6692 Valwood Road, Conover, NC 28613

Building Details

Year Built 1959 More

Listing Agency: TRUE NORTH REALTY Show Phone

Listed By: KATIE LAMBOGLIA Show Phone

Source: Corcoran

Added: Jan 15 Changed: Nov 12 Last Checked: Nov 12 at 7:03AM

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Investment Insights

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This 23-acre waterfront property on Lake Hickory in Conover, NC, is zoned PD and currently used as a fully functioning Boys Academy campus. The existing campus includes 12 buildings, featuring 35 bedrooms and 28 bathrooms, and is designed to accommodate 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 approximately 3/4 mile of Lake Hickory shoreline and established internal circulation and utilities. Existing vertical improvements allow for adaptive reuse, income generation, or phased redevelopment. The property has a proven operational history as both an academy campus and a short-term rental / Airbnb property. Catawba County Planning staff could support this property being rezoned as Residential R-40. The current Boys Academy use provides clear evidence of density tolerance, utility capacity, and access. The site is well-suited for luxury lakefront estates, a secluded residential enclave, destination retreat, wellness or education-based reuse, or continuation of institutional operations. Strategically located near Hickory, Mooresville, and the greater Charlotte region, this offering represents a high-barrier-to-entry waterfront asset with both near-term income potential and long-term development upside. The property is suitable for possible future premium waterfront homesites.

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

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Current Use

North Carolina Boys ... High School

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Hair Salon Furniture & Home Goods Garden Center

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

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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

Market

Properties on Market for Waterfront Land in Catawba County

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Frequently Asked Questions

What type of property is this?

Waterfront Land - 23+ acre waterfront property with established campus infrastructure.

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.