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    221 Malabar Dr Troy, NC 27371

    Sponsored
    For Sale
    $399,000

    LAND - Troy, NC

    Lot size:
    0.82 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 221 Malabar Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    6588-07-69-6899
    Lot size
    0.82 Acres

    Utilities

    Sewer type
    Septic Needed
    Water front
    1

    Lake Tillery Properties, LLC (910) 220-2104 [email protected]

    Listing agent Lynn Norman (910) 220-2104

    Listing date Nov 20, 2025

    MLS# 4296009 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Tillery Waterfront Lot

    This waterfront lot on Lake Tillery presents an opportunity to build a home. The property features a cleared homesite, an installed driveway, and a 4-bedroom perc permit. The property consists of two lots and includes a gazebo equipped with a ceiling fan, lamps, rugs, pillows, and seating. The gazebo offers views of Lake Tillery, Morrow Mountain State Park, and the Uwharrie National Forest. The boathouse includes a boat lift, storage, and open decking suitable for fishing and swimming. The grounds feature a stone path and shade trees. The lot size is 0.82 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -80.05082867
    Latitude
    35.36650376

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    FAQs

    What type of property is this?
    Residential land & home lot - Waterfront lot with cleared homesite, gazebo, and boathouse.
    Where is this residential land & home lot located?
    The property is located at 221 Malabar Dr Troy, NC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Waterfront lot on Lake Tillery with breathtaking views of Morrow Mountain State Park and the Uwharrie National Forest.; - Includes two lots with a cleared homesite, installed driveway, and 4-bedroom perc permit ready for building.; - Features a fully appointed gazebo with fan, lamps, rugs, pillows, and seating perched above the water.
    (910) 220-2104
    Request Owner's contact information
    221 Malabar Dr Troy, NC 27371
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    Troy, NC 27371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    221 Malabar Dr Troy, NC 27371
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