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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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6692 Valwood Rd , Conover, NC 28613
$7,499,000
Est. Payment: $38,643.89/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 181
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House Description

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. Note: listing residential MLS # 4334418

Highlights

Listed by Niki Long , 828-962-2167 and Katie Lamboglia , 828-962-2167 True North Realty , 828-307-0099. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
23.9

Year Built

1959

County

Catawba

Listing ID

4333685

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Linoleum,Tile
Below Ground Sq Ft:0
Basement:Daylight
Other:City

Exterior Features

Lot:Waterfront,Beach - Private,Dock,Paddlesport Launch Site,Other - See Remarks
Zoning:PD
Roof:Architectural Shingle
Sewer:Septic Installed
Principal Interest
$38,644
Taxes
$4,781

Home Price

$7,499,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$1,499,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$38,643.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $38,643.89 $4,780.61 $0.00 $43,424.50
Yearly $463,726.69 $57,367.35 $0.00 $521,094.04
Total $13,911,800.68 $1,721,020.50 $0.00 $15,632,821.18

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Conover, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last updated: 2026-08-02T04:00:06.000Z

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