Property listing for 41 Third Ave, Iva, SC 29655
For SaleLand

$76,000

41 Third Ave, Iva, SC 29655

4.03-Acre Wooded Corner Lot with Lake Secession Access

Spacious, subdividable land parcel a short walk from Lake Secession

4.03 acres

Lot

About 41 Third Ave

This is not just another vacant parcel — 41 Third Ave is a 4.03-acre, heavily wooded corner lot with tangible lake access and true development flexibility. Located at the intersection of Flat Rock Road and Third Avenue, the property offers dual frontage and a 20-foot recorded easement to Lake Secession, placing boating, fishing and water recreation within easy reach while preserving privacy behind a mature tree canopy.

On the ground you’ll find a gently varied topography framed by hardwoods, municipal water and available gas and electric at the road, and septic for on-site wastewater. The lot configuration and size present a clear opportunity: keep the acreage as a secluded single-home estate or pursue a subdivision into two parcels to capture immediate development value. There are no HOA fees and no city taxes, which adds to the appeal for builders and individual buyers alike.

Practical details matter here. The parcel was recorded as sold on July 7, 2025 for $76,000; assessed land value (2024) remains low, reflecting a meaningful gap between tax assessment and market value. Public access to Lake Secession sits roughly a stone’s throw away (0.1 mile), and downtown Iva’s services and small-town conveniences are about three miles from the lot. Utilities are documented as available (gas, electric) with municipal water and septic noted; ingress and egress come via Flat Rock Rd and Third Ave.

Buyers should view this as a measurable land play in a market that has recently shown strong appreciation. The parcel’s lake easement, corner placement, and the ability to subdivide all contribute to a range of development strategies: build now, hold and appreciate, or split for resale. Because this is vacant land, due diligence is essential — verify zoning, subdivision potential, and easement specifics to confirm access and permitted improvements. For owners seeking a low-maintenance investment with immediate lifestyle upside, this lot delivers both recreational proximity and practical development options.

Home Highlights

4.03-acre wooded corner parcel20-foot easement to Lake SecessionSubdividable potential — possibility to create two parcelsNo HOA fees and no city taxesUtilities available: gas and electric; municipal water; septicSold July 7, 2025 — recorded sale price $76,000

Property Features

Interior Features

  • Vacant, undeveloped wooded parcel
  • No structures present
  • Septic required for on-site wastewater

Exterior & Lot

  • 4.03 acres (175,546 sq ft)
  • Corner lot with frontage on Flat Rock Rd and Third Ave
  • 20-foot recorded easement providing access to Lake Secession
  • Wooded topography suitable for selective clearing or conservation

Location & Neighborhood

  • 0.1 mile to Lake Secession public access
  • Approximately 3 miles to downtown Iva
  • Surrounded by residential and wooded properties
  • Abbeville County jurisdiction; no HOA or city taxes

Walkability & Recreation

  • Walkability Rating: 25/100 — Car-Dependent
  • Lake Secession within walking distance for boating and fishing
  • Nearby country roads for cycling and scenic drives
  • Local green spaces and water access for outdoor recreation

Neighborhood & Location

Iva is a small, service-centered town with easy access to Lake Secession and a rural Upstate South Carolina character. Residents enjoy close proximity to waterfront recreation, while downtown Iva provides essential conveniences and local dining a short drive away. The surrounding area features scattered residential parcels and wooded acreage, offering a quiet lifestyle with opportunities for weekend boating, fishing and country drives. Abbeville County Schools serve the community, and the pace of life here skews toward outdoor recreation and small-town camaraderie.

Market Insights

Abbeville County and the immediate Iva area have seen notable price momentum: median home prices reported at $197,500 as of June 2025, representing a 110.7% year-over-year increase. That sharp appreciation suggests a seller-leaning environment for residential product, and land parcels that provide rare attributes—like lake access—are attracting outsized interest relative to generic lots. Recent local land comps include a 5.9-acre unrestricted parcel near Lake Secession that closed at $68,000 and a 1-acre lot sold for $25,000; both sales closed in mid-2025 and help frame a valuation range for similarly situated acreage. Inventory metrics and average days on market for raw land in Iva are limited, but the rapid appreciation of improved properties indicates tightening supply and rising demand for parcels with recreational or development potential.

For buyers, that translates to a market where competitively priced lake-access lots can move quickly; for sellers, it’s an opportunity to capture premium pricing for standout features. Land-specific considerations—zoning, septic feasibility, and easement access costs—remain decision drivers and should be verified prior to contract. Overall, this property sits in a strong, data-supported growth corridor where scarcity of lake-adjacent acreage elevates its market profile.

Nearby Schools

Dixie High School

High

7/10

Wright Middle School

Middle

6/10

Diamond Hill Elementary School

Elementary

4/10

Walkability & Recreation

85
Recreation

Exceptional lake access with Lake Secession just 0.1 mile away for boating and fishing, plus local country roads and green spaces for walking, cycling and nature outings.

Investment Highlights

  • 4.03-acre wooded lot with potential for subdivision
  • 20-foot easement providing access to Lake Secession
  • No HOA fees or city taxes
  • Located approximately 3 miles from downtown Iva
  • Significant year-over-year property value appreciation in the area

Key Findings

  • Last sold on July 7, 2025, for $76,000
  • Assessed land value of $4,390 as of 2024
  • Median home price in Iva as of June 2025: $197,500
  • Lake Secession offers recreational opportunities nearby

Things to Consider

  • Potential zoning restrictions affecting subdivision plans
  • Limited public transportation options in the area
  • Proximity to Lake Secession may require flood insurance considerations

Opportunity Analysis

The property at 41 Third Ave offers a unique combination of size, lake access, and development potential in a rapidly appreciating market.

Potential Use Scenarios

  • Develop as a single residential estate with private lake access
  • Subdivide into two parcels for dual residential development
  • Hold as a long-term investment to capitalize on area appreciation

Risk Factors

  • Zoning regulations may impact subdivision plans
  • Market fluctuations could affect future property values
  • Potential costs associated with developing access to the lake easement

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$70K

Midpoint

$75K

High

$80K

80% confidence

Sales comparison approach using recent land sales in the area. Adjusted for lake access easement and subdivision potential.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$197,500
1-Year Appreciation+110.7%

Demographics

Iva has experienced steady growth with increasing interest in lakefront properties.

Nearby Points of Interest

  • Lake Secession (0.1 mi)
  • Downtown Iva (3 mi)

Proximity to Lake Secession offers recreational opportunities; downtown Iva provides local amenities and services.

School District

DistrictAbbeville County School District
ElementaryDiamond Hill Elementary School (4/10)
MiddleWright Middle School (6/10)
HighDixie High School (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Lot & Site

Lot Size4.03 acres (175,546 SF)
Topographywooded
FrontageFrontage on Flat Rock Rd and Third Ave

Utilities

Watermunicipal
Sewerseptic
Electricavailable
Gasavailable

Zoning & Land Use

JurisdictionAbbeville County

Allowed Uses

residential
Current Usevacant
Assessor UseVacant Residential

Tax & Sale History

Tax Assessment

Total Assessed$4,390
Land$4,390
Improvements$0
Annual Tax (2024)$1,564

Sale History

2025-07-07$76,000

Sale recorded in Western Upstate MLS

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