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Lake Hickory Development Opportunity
For Sale
$7,499,000

6692 Valwood Road, Conover, NC 28613

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

Property SizeContact for details
Lot Size23.00 Acres
Days on Market231

Property Features for 6692 Valwood Road

General Information

Standard status Active
Lot size 23.00 Acres
Property subtype Commercial

Amenities

Carpet Flooring
Linoleum Flooring
Tile Flooring

Building Details

Year Built 1959
Listing Agency: TRUE NORTH REALTY
Listed By: NIKI LONG · License #320287
Source: Corcoran
Added: Jan 15 Changed: Aug 31 Last Checked: Sep 2 at 6:05PM

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 $7,499,000.
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.
More about this property
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