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$7,900,000 Just Listed
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Property Description
This rare 23+ acre Lake Hickory waterfront property in Conover, NC features appx 3/4 mile of shoreline and a proven, development-ready campus with PD zoning. Currently operating as a Boys Academy, the site shows established utilities, access, & density tolerance for residential, institutional, or hospitality redevelopment. Property includes 12 buildings w/ 35 bedrooms & 28 bathrooms, accommodating ~65 overnight residents & up to 140 daytime occupants, + a dining hall, residential & administrative structures, a zipline, floating dock, beach area, & 3/4+ mile lakeside walking trail. Existing improvements support adaptive reuse, near-term income, or phased redevelopment, w/ potential support from Catawba County Planning for rezoning to Residential R-40. Convenient to Hickory, Mooresville, & Charlotte region, this property is well suited for luxury lakefront estates, a secluded enclave, retreat/wellness use, or continued institutional operations-an exceptionally rare Lake Hickory offering.
Full Property Details
Full Property Details for 6692 Valwood Rd
General
- Price: $7,900,000
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1206563
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Location
- County: Catawba
- Driving 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.
Utilities
- Sewer: Septic Tank
Structural Information
- Year Built: 1959
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by True North Realty
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Schools
Schools serving 6692 Valwood Rd
School District:Catawba County Schools
| Name | Grades | Distance |
|---|---|---|
Oxford Elementary 5915 Oxford School Road, Claremont, NC 28610 | K-6 | 4.3 mi |
River Bend Middle, Claremont, NC 4670 Oxford School Road, Claremont, NC 28610 | 7-8 | 6.7 mi |
Bunker Hill High 4675 Oxford School Road, Claremont, NC 28610 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6692 Valwood Rd
Date
Details
Price
Change
Source
1/15/2026
Listed
$7,900,000
216%
MLS
12/30/2013
Sold
$2,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6692 Valwood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$6,320,700
—
2023
100%
$6,320,700
58%
2022
100%
$3,996,700
—
2021
100%
$3,996,700
7%
2020
—
$3,728,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6692 Valwood Rd
6692 Valwood Road, Conover, NC 28613 (MLS# 1206563) is a Commercial property with 0 bedrooms and 0 full bathrooms. 6692 Valwood Road is currently listed for $7,900,000 and was received on January 15, 2026. Want to learn more about 6692 Valwood Road? Do you have questions about finding other Commercial real estate for sale in Conover? You can browse all Conover real estate or contact a Coldwell Banker agent to request more information.

