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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 brand new 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, and the property backs up to a large open green space and pond with easy access, offering room to stroll, play, and unwind. 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.

  • Bedrooms
    5
  • Bathrooms
    5 full · 1 half
  • Year Built
    2017
  • Stories
    4.0
  • Architectural Style
    Beach House
  • Construction Materials
    Shake Siding
  • Garage Spaces
    1.0
  • Parking Features
    Garage Door Opener, Garage, Detached
  • Interior Features
    Kitchen Island
  • Appliances
    Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer, Oven, Wine Refrigerator
  • Furnished
    Partially
  • Exterior Features
    Balcony, Outdoor Shower
  • Patio And Porch
    Porch, Screened
  • Pool Features
    In Ground
  • Cooling
    Central Air, Electric
  • Heating
    Natural Gas, Electric, Central

  • Acres
    0.12
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available
  • Water
    Public

  • Area
    18 - 30A East
  • County
    Walton
  • City
    Watersound
  • Neighborhood
    WATERSOUND BEACH
  • Zip Code
    32461
  • High School
    South Walton
  • Middle School
    Emerald Coast
  • Elementary School
    Dune Lakes

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Frequently Asked Questions

How do I schedule a tour of 17 Compass Point Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 17 Compass Point Way.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 17 Compass Point Way?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $4,499,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Watersound, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 17 Compass Point Way?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 17 Compass Point Way at around $24,394. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 17 Compass Point Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Walton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 17 Compass Point Way?

In most cases, yes. Whether 17 Compass Point Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Watersound's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 17 Compass Point Way?

We can handle that for you. Our preferred local agent specializes in residentials in Watersound and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $4,499,000 with 4,230 sqft of space—that comes out to approximately $1,064 per square foot.

How long has this property been on the market?

17 Compass Point Way was listed on March 16, 2026, which means it's been on the market for 234 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2017, making it approximately 9 years old.

What is the lot size of this property?

17 Compass Point Way sits on a 0.12-acre lot, which is 5,227 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Dune Lakes
  • Middle: Emerald Coast
  • High: South Walton

Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $1,795 paid quarterly.

Is 17 Compass Point Way still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data


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