Just south of The Lady Stone, a mast is sticking up from beneath the waters of Lake Ilinalta. After further investigation, an old trading vessel, The Silvermoon, is revealed. It has been sitting on the bottom of the lake for as long as the residents of Riverwood can remember. When the wreck is searched, most things seem to have been taken by the seabed except a chest on the middle deck, and in the Captain's cabin, his skeleton can be found floating by the roof and his weapon on the top floor.
- The relative size of the vessel and the lake may imply the lake was much larger once.