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209 Malabar Drive, Troy, NC 27371

Carolina Forest · Montgomery County

Key Facts

3Beds
4Baths
2,614Sq Ft
1972Year Built

Description

TRYING TO DECIDE WHETHER TO LIVE AT THE BEACH OR IN THE MOUNTAINS? This beautiful LAKE TILLERY MAIN CHANNEL WATERFRONT home with views of Morrow Mountin State Park and the Uwharrie National Forest may be PERFECT for you. The home features 3 bedrooms, 2 full and 2 half baths, a living room with windows to capture the STUNNING views and a large deck to enjoy the sunsets behind the mountains. The full finished basement to meet your individual needs, and has ceramic tile that gives the appearance of wood floors, opens into a large patio to entertain family and friends. 2 wood burning fireplaces. The lush low maintenance landscaping leads you to the beautiful 162' lakefront with a double bay boathouse, lots of decking, will take you back to nature. IF YOU ARE LOOKING FOR PEACE AND TRANQUILITY, THIS IS THE HOME FOR YOU.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Bungalow / Cottage

Year Built

1972

Living Area

2,614 sq ft

Lot Dimensions

162' lakefront x302' x 244' x 52'

Zoning

R-1

Days on Market

12

MLS® Listing#

4124388

Property Features

Interior

Cathedral Ceiling(s)Open FloorplanPantryStorage

Exterior

Boat SlipStorage

Appliances

Convection OvenDishwasherDisposalElectric RangeExhaust FanMicrowaveRefrigerator

Cooling

Ceiling Fan(s)Heat Pump

Heating

ElectricHeat Pump

Flooring

CarpetTileWood

Fireplace

Family RoomLiving RoomWood Burning

Basement

Bath/StubbedExterior EntryFinishedFullInterior EntryStorage SpaceWalk-Out Access

Parking

Detached CarportDriveway

Laundry

Electric Dryer HookupIn BasementLaundry RoomWasher Hookup

Patio

DeckPatio

Lot Features

SlopedWoodedViewsWaterfront

Roof

Asbestos Shingle

Security

Carbon Monoxide Detector(s)Security Service

Other Structures

Boat HouseOutbuildingWorkshop

Community

ClubhouseFitness CenterGatedPlaygroundTennis Court(s)

Sewer

Septic Tank

Schools

Elementary:
Unspecified
Middle:
Unspecified
High:
Unspecified

Financial Details

HOA

Yes

Carolina Forest Inc.

Assessed Value

$478,372

Parcel Number

658807695619

Affordability Calculator

$165,000

Estimated monthly payment

$4,391/mo

Principal $660,000 · Est. interest $920,759 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Troy, NC

$414,286
Median Listing Price
62
Median Days on Market
1,840
Median Sq Ft
$228
Median Price / Sq Ft
23
Active Listings
  • This home’s price is 99% above the area median.
  • Its price per sq ft is 38% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Troy, NC.

Location

Map showing the location of 209 Malabar Drive, Troy, NC 27371

Getting Around

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Points of Interest in Troy, NC

Showing the Troy area map.

Nearby Schools

  • Badin Elementary School

    Elementary · 4.4 mi away

  • Albemarle Middle School

    Secondary · 6.7 mi away

  • East Albemarle Elementary School

    Elementary · 6.7 mi away

  • West Middle School

    Secondary · 6.8 mi away

  • West Montgomery High

    School · 7.1 mi away

  • Little Red Schoolhouse

    School · 7.8 mi away

  • Park Ridge Christian School

    School · 7.9 mi away

  • Stanly County Schools

    Elementary · 8.2 mi away

  • Stanly County Schools

    Elementary · 8.2 mi away

  • Central Elementary School

    Elementary · 8.2 mi away

  • Montgomery Learning Academy

    School · 8.9 mi away

  • North Albemarle

    School · 8.9 mi away

  • Stanly Academy Learning Center

    School · 8.9 mi away

  • Troy Elementary School

    Elementary · 9.1 mi away

  • Montgomery County Schools

    School · 9.2 mi away

  • Tillery Christian Academy

    School · 9.7 mi away

  • Page Street Elementary School

    Elementary · 9.9 mi away

  • North Stanly High School

    Secondary · 9.9 mi away

  • Wescare Christian Academy

    School · 10.0 mi away

  • Montgomery Central High School

    Secondary · 10.4 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
226 Balsam Circle, Troy, NC$875,000432,424
273 Lakewood Circle 126 & 127, Troy, NC$879,000332,713

Moving Cost Estimate

EXIT Agents in Troy

Carolina MLS  (Charlotte) logo

Listing Courtesy: Century 21 Russ Hollins, Realtors - Emma.rogers@century21.com

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. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2024-04-03

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Canopy Realtor Association. MLS® Listing#4124388. © 2026EXIT Realty®. All rights reserved.