Rebecca and Wallace''s is an opportunity to own an oversize parcel in the heart of historic old Ocracoke! 22,806 square feet of yesteryear! Lovely grassed yard with mature pine, live oaks and cedar trees as well as figs! Just relaxing in the yard brings back memories of fishing tales and carvers'' dreams. Old buoy''s and hand- made shell wind chimes hang from live oaks, a reflection of slower and simpler times. The original home with a white picket fence was built in the early 1900''s, faces Lighthouse Road, and is a "blank canvas". The home flooded in Dorian; however, just as other older homes on Ocracoke, it was built to dry out easier after floods. Having no insulation, the water flowed in and out without barriers. The home has been taken to the studs waiting for that special craftsman/carpenter to bring it back to its original splendor. It will take a lot of work, but for the right person it will be a labor of love. In addition to the original home there is a charming vintage studio apartment with a small living, sleeping & kitchen area with luxury plank vinyl flooring, ceiling fan, P-TAC unit, a half bath, outdoor shower and large open deck. Attached to the studio is a shed for tools, beach and fishing equipment. There is enough property in the back of the studio for an additional home. So many opportunities! Property conveys with one water meter and (3) 4 bedroom septic permits. The listing price reflects the property in its current condition and potential; however, if the original buildings were removed there may be the opportunity for an additional building site. Property is being offered in its current state.