Single Family Home $ 7,900,000

6692 Valwood RD

Conover, NC 28613

  • 35 Beds
  • 28 Baths
    Full Baths: 28
  • 33,000 SqFt
  • 23.9 Lot Size
  • 1959 Year Built
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 private 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.
Listed by Niki Long of True North Realty

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 33, 000 sqft

    Price per Sqft $239

    MLS Listing ID 4334418

    Bedrooms 35

    Full Baths 28

    Abv Grd Liv Area 33,000

    Year Built 1959

    Lot Size 23.900 Acres

    Acres 23.9

    Property Sub-Type Single Family Residence

  • Location

    State NC

    County Catawba

    Zoning PD

    Body of Water Lake Hickory

  • Rooms

    Basement Daylight

    Primary Bedroom Level Main

    Main Level Bedrooms 35

    Main Level Dining Area

    Main Level Primary Bedroom

  • Building

    Lot Description Waterfront

    Dwelling Type Site Built

    Foundation Basement, Crawl Space, Slab

    Sewer Septic Installed

    Water City

    Level or Stories One

    Structure Type Brick Full,Brick Partial,Vinyl,Wood

    New Construction false

  • Interior

    Heating Electric

    Cooling Electric

    Fireplace false

    Appliance Electric Cooktop, Electric Oven, Refrigerator

    Laundry Common Area

  • Exterior

    Waterfront Description Beach - Private,Dock

    Street Surface Asphalt,Gated,Paved

    Garage false

  • Schools

    Elementary Schools Oxford

    Middle Schools River Bend

    High Schools Bunker Hill

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition None

CONTACT

Niki Deitz-Long
Niki Deitz-Long

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