Just a short walk from the beach, this lakefront home in Waves presents an opportunity to create a legacy property designed for generations of family memories. With 4 bedrooms, 3 bathrooms, and a reverse floor plan, this residence offers a comfortable and functional layout that’s ideal for relaxed coastal living. The top level features vaulted ceilings, an open kitchen, and living and dining areas that connect to a screened-in porch—perfect for family gatherings or quiet evenings. Multiple decks, both covered and open, offer a mix of sun and shade throughout the day. A convenient Stair Tamer lift is also in place and in excellent condition. Downstairs, a bonus room adds flexible space that could serve as a game room, office, or additional lounge area. This home is not a high-capacity rental machine, and that’s part of its charm. It is perfect for those seeking a quiet retreat—a place to unplug, reconnect, and build traditions. Direct lake access invites kayaking and paddleboarding, and the community offers a pool and tennis courts for added enjoyment. If you'd prefer your own private pool, there is the potential to add one on the lakeside, but this has not been confirmed by the Seller. Recent updates include a septic system replacement in 2011 and exterior HVAC units replaced in 2021 and 2023. Priced to reflect the opportunity for thoughtful updates, this home is a compelling option for buyers looking to invest in a well-located property with heart, potential, and lasting value on the Outer Banks.