Investment at 6692 Valwood Road, Conover NC 28613
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$7,499,000

6692 Valwood Road, Conover NC 28613
Conover, NC 28613
Listed by Katie Lamboglia
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1959

About this home

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.

Property details

MLS
Triad MLS
MLS #
1206563
Property type
Investment
Subdivision
N/A
Status
Active
Days on market
263
On market date
January 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Oxford Elementary
4.08 mi away · Grades -1-6
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
554
Student:teacher ratio
14.6:1
District
Catawba County Schools
Middle
River Bend Middle
6.62 mi away · Grades 7-8
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
469
Student:teacher ratio
18.0:1
District
Catawba County Schools
High
Bunker Hill High
6.45 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
873
Student:teacher ratio
17.5:1
District
Catawba County Schools

Walkability

Blended score for Conover's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

23
Car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable

Market position

How this listing compares to current activity in Conover, from live MLS data.

On the market 263 days -- 148 more days than Conover's current average of 115 days.
For reference, the median list price across 137 active listings in Conover right now is $309,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$45,310/mo
$1,499,800 down
$5,999,200 loan
Principal & interest$38,911
Property tax (est.)$6,249
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated July 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.