221 Malabar Drive
Troy, NC, 27371
$450,000
- $80HOA / mo
- 145days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $1,136, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Montgomery, NC with 20% down. Restrictions apply.

Hope Foster, REALTOR®
Your CapCenter agent · 757-274-1537
Questions? Call (804) 648-4357
About this home
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.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 6/12/2026
- Time on Market
- 145 days
- Property Type
- Land
- List Price
- $450,000
- Lot Size
- None listed
- County
- Montgomery
- Community
- Carolina Forest
- HOA
- $965/Annually
Building & lot
Building
- Property Type
- Land
Lot Info
- Parcel Number
- 6588-07-69-6899
Exterior Features
- Exterior Features
- Boat Slip
- Pool
- No
Parking
- Garage
- No
Ownership
Community details
School Districts
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
Utilities
- Sewer
- Septic Needed
Neighborhood
- Subdivision
- Carolina Forest
- HOA
- $965/Annually
- Zoning
- Res
Taxes & Assessment
- Tax Assessed Value
- $195,523
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4390950
- MLS Status
- Active
Listed by: Lake Tillery Properties LLC · (910) 439-2030
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.

