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 Catawaba 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 secluded 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.
| MLS # | 259669 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Year | 1959 |
| Days On Site | 227 |
| Listing Provided By | True North Realty | Katie Lamboglia |
| Bed(s) | 35 |
|---|---|
| Bath(s) | 28 Total |
| SQ Feet | 33,000 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | PD |
| Acreage | 23.90 |
| Water Front | Yes |
| Property View | Yes |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Electric, Three Or More Units |
| Heating Yes / No | Yes |
| Heating | Electric |
| Interior Features | Second Kitchen |
| Appliances | Electric Range, Refrigerator |
| Fireplace Features | None |
| Fireplace Yes / No | No |
| Laundry Features | Main Level |
| Exterior Features | Out Buildings, Storage |
|---|---|
| Roof | Architectural, Shingle |
| Construction Materials | Brick, Vinyl Siding, Wood Siding, Wood Frame |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|---|
| Parking Features | No Garage |
| Utilities | Septic Available |
|---|---|
| Sewer | Septic Tank |
| Tax Annual Amount | 0 |
|---|---|
| Tax Book Number | 3224/1582 |
| State | NC |
|---|---|
| County | Catawba |
| City | Conover |
| Zip Code | 28613 |
| Area | 26 Outside of Area |
| School District | Out of Area |
| Elementary School | Outside of Area |
| High School | Out of Area |
| Listing VS Median (in 28613) | |
Price: $7,499,000 low | high Med: $7,499,000 sqft: 33,000 low | high Med: 33,000 $ / sqft: $227 low | high Med: $227 On site: 227 low | high Med: 227 | |
| State | NC |
|---|---|
| County | Catawba |
| City | Conover |
| Zip Code | 28613 |
| Area | 26 Outside of Area |
| School District | Out of Area |
| Elementary School | Outside of Area |
| High School | Out of Area |
| Listing VS Median (in 28613) | |
Price: $7,499,000 low | high Med: $7,499,000 sqft: 33,000 low | high Med: 33,000 $ / sqft: $227 low | high Med: $227 On site: 227 low | high Med: 227 | |
![]() | $7,499,0006692 Valwood RoadConover, NC 28613 |