Answer:
Has feathers but can't fly. Rests on legs but can't walk.
A precious stone, as clear as diamond. Seek it out whilst the sun's near the horizon. Though you can walk on water with its power, Try to keep it, and it'll vanish within an hour.
Though blind as well, can lead the blind well.
It is an arctic double breasted formal wear.
I have an eye but cannot see, You'll head inside when you see me.
Iām grown from darkness but shine with a pale light. Very round I am and always a lady's delight.