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Active

221 Malabar Drive

Troy, NC 27371

Active Listed 101 Days Listing ID CAR 304217499

$450,000
Est. $2,936/mo20% down · 7.125% · 30-yrAdjust
  • P&I$2,425
  • Taxes$281
  • Insurance$150
  • HOA$80

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$548,780/acre

.82 acres · $548,780/acre

.82 Acres
Res Zoning
Residential Lot
Listed Jun 12, 2026 Updated Aug 19, 2026

Land Essentials

PowerUnknownWaterCounty WaterSewerSepticTopographySloped, Wooded, Views, Waterfront

HOA & Association

Dues$965/yrMonthly≈ $80/mo

Location

Address
221 Malabar Drive
City
Troy, NC 27371
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About This Lot

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 the 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.

Property history

  1. Jun 12, 2026
    Listed for sale $450,000 Active
    Listed 101 Days
  2. Jan 30, 2026
    Sold $387,000 Closed
    Listed $399,000 · Aug 29, 2025 154 days on market
    Previously sold for $387,000
  3. Jan 14, 2026
    Went pending $399,000 Pending
    Active -> Pending
Show 2 more Show less
  1. Oct 21, 2025
    Price reduced $399,000 Closed
    Was $450,000
  2. Aug 29, 2025
    Previously listed $399,000 Closed

Property Details

Lot And Land

Lot Features
  • Sloped
  • Wooded
  • Views
  • Waterfront
Lot Size Acres
0.82
Lot Size Units
Acres
Other Structures
  • Gazebo
Lot Size Dimensions
Approx. 85 ft of Waterfront
Minimum Build Sq Ft
1200
Bedrooms On Septic
4

Waterfront And View

View
  • Long Range
  • Water
  • Year Round
Waterfront Features
  • Boat House
  • Boat Lift
  • Covered structure
  • Boat Slip – Community
  • Paddlesport Launch Site - Community

Utilities

Sewer
  • Septic Needed
  • Other - See Remarks
Water Source
  • County Water

Financial Information

City Taxes Paid To
No City Taxes Paid
Hoa Dues
Mandatory

Zoning And Restrictions

Zoning
Res
Subject To Ccrs
Yes
Restrictions
  • Signage
  • Square Feet
  • Subdivision

Listed by Lynn Norman (910-220-2104) · Lake Tillery Properties LLC (910-439-2030)

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