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. 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**
- FL
- Inlet Beach
- 32461
- 47 Compass Point Way
- MLS# 960900
- Date Listed04/14/2025
- Bedrooms 5
- Bathrooms 5 Full baths, 1 Half baths
- Lot Size 0.19 acres (8,276 sq. ft)
- Sewer Public Sewer
- Subdivision WATERSOUND BEACH
- Property Type Single Family
- County Walton
- Year Built 2016
- Water Public
- Square Feet 4,727 sq. ft
- Price Per Sq. Ft $1089.49
Interior Features
- Appliances Dishwasher, Double Oven, Dryer, Freezer, Refrigerator, Gas Cooktop, Ice Maker, Microwave, Washer, Disposal
- Cooling Ceiling Fan(s), Central Air
- Heating Electric, Central
Exterior / Lot Features
- Exterior Balcony
- Roof -
- Lot Size Acres 0.19
- Lot Size SQFT 8,276.40
- Lot Features Corner Lot, Cul- De- Sac
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.
Financial Considerations
- HOA Fee $1,795 Quarterly
Nearby Schools
Source: School Digger
Public • PK - PK • Serves this home
8.17 mi
Distance
Public • 6 - 8 • Serves this home
6.87 mi
Distance
South Walton
Unknown • 9 - 12 • Serves this home
- mi
Distance
Public • PK - PK • Serves this home
8.17 mi
Distance
Public • 5 - 8
6.36 mi
Distance
Public • 6 - 8 • Serves this home
6.87 mi
Distance
Private • 02 - 12
5.59 mi
Distance
Sales & Tax History
Source: Public Records
| Year | Total Assessments |
|---|---|
| 2023 | $4,809,942 |
| 2022 | $4,802,766 |
| 2021 | $3,002,726 |
| 2020 | $2,576,089 |
| 2019 | $2,518,171 |
| 2018 | $2,471,218 |
| 2017 | $2,322,712 |
| Date | Event | Price |
|---|---|---|
| 10/11/2024 | Active | $5,600,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 515 Seacrest Drive | Listing | 5 | 6 | Feb 06, 2026 | $885,000 | Jan 24, 2024 | $1,871,704 |
| 148 Coopersmith Lane | Listing | 5 | 5 | Feb 06, 2026 | $3,250,000 | Jan 24, 2024 | $5,010,844 |
| 218 S Gulf Drive | Listing | 2 | 2 | Jan 22, 2026 | $675,000 | Dec 26, 2023 | $3,545,000 |
| 172 Chivas Lane | 9 | 9 | Feb 05, 2026 | $5,880,000 | Feb 15, 2026 | - |
| 528 Eastern Lake Road | Listing | 5 | 5 | Feb 06, 2026 | $2,900,000 | Jan 24, 2024 | $3,951,288 |
| 629 Patina Boulevard | Listing | 4 | 5 | Feb 05, 2026 | $1,285,000 | Jan 24, 2024 | $1,600,097 |
| 67 Salt Box Lane | 5 | 6 | Feb 06, 2026 | $2,595,000 | Feb 15, 2026 | - |
| 165 Sugar Sand Lane | Listing | 3 | 2 | Feb 06, 2026 | $750,000 | Mar 21, 2024 | $1,442,154 |
| 4240 E Co Highway 30-A | Listing | 6 | 5 | Feb 06, 2026 | $2,595,000 | Dec 28, 2020 | $1,669,000 |
| 124 Tumblehome Way | Listing | 5 | 6 | Dec 31, 2025 | $2,975,000 | Mar 21, 2024 | $3,059,752 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | N/A | 6,167 | 161,923 | 335,858,263 |
| Population Density | N/A | 625 | 214 | 95 |
| People per Household | N/A | 2.2 | 2.4 | 2.6 |
| Median Age | N/A | 43.5 | 41.7 | 39.1 |
| Median Income | N/A | $66,249 | $56,610 | $66,222 |
| Average Income | N/A | $35,961 | $30,363 | $35,475 |
| Cost of Living Index | 96 | 96 | 87 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | N/A°F | 38.7°F | 38.7°F | 22.6°F |
| July Avg. High Temp | N/A°F | 89°F | 89°F | 86.2°F |
| Annual Precipitation | N/A" | 64.76" | 64.76" | 38" |
9/100
Car-Dependent
Walk Score ®
38/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 32/100.
Property Change History
Points of Interest near 47 Compass Point Way, Inlet Beach, FL 32461
Brunos Pizza, Walton County, FL, USA
Food • Retail • Nightlife
898 ft
Distance
The Hub, Walton County, FL, USA
Food • Retail
0.31 mi
Distance
unknown, Walton County, FL, USA
Food • Retail
0.41 mi
Distance
1.58 mi
Distance
1.82 mi
Distance
2.4 mi
Distance
Brunos Pizza, Walton County, FL, USA
Food • Retail • Nightlife
898 ft
Distance
The Hub, Walton County, FL, USA
Food • Retail
0.31 mi
Distance
0.35 mi
Distance
unknown, Walton County, FL, USA
Food • Retail
0.41 mi
Distance
1.58 mi
Distance
1.82 mi
Distance
2.4 mi
Distance
Seacrest Beach, Walton County, FL, USA
Natural • Recreation
0.32 mi
Distance
Deer Lake, Walton County, FL, USA
Natural • Recreation
0.66 mi
Distance
Eastern Lake, Walton County, FL, USA
Natural • Recreation
1.63 mi
Distance
528 ft
Distance
792 ft
Distance
Campground 2, Walton County, FL, USA
Accommodation
1.71 mi
Distance
Campground 1, Walton County, FL, USA
Accommodation
2.08 mi
Distance
Brunos Pizza, Walton County, FL, USA
Food • Retail • Nightlife
898 ft
Distance
1.58 mi
Distance
1.82 mi
Distance
2.4 mi
Distance
Seacrest Beach, Walton County, FL, USA
Natural • Recreation
0.32 mi
Distance
Deer Lake State Park, Walton County, FL, USA
Recreation
0.55 mi
Distance
Deer Lake, Walton County, FL, USA
Natural • Recreation
0.66 mi
Distance
Eastern Lake, Walton County, FL, USA
Natural • Recreation
1.63 mi
Distance
0.38 mi
Distance
0.45 mi
Distance
0.5 mi
Distance
1.45 mi
Distance
2.16 mi
Distance
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Frequently Asked Questions for 47 Compass Point Way
Source: Realty.com
47 Compass Point Way, Inlet Beach, FL 32461 is a Single Family 4,727 sq. ft. home listed for sale. Realty.com has 50 photos available of this 5 bed, 6 bath house, listed at $5,150,000. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 50 photos of 47 Compass Point Way.
Our records indicate that 47 Compass Point Way was built in 2016.
The full address for this home is 47 Compass Point Way, Inlet Beach, FL 32461.
47 Compass Point Way has been listed on Realty.com since Mon April 14, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 32/100.
There are 3 schools assigned to this home. Check out the schools near 47 Compass Point Way. Bay School (Grades: PK - PK), Emerald Coast Middle School (Grades: 6 - 8), South Walton (Grades: 9 - 12)
Listing provided courtesy of:
Exp Realty Llc
(tel: 850-213-4091)
Listing agent:
Cheryl Chamblee
(tel: 205-478-9778)
(#E5195)
This content last refreshed on 2026-02-15 22:36:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 47 Compass Point Way, Inlet Beach, FL 32461 : MLS# 960900