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$7,499,000
208 Days On Site

6692 Valwood Road
Conover, NC 28613

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1959
Built
Subdivision:
None
County:
Caldwell
Listing courtesy of Katie Lamboglia of True North Realty (704) 674-0302
Call Now: 336-246-3010
Is this the listing for you? We can help make it yours.
336-246-3010
6692 Valwood Road6692 Valwood Road6692 Valwood Road6692 Valwood Road
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Monthly Payment (Est.)

$34,214
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Price Improvement! Premier Lake Hickory Development Site with Established Campus Infrastructure – 23+ Acres, 3/4 mile of Lake Hickory shoreline. This exceptionally rare 23-acre waterfront offering on Lake Hickory in Conover, NC combines development-ready scale with a proven operational footprint. Zoned PD, the property is currently utilized as a fully functioning Boys Academy campus, demonstrating the site’s capacity, infrastructure, and regulatory viability for large-scale residential, institutional, or hospitality uses. 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 lake, all of which underscore the property’s adaptability and immediate functional value. From a developer’s perspective, this property offers a rare combination of: Approximately 3/4 mile of Lake Hickory shoreline, suitable for possible future premium waterfront homesites Contiguous 23+ acres with established internal circulation and utilities Existing vertical improvements, allowing for adaptive reuse, income generation, or phased redevelopment Proven operational history as both an academy campus and a short-term rental / Airbnb property Catwaba County Planning staff could support this property being rezoned as Residential R-40. Currently, PD zoned, supporting luxury residential and estate-style waterfront development The current Boys Academy use provides clear evidence of density tolerance, utility capacity, and access, significantly reducing unknowns for future redevelopment or repositioning. 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. Large-scale Lake Hickory opportunities with this level of shoreline, zoning, and infrastructure are exceedingly rare.

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Listing Snapshot
Price 
$7,499,000
Days On Site 
208 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
23.9 Acres
Year Built 
1959
MLS® Number 
259671
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $7,499,000
4 weeks agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
23.9
Additional Property Use 
Recreational
Building Features 
PrivateRestrooms
Parking 
Paved
Sewer 
Septic Tank
Water Source 
Public
Zoning 
PD
Interior Features
Cooling 
Electric
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl SidingWood SidingBrickFrame
Exterior 
Storage
Other Structures 
OutbuildingGuest HouseShed(s)
Road Frontage 
Private Road
Roof 
Shingle
View 
Lake
Waterview 
Lake
Community Features
Financing Terms Available 
CashConventional
MLS Area 
26-Outside of Area
Roads 
Paved
Schools
School District
Unknown
Elementary School
Outside of Area
Middle School
Unknown
High School
Out of Area
Listing courtesy of Katie Lamboglia of True North Realty (704) 674-0302



Listing information is provided by Participants of the High Country Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, High Country Association of Realtors MLS.
Last checked: 2026-08-11 08:37 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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