$450,000

221 Malabar Dr Troy, NC 27371

Estimated payment $2,628/month

Total Views 480
0.82 Acre
$548,780 Price per Acre
35,719 Sq Ft Lot

Highlights

  • Boathouse
  • Boat Lift
  • Waterfront
  • Covered Dock
  • Access To Lake
  • Clubhouse

About This Lot

A rare opportunity on Lake Tillery! This exceptional waterfront lot comes ready for your dream home with a cleared homesite, installed driveway, and an expired 4-bedroom perc permit. The property includes two lots and a stunning gazebo that is fully appointed with ceiling fan, lamps, rugs, pillows, and seating all perched above the water for year-round relaxation. Step onto the decking and take in breathtaking views of Lake Tillery, Morrow Mountain State Park, and the Uwharrie National Forest. The boathouse is complete with a boat lift, storage, and expansive open decking, perfect for fishing, swimming, or simply soaking in the mountain and lake scenery. Level grounds with a stone path and shade trees make this retreat even more inviting. This is an unbeatable opportunity to create your lakefront sanctuary... yet the gazebo is so perfect, you may never want to build!

Listing Agent

Lynn Norman

Lake Tillery Properties LLC Brokerage Email: lynn@thelakeladyteam.com License #C27592 Listed on: 08/29/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,202

Lot Details

  • Waterfront
  • Sloped Lot
  • Wooded Lot
  • Additional Parcels
  • Possible uses of the property include Recreational, Residential

HOA Fees

  • $80 Monthly HOA Fees

Additional Features

  • Water Views
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 6588-07-69-6899

Community Details

Overview

  • Carolina Forest Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Sport Court
  • Indoor Game Court
  • Community Playground
  • Community Pool
  • Access To Lake
  • Boat Lift
  • Boathouse
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,202

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Signage,Square Feet,Subdivision
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: lynn@thelakeladyteam.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Boat Lift, Covered structure, Boat Slip – Community, Paddlesport Launch Site - Community

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Court, Gated, Lake Access, Outdoor Pool, Picnic Area, Playground, Sport Court
  • Association Fee: 965
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 965.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded, Views, Waterfront
  • Lot Size Area: 0.82
  • Lot Size Units: Acres
  • Parcel Number: 6588-07-69-6899
  • Can Be Subdivided: 0
  • Lot Size: Approx. 85 ft of Waterfront
  • Additional Parcels Description: 6588-07-69-8770
  • Additional Parcels: Yes
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,202 $195,523 $179,625 $15,898
2023 $1,202 $195,523 $179,625 $15,898
2022 $1,202 $195,523 $179,625 $15,898
2021 $1,202 $195,523 $179,625 $15,898
2020 $1,202 $195,523 $179,625 $15,898
2018 $634 $102,300 $89,812 $12,488
2017 $634 $102,300 $89,812 $12,488
2016 $634 $102,300 $89,812 $12,488
2015 $583 $102,300 $0 $0
2014 $583 $102,310 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $450,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 None Available
Deed $155,000 --
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4296009

Canopy MLS (Canopy Realtor® Association)

APN: 6588-07-69-6899