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Lake Hickory Waterfront Development Opportunity
For Sale
$7,900,000

6692 Valwood Road, Conover, NC 28613

23+ acre waterfront property with development potential on Lake Hickory.

Property Size33,000 SF
Lot Size23.00 Acres
Price / SF$239.39
Days on Market188

Property Features for 6692 Valwood Road

General Information

Standard status Active
Size 33,000 SF
Lot size 23.00 Acres
Property subtype Commercial
Zoning PD

Building Details

Year Built 1959
Buildings 12
Listed By: JOY Real Estate
Source: Joyrealestate.idxbroker
Added: Mar 5 Changed: Sep 8 Last Checked: Sep 9 at 5:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOY Real Estate

Investment Insights

Based on property information with market context.

This rare 23+ acre Lake Hickory waterfront property in Conover, NC, features approximately 3/4 mile of shoreline. The property is a development-ready campus with PD zoning. Currently operating as a Boys Academy, the site has established utilities and access, with density tolerance for residential, institutional, or hospitality redevelopment. The property includes 12 buildings with 35 bedrooms and 28 bathrooms, accommodating approximately 65 overnight residents and up to 140 daytime occupants. It also features a dining hall, residential and administrative structures, a zipline, a floating dock, a beach area, and a 3/4+ mile lakeside walking trail. Existing improvements support adaptive reuse, near-term income, or phased redevelopment, with potential support from Catawba County Planning for rezoning to Residential R-40. Convenient to Hickory, Mooresville, and the Charlotte region, this property is well suited for luxury lakefront estates, a secluded enclave, retreat/wellness use, or continued institutional operations. It is an exceptionally rare Lake Hickory offering.

Key Highlights

  • 23+ acre Lake Hickory waterfront property with appx 3/4 mile of shoreline.
  • Development‑ready campus with PD zoning allowing residential, institutional, or hospitality redevelopment.
  • Existing infrastructure includes 12 buildings with 35 bedrooms and 28 bathrooms, accommodating ~65 overnight residents.

Property Analytics

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Current Use

North Carolina Boys ... High School

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Garden Center Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 28613, NC

22,970
Population
10,222
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
85%
High-School Grad
42.4 sq mi
ZIP Area
542
Density / Sq Mi
$55,690
Median Household Income
$38,932
Median Earnings
$822
Median Rent
$208,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 23+ acre waterfront property with development potential on Lake Hickory.
Where is this waterfront land located?
The property is located at 6692 Valwood Road Conover, NC.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 23+ acre Lake Hickory waterfront property with appx 3/4 mile of shoreline.; Development‑ready campus with PD zoning allowing residential, institutional, or hospitality redevelopment.; Existing infrastructure includes **12 buildings with 35 bedrooms and 28 bathrooms**, accommodating ~65 overnight residents.
More about this property
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