6692 Valwood Road, Conover NC
- 35 Bed
- 28 Bath
- 33000 ft2
- 23.9 ac
For Sale $7,900,000
Remarks:
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.
General Information:
| List Price: | $7,900,000 |
| Status: | For Sale |
| Bedrooms: | 35 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 33000 sqft |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4334418 |
| Subdivision: | None |
| Bathrooms: | 28 |
| Lot Description: | Waterfront |
| Year Built: | 1959 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Oxford |
| Middle: | River Bend |
| High: | Bunker Hill |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 01-16-2026 | Listed | $7,900,000 | $240 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oxford Elementary | 4 miles | PK-05 | 6 |
| Lyle Creek Elementary | 5 miles | KG-06 | 4 |
| Clyde Campbell Elementary | 5 miles | KG-06 | 6 |
| Webb A Murray Elementary | 6 miles | PK-05 | 5 |
| Shuford Elementary | 7 miles | PK-05 | 7 |
| W M Jenkins Elementary | 7 miles | PK-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 6692 Valwood Road, Conover NC | 0 mi | $7,900,000 | days | |
| 6580 Central Drive, Conover NC | 0.2 mi | $995,000 | days | |
| 166 Mull Drive, Taylorsville NC | 0.5 mi | $800,000 | days | |
| 510 Ben Eller Lane, Taylorsville NC | 0.6 mi | $485,000 | days | |
| 349 Taylorsville Beach Court, Taylorsville NC | 0.6 mi | $469,900 | days | |
| 157 Whittington Ridge Drive, Taylorsville NC | 0.6 mi | $425,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28613
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By True North Realty
6692 Valwood Road, Conover NC is a 33000 ft2 on a 23.900 acres lot. This is for $7,900,000. This has 35 bedrooms, 28 baths, and was built in 1959.
Based on information submitted to the MLS GRID as of 2026-01-16 12:11:51 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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