Discover an exceptional 4.589 acre waterfront homesite located within the exclusive Preservation neighborhood of River Dunes--an award-winning, master-planned coastal community just minutes from the Village of Oriental, known as the Sailing Capital of the Carolinas. This expansive, wooded property offers a rare combination of privacy, acreage, and coastal lifestyle, making it ideal for a private estate or homestead retreat. Surrounded by natural beauty, the homesite provides up to 7,500 square feet of impervious surface area, allowing flexibility for a custom residence and additional structures, all while maintaining a serene, wooded setting. Enjoy the peace and seclusion of this unique parcel while remaining conveniently connected to the heart of the community. Located within easy biking or golf cart distance to Grace Harbor, residents have access to a 400-slip deep-water marina, yacht club, and waterfront dining. Additional amenities include tennis courts, a spa and wellness center, provision center, café, and more--designed to support a vibrant and active coastal lifestyle. River Dunes spans over 1,300 acres on a scenic peninsula with more than 14 nautical miles of shoreline, offering unmatched access to boating and water recreation. Grace Harbor Marina is centrally located within the community and is well-protected, featuring deep-water access just off the Intracoastal Waterway--ideal for both seasoned boaters and casual enthusiasts. With direct access to the seven-mile-wide Neuse River, the Intracoastal Waterway, and the coastal destinations of the Pamlico Sound, this property places you at the center of one of North Carolina's most desirable boating regions. Whether you're seeking a private estate setting, a coastal retreat, or a long-term investment in a high-demand waterfront community, this rare offering delivers the perfect blend of space, nature, and luxury coastal living.