$4,499,000
Original price: $4,625,000
5 Beds
5.5 Baths
4,230 sqft
17 Compass Point Way, Inlet Beach, FL 32461
Est. Mortgage $26,930/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2017
$1,064/sqft
Garage
Local Information
- Map ViewExplore the area around 17 Compass Point Way.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
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.
Last check for updates: about 7 hours ago
Listing courtesy of Blankenship Watkins Advisory Group, (850) 805-6100
Christies International Real Estate Emerald Coast
Source: ECAOR, MLS#998095
Also Listed on ECAOR.
Home Details for 17 Compass Point Way
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Interior Details Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Area, Foyer, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4230 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Refrigerator, Washer, Electric Water HeaterDishwasherDryerLaundry: Washer/Dryer HookupRefrigeratorWasher |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: GasHas a Fireplace |
Windows, Doors, Floors & Walls Window: Window TreatmentsCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 4 |
View Has a ViewView: Gulf |
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Exterior Home Features Roof: ShakePatio / Porch: ScreenedFencing: PartialExterior: Balcony, Outdoor Shower |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Garage Door Opener,Detached |
Pool Pool: In GroundPool |
Frontage Not on Waterfront |
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Days on Market: 176 |
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Year Built Year Built: 2017 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Beach House |
Building Construction Materials: Shake SidingNot a New ConstructionNot Attached Property |
Property Information Condition: Construction CompleteParcel Number: 203S18160130000470 |
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Price List Price: $4,499,000Price Per Sqft: $1,064 |
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MLS Status: Active |
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Direction & Address City: WatersoundCommunity: WATERSOUND BEACH |
School Information Elementary School: Dune LakesJr High / Middle School: Emerald CoastHigh School: South Walton |
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Listing Agent Listing ID: 998095 |
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Building Area Building Area: 4230 Square Feet |
Community rooms Fitness Center |
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Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Fitness Center, Gated, Picnic Area, Playground, Pool, TV Cable, Waterfront, Short Term Rental - Allowed |
Other Playground |
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HOA Fee Includes: Recreational Faclty, Security, Trash, InternetHas an HOA |
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Lot Area: 5227.2 sqft |
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Partially Furnished |
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Mls Number: 998095Water ViewWater View: Gulf |
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BBQ Pit/GrillBeachCommunity RoomDeed AccessGatedPicnic AreaPlaygroundPoolTV CableWaterfrontShort Term Rental - Allowed |
Around this home
Neighborhood Overview
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.
Market trends in Inlet Beach
Last updated July 2026
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
Home Value
Trulia Estimate
$4.25MSince last month
Decreased$76K (-1.7%)Since last year
Decreased$166K (-3.8%)Since last sale
Decreased$252K (-5.6%)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 +36% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $4.25M |
| August 2026 | $4.21M |
| July 2026 | $4.32M |
| June 2026 | $4.33M |
| May 2026 | $4.38M |
| April 2026 | $4.41M |
| March 2026 | $4.57M |
| February 2026 | $4.49M |
| January 2026 | $4.47M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $4,275,000 | 12/10/25 | 5 | 5.5 | 3,956 | |
0.16 | Single-Family Home | $4,975,000 | 05/05/26 | 5 | 5.5 | 3,989 | |
0.08 | Single-Family Home | $6,100,000 | 06/29/26 | 5 | 6.5 | 4,376 | |
0.21 | Single-Family Home | $4,000,000 | 05/11/26 | 5 | 5.5 | 4,148 | |
0.21 | Single-Family Home | $4,500,000 | 08/18/26 | 6 | 5.5 | 4,445 | |
0.06 | Single-Family Home | $5,395,000 | 05/04/26 | 6 | 6.5 | 5,276 | |
0.03 | Single-Family Home | $3,450,000 | 04/07/26 | 4 | 4 | 2,817 | |
0.17 | 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 |
|---|---|---|---|---|---|---|
0.02 | $4,723,200 | 5 | 6.5 | 3,947 | Off Market | |
0.06 | $4,559,100 | 4 | 5.5 | 3,680 | Off Market | |
0.07 | $3,956,600 | 3 | 3.5 | 2,450 | Off Market | |
0.07 | $4,846,300 | 4 | 6.5 | 3,717 | Off Market | |
0.06 | $3,319,000 | 3 | 3 | 2,034 | For Sale | |
0.08 | $4,241,200 | 4 | 4.5 | 2,842 | Off Market | |
0.03 | $4,742,000 | 4 | 5.5 | 3,680 | Off Market | |
0.04 | $4,811,000 | 5 | 5.5 | 4,727 | Off Market | |
0.03 | $3,450,000 | 4 | 4 | 2,817 | Recently Sold | |
0.08 | $2,225,000 | 3 | 3.5 | 2,280 | Recently Sold | |
0.10 | $2,048,600 | 3 | 3.5 | 2,450 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 17, 2026 Source: ECAOR #998095 | PriceChange | $4,499,000 Price decreased by 3% |
Jul 29, 2026 Source: ECAOR #998095 | PriceChange | $4,625,000 Price decreased by 1% |
Jun 8, 2026 Source: ECAOR #998095 | PriceChange | $4,650,000 Price decreased by 1% |
Apr 14, 2026 Source: ECAOR #998095 | PriceChange | $4,690,000 Price decreased by 2% |
Mar 16, 2026 Source: ECAOR #998095 | Listed For Sale | $4,790,000 |
Sep 5, 2025 Source: ECAOR #976128 | Sold | $4,500,000 |
Aug 11, 2025 Source: ECAOR #976128 | Pending | $4,800,000 |
May 12, 2025 Source: ECAOR #976128 | Listed For Sale | $4,800,000 |
Jun 29, 2020 Source: ECAOR #833820 | Sold | $2,975,000 |
May 28, 2020 Source: Agent Provided | PriceChange | $2,995,000 Price decreased by 3% |
Mar 19, 2020 Source: Agent Provided | PriceChange | $3,099,000 Price decreased by 3% |
Oct 22, 2019 Source: Agent Provided | Listed For Sale | $3,199,000 |
May 6, 2013 Source: N/A | Sold | $536,000 |
Apr 12, 2012 Source: N/A | Sold | $400,000 |
Jul 18, 2005 Source: N/A | Sold | $966,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $36,264 | $4,236,809 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Blankenship Watkins Advisory Group, Christies International Real Estate Emerald Coast
Agent Phone: (850) 805-6100
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Member number: 28189
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Frequently asked questions about 17 Compass Point Way
- What is the estimated monthly payment for 17 Compass Point Way?Based on a $4,499,000 list price with 20% down at today's rates, the estimated monthly payment for 17 Compass Point Way in Inlet Beach, FL is approximately $27,312 (about $23,750 principal & interest, $3,487 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 17 Compass Point Way compare to homes in Inlet Beach?17 Compass Point Way in Inlet Beach, FL is listed at $4,499,000, about 186% above the $1.57M median sale price in Inlet Beach.
- What are the closest schools to 17 Compass Point Way?The closest schools to 17 Compass Point Way in Inlet Beach, FL are Dune Lakes Elementary School (rated 10/10), Emerald Coast Middle School (rated 8/10), South Walton High School (rated 8/10).
- What is 17 Compass Point Way estimated to be worth?Trulia's estimated value for 17 Compass Point Way in Inlet Beach, FL is $4,248,500.
- Does 17 Compass Point Way have air conditioning?Yes, 17 Compass Point Way in Inlet Beach, FL has air conditioning.
- Does 17 Compass Point Way have a pool?Yes, 17 Compass Point Way in Inlet Beach, FL has a pool.
17 Compass Point Way, Inlet Beach, FL 32461 is a 5 bedroom, 6 bathroom, 4,230 sqft single-family home built in 2017. 17 Compass Point Way is located in WaterSound Beach, Inlet Beach. This property is currently available for sale and was listed by ECAOR on Mar 16, 2026. The MLS # for this home is MLS# 998095.