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116 MALLARD DRIVE
About This Property
Welcome to your private retreat on beautiful Kent Island, where nature, comfort, and timeless design come together effortlessly. From the moment you arrive, you'll be captivated by serene views of Mallard Pond, best enjoyed from the expansive front porch or the charming screened-in side porch-perfect for morning coffee or peaceful evenings. Nestled on 1.1 acres, this thoughtfully designed home offers nearly 2,000 square feet of inviting living space, along with a spacious two-car garage. Built in 2000, the home seamlessly blends with its natural surroundings while providing modern comfort and easy living.
Inside, an open-concept floor plan creates a warm and welcoming atmosphere-ideal for both everyday living and entertaining. The kitchen is beautifully appointed with granite countertops and updated appliances, flowing effortlessly into the main living areas. The primary suite is a true retreat, featuring a walk-in closet and a luxurious en-suite bath complete with a soaking tub. Two additional generously sized bedrooms boast vaulted ceilings and share a well-appointed hall bath. Looking for room to grow? The unfinished second floor offers incredible potential, already roughed-in for three additional bedrooms and a full bath-perfect for expanding your living space or creating a custom getaway. Designed with ease in mind, the home features a low-maintenance exterior and a newer furnace (just 5 years old), offering both peace of mind and convenience. Step outside and experience your own Eastern Shore oasis-watch ducks glide across the pond, deer wander through the landscape, and enjoy the tranquility of protected natural surroundings. The community-owned Mallard Pond and preserved woodlands ensure your views remain peaceful and unspoiled. Ideally located, this home is just a short walk to a public golf course, the Kent Island Trail, waterfront parks, piers, and moments from the Chesapeake Bay. This is more than a home, it's a lifestyle. Schedule your private tour today and experience the beauty and serenity for yourself.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$669,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Chesapeake Real Estate Associates, LLC | $679,900 | |
| Listed by Chesapeake Real Estate Associates, LLC | |||
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Welcome to your private Eastern Shore oasis at 116 Mallard Drive, Stevensville, MD 21666! This beautifully maintained and recently updated Cape Cod home sits on a rare 1.1-acre lot in a quiet, private neighborhood on Kent Island — one of the hardest-to-find lot sizes in this desirable area. Enjoy serene, protected views of Mallard Pond, where you can watch ducks glide across the water, sip morning coffee on the screened porch, and truly experience peaceful Kent Island living at its finest.
Boasting 1,976 square feet of above-grade living space (built in 2000), this 3-bedroom, 2-bath home features thoughtful updates throughout. Enjoy new LVP flooring and carpet, a bright open-concept main level perfect for everyday living and entertaining, and a stunning kitchen with granite countertops and all new appliances. The spacious primary suite includes a luxurious soaking tub and walk-in closet, while two additional bedrooms and a full bath complete the main level. A 2-car garage and newer furnace add convenience and peace of mind.
The standout feature is the large unfinished attic with electrical wiring and HVAC already extended — substantial, flexible space ready for your vision. Easily finish into additional bedrooms, a home office, playroom, or family suite.
Outside, the expansive 1.1-acre lot delivers exceptional privacy and natural beauty, bordered by community-owned preserved woodlands and Mallard Pond that ensure your views remain undisturbed for years to come. Enjoy the screened porch overlooking the pond, low-maintenance exterior, low HOA fees of only $17 per month, and the incredible location on Kent Island — walk or bike to the public golf course, Kent Island Trail, waterfront parks, piers, and just minutes from Chesapeake Bay adventures, shopping, and dining.
This updated home combines solid construction, modern finishes, low monthly costs, and a truly rare 1.1-acre private setting. Whether you’re looking for a peaceful full-time residence or a lifestyle property with room to grow, 116 Mallard Drive is a standout opportunity on Kent Island. Don’t miss it!
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| May 21, 2026 | Price Decreased |
$665,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017