For Sale
Land for sale at 221 Malabar Dr, Troy, NC 27371 | MLS# 4390950 | Listing updated on 2026-08-19
Photo 1 of Land for sale at 221 Malabar Dr, Troy, NC 27371 | MLS# 4390950 | Listing updated on 2026-08-19
Photo 2 of Land for sale at 221 Malabar Dr, Troy, NC 27371 | MLS# 4390950 | Listing updated on 2026-08-19
Photo 3 of Land for sale at 221 Malabar Dr, Troy, NC 27371 | MLS# 4390950 | Listing updated on 2026-08-19
Photo 4 of Land for sale at 221 Malabar Dr, Troy, NC 27371 | MLS# 4390950 | Listing updated on 2026-08-19
36+
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Street View

$450,000

Monthly Est:$2,240

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.82acre lot

221 Malabar Dr, Troy, NC 27371

$2,240/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $80.42/mo HOA

  • 0.82 acre lot

  • $548,780/acre

Description

A truly exceptional opportunity to own one of Lake Tillery's most captivating waterfront properties. Thoughtfully prepared for your future lakefront residence, this offering includes two lots, a cleared homesite, installed driveway, and a 4-bedroom perc permit.
At the water's edge, a beautifully appointed gazebo creates an extraordinary outdoor living space, complete with a ceiling fan, lighting, rugs, pillows, and comfortable seating—an idyllic setting for morning coffee, sunset cocktails, or simply enjoying the tranquility of the lake. Expansive decking showcases sweeping views of Lake Tillery, the rolling peaks of Morrow Mountain State Park, and the scenic beauty of t
he Uwharrie National Forest.
The private boathouse features a boat lift, storage area, and generous sun deck, offering the perfect place to boat, fish, swim, or unwind while taking in the breathtaking surroundings. Level terrain, mature shade trees, and a charming stone pathway enhance the property's inviting character.
Whether you envision building a custom waterfront retreat or simply enjoying the remarkable amenities already in place, this property offers a rare blend of natural beauty, convenience, and lifestyle. In fact, the setting is so special, you may find yourself perfectly content spending every weekend in the gazebo, savoring the view while planning your dream home at your own pace.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: August 19, 2026 at 6:52 pm
  • Listing Provided by: Lynn Norman (910) 220-2104 | Lake Tillery Properties LLC (910) 439-2030
  • Source: Canopy MLS | MLS#: 4390950 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Montgomery County

  • City

    Troy

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    $80.42/mo

  • Finished Area

    - sqft

  • Lot Size

    0.82 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4390950

  • MLS Status

    Active

  • Days on Market

    130

  • Cumulative Days on Market

    68

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Location

HOA Management

RealManage

HOA Fees

$965/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Septic Needed, Other See Remarks

Utilities & Energy

  • Water Source

    County Water

Other Features

  • Community Features

    Clubhouse, Game Court, Gated, Lake Access, Outdoor Pool, Picnic Area, Playground, Sport Court

  • Subdivision Name

    Carolina Forest

  • Lot Features

    Sloped, Wooded, Views, Waterfront

Price History

DateEventPrice

06/12/2026

Source: #CAR4390950

Listed for Sale

$450,000 +16.28%

$0/sqft

01/30/2026

Source: mls_logoCanopy MLS #CAR4296009

Sold

$387,000 -3.01%

$0/sqft

01/14/2026

Source: mls_logoCanopy MLS #CAR4296009

Contingent (Active Under Contract)

$399,000

$0/sqft

10/21/2025

Source: mls_logoCanopy MLS #CAR4296009

Price Decreased

$399,000 -11.33%

$0/sqft

08/30/2025

Source: mls_logoCanopy MLS #CAR4296009

Price Increased

$450,000 +12.78%

$0/sqft

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Getting Around 221 Malabar Dr

Bike Score®

Bike Score

Somewhat Bikeable

5/100

Walk Score®

Walk Score

Car-Dependent

0/100

Data provided by Redfin

Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 21, 2026, 01:15AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty