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47 Compass Point Way

Inlet Beach, FL 32461

5 beds
6 baths
4,727 sqft
8,276 sqft lot
$1,154 per sqft
2016 build
– on site

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. The exclusive gated 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**

Listing courtesy of ECARMLS / EXP Realty LLC

Last checked: Checking… • Last updated Jan 1, 2025 •

MLS# 960900 —

The Building

Year Built:

2016
Architectural Style:

Beach House
Construction Materials:

Roof Dimensional Shg, Shake Siding
Direction Faces:

None
Basement:

None
Foundation Details:

None
Exterior Features:

Balcony, BBQ Pit/Grill, Fenced Privacy, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Porch Screened, Sprinkler System
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Stories:

3
Levels:

None
Building Area Total:

4727.0
Building Area Source:

County PA Records

Interior

Rooms Total:

7
Interior Features:

Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace 2+, Fireplace Gas, Furnished - Some, Kitchen Island, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Financial & Terms

Buyer Financing:

Conventional

Location

Directions:

Enter through main gate at Watersound Beach. Go approximately .2 miles turn left o Boat Right Lane, go 300 feet turn left on Compass Point Way S go 250 feet destination is on your left.

The Property

Parcel Number:

20-3S-18-16013-000-0430
Property Type:

Residential
Property Subtype:

Detached Single Family
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Acres:

0.19
Lot Features:

Corner, Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
Lot Size Area:

0.19
Lot Size Dimensions:

117x110x30x110
Lot Size SqFt:

8276.4
Lot Size Units:

Acres
Zoning:

Resid Single Family
Possible Use:

None
Topography:

None
View:

Pond, Gulf
Waterfront:

true
Waterfront Features:

Pond
Water Body Name:

None
Road Frontage Type:

Private Road
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

30109.09
Tax Legal Description:

LOT 43 WATERSOUND BEACH PH 4 PB 15 PG 84 OR 2800-4976

Beds

Bedrooms Total:

5

Baths

Total Baths:

5.5
Total Baths:

6
Full Baths:

5
Half Baths:

1
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Ceiling Fan(s), Central Air
Cooling:

true

Utilities

Utilities:

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
Electric:

None
Sewer:

None

Appliances

Appliances:

Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer, Wine Refrigerator
Dryer:

true
Washer:

true
Disposal:

true
Microwave:

true
Dishwasher:

true

Schools

Elementary School:

Dune Lakes
Elementary School District:

None
Middle Or Junior School:

Emerald Coast
Middle Or Junior School District:

None
High School:

South Walton

The Community

Subdivision Name:

WATERSOUND BEACH
Senior Community:

No
Community Features:

Beach, Community Room, Deed Access, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, TV Cable, Waterfront
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

Accounting, Legal, Management, Security, Cable TV, Trash
Association Fee Frequency:

Quarterly
Association Fee 2:

1565.0

Parking

Garage Spaces:

3.0
Attached Garage:

true
Carport:

false

Monthly cost estimate

Asking price

$5,455,000

Expense	Monthly cost
Mortgage	$29,209
Taxes	$2,509
Insurance	$1,500
Utilities	$210 See report
Total	$33,428/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
12/31/24 Dec 31, 2024	Price Changed	ECARMLS	$5,455,000	-2.6%
10/11/24 Oct 11, 2024	Listed / Active	ECARMLS	$5,600,000

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This house located in FL 32461 is currently for sale for $5,455,000. 47 Compass Point Way is a 4,727 square foot house with 5 beds and 6 baths that has been on Estately for 96 days.

Listing Courtesy of: ECARMLS and EXP Realty LLC.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.