This exceptionally rare 23+ acre waterfront property on Lake Hickory in Conover, NC, represents a premier investment and development opportunity. Featuring approximately ¾ mile of pristine lakefront, the property combines established campus infrastructure with proven operational history and long-term development potential.
Currently operating as a fully functioning Boys Academy campus, the property demonstrates regulatory viability, utility capacity, and density tolerance for a variety of uses, including institutional, hospitality, residential, or adaptive reuse. Catawba County staff have indicated potential support for rezoning to Residential R-40, enabling luxury estate-style development.
Campus & Facilities:
12 buildings, totaling 33,000+ heated square feet
35 bedrooms / 28 bathrooms, accommodating 65 overnight residents and up to 140 daytime occupants
Central dining hall with fully equipped kitchen
Residential & administrative structures, plus groundskeeper’s residence
Outdoor amenities: zipline with dedicated facilities, floating dock, private beach, and ¾+ mile graveled walking trail
Investment Highlights:
Rare combination of contiguous acreage, lakefront, and established infrastructure
Fully operational campus allows near-term income generation while pursuing redevelopment
Flexible uses: luxury lakefront estates, private residential enclave, destination retreat, wellness/educational campus, or continued institutional operations
Strategic location: 1 min to Hwy 16, 10 min to I-40, 55 min to Charlotte Douglas International Airport
High-barrier-to-entry asset in Lake Hickory with both immediate functionality and long-term upside
Keys / Rooms: 35
Potential Uses: Hospitality, Institutional, Adaptive Reuse, Luxury Residential, Retreats