116 Compass Point Way, Watersound, FL 32461
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Property image
OFF MARKET

116 Compass Point Way
Watersound, FL 32461

WaterSound Beach
  • 4 Beds
  • 5 Baths
  • 4,578 sqft

$6,761,900

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $39,971/mo*
Refinance Your Home

$6,761,900

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $39,971/mo*
Refinance Your Home
4 Beds
5 Baths
4,578 sqft

Home Value

Trulia Estimate
$6.76M
Since last month
Increased$7K (+0.1%)
Since last year
Increased$413K (+6.5%)
Since last sale
Increased$2M (+46.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +242% in the last 10 years
MonthEstimated value
2026
August 2026$6.78M
July 2026$6.77M
June 2026$6.99M
May 2026$6.68M
April 2026$6.54M
March 2026$6.51M
February 2026$6.5M
January 2026$6.21M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
17 Compass Point Way, Inlet Beach, FL
0.08
Single-Family Home
$4,500,000
09/05/25
5
5.5
4,230
130 Yacht Pond Ln E, Inlet Beach, FL
0.16
Single-Family Home
$4,275,000
12/10/25
5
5.5
3,956
364 Boat Wright Way, Watersound, FL
0.10
Single-Family Home
$3,450,000
04/07/26
4
4
2,817
22 S Founders Ln, Inlet Beach, FL
0.16
Single-Family Home
$4,450,000
09/18/25
5
5.5
5,002
15 Signal Ct, Watersound, FL
0.23
Single-Family Home
$3,825,000
07/02/26
4
5
3,825
132 Grace Point Way, Inlet Beach, FL
0.14
Single-Family Home
$6,100,000
11/10/25
5
5
5,026
27 Compass Rose Way, Inlet Beach, FL
0.12
Single-Family Home
$5,395,000
05/04/26
6
6.5
5,276
Yacht Pond Ln E, Inlet Beach, FL
0.26
Single-Family Home
$4,275,000
12/12/25
5
6
3,914
50 Yacht Pond Ln E, Watersound, FL
0.23
Single-Family Home
$4,975,000
05/05/26
5
5.5
3,989
30 E Yacht Pond Ln, Watersound, FL
0.24
Single-Family Home
$3,800,000
06/03/26
5
5
3,466

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
130 Compass Point Way, Santa Rosa Beach, FL 32459
0.03
$5,711,900
5
5.5
4,316
Off Market
98 Compass Point Way, Santa Rosa Beach, FL 32459
0.01
$4,864,600
4
6.5
3,717
Off Market
126 Compass Point Way, Santa Rosa Beach, FL 32459
0.02
$4,542,700
4
5.5
3,680
Off Market
50 Compass Point Way S, Watersound, FL 32461
0.07
$5,934,200
6
6.5
4,836
Off Market
409 Coopersmith Ln, Santa Rosa Beach, FL 32459
0.06
$4,691,400
5
6.5
3,947
Off Market
Compass Point #II-212, Pt Washington, FL 32459
0.07
$2,030,500
3
3.5
2,450
Off Market
47 Compass Point Way S, Inlet Beach, FL 32461
0.07
$4,826,100
5
5.5
4,727
Off Market
37 S Compass Point Way #423, Watersound, FL 32461
0.07
$3,959,500
3
3.5
2,450
Off Market
17 Compass Point Way, Inlet Beach, FL 32461
0.08
$4,499,000
5
5.5
4,230
For Sale
37 Compass Point Way S #425, Inlet Beach, FL 32461
0.08
$4,197,000
4
4.5
2,842
Off Market
37 Compass Point Way S #108, Inlet Beach, FL 32461
0.09
$2,225,000
3
3.5
2,280
Recently Sold
281 Salt Box Ln, Watersound, FL 32461
0.10
$2,045,000
3
3
1,604
Off Market

Local Information

  • Map ViewExplore the area around 116 Compass Point Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2016
Living Area
4,578 sqft
Price/Sqft
$1,477
Parking
Garage

About this House

This single-family home is located at 116 Compass Point Way, Watersound, FL. 116 Compass Point Way is in the WaterSound Beach neighborhood in Watersound, FL and in ZIP code 32461. This property has 4 bedrooms, 6 bathrooms and approximately 4,578 sqft of floor space. This property has a lot size of 5880 sqft and was built in 2016.
116 Compass Point Way, Watersound, FL 32461 is a 4 bedroom, 6 bathroom, 4,578 sqft single-family home in WaterSound Beach, built in 2016. It last sold for $4,625,000 on Feb 1, 2019. It is currently off market. The Trulia Estimate is $6,761,900, with a rent estimate of $8,662/month.

Home Details for 116 Compass Point Way

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 4ElevatorFloors: Hardwood
Interior Details
Wet Bar
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
FireplaceJetted Bath Tub

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: WoodPatioPorch
Pool
Pool
Parking & Garage
GarageParking: Carport, Garage Attached

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5880 sqft

Building

Fitness & Sports
Tennis Court

Price and Tax history

DateEventPrice
Feb 1, 2019
Source: ECAOR #802678
Sold
$4,625,000
Jan 9, 2019
Source: Agent Provided
Pending
$4,900,000
Jul 12, 2018
Source: Agent Provided
Listed For Sale
$4,900,000
Aug 15, 2014
Source: N/A
Sold
$485,000

Market trends in Inlet Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.57M
$95KMoM
Sale-to-List Price
95.7%
0.1%MoM
Price per sq ft
$597
$7MoM
Available listings
454
1MoM

Around this home

Neighborhood Overview

WaterSound Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about WaterSound Beach

At least 2 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say there are sidewalks

  • 67 % Say it's quiet

  • 50 % Say kids play outside

  • 50 % Say yards are well-kept

  • 50 % Say there are community events

  • 50 % Say people would walk alone at night

  • 33 % Say it's dog friendly

  • 25 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 116 Compass Point Way

  • What is 116 Compass Point Way estimated to be worth?
    Trulia's estimated value for 116 Compass Point Way in Watersound, FL is $6,761,900.
  • What is the price history for 116 Compass Point Way?
    116 Compass Point Way in Watersound, FL last sold for $4,625,000 in February 2019.
  • Is Watersound a buyer's or seller's market?
    Watersound is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Watersound?
    The median sale price in Watersound is $1.57M. That is up $95K from the prior month.
  • Does 116 Compass Point Way have air conditioning?
    Yes, 116 Compass Point Way in Watersound, FL has air conditioning.
  • Does 116 Compass Point Way have a pool?
    Yes, 116 Compass Point Way in Watersound, FL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

24 rentals with air conditioning in Watersound, FL

Explore by feature - Pool

49 rentals with a pool in Watersound, FL

Explore by feature - Washer/dryer

57 rentals with a washer/dryer in Watersound, FL

Explore by feature - Outdoor Space

12 rentals with an outdoor space in Watersound, FL

Apartments for Rent

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Off Market Homes Near 116 Compass Point Way

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