
Residential Land for Sale in Troy, North Carolina
221 Malabar Dr, Troy, NC 27371
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
- County
- Montgomery County
- Community
- Carolina Forest
- Elevation
- 335 feet
Property details
- Lot size
- 0.82 acres35,719 sq ft
- MLS #
- CMLS 4296009
- Posted
Parcels
- 6588-07-69-6899
Legal description
LOT 232 & 238 CAROLINA FOREST
Details and features
Listing
- Type
- Land
Lot
- View
- Water
- Features
- Sloped, Views, Waterfront, Wooded
Structure
- Sewer
- Septic Needed
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2025 | Price drop | $399,000 | $51,000 -11.3% | CMLS |
| Aug 30, 2025 | New listing | $450,000 | — | CMLS |












































