Windfall Island

Windfall Island is the most populated island on the Great Sea in The Legend of Zelda: The Wind Waker. It is a thriving market town, in which the most notable feature is a windmill/ferris wheel/lighthouse. There is also a potion shop, as well as a school, a Bomb shop, Zunari's stall, and an auction house.

Link visits Windfall island at least twice in his adventures, once to purchase a sail and a second time to discover the plans of the pirates regarding Jabun.

Kakariko Remains
The windmill and the nearby location of Dragon Roost Island (which is speculated to be Death Mountain) and Spectacle Isle (thought to be Spectacle Rock) has lead players to conclude that Windfall Island is what remains of Kakariko Village.

Other supporting evidence includes that when entering Kakariko Village in Legend of Zelda: Ocarina of Time there is a tree in front of the entrance. Coincidently, there is also a tree in Windfall Island. Also, Mutoh stands in front of a tree in OoT; Mila's Father, who has a slight resemblence to Mutoh, stands in front of what is believed to be the same tree. Finally, since Impa's home is one of the only buildings in Kakariko Village, it may now be Lenzo's home or Mila's Home if Windfall Island is indeed Kakariko Village.

Graveyard Remains
The Graveyard of Kakariko Village is also possibly on Windfall Island. It has only one remaining grave which is the tombstone that Tott continously dances in front of. It is possible that there used to be more graves, but since the tombstone is located at the tip of a slightly uneven cliff causing, the rest of the Graveyard may actually be underwater due to erosion and weathering of the cliff, causing the rest of the cliff (along with the graveyard) to fall into the ocean below.

Items
Some items that Link obtains there are:
 * Sail
 * Tingle Tuner
 * Picto Box
 * Deluxe Picto Box
 * Empty Bottle
 * Eight Treasure Charts.
 * Fourteen Pieces of Heart