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Land for Sale in Conover, North Carolina

6692 Valwood Rd, Conover, NC 28613

$7,900,000
23.9 acres
Active
ago
Est $43,514/mo

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.

Sq feet
1959
Built

Location

Street address
6692 Valwood Rd
Elevation
957 feet
Coordinates
35.819, -81.2036

Directions

From I-40 west take exit 132. Turn right onto N NC-16 (NC-16). Go for 4.9 mi. Turn left onto St Peters Church Rd. Go for 1.1 mi. Turn right onto Valwood Rd. Go for 0.8 mi. to entrance gate.

Property details

Acreage
23.9 acres
Zoning
PD
MLS #
CMLS 4333685
Posted

Parcels

  • 3746047013640000

Legal description

Details and features

Listing

Type
Residential
Zoning
PD

Lot

View
Water
Features
Waterfront

Exterior

Pool
Deck, Patio
Structures
Workshop

Structure

Basement
Daylight
Roof
Shingle

Interior

Flooring
Carpet, Linoleum, Tile

Listing history

DateEventPriceChangeSource
Jan 15, 2026New listing$7,900,000CMLS
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This 23.9-acre property is located at 6692 Valwood Rd in Conover, NC 28613. The property is available for sale for $7,900,000. It has a structure built in 1959.

Checked 1 hour ago — Updated

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