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Residential Land for Sale in Troy, North Carolina

221 Malabar Dr, Troy, NC 27371

$399,000
0.82 acres
Active
$51k drop
Est $2,966/mo

A rare opportunity on Lake Tillery! This exceptional waterfront lot comes ready for your dream home with a cleared homesite, installed driveway, and a 4-bedroom perc permit. The property includes two lots and a stunning gazebo that is fully appointed with ceiling fan, lamps, rugs, pillows, and seating all perched above the water for year-round relaxation. Step onto the decking and take in breathtaking views of Lake Tillery, Morrow Mountain State Park, and the Uwharrie National Forest. The boathouse is complete with a boat lift, storage, and expansive open decking, perfect for fishing, swimming, or simply soaking in the mountain and lake scenery. Level grounds with a stone path and shade trees make this retreat even more inviting. This is an unbeatable opportunity to create your lakefront sanctuary... yet the gazebo is so perfect, you may never want to build!

Location

Street address
221 Malabar Dr
Community
Carolina Forest
Elevation
335 feet
Coordinates
35.3665, -80.0508

Property details

Lot size
0.82 acres35,719 sq ft
MLS #
CMLS 4296009
Posted

Parcels

  • 6588-07-69-6899

Legal description

Details and features

Listing

Type
Land

Lot

View
Water
Features
Sloped, Views, Waterfront, Wooded

Structure

Sewer
Septic Needed

Listing history

DateEventPriceChangeSource
Oct 21, 2025Price drop$399,000$51,000 -11.3%CMLS
Aug 30, 2025New listing$450,000CMLS
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This 0.82-acre property is located at 221 Malabar Dr in Troy, NC 27371. The property is available for sale for $399,000.

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