  We present sub-arcsecond optical images and low- to moderate-resolution
spectra of the compact, X-ray and optically bright supernova remnant known as
S8 in the nearby dwarf galaxy IC 1613. Deep H$\alpha$ images of the remnant
show a sharply defined crescent shaped nebula, while narrow passband images
reveal a coincident and unexpectedly bright continuum nebulosity exhibiting a
size and morphology like that seen for the remnant's line emissions.
Low-dispersion spectra covering 3600 - 9000 A show numerous low-ionization line
emissions such as [O I] and [Fe II], along with higher-ionization emission
lines including He II and optical coronal lines [Fe VII], [Fe X], [Fe XI], and
[Fe XIV]. This suggests the presence of a wide range of shock velocities from
$\sim$ 50 to over 350 km s$^{-1}$, corresponding to preshock densities of
$\sim1 - 30$ cm$^{-3}$. Higher resolution spectra indicate an expansion
velocity around 180 km s$^{-1}$ with a $\sim45$ km s$^{-1}$ wide central
cavity. H$\alpha$ emission spans rest frame velocities of $+120$ to $-240$ km
s$^{-1}$ and we estimate a total nebula mass of $119 \pm 34$ M$_{\odot}$. We
conclude S8 is a relatively young supernova remnant ($\simeq2700 - 4400$ yr)
exhibiting properties remarkably like those seen in the young LMC remnant N49,
including age, physical size, shock velocities, filament densities, optical
line strengths, X-ray and optical luminosities, and coronal line and continuum
emissions.
