6 BEDS, 4 BATHS, 3008 sqft! This home lives far larger than expected, with an additional 1,504 sq ft of beautifully finished, conditioned ground floor flex space that adds exceptional versatility for guests, work, recreation, or multi generational living. Featuring three finished rooms and two full bathrooms, this lower level is a valuable extension of the home and offers endless possibilities. While this space cannot be included in the official heated living area due to ground floor living regulations within the flood zone and permitting guidelines, it is an attractive, functional, and highly usable bonus area that truly sets this property apart. 1017 Mallard Bay Road offers a waterfront lifestyle where comfort, craftsmanship, and coastal living blend seamlessly. Set on a half-acre lot with direct access to the Intracoastal Waterway, the property delivers a premier boating setup with two private floating docks, a 12,000-lb lift, and full power and water connections. Whether heading to Lea Island or exploring the sound, this is true waterfront living. Inside, quality stands out at every turn. The main kitchen features more than $85,000 in custom Markraft cabinetry, $40,000 in granite, premium Wolf and Bosch appliances, and thoughtful finishes ideal for those who love to cook and entertain. The ground floor includes a second full Markraft kitchen with granite counters--perfect for guests or extended stays--and mirrors the main level's finishes with LVP flooring, 12-inch trim, custom closets, Venetian blinds, and its own laundry room. Currently, a vacant lot across the street protects sightlines and privacy, while the partially covered tiled deck--with multiple ceiling fans and an exterior lift--supports year-round enjoyment of the coastal setting. The spacious lot offers room for gardening, hens, or a self-sustaining lifestyle. With low flood insurance, modern HVAC, and well-executed updates throughout, this home blends functionality, comfort, and timeless coastal appeal.