During the spring‐to‐summer transition, the snow cover on Arctic sea ice melts and meltwater pools on the surface to form melt ponds; however, the timing and extent of the ponding vary between years. In Dease Strait (Nunavut), this transition was particularly dramatic in 2014 when on 18 June meltwater had flooded >95% of the surface. In this study, continuous surface energy balance measurements throughout the transition highlight how the timing of transient weather events influenced seasonal shifts in distinct ice melt stages. The keys to the extensive flooding were (1) the level ice cover, (2) a strong low‐pressure system on 24 May that deposited ~10 cm of snow, and (3) freeze‐thaw cycling and a subsequent return to subzero air temperatures on 30 May that led to superimposed and interposed ice formation. Without these, melt ponds would have likely developed within days from an initial melt onset on 28 May. After a 2‐week delay, snow‐melt resumed and lead to near‐complete flooding of the surface for 4 days. The albedo of the flooded ice remained high (0.35–0.40), as a result of the bubble‐laden superimposed ice layer. Once this layer eroded, the albedo over melt ponds decreased to a more typical level (~0.20). Our observations suggest that the formation of superimposed and interposed ice prevented the vertical drainage of meltwater to the ocean. Future challenges remain to measure the presence of these layers and understand their effect on sea ice permeability and pond evolution, while sea ice temperatures are near the melting point.