A rare opportunity to own a combined lakeside estate on Falls Lake, offering an exceptional primary building site paired with a large adjoining parcel. These parcels create a unique chance to build a custom home with unmatched seclusion — or pursue a thoughtfully planned lakeside development in one of Wake County's most desirable natural settings. The property sits a few hundred feet from the water's edge, separated only by permanently protected public land, delivering the feel of a true lakefront estate without the risks of future neighboring development. Prior soil evaluations indicate this parcel contains the most favorable area for residential construction within the assemblage, making it an ideal anchor for a custom estate home, private retreat, or thoughtfully planned lakeside development. With protected land on multiple sides, expansive surrounding acreage, and proximity to Falls Lake, this offering delivers unmatched seclusion, natural beauty, and long-term value. Together, the two parcels create a compelling opportunity for an estate buyer or developer seeking scale, control, and proximity to Falls Lake in a highly desirable location. Convenient access to Raleigh, Durham, and RTP. Prior soil and site evaluation materials available for buyer review. Easements make both parcels accessible via Southern tip of Big Pine Rd in addition to Scottie Drive. Highly rated schools. Final site planning and permitting subject to Wake County approvals. - Two contiguous parcels offered together - Prime Falls Lake location with direct proximity to protected land, short hike to the lake - One parcel identified as a viable homesite per 2012 soil evaluation - Second parcel no soil evaluation - ideal for privacy, recreation, conservation, or could be built/developed pending soil analysis - Easement access to both parcels via Big Pine Rd in addition to Scottie Drive - Documents, deed book pdfs, deal room information available upon request - Flexible buyer profiles: custom home, estate property, or developer vision - PIN: 0884132433 would be limited to 30% impervious surface coverage for residential use/development - PIN: 088413751 would be limited to 30% impervious surface coverage for residential use/development. - Convenient access to Raleigh, Durham, and RTP