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47 Compass Point Way, Inlet Beach, FL, 32461

$5,600,000

5 Bedrooms
5 Full Baths, 1 Partial
4,727 SqFt
$1,185/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2016
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontPond
FireplaceFireplace, Gas Fireplace
ViewPond, Gulf
Private PoolYes
MLS #960900
Lot Size0.19 Acres
StatusActive

About 47 Compass Point Way

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, youre 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 isnt just a home; its 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 areas most beautiful miles of coastline. Amenities include, community pool, puttering park, community green spaces, state-of-the-art fitness center, and deeded beach access. DONT MISS OUT ON THIS INCREDIBLE OPPORTUNITY in one of 30As most coveted beachfront neighborhoods. ** Buyer to verify all dimensions**

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2016
  • Stories: 3
  • Living Area: 4,727 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Cheryl A Chamblee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Double Oven, Refrigerator, Refrigerator, Ice Maker, Security System, Gas Oven, Washer, Wine Cooler
  • Interior: Beamed Ceilings, Ceiling Crown Molding, Raised Ceiling, Kitchen Island, Pantry, Plantation Shutters, Washer/Dryer Hookups, Wet Bar, Window Treatment(s), Woodwork Painted
  • Fireplace: Fireplace, Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Pond
  • View: Pond, Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Fenced Privacy, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Porch Screened, Sprinkler System

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Covenant/Restriction, Cul-De-Sac, Within 1/2 Mile to Water
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,600,000
  • Price Per SqFt: $1,185/SqFt

HOA Fees:

  • Amount: $1565
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Walton Beaches, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$535

Avg. Days On Market

107

# of Sold Homes

135

47 Compass Point Way vs Walton Beaches

53 DAYS ON ROCKET

-54 Days

$5,600,000

+$4.5M More

$1,185/SqFt

+$650 More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $650/SqFt more than other homes in Walton Beaches, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #960900

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Cheryl A Chamblee

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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 listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$28.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3505942
7
/10
  • Dune Lakes Elementary School

  • 6565 US Highway 98 E

  • 5.42 miles

  • Public District Grades KG-5

school-card-donut-3505943
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 12.16 miles

  • Public District Grades KG-5

school-card-donut-3505944
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 12.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,868. Most Walton Beaches, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 47 Compass Point Way

What is the listing price of this property?

The listing price of 47 Compass Point Way property is $5,600,000.

What type of property is this?

The property 47 Compass Point Way is a house located in Inlet Beach, Florida, 32461.

Is this property for sale now?

Active Listing: 47 Compass Point Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 47 Compass Point Way has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 47 Compass Point Way is 4,727 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 47 Compass Point Way is 2016.
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Rocket HomesFloridaBay CountyWalton Beaches3246147 Compass Point Way

This home is located at 47 Compass Point Way in Inlet Beach, FL and zip code 32461. This 4,727 square foot home, which was built in 2016, sits on a 0.19 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $5,600,000.

In November 2024, from all listings sold in Walton Beaches, FL there were more than 2 sold above asking price, over 117 sold below and more than 16 were sold right at the asked price. Between October 2024 and November 2024, Walton Beaches, FL real estate market has seen increase in the number of listings by 7.4%. In November 2024, listings were on the market for 107 days. During the same period, the median list price in this real estate market was $1,043,657.

From Rocket Homes Real Estate and based on county public records data.

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