Sarah Sutherland

6692 Valwood Road

Conover, NC
$ 7,499,000 Beds 35 Baths 28 Sq 33,000
Monthly Estimate* How much can I afford?

Price Improvement! 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. Please note: Commercial MLS # 4333685

Single Family

  • Price
  • $ 7,499,000
  • City
  • Conover
  • Bedrooms
  • 35
  • Full Bathrooms
  • 28
  • County
  • CATAWBA
  • Half Bathrooms
  • 0
  • Area
  • Catawba County
  • Lot Size
  • 23.9 Acres
  • Zip
  • 28613
  • Sqr Footage
  • 33,000
  • Year Built
  • 1959
  • Style
  • MLS#
  • 4334418
Listed By: True North Realty; niki@nikilong.com
Data Source: Canopy MLS

Features

General

Living Area 33000
Sewer Septic Installed
Heating Electric
Cooling Electric
Appliances Electric Cooktop,Electric Oven,Refrigerator
Zoning PD
Construction Materials Brick Full,Brick Partial,Vinyl,Wood
Year Built 1959
Levels One
Property Subtype Single Family Residence
Parcel Number 3746047013640000
Waterfront Features Beach - Private,Dock
County Catawba
New Construction No
Property Type Residential
HOA No
Subdivision Name None
Garage Y/N No
Other Structures Workshop
Full Baths 28
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.
High School Bunker Hill
City Conover
Body of Water Lake Hickory
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Oxford
Middle/Junior High School River Bend
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 6320700
Listing Terms Cash,Conventional

Interior Features

Basement Daylight
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 33000
Laundry Features Common Area
Total Bedrooms 35
Total Baths 28
SqFt Main 33000
Bedroom 35

Exterior Features

Parking Features Driveway,Parking Space(s)
Lot Features Waterfront
Water Source City
Lot Size Area 23.9
Foundation Details Basement,Crawl Space,Slab
Road Surface Type Asphalt,Gated,Paved
Road Responsibility Publicly Maintained Road,Private Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Kingsport, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Oxford Elementary School
Middle School River Bend Middle School
High School Bunker Hill High School

Price History

1/15/2026 Listed $7,900,000
7/15/2026 6% - $7,499,000

Property vs Zip Code Average in 28613

Price
AVG $500K
$7.5M
Year Built
AVG 1998
1959
Visits
AVG 191
439
Data Provided by Inside Real Estate®

Areas That We Cover

6692 Valwood Road Conover, NC is a Single Family Home for sale at $7499000 with 33000 sqft and a lot size of 23.9 Acres Acre(s). 6692 Valwood Road Conover has 35 bedrooms, 28 baths and was built in 1959. The property's zip code is 28613 which is in Conover, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Sarah Sutherland

Sarah Sutherland

423-863-9976

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