A rare opportunity to create a private waterfront estate in Freeport, featuring an incredible 282 feet of frontage along Mallet Bayou and 2.43 acres spanning three lots. The home sits on two parcels, with a third vacant lot offering the flexibility to build, sell, or preserve for ultimate privacy. This estate is a true blank slate ready for transformation, with sheetrock in place, new windows and doors installed, and a freshly painted exterior already completed. Envision resort-style living with a pool, hot tub, sauna, multiple refinished fireplaces, and a spacious 4-car garage. With major improvements already underway, this is your chance to design a one-of-a-kind waterfront retreat and bring your dream vision to life.