Ashe High Country Realty
Ashe High Country Realty

Create an Account

You must be signed into an account to save your search.

Create an Account

Already Have One? Sign In Now

6692 Valwood Road

259669 Days on Market: 2

35
Beds

28
Baths

33000
Sqft

23.900
Acres

$7,900,000

For Sale

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 Catawaba 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.

Listing ID:

259669

Property Type:

Single Family

Year Built:

1959

Bedrooms:

35

Bathrooms:

28 Full, 0 Half

Sqft:

33000

Acres:

23.900

Map

Latitude: 35.819930   Longitude: -81.201382

Location & Neighborhood

City: Conover

County: Catawba

Area: 26-Outside of Area

Subdivision: None

Environment

Utilities & Features

Heat: Electric

Sewer: Septic Tank

Utilities: Septic Available

Appliances: Electric Range, Refrigerator

Parking: No Garage

Interior

Fireplace: None

Sqft Living Area Above Ground: 33000

Sqft Total Living Area: 33000

Exterior

Exterior: Out Buildings, Storage

Style: Traditional

Construction

Construction: Brick, Vinyl Siding, Wood Siding, Wood Frame

Roof: Architectural, Shingle

Financial

Property Taxes: $0

Other

Price Per Sqft: $239

Price Per Acre: $330,544

6692 Valwood Road, Conover, NC 28613

Call 336-246-6348

Request Information

Request Information

Comparable Sold Listings

600 Stonehedge Court
$8,000,000

600 Stonehedge Court

69.89 miles away from this listing.
Sold on November 7, 2025

Listing Courtesy of True North Realty

The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.

Stay on Top of the High Country

Receive featured listings, periodic home buying tips & area updates.

Schedule a Virtual Tour

Our agents will walk you through a home on their mobile device. Enter your details to setup an appointment.

Test