Back 47 Compass Point Way
Off Market

47 Compass Point Way

Panama City Beach FL 32413

5
6
3
4727 sq. ft.
8276.4 sq. ft.
Single-Family
Last sold for $4,865,000
Cheryl ChambleeCheryl Chamblee, last sold this property on 02 June 2025 after 233 days on market.

Overview

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**

Features

5 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
4727 sq. ft. floor area
8276.4 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Panama City Beach over the last 12 months, the estimated median property value of 47 Compass Point Way is $2.13m.

Median value
$2.13m
Estimated value range
$404.9k - $9m
Median days on market
81
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 47 Compass Point Way

2025
Sold
$4,865,000
02 Jun 2025 by Cheryl Chamblee, of eXp Realty, LLC (CE - SR10 - Florida)
2015
Sold
$810,000
30 Jun 2015 by Amin Delawalla, of Berkshire Hathaway HomeServices

Happy sellers in Panama City Beach

68%
68% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Panama City Beach over the last 12 months.

Local market activity for 5 bedroom single-family properties in Panama City Beach

In the last 12 months, 86 five-bedroom single-family properties similar to 47 Compass Point Way, have been sold.

This represents a 37% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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