Skip main navigation
Active
  • $450,000

    221 Malabar Dr, Troy, NC 27371

    --beds
    --baths
    0.82Acres
    Unimproved Land
    Built in ----
    0.82 Acres Lot
    $-- Zestimate®
    $--/sqft
    $80/mo HOA

    What's special

    Mature shade treesLevel terrainCharming stone pathway
    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.
    56 days
    |
    1,542
    |
    78
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynn Norman lynn@thelakeladyteam.com,

    Lake Tillery Properties LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4390950MLS Logo

      Facts & features

      Interior

      Interior area
      • Finished area below ground: 0

      Property

      Features
      • Pool features: Community
      • Has view: Yes
      • View description: Long Range, Water, Year Round
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Boat Lift, Covered structure, Boat Slip – Community, Paddlesport Launch Site - Community, Waterfront
      • Body of water: Lake Tillery
      Lot
      • Size: 0.82 Acres
      • Dimensions: Appro x . 85 ft of Waterfront
      • Features: Sloped, Wooded, Views
      Details
      • Additional structures: Boat House, Gazebo
      • Additional parcels included: 6588-07-69-8770
      • Parcel number: 658807696899
      • Zoning: Res
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Needed, Other - See Remarks
      • Water: County Water

      Community & HOA

      Community
      • Features: Clubhouse, Game Court, Gated, Lake Access, Picnic Area, Playground, Sport Court
      • Subdivision: Carolina Forest
      HOA
      • Has HOA: Yes
      • HOA fee: $965 annually
      • HOA name: RealManage
      Location
      • Region: Troy

      Financial & listing details

      • Tax assessed value: $195,523
      • Annual tax amount: $2,405
      • Date on market: 6/12/2026
      • Listing terms: Cash,Conventional,Exchange
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,070/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$450,000+16.3%
        Source: Canopy MLS as distributed by MLS GRID #4390950 Report a problem
        1/30/2026Sold$387,000-3%
        Source: Canopy MLS as distributed by MLS GRID #4296009 Report a problem
        10/21/2025Price change$399,000-11.3%
        Source: Canopy MLS as distributed by MLS GRID #4296009 Report a problem
        8/30/2025Listed for sale$450,000+73.7%
        Source: Canopy MLS as distributed by MLS GRID #4296009 Report a problem
        5/20/2019Listing removed$259,000
        Source: Hunter Homes Realty #3377481 Report a problem
        3/21/2019Listed for sale$259,000
        Source: Hunter Homes Realty #3377481 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,405 +100%$195,523
        2024$1,202 $195,523
        2023$1,202 $195,523
        2022$1,202 $195,523
        2021$1,202 $195,523
        2020$1,202 $195,523 +91.1%
        2019-- $102,300
        2018-- $102,300
        2017$583 $102,300
        2016$583 $102,300
        2015$583 $102,300 0%
        2014$583 $102,310
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27371

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes