Investor Opportunity – Rare Lakefront Multi-Property Package! 3 parcels/4 residences. 7259 Nichols Subdivision Rd., 7261 Nichols Subdivision Rd, and 7265 Nichols Subdivision Rd-Unlock the potential of this unique 4-unit income-producing property situated on a beautiful lakefront setting featuring two private docks and scenic water views. Whether you're looking to expand your rental portfolio, create a family compound, or develop a short-term rental retreat, this property offers versatility, charm, and upside potential. The property includes four separate living spaces: First Residence – A spacious 3BR/2BA home (approx. 1,656 sq ft) offering solid bones and room for value-add improvements. Positioned on approximately 0.39 acres, this home serves as the anchor of the property. Residence 2 House – A 2BR/1BA home (approx. 1,376 sq ft), situated on approximately 0.26 acres. Ideal for long-term rental or renovation resale. Original Home – A 2BR/1BA cottage (approx. 972 sq ft) built in 1960, full of character and ready for updates to maximize rental income. Guest House / Carport Apartment –featuring 1BR/1BA (approx. 606 sq ft)—perfect for short-term rental, guest quarters, or additional income stream. Enjoy expansive open green space leading down to the water, mature trees, and two docks providing direct lake access—a rare and highly desirable feature for tenants and guests alike. Lake Seminole awaits you!
For sale
$449,900
7261 Nichols Subdivision Rd, Donalsonville, GA 39845
8beds
4,600sqft
Est.:
Single Family Residence
Built in 1973
-- sqft lot
$450,300 Zestimate®
$98/sqft
$-- HOA
What's special
Direct lake accessLakefront settingTwo private docksScenic water viewsMature treesFour separate living spaces
- 2 days |
- 293 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2026 at 03:59am
Listed by:
Lesley Taylor,
Legacy Realty of Southwest Georgia
Source: Southwest Georgia MLS,MLS#: 15613
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Features: Master Bedroom: Sitting Area
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave Free Standing, Range Hood, Refrigerator, Stove/Oven Electric, Water Heater: 2+, Electric Water Heater
- Laundry: Laundry Closet, Laundry Room
Features
- Wet Bar, Newly Painted, Specialty Ceilings, Walk-In Closet(s)
- Flooring: Ceramic Tile, Wood, New Carpet
- Has fireplace: Yes
- Fireplace features: Fireplace
Interior area
- Total structure area: 4,600
- Total interior livable area: 4,600 sqft
Property
Parking
- Parking features: Carport, Detached, Double
- Has carport: Yes
Features
- Levels: Multi/Split
- Patio & porch: Deck, Porch
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
Details
- Additional structures: Storage, Separate Building for Rent
- Parcel number: See Listing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Cement Siding, Wood Siding, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1973
Utilities & green energy
- Electric: Ga Power
- Sewer: Septic System, Septic System On Site
- Water: Shared Well, Private Well On Site
- Utilities for property: Electricity Connected, Water Connected, Cable Available
Community & HOA
Community
- Subdivision: Pete Nichols Subdivision
Location
- Region: Donalsonville
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $124,474
- Annual tax amount: $1,625
- Date on market: 3/17/2026
- Listing terms: Cash,FHA,VA Loan,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$450,300
$428,000 - $473,000
$1,384/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $449,900+958.6%$98/sqft |
Source: Southwest Georgia MLS #15613 Report a problem | ||
| 9/26/2000 | Sold | $42,500$9/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,625 +4% | $49,790 +1% |
| 2023 | $1,562 +4.3% | $49,298 +4.2% |
| 2022 | $1,497 +11.7% | $47,298 +11.4% |
| 2021 | $1,340 +10.4% | $42,458 +8.6% |
| 2020 | $1,214 +3.6% | $39,081 |
| 2019 | $1,172 +4.6% | $39,081 +5% |
| 2018 | $1,121 +10.4% | $37,215 +5.5% |
| 2017 | $1,015 | $35,277 -5.8% |
| 2016 | -- | $37,449 +5.8% |
| 2015 | -- | $35,382 |
| 2014 | -- | $35,382 +5.9% |
| 2013 | -- | $33,397 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,645/mo
Principal & interest
$2188
Property taxes
$457
More affordability tools
Climate risks
Neighborhood: 39845
Nearby schools
GreatSchools rating
- 6/10Seminole County Elementary SchoolGrades: PK-5Distance: 13.8 mi
- 3/10Seminole County Middle/High SchoolGrades: 6-12Distance: 13 mi
Local experts in 39845
- Georgia
- Seminole County
- Donalsonville
- 39845
- 7261 Nichols Subdivision Rd





