Peterson Point: Cobb House Peterson Point: Cobb House Petersen Point is located in Santa Rosa County about four miles south of I-10. The home is located on Ward Basin and Blackwater Bay. The home is located on Ward Basin and Blackwater Bay. The driveway is located on the east side of the house. The front of the home faces Petersen Point Road. The home faces Blackwater Bay. The bay is visible on the left of the frame in this view to the north.