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Pending
    • Price cut: $30K (6/5)
    $399,900

    7261 Nichols Subdivision Rd, Donalsonville, GA 39845

    8beds
    4,600sqft
    : 
    $2,636/mo
    Get pre-qualified
    Single Family Residence
    Built in 1973
    -- sqft lot
    $370,000 Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Direct lake accessLakefront settingTwo private docksScenic water viewsMature treesFour separate living spaces
    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!
    155 days
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    144
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lesley Taylor,

    Legacy Realty of Southwest Georgia

    Source: Southwest Georgia MLS,MLS#: 15613

      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
      Video & virtual tour

      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: $87/sqft
      • Tax assessed value: $145,026
      • Annual tax amount: $1,716
      • 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

        $370,000

        $348,000 - $389,000

        $1,355/mo

        Price history

        DateEventPrice
        7/21/2026Pending sale$399,900$87/sqft
        Source: Southwest Georgia MLS #15613 Report a problem
        6/5/2026Price change$399,900-7%$87/sqft
        Source: Southwest Georgia MLS #15613 Report a problem
        5/10/2026Price change$429,900-4.4%$93/sqft
        Source: Southwest Georgia MLS #15613 Report a problem
        3/17/2026Listed for sale$449,900+958.6%$98/sqft
        Source: Southwest Georgia MLS #15613 Report a problem
        9/26/2000Sold$42,500$9/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,716 +5.6%$58,010 +16.5%
        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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 39845

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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