17 Compass Point Way, Inlet Beach, FL 32461
Property image
Property image
FOR SALE

$4,499,000

Original price: $4,625,000
  • 5 Beds
  • 5.5 Baths
  • 4,230 sqft

17 Compass Point Way, Inlet Beach, FL 32461

WaterSound Beach
Est. Mortgage $26,930/mo*
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Home 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
Commute Destination

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.
Last check for updates: about 18 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

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 176

Property Information

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

Price & Status

Price
List Price: $4,499,000Price Per Sqft: $1,064

Active Status

MLS Status: Active

Location

Direction & Address
City: WatersoundCommunity: WATERSOUND BEACH
School Information
Elementary School: Dune LakesJr High / Middle School: Emerald CoastHigh School: South Walton

Agent Information

Listing Agent
Listing ID: 998095

Building

Building Area
Building Area: 4230 Square Feet
Community rooms
Fitness Center

Community

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

HOA

HOA Fee Includes: Recreational Faclty, Security, Trash, InternetHas an HOA

Lot Information

Lot Area: 5227.2 sqft

Rental Terms, Policies & Fees

Partially Furnished

Miscellaneous

Mls Number: 998095Water ViewWater View: Gulf

Additional Information

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

Home Value

Trulia Estimate
$4.25M
Since 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
MonthEstimated 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

DateEventPrice
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

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 $27,300 (about $23,738 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.