The demand for lithium is constantly increasing due to its wide range of uses in an excessive number of industrial applications. Typically, expensive lithium-based chemicals (LiOH, LiCl, LiNO3, etc.) have been used to fabricate adsorbents (i.e., lithium manganese oxide) for lithium ion (Li+) adsorption from aqueous sources. This type of lithium-based adsorbent does not seem to be very effective in recovering Li+ from water from an economic point of view. In this study, an innovative nanocomposite for Li+ adsorption was investigated for the first time, which eliminates the use of lithium-based chemicals for preparation. Here, calcium oxide nanoparticles (CaO-NPs), silver-doped CaO nanoparticles (Ag-CaO-NPs), and surfactant (polyvinylpyrrolidone (PVP) and sodium dodecyl sulfate (SDS))-modified Ag-CaO (PVP@Ag-CaO and SDS@Ag-CaO) nanocomposites were designed by the chemical co-precipitation method. The PVP and SDS surfactants acted as stabilizing and capping agents to enhance the Li+ adsorption and recovery performance. The physicochemical properties of the designed samples (morphology, size, surface functionality, and crystallinity) were also investigated. Under optimized pH (10), contact time (8 h), and initial Li+ concentration (2 mg L−1), the highest Li+ adsorption efficiencies recorded by SDS@Ag-CaO and PVP@Ag-CaO were 3.28 mg/g and 2.99 mg/g, respectively. The nature of the Li+ adsorption process was examined by non-linear kinetic and isothermal studies, which revealed that the experimental data were best fit by the pseudo-first-order and Langmuir models. Furthermore, it was observed that the SDS@Ag-CaO nanocomposite exhibited the highest Li+ recovery potential (91%) compared to PVP@Ag-CaO (85%), Ag-CaO NPs (61%), and CaO NPs (43%), which demonstrates their regeneration potential. Therefore, this type of innovative adsorbents can provide new insights for the development of surfactant-capped nanocomposites for enhanced Li+ metal recovery from wastewater.