Spacious, subdividable land parcel a short walk from Lake Secession
Sales comparison approach using recent land sales in the area. Adjusted for lake access easement and subdivision potential.
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.
41 Third Ave, Iva, SC 29655
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.
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.
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.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Routine buyer due diligence items; these are not known defects.
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