6692 Valwood Rd

Conover, NC 28613

$7,900,000
Price
35
Beds
33,000 Sq. Ft.
$239 / Sq. Ft.
33,000
Sq. Ft.
$239
per Sq. Ft.

Description

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...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.
  1. Listed by Niki Long • True North Realty • niki@nikilong.com
  2. Listed by Katie Lamboglia • True North Realty

Property Details for 6692 Valwood Road

Architectural Style
Traditional
Waterfront Features
Beach - Private, Dock
Zoning Description
PD
View
Lake
Parking Features
Driveway, Parking Space(s)
Subdivision Name
None
LISTING UPDATED: 01/16/2026 02:13 PM

Property Details for 6692 Valwood Road

StatusActive
MLS #4334418
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1959
Lot Size23.90 AC / 1,041,083 SF
CountyCatawba County

Location

Listing Courtesy of True North Realty
Add your commute

Building Information for 6692 Valwood Road

Stories-Year Built1959Building Size-Lot Size23.90 AC / 1,041,083 SF

Payment Calculator

$38,503 per month

30 year fixed, 6.15% Interest

Principal and Interest

$38,503

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6692 Valwood Road

Summary
Location and General Information
  • View: Yes
  • Water Body Name: Lake Hickory
  • Road Frontage Type: PrivateRoad
  • Longitude: -81.203608
  • MLS Area Major: 26-Outside of Area
  • Zoning: PD
  • Unparsed Address: 6692 Valwood Road
  • Latitude: 35.818993
  • 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.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Annual Amount: $.00
  • Tax Assessed Value: $6,320,700.00
  • Parcel Number: 3746047013640000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: River Bend
  • High School: Bunker Hill
  • Elementary School: Oxford
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 33000.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 33000
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 33000.0
  • Lot Features: Waterfront
  • Lot Size Acres: 23.9
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: No
  • New Construction YN: No
  • Photos Count: 38
  • Road Responsibility: Publicly Maintained Road, Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed
  • Utilities: SepticAvailable
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Building Features: PrivateRestrooms
  • Exterior Features: OutBuildings, Storage
  • Construction Materials: Brick Full, Brick Partial, Vinyl, Wood
  • Pool Features: None
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Gated, Paved
  • Roof: Architectural, Shingle
  • Other Structures: Workshop
Interior Features
  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Levels: One
  • Cooling: Electric
  • Cooling YN: Yes
  • Heating: Electric
  • Heating YN: Yes
  • Interior Features: SecondKitchen
  • Laundry Features: Common Area
  • Fireplaces Total: 0
  • Fireplace Features: None
  • Fireplace YN: No
  • Foundation Details: Basement, Crawl Space, Slab
  • Basement YN: Yes
  • Basement Features: Daylight
  • Bedroom Main: 35
  • Full Bath Main: 28
  • Half Bath Main: 0
  • Stories: 1
  • Stories Total: 1
Room Information
Room Information
  • Room Count: 2.0
Room 1
  • Room Types: Dining Area
  • Room Level: Main
Room 2
  • Room Types: Primary Bedroom
  • Room Level: Main

Property History for 6692 Valwood Road

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Temporarily Off Market

High Country Association of REALTORS #259669

$7,900,000—
Jan 16, 2026

Withdrawn

TRIAD #1206558

—
Jan 15, 2026

Listed (Active)

High Country Association of REALTORS #259669

$7,900,000—
Jan 15, 2026

Listed (Active)

TRIAD #1206558

$7,900,000—
Jan 15, 2026

Listed (Active)

TRIAD #1206563

$7,900,000—
Jan 15, 2026

Listed (Active)

CANOPY #4334418

$7,900,000—
DateEvent & SourcePrice
01/21/2026

Temporarily Off Market

High Country Association of REALTORS #259669

$7,900,000
01/16/2026

Withdrawn

TRIAD #1206558

—
01/15/2026

Listed (Active)

High Country Association of REALTORS #259669

$7,900,000
01/15/2026

Listed (Active)

TRIAD #1206558

$7,900,000
01/15/2026

Listed (Active)

TRIAD #1206563

$7,900,000
01/15/2026

Listed (Active)

CANOPY #4334418

$7,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6692 Valwood Road

Taxable ValueLand$3,346,000Additions$2,974,700Total$6,320,700
Home Facts
Beds0Total Finished SqFt2,352 SqFtAbove Grade Finished SqFt2,352 SqFtLot Size1,041,084 SqFtStyleSingle Family ResidenceYear Built1959ZoningPDCountyCATAWBAAPN3746-04-70-1364

Schools near 6692 Valwood Road

This home is within Catawba County School District.
Rating
School
Type
Grades
Distance
Oxford Elementary
Public - PK to 6
River Bend Middle
Public - 7 to 8
Bunker Hill High
Public - 9 to 12
Catawba Valley Early College High School
Public - 9 to 12
Rating
School
Distance
Oxford Elementary
PublicPK to 6

River Bend Middle
Public7 to 8

Bunker Hill High
Public9 to 12

Catawba Valley Early College High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6692 Valwood Road, Conover, NC 28613

6692 Valwood Road is a single family home for sale in Conover, NC 28613. This property was listed for sale on January 15, 2026 by True North Realty, it's currently listed at $7,900,000. This listing's school district is Catawba County School District. Nearby schools include Oxford Elementary, River Bend Middle and Bunker Hill High. 6692 Valwood Road is a 35-bed, 28-bath, 33,000 sqft single family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of True North Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/22/2026 12:15 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.