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Land for Sale in Troy, North Carolina

Montgomery County, Troy, NC 27371

$213,600
24 acres
Pending sale
Under contract

Located just outside of the Capelsie community in the heart of Montgomery County, NC, this 24-acre property presents a unique opportunity for buyers seeking land with development potential, timber value, and rural privacy. With approximately 1,100 feet of frontage along Capelsie Road and an additional 840 feet of frontage on Maple Leaf Lane—a shared gravel driveway where the centerline serves as the property line—access to the tract is both convenient and versatile.

The majority of the property is planted in loblolly pines estimated to be around 15 years of age. These pines have been growing well and represent a solid future timber asset for those interested in forestry investment or simply maintaining a wooded homesite. The tract is currently enrolled in the Present Use Value (PUV) program with Montgomery County for forestry, which offers reduced property taxes for qualifying landowners. Should a buyer choose to convert the use of the property or remove it from the PUV program, any rollback taxes or penalties resulting from disqualification would be the responsibility of the buyer at closing.

Two older mobile homes are located on the property, but neither are habitable and are being sold as-is. They may offer value for materials, storage, or could be removed to clear the way for new construction. Electric service is located nearby and is available for hookup. While no septic system is currently in place, the property shows strong potential for septic suitability, pending the results of a perc test.

Whether you're looking to build a private residence, place multiple homes, or simply hold a timber tract with future value, this property offers multiple paths forward. With its accessible location, extensive road frontage, and manageable size, it's a rare opportunity to invest in a piece of Montgomery County’s rural landscape.

Location

Elevation
453 feet
Coordinates
35.3162, -79.8624

Property details

Acreage
24 acres
Posted

Parcels

  • 7547 00 21 3211

Resources

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
May 15, 2026Under contract$213,600Listing agent
May 13, 2026Listing removed$213,600Listing agent
Oct 20, 2025Price drop$213,600$36,400 -14.6%Listing agent
June 2, 2025New listing$250,000Listing agent
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This 24-acre property is located in Troy, NC 27371. The property is pending sale.

Listed by AFM Real Estate, (704) 527-6780

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