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.
- Heating System:
- Electric
- Cooling System:
- Electric
- Basement:
- Daylight
- Parking:
- Driveway, Parking Space(s)
- Laundry Features:
- Common Area
- Sewer:
- Septic Installed
- Waterfront Features:
- Dock, Beach - Private
- Appliances:
- Refrigerator, Electric Cooktop, Electric Oven
- Country:
- US
- State:
- NC
- County:
- Catawba
- City:
- Conover
- Street:
- None
- Zipcode:
- 28613
- Street:
- Valwood
- Street Number:
- 6692
- Street Suffix:
- Road
- Longitude:
- W82° 47' 47''
- Latitude:
- N35° 49' 8.4''
- 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.
- Zoning:
- PD
- Elementary School:
- Oxford
- High School:
- Bunker Hill
- Middle School:
- River Bend
- Office Name:
- True North Realty
- Agent Name:
- Niki Long
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Construction Materials:
- Wood, Vinyl, Brick Full, Brick Partial
- Foundation Details:
- Basement, Crawl Space, Slab
- Levels:
- One
- Lot Features:
- Waterfront
- Water Body Name:
- Lake Hickory
- Water Source:
- City
- Co List Agent Full Name:
- Katie Lamboglia
- Co List Agent Mls Id:
- CV71186
- Co List Office Mls Id:
- R03439
- Co List Office Name:
- True North Realty
- List Agent Mls Id:
- cv71968
- List Office Mls Id:
- R03439
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-16T19:13:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-01-15T13:01:24Z
Residential For Sale
6692 Valwood Road, Conover, North Carolina 28613
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 4334418
- Price :
- $7,900,000
- Bedrooms :
- 35
- Bathrooms :
- 28
- Square Footage :
- 33,000 Sqft
- Year Built :
- 1959
- Status :
- Active
- Full Bathrooms :
- 28
- Property Sub Type :
- Single Family Residence






































