pending sale | $5,150,000$1,089/sqft |
Source: ECAOR #960900 | ||
| 3/13/2025 | Price change | $5,150,000-5.6%$1,089/sqft |
Source: ECAOR #960900 | ||
| 12/31/2024 | Price change | $5,455,000-2.6%$1,154/sqft |
Source: ECAOR #960900 | ||
| 10/11/2024 | Listed for sale | $5,600,000+14.3%$1,185/sqft |
Source: ECAOR #960900 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $31,873 +5.9% | $3,165,574 +6.7% |
| 2023 | $30,109 -27.5% | $2,965,970 -38.2% |
| 2022 | $41,516 +66.6% | $4,802,766 +83.9% |
Find assessor info on the county website
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.
Sell for more on Zillow
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$4,843,200
2% more+ $96,864
With Zillow Showcase(estimated)
$4,940,064