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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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6692 Valwood Rd , Conover, NC 28613
$7,499,000
Est. Payment: $16,664.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 181
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WTRUENR01 - 263295
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Katie Lamboglia , 704-674-0302 True North Realty , 828-307-0099.

Property Type

Commercial Sale

Year Built

1959

County

Catawba

Listing ID

1206563

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Sewer:Septic Tank
Principal Interest
$16,664
Taxes
$4,781

Home Price

$7,499,000

Loan Details

30 yrs
%

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:
$16,664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,664.44 $4,780.61 $0.00 $21,445.06
Yearly $199,973.33 $57,367.35 $0.00 $257,340.68
Total $5,999,200.00 $1,721,020.50 $0.00 $7,720,220.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.