Rebecca and Wallace's is an opportunity to own a 22,806 sq. ft. parcel in the heart of historic Ocracoke! This property is not subject to any rental or trailer restrictions! With this square footage, the property has many opportunities to explore! Rebecca and Wallace's is level, cleared and contains beautiful mature trees. The sale conveys with one water meter and (3) 4-bedroom septic permits; however, if the original home (built in the early 1900's) was moved to a new location on the property or removed, there is a possibility for a fourth lot. Build your Ocracoke dream home, refurbish the original home, create a family compound or a combination of all 3! This property is a blank canvas. There is a charming studio apartment with a small living, sleeping & kitchen area with LVP flooring, ceiling fan, P-Tac unit for heat/ac, a half bath, outdoor shower and large open deck. Attached to the studio is a shed for tools, beach equipment and fishing gear!