Soundfront Home + Adjacent Buildable Lot | Rare Dual-Parcel Offering Located in the heart of Waves on Hatteras Island, this exceptional soundfront offering presents a rare opportunity to own a beautifully updated coastal home along with the adjacent buildable lot, an uncommon chance to control two side-by-side parcels in one of the world’s premier kitesurfing and windsurfing destinations. Offered together for $1.5 million, this dual-property opportunity delivers privacy, protected views, development flexibility, and long-term investment strength in a market where soundfront inventory is limited. The Home 20 Knots is a three-story, five-bedroom, three-and-a-half-bath home with private, direct access to the Pamlico Sound and features a spacious, dedicated kite and watersports rigging area. Ideally situated less than a quarter mile from Real Watersports, restaurants, and shopping, the property is also just a five-minute walk to the beaches of Hatteras Island and approximately fifteen minutes from the renowned fishing fleet at Oregon Inlet Marina. The first level includes two spacious bedrooms—a king and a queen—along with a full bath and a large game room equipped with a television, stereo system, and full-size refrigerator. The game room opens directly to the deck and pool area. The second level features three additional bedrooms, including a king primary bedroom with en suite bath, private deck access, and sweeping sunset views over the sound. A second king bedroom shares those views and connects via a Jack-and-Jill bath to a bunk room with a trundle. An east-facing deck on this level captures beautiful sunrise views. The third-floor great room offers expansive views of the Pamlico Sound. Designed for gathering and relaxation, this space features a 75-inch television, a surround sound system, and a well-appointed kitchen with stainless steel appliances and a glass backsplash. Western-facing windows reveal spectacular sunset views over the water, while a cozy library nook captures sunrises to the east. A half bath completes this level. Ample storage beneath the deck and a large shed accommodate sails, boards, bikes, and beach gear for serious watersports enthusiasts. The home has been meticulously maintained by the current owners, who use it as a second home during the winter months. The home stays consistently rented throughout the tourist season with many repeat visitors. Capital Improvements to the home include the following. 2025 – New Fortified Roof 2024 – All new Windows, New Pool Liner, Concrete surround repairs, New 75” Sony TV, New Modern Flames Fireplace 2023 – Tesla EV Charger added, New Basset Sofas in Great Room, New Washer & Dryer 2022 – All new Built-to-Last Deck furniture, including four loungers, four dolphin chairs, and three tables, New Trex Decking on 2nd and 3rd Floors, New LVP and Carpet flooring throughout. 2021 – 3 new bathroom vanities 2019 – 2 New HVAC Systems, New Surround Sound 2018 – 2024 – Fresh Paint throughout The Soundfront Lot Included in the offering is the adjacent soundfront lot, complete with engineered plans for a five-bedroom coastal residence. Whether building a second home, developing a high-performing rental property, or preserving privacy and view corridors, controlling the neighboring parcel represents a rare opportunity on Hatteras Island. This unique opportunity represents more than just a beautiful home; it is a soundfront compound opportunity in one of the Outer Banks’ most iconic waterfront communities, combining lifestyle and future development potential in a single compelling offering.