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Lake Hickory Development Opportunity

6692 Valwood Road Conover, NC 28613

6692 Valwood Road, Conover, NC, 28613
$7,900,000
For Sale
$7,900,000

23+ acre waterfront property with existing infrastructure on Lake Hickory.

Lot Size23.00 Acres
Days on Market186

Property Features for 6692 Valwood Road

General Information

Standard status
Active
Lot size
23.00 Acres
Property subtype
Commercial

Building Details

Year Built
1959
Listing Agency TRUE NORTH REALTY
Listed by NIKI LONG
Source Corcoran
Added: Jan 15 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:45 am

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 TRUE NORTH REALTY


Investment Insights

Based on property information with market context.

This 23+ acre waterfront property on Lake Hickory in Conover, NC, features approximately 3/4 mile of shoreline. Zoned PD, the property is currently used as a Boys Academy campus, demonstrating its capacity for large-scale residential, institutional, or hospitality uses. The existing campus includes 12 buildings with 35 bedrooms and 28 bathrooms, accommodating approximately 65 overnight residents and up to 140 daytime occupants. Supporting facilities include a central dining hall, residential and administrative structures, a publicly operating zipline with dedicated facilities, a floating dock, a beach area, and a graveled 3/4+ mile walking trail around the lake. The property has established internal circulation and utilities. The existing vertical improvements allow for adaptive reuse, income generation, or phased redevelopment. The property has a proven operational history as an academy campus and a short-term rental / Airbnb property. Catawba County Planning staff could support rezoning as Residential R-40. The current Boys Academy use provides evidence of density tolerance, utility capacity, and access. The site is suited for luxury lakefront estates, a private residential enclave, destination retreat, wellness or education-based reuse, or continuation of institutional operations. It is strategically located near Hickory, Mooresville, and the greater Charlotte region.

Key Highlights

  • 23+ acre waterfront property with approximately 3/4 mile of Lake Hickory shoreline.
  • Existing campus infrastructure with 12 buildings, 35 bedrooms, and 28 bathrooms, suitable for adaptive reuse or phased redevelopment.
  • Zoned PD, with potential for rezoning to Residential R‑40, supporting luxury residential and estate‑style waterfront development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

North Carolina Boys ... High School

Suggested Use

Auto Repair Shop Building Supply Auto Parts Store Garden Center Furniture & Home Goods Grocery & Convenience Store Nail Salon Spa & Massage Center Hair Salon Discount Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - 23+ acre waterfront property with existing infrastructure 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 waterfront property with approximately 3/4 mile of Lake Hickory shoreline.; Existing campus infrastructure with 12 buildings, 35 bedrooms, and 28 bathrooms, suitable for adaptive reuse or phased redevelopment.; Zoned PD, with potential for rezoning to Residential R‑40, supporting luxury residential and estate‑style waterfront development.
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