Last updated October 7, 2026

Mallard Bay — Gilbert, South Carolina.

Mallard Bay is a Lake Murray neighborhood in Gilbert. County property records show about 30 properties, and about 29 of them are lakefront. Homes were built from 1972 to 2022.

Homes have a Gilbert mailing address (ZIP 29054) and sit in unincorporated Lexington County, outside the Town of Gilbert limits. Mallard Bay is separate from Mallard Landing in Chapin.

The Patrick O'Connor Team keeps this guide current and is always happy to answer questions about Mallard Bay.

About Mallard Bay

Mallard Bay is one of the most water-focused smaller neighborhoods on the Gilbert side of Lake Murray.

Size: about 30 properties
Lakefront: about 29 lakefront homes (plus 1 unbuilt lot)
Years built: 1972–2022
Streets: East Drake Road, West Drake Road, and Canvasback Road
Location: unincorporated Lexington County with a Gilbert 29054 address

Keep Mallard Bay separate from Mallard Landing (Chapin), Mallard Shores (condo product), and Mallard Cove Road listings coded to Holiday Acres in Prosperity.

Homes for Sale in Mallard Bay

Homes in Mallard Bay come up for sale throughout the year, and the best ones can move quickly. Call The Patrick O'Connor Team at 803-243-0224 or use the button below for a current list of active and upcoming listings, and we'll set you up with alerts the moment something new hits the market.

Market Data as of October 2026

Here are recent recorded sales in Mallard Bay. Each is a single closed sale, not an average, and every home's value depends on its lot, size, condition, and updates.

155 East Drake Road sold for $1,340,000 (October 15, 2025, built 1992, lakefront)
137 East Drake Road sold for $800,000 (October 25, 2024, built 1984, lakefront)
106 Canvasback Road sold for $690,000 (March 27, 2023, built 1984, lakefront)
152 East Drake Road sold for $453,000 (February 24, 2022, built 1981, lakefront)
146 East Drake Road sold for $359,000 (June 4, 2020, built 2022, lakefront)

Sales and counts are based on Lexington County public property records as of October 7, 2026. See more communities on our Gilbert Lake Murray neighborhoods page. Ask us for active listings and the latest comparable sales.

Types of Homes

Mallard Bay is a single-family lakefront neighborhood. Homes range from 1970s and 1980s lake houses to more recent construction.

Neighborhood Amenities

We haven't found a community clubhouse, pool, or HOA-owned common area in Mallard Bay, but the neighborhood may have recorded restrictions. Ask us for a copy and to confirm whether any dues apply to a specific home.

Shopping, Dining, and Recreation

Mallard Bay homes use a Gilbert mailing address, and the Gilbert and Lexington areas offer everyday shopping, dining, and services, along with all the recreation Lake Murray is known for. Mallard Bay is one of the neighborhoods you can compare from our Gilbert, SC Lake Murray Neighborhoods page.

Contact The Patrick O'Connor Team

Patrick O'Connor
The Patrick O'Connor Team
Coldwell Banker Realty
607 Columbia Avenue
Lexington, SC 29072
803-243-0224
patrick.russell.oconnor@gmail.com

Home Prices

The recent Mallard Bay sales listed under Market Data run from about $359,000 to $1,340,000. We don't publish a single neighborhood average, because price here depends on the specific lot, the home's size and condition, and how recently it was updated, and especially the shoreline and dock.

Thinking about a specific home? Ask us for a current comparative market analysis built from the most similar recent sales.

Quick Facts

Location: Mallard Bay, Gilbert, SC 29054
Jurisdiction: unincorporated Lexington County (outside the Town of Gilbert)
Size: about 30 properties
Lakefront: about 29 homes plus 1 unbuilt lot
Years built: 1972–2022
Listed context: our Gilbert Lake Murray neighborhoods page

School assignments are set by address and can change. Please confirm the schools for any specific home directly with the school district, and we're happy to help you check.

Waterfront Homes

About 29 of Mallard Bay's roughly 30 properties are lakefront homes, with one unbuilt lot. We'll still confirm the shoreline status for any specific address.

When a home comes up, we'll walk you through the survey, the shoreline, and any dock on the property.

Lake Murray Access

Nearly every Mallard Bay home has the lake right out back.

If a private dock matters to you, we'll confirm whether the specific home has one and what permits are on file before you make an offer.

Location and Commute

Mallard Bay has a Gilbert mailing address (ZIP 29054) and sits in unincorporated Lexington County, outside the Town of Gilbert limits.

Commute times vary by route and time of day — we're happy to map yours from any address you have in mind.

Nearby Neighborhoods to Compare

Compare these nearby Lake Murray neighborhood guides:

Browse more guides on our Neighborhoods page.

Buying a Home in Mallard Bay

A few things we help every Mallard Bay buyer check:

If you want lakefront, confirm the specific home is lakefront and ask about any dock and its permits
On older homes, ask about the roof, systems, and seawall or shoreline condition
Ask for a copy of any recorded restrictions
Ask for the HOA or covenant documents and the current dues, if any, before you write an offer
Confirm school assignment for the specific address with the school district
Compare recent sales of truly similar homes rather than a neighborhood average

Call The Patrick O'Connor Team at 803-243-0224 for a current home search and a tour.

Selling a Home in Mallard Bay

Lakefront buyers in Mallard Bay will ask about the shoreline, dock, water depth, and views. We help you gather that information up front.

We price Mallard Bay homes from the most similar recent sales, prepare the documents buyers will ask for, and build a launch plan around what makes your home stand out.

Thinking of selling? Call 803-243-0224 or use the contact button below.

Frequently Asked Questions

Where is Mallard Bay?

Mallard Bay is on the Gilbert side of Lake Murray in unincorporated Lexington County, with a Gilbert mailing address (ZIP 29054). It is outside the Town of Gilbert limits.

Are homes in Mallard Bay lakefront?

Nearly all of them. About 29 of the neighborhood's roughly 30 properties are lakefront homes.

Is Mallard Bay the same as Mallard Landing?

No. Mallard Landing is a separate Chapin neighborhood. Mallard Bay is in Gilbert.

When were homes in Mallard Bay built?

Homes in Mallard Bay were built from 1972 to 2022.

What have homes in Mallard Bay sold for recently?

Recent recorded sales include 155 East Drake Road at $1,340,000 in October 2025 and 137 East Drake Road at $800,000 in October 2024, both lakefront.

Want neighborhood updates from The Patrick O'Connor Team? Use the sitewide subscribe / email alerts on scmidlandsagent.com/email-alerts or the newsletter block on the site.

The Patrick O'Connor Team publishes neighborhood guides and works with home buyers and sellers on Lake Murray and across the Midlands of South Carolina.