Waterfront Land with
For Sale
$450,000
221 Malabar Drive, Troy, NC 27371
LAND - Troy, NC
Property SizeContact for details
Lot Size0.82 Acres
Days on Market60
Property Features for 221 Malabar Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Res
Subdivision
Carolina Forest
Lot features
Sloped, Wooded, Views, Waterfront
View
Water
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
6588-07-69-6899
Lot size
0.82 Acres
Taxes and HOA fees
Tax Description
LOT 232 & 238 CAROLINA FOREST
HOA Fee
$965 Annually
Legal Description
LOT 232 & 238 CAROLINA FOREST
Utilities
Sewer type
Septic Needed
Water front
1
Building Details
Additional Structures
Gazebo
Listing Agency:
Lake Tillery Properties LLC
(910) 439-2030
Listed By:
Lynn Norman · License #C27592
(910) 220-2104
Added: Jun 12
Last Checked: Aug 10 at 12:06AM
MLS# 4390950
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This waterfront offering includes two lots totaling 0.82 acres with a cleared homesite ready for residential development. Site improvements include an installed driveway and a 4-bedroom perc permit. At the water’s edge, there is a gazebo set up for outdoor living, including a ceiling fan and lighting, plus furnished seating items. Expansive decking overlooks Lake Tillery and is complemented by level terrain, mature shade trees, and a stone pathway.
The property also features a private boathouse with a boat lift, storage area, and a generous sun deck. The setting provides views of Lake Tillery along with the rolling peaks of Morrow Mountain State Park and the scenic backdrop of the Uwharrie National Forest.
For buyers looking to build a lakefront residence, the combination of a cleared site, driveway in place, and an existing 4-bedroom septic permit can help reduce early site-prep uncertainty. The gazebo, decking, and private boathouse support a home design that centers on outdoor recreation and everyday access to boating, fishing, and swimming at the property’s edge.
The property also features a private boathouse with a boat lift, storage area, and a generous sun deck. The setting provides views of Lake Tillery along with the rolling peaks of Morrow Mountain State Park and the scenic backdrop of the Uwharrie National Forest.
For buyers looking to build a lakefront residence, the combination of a cleared site, driveway in place, and an existing 4-bedroom septic permit can help reduce early site-prep uncertainty. The gazebo, decking, and private boathouse support a home design that centers on outdoor recreation and everyday access to boating, fishing, and swimming at the property’s edge.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 27371, NC
7,284
Population
3,900
Households
1.9
Avg Household Size
44
Median Age
23%
College-Educated
85%
High-School Grad
143.4 sq mi
ZIP Area
51
Density / Sq Mi
$62,392
Median Household Income
$34,933
Median Earnings
$584
Median Rent
$157,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Two waterfront lots on Lake Tillery with cleared homesite, driveway, gazebo, and a permitted septic plan for a residence.
Where is this waterfront land located?
The property is located at 221 Malabar Drive Troy, NC.
What is the asking price?
The asking price for this property is $450,000.
