Property for Sale on Awolowo Road, Ikoyi, Lagos

Flat / apartment for sale

Newly Built 3 Bedroom Penthouse

The headline Old Ikoyi, Ikoyi. 8th Floor. ₦1,800,000,000. Two Elevators. A Rooftop Above Every Flooded Street You've Ever Waded Through. Five Minutes From Victoria Island. Not Forty. Not on the Third Mainland Bridge At All. This Is What You Get When You Stop Renting the Commute And Start Owning the Address. The problem There is a category of Lagos professional whose daily suffering is actually two separate problems that have been allowed to feel like one. The first is the commute. The second is the home you're commuting back to. Most corporate renters in Lagos have accepted a package deal --- a long, punishing drive to work, and a rented property that doesn't even solve the drainage and flooding risk the drive is meant to escape. You leave a flooded street to sit in traffic to arrive at a desk on the Island, then reverse the whole thing in the evening back to a compound you don't own, on a street with the same drainage problems, owned by a landlord who has opinions about your visitors. This listing exists for the professional who has finally separated those two problems and is solving both at once --- not by moving further out, but by moving up. Literally: to the 8th floor, on a street inside Old Ikoyi, five minutes from the Victoria Island corporate corridor most of this target buyer already works in. The agitation Here is the part most Lagos property listings won't tell you honestly, and the part this one will. Ikoyi is not immune to Lagos's drainage problems. It never has been. Government flood advisories in 2026 have named Ikoyi, alongside Lekki, Victoria Island, and several mainland districts, among the areas at recurring risk during heavy rainfall --- the same primary drainage and lagoon-level pressures that affect much of coastal Lagos. Residents on ground-level streets in the area have posted footage of standing water after ordinary rain, and state officials have publicly attributed some of it to rising lagoon levels overwhelming street drainage. We're not going to pretend otherwise. Any agent who tells you Ikoyi ground level "never floods" is not being straight with you. What we will tell you is this: the specific unit in this listing is not at ground level. It's on the 8th floor. Whatever happens to the street below during a heavy rain event --- standing water, blocked drains, a slow afternoon of gridlock while the water recedes --- does not enter this home. That's not marketing language. That's the physical reality of where this unit sits in the building. Now layer on the commute math, because this is where the real cost of deferring shows up. Falomo Bridge --- the link between Old Ikoyi and Victoria Island --- runs 10 to 15 minutes off-peak, 25 to 35 minutes at the worst of rush hour. Compare that to the 40- to 75-minute Third Mainland Bridge crossing that mainland-based renters absorb twice a day, every day, for years. If your job is Island-side --- banking, oil and gas HQ, a tech firm's Lagos office --- an Old Ikoyi address removes the Mainland bridge from your life entirely. Not shortens it. Removes it. The NPC comparables on the market right now show what that combination --- flood-elevated, Falomo-adjacent, newly built --- is actually worth: A 3-bedroom apartment with BQ, fully furnished, Old Ikoyi --- ₦700,000,000. Ground-floor exposure risk, older stock. A 4-bedroom apartment with gym and pool, Ikoyi --- ₦550,000,000. Mid-building, no rooftop. A 2-bedroom apartment with gym and pool, Ikoyi --- ₦550,000,000. Smaller footprint, same mid-building exposure. This listing --- a newly built, 8th-floor penthouse with a rooftop lounge, cinema room, and home office --- ₦1,800,000,000. None of the three comparables above offer the floor elevation, the new-build finish, or the Falomo-adjacent position this unit combines. That combination is the premium, and it's a premium the market hasn't repriced downward once in the last several cycles. The solution a newly built 3-bedroom penthouse, 8th floor, Old Ikoyi. Two elevator access points. A rooftop lounge. A cinema room. A dedicated home office. Boys' quarters. All rooms en-suite. A swimming pool and gym within the building. ₦1,800,000,000. Location, precisely. Old Ikoyi sits inside the Bourdillon-Alexander-Awolowo core --- the original residential heart of Ikoyi, five minutes by road from Victoria Island via Falomo Bridge, and inside the same corridor as the French, Iranian, and Iraqi embassies, the Lagos Deputy Governor's office, and Ikoyi Golf Club. This isn't a developing axis with unproven fundamentals. It's the most established address in Lagos, and this unit sits inside it. The 8th floor, specifically. Above the drainage and flooding exposure that affects ground-level Ikoyi streets during heavy rainfall --- a documented, ongoing issue this listing does not pretend away. You are buying the one thing money in this market can't retrofit onto an existing ground-floor unit: genuine physical elevation above the water table risk. Two elevator access points. Redundancy in daily movement. One unit down for maintenance doesn't strand your household. Rooftop lounge. Private, elevated, above the city --- and, functionally, above any street-level disruption entirely. Cinema room and home office. Two purpose-built rooms your rented apartment never had --- one for the family time your commute has been stealing, one for the international calls that don't respect Lagos office hours. Boys' quarters, all rooms en-suite, a walk-in closet built to scale. Staff housing on your own footprint. Independence for every member of the household. No shared bathroom queue before work. Swimming pool and gym, in-building. No separate commute to access either. 24/7 power, standby generator, borehole, treated water. Utility reliability structural to the building --- not dependent on a landlord's maintenance discipline, and not vulnerable to the drainage issues affecting street-level infrastructure. Layered security --- gate, perimeter fencing, electric fence, CCTV, gateman, intercom, fire safety. The unannounced landlord visit ends here, permanently, because the access chain no longer includes anyone but you. Why this beats the alternatives on the table. A ground-floor or mid-building unit at ₦550M--₦700M saves capital upfront but carries the exact street-level drainage exposure this listing is built to avoid, and none of it comes with a rooftop, a cinema room, or a dedicated office. A house further out on the Lekki-Epe corridor might cost less, but reintroduces the long, unpredictable commute this buyer is trying to eliminate. This unit is the version of Lagos ownership where you don't have to trade one problem for another. The call to action ₦1,800,000,000. Old Ikoyi. 3 bedrooms. 4 bathrooms. 5 toilets. 8th floor. Two elevators. Rooftop lounge. Cinema room. Home office. BQ. Pool. Gym. Five minutes from Victoria Island via Falomo Bridge. The buyer for this unit isn't comparing it to a first rental. They're comparing it to the ₦550M--₦700M ground- and mid-floor units on the same streets --- and to the honest, unavoidable fact that those units carry the exact flood exposure this one is elevated above. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Viewing by appointment. Serious inquiries only. The street below will flood again this rainy season. It has before. The bridge to VI will still be five minutes away, not forty. This is the floor where neither problem reaches you. --- 3 Bedrooms --- 4 Bathrooms --- 5 Toilets --- Penthouse --- Serviced All Rooms En-Suite --- Large Balconies --- Walk-In Closet --- Boys' Quarters --- 2 Elevators Cinema Room --- Home Office --- Rooftop Lounge --- Swimming Pool --- Gym Interior & Finishing: Fitted Kitchen --- pop Ceiling --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power & Utilities: 24/7 Power Supply --- Prepaid Meter --- Standby Generator --- Borehole --- Treated Water Security: Security Gate --- Perimeter Fencing --- Electric Fence --- CCTV --- Security/Gateman --- Intercom --- Fire Safety Location: Old Ikoyi, Ikoyi, Lagos --- 8th floor position; approx. 5 minutes to Victoria Island via Falomo Bridge (off-peak); within the Bourdillon--Alexander--Awolowo Road core Flood Context (Honest Disclosure): Ground-level Ikoyi streets are subject to the same drainage and lagoon-level pressures affecting much of coastal Lagos during heavy rainfall. This unit's 8th-floor position places it above that street-level exposure. Price: ₦1,800,000,000 Posted: 22 July 2026 NPC Comparable Context: 3-bedroom apartment w/ BQ, fully furnished, Old Ikoyi --- ₦700,000,000 4-bedroom apartment w/ gym and pool, Ikoyi --- ₦550,000,000 2-bedroom apartment w/ gym and pool, Ikoyi --- ₦550,000,000 This listing: 3-bedroom new-build penthouse, 8th floor, Old Ikoyi --- ₦1,800,000,000 Listed by: Smilebay Realties Limited --- Ref: #358-478-5

Flat / apartment for sale

3 Bedroom Apartment with BQ

For sale 3 units of spacious and well ventilated 3 bedroom apartment with BQ price: 550m Location: off Awolowo road, Ikoyi. Features Elevator Gym Swimming pool 24/7 electricity and support 24/7 CCTV security Spacious and well ventilated Spacious balcony with ocean view

Land for sale

Land Available

Bareland For Sale: Redevelopable Land, Ikoyi, Lagos A strategic 400sqm plot located off Awolowo Road, South West Ikoyi, Lagos, available for redevelopment. Price: ₦850 million Net Location: Off Awolowo Road, Ikoyi, Lagos 08122903995

Mixed-use land for sale

Bare Land Measuring 400 Square Meters

Redevelopable Land, Ikoyi, Lagos A strategic 400sqm plot located off Awolowo Road, South West Ikoyi, Lagos, available for redevelopment. Price: ₦850 million Net Location: Off Awolowo Road, Ikoyi, Lagos Oku

Mixed-use land for sale

400SQM Bare Land

400sqm . Bareland ready for immediate development. Title: Land Certificate. Price: ₦850 million Net. Location: Off Awolowo Road, South West Ikoyi, Lagos. For inspections and more information, please contact Heights of Splendour Ltd. muAN

Terraced duplex for sale

5 Bedroom Terrace House/Townhouse with BQ

For sale 5 Bedroom townhouses with the following details : Located in a very serene location in Ikoyi, Lagos. Features include : - 5 En-suite bedrooms. - Elevator/Lift. - Ante room/Foyer - Visitor's Toilet. - 2 Living Rooms /family lounges. - Dining area. - Rooftop terrace. - Fully equipped kitchen with a pantry - Laundry area. - Cinema room. - Gymnasium. - Box/storage room. - Study/Home Office. - Boy's quarter (BQ). - Modern fittings and fixtures. - Air conditioners (ACs) fully installed. - Cctv surveillance cameras. - In-built speakers. - Smoke detectors and fire alarm system. Price: ₦1,000,000,000 (One Billion Naira). Title: Governor's Consent, deed of assignment & building approvals. For further enquiries and inspection kindly contact us on 07065266133, 07010281009 Email: [email protected] We have other Listings in Banana Island Estate, Falomo Osborne, Parkview Estate, Old Ikoyi, 2nd Avenue Estate, 3rd Avenue, Abacha Estate, Abdullahi Adamu Estate, Awolowo Road Ikoyi, Banana Island, Bourdillon Road, Cooper Road, Dolphin Estate Estates, Gerrard Road, Grenadines Skyvilla, Mojisola Onikoyi Estate, Osborne Foreshore Estate, Osborne Phase 1, Glover Road, Osborne Phase 2, Queen's Drive, Shoreline Estate

Flat / apartment for sale

Spacious 2 Bedroom Apartment with BQ

Fully Serviced 2-Bedroom Apartment with BQ -- Ikoyi Spacious and well-maintained 2-bedroom apartment with BQ located off Awolowo Road, Ikoyi. Price: ₦500m Amenities: - Swimming pool - Elevator - Concierge service - Kiddies play area - Fully equipped gym

Flat / apartment for sale

3-Bedroom Apartment + BQ

Awolowo Road, Ikoyi. A Pool That Looks Out at the Lagos Lagoon. 3 Bedrooms. BQ. Elevator. Gym. 24/7 Power. C of O. ₦750 Million. 90% Complete. The Price Goes Up When It Finishes. The problem Awolowo Road, Ikoyi, has a price point that the market has established clearly. Comparable 3-bedroom serviced apartments in this neighbourhood are currently listed at ₦900M and ₦1B. Those are the numbers that NPC buyers see when they search Ikoyi apartments. Those are the numbers that have been setting the expectation for what a 3-bedroom in this corridor should cost. ₦750M on the same road --- with a waterfront pool, a BQ, an elevator, a gym, 24/7 power, and a C of O --- does not fit that expectation. It fits the development stage. This building is 90% complete. The developer has priced at the 90% stage, not the 100% stage. That ₦150M to ₦250M gap between this unit and its completed comparables is not a discount for a lesser product. It is the early entry advantage --- the price that exists today and will not exist when the final finishes are in and the building opens. The buyer who moves now buys Awolowo Road Ikoyi at ₦750M. The buyer who waits buys it at a number the developer has not published yet --- but has promised will be higher. The agitation Here is what the Ikoyi apartment market has been doing to the serious buyer who has been watching it from the outside. The ₦1B listing you saw last month. The ₦900M listing before it. The consistently upward movement of the Ikoyi 3-bedroom apartment market that has made the entry price look different every quarter. You are not in a different income bracket from the buyers who entered this market at ₦600M, ₦700M, ₦800M. They moved when a specific window was visible and the entry was below where the market was heading. You are looking at that window right now. Meanwhile the rent continues. Your landlord's renewal is coming. The number will move. You will absorb it because your school run is mapped, your routines are settled, your domestic infrastructure is established in your current address and rebuilding it somewhere else costs time and energy the week does not have. Every absorption is a month of someone else's equity. Every month the Ikoyi waterfront apartment sits 90% complete is a month the developer inches closer to the stage where the price increases. That stage is close. The solution a 3-bedroom serviced apartment on Awolowo Road, Ikoyi --- with a waterfront swimming pool, BQ, elevator, gym, 24/7 power, C of O title, and a completion stage that makes today the correct moment to commit. Here is what the building delivers: Awolowo Road, Ikoyi --- the address that requires no explanation on the Island. Awolowo Road is the primary arterial road of Ikoyi --- connecting the VI boundary to the heart of Ikoyi's residential and commercial core. It is where the upscale boutiques are. Where the private medical practices and law firms of Ikoyi's professional corridor operate. Where the dining options that define Lagos Island evenings are concentrated. This is not a side street off Ikoyi. It is Ikoyi itself --- the main road, the recognised address, the postcode that carries the full weight of the neighbourhood. A waterfront swimming pool. Not a compound pool facing a boundary wall. Not a rooftop pool looking at the building across the road. A waterfront pool --- positioned at the building's lagoon-facing edge, where the water in the pool appears to extend into the Lagos lagoon visible beyond it. Swimming in this pool at 7 AM on a Sunday morning means the Lagos lagoon is the view. The water is in front of you and the water is beyond you and the city is still waking up. That specific experience is not replicated by any other pool in any other Ikoyi apartment listing on the market today. It is this building, this edge, this view. A BQ within the apartment's allocation. Your domestic staff has dedicated accommodation. The apartment's spatial integrity and your household's privacy are maintained permanently. You are not managing a domestic arrangement that competes with your living space. The household is properly configured from day one. An elevator. The building handles vertical movement. You do not negotiate stairs. Groceries, luggage, the laptop bag after a long day --- all managed by the elevator. In a multi-floor Ikoyi apartment building, this converts a physical daily friction into a non-event. A gym inside the building. The fitness infrastructure is available without leaving the address. Before the 7 AM call. After the 9 PM return. The membership you've been maintaining elsewhere, used four times a month, replaced by the gym in the building you own. 24/7 power supply --- backed by a standby generator, prepaid meter, and borehole. The power is on when you arrive. It is on when you leave. It is on when you travel and your household remains in the apartment. The power infrastructure is managed at the building level. It is not your operational responsibility. All rooms en-suite. 3 bedrooms. 3 bathrooms. 4 toilets. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Balconies. Water heater. The apartment is fully specified. Nothing is aspirational. The interior is complete at 90% --- the fittings are in, the rooms are configured, the finishes are in their final stage. You are not buying a shell with a delivery promise twelve months away. You are buying a building at its final stage of completion. Certificate of Occupancy. The strongest individually registered title instrument in Lagos land law. Issued by the Lagos State government in the name of the owner. No derivation process. No upgrade required. Your solicitor verifies it. The transaction proceeds. This is the cleanest title position available for an Ikoyi apartment purchase. 90% complete --- and the developer has confirmed the price increases at 100% completion. This is not a marketing statement. It is the standard pricing behaviour of Lagos development at this stage. The developer has built the building using pre-completion pricing as the acquisition incentive. When the building is done --- when the hoardings come down, the lobby is operational, and the amenities are open --- the price reflects the completed product. That completed price is not ₦750M. It is the number the developer will announce closer to handover. The comparable listings on NPC right now --- ₦900M and ₦1B for similar Ikoyi 3-bedrooms --- tell you the directional range. ₦750M is available today. The window is measurable in weeks, not months. The NPC comparable listings that appear alongside this building today --- ₦1,000,000,000 and ₦900,000,000 for 3-bedroom serviced apartments in Ikoyi --- are fully completed. This building, at ₦750,000,000, is 90% complete. That ₦150M to ₦250M differential is the early entry advantage. It is available now. It closes at completion. Awolowo Road, Ikoyi sits on the waterfront edge of Lagos Island. The building's waterfront position is the same elevation and drainage infrastructure that gives the Ikoyi lagoon-front its consistent flood resistance. The established urban infrastructure of Awolowo Road --- maintained continuously as Ikoyi's primary arterial road --- places this address firmly outside the flood risk categories that affect lower-lying or less-managed Lagos Island addresses. Smilebay Realties does not list properties in flood-prone areas. This building on Awolowo Road, Ikoyi was assessed against that standard before listing. It passed. The call to action Awolowo Road, Ikoyi. ₦750,000,000. 90% complete. Waterfront pool. BQ. Elevator. Gym. 24/7 power. C of O. All rooms en-suite. Balconies. Fitted kitchen. The comparable completed apartments in this neighbourhood are at ₦900M and ₦1B today. This one is ₦750M because it is 90% complete. The developer has stated the price increases at 100%. That is not a distant deadline. It is the next few weeks. The buyer for this apartment has capital ready or a financing arrangement confirmed. They are not forming a view on Awolowo Road Ikoyi for the first time. They know the address. They understand the C of O. They recognise ₦750M for a waterfront pool, Ikoyi address, fully specified apartment at 90% completion for what it is. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The pool faces the lagoon. The price goes up when the building finishes. This is the window. 3 Bedrooms --- 3 Bathrooms --- 4 Toilets --- All Rooms En-Suite BQ --- Serviced Building --- Newly Built Waterfront Swimming Pool --- Lagoon-Facing Elevator --- Gym --- Landscaped Garden --- Ample Parking --- Balconies Interior: Fitted Kitchen --- Air Conditioning --- pop Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet Power: 24/7 Power Supply --- Standby Generator --- Prepaid Meter --- Borehole Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Fire Safety Title: Certificate of Occupancy (C of O) Development Stage: 90% Complete --- Price Increases at 100% Completion Awolowo Road, Ikoyi, Lagos Price: ₦750,000,000 Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment NPC Comparable Context: Similar Ikoyi 3-Bed Serviced Apartments Currently Listed at ₦900,000,000 and ₦1,000,000,000 Listed by Smilebay Realties Limited --- Ref: 3565061

Plaza / complex / mall for sale

Office Building on 5 Floors with Lettable Space of About 350 Square Meters

For sale instruction of property in southwest ikoyi, lagos. Well maintained office building on 5 floors with lettable space of about 350 square meters on land measuring approximately 250 square meters and located Southwest Ikoyi, Lagos. Title: Land Certificate price: N900M 4l5d2 Dada

Semi-detached duplex for sale

750 Sq MTS Land with an Old Semi Detached House on It

For sale at south west ikoyi, lagos: 750 SQ mts plot of land with an old Semi Detached House on it off Awolowo Road. Price: N1.5B

Office space for sale

A Commercial Building in a Good Location

Semi-direct Sale Instruction of Property in Southwest Ikoyi, Lagos. Well maintained office building on 5 floors with lettable space of about 350 square meters on land measuring approximately 250 square meters and located off Keffi Street, Southwest Ikoyi, Lagos. Title: Land Certificate Price: N900M

Flat / apartment for sale

Waterfront Pentflat with Jetty Service

Exquisitely finished,all room ensuite,big rooms, dining area, large living room, furnished kitchen,fitted wardrobes, 24hrs power,24hrs security CCTV cameras, elevator,pool ,gym, jetty, etc 2 units available Distress sale #600m Current market value #750m Also available 2bflat waterfront June2026

Detached duplex for sale

13-Bedroom Detached House

13-Bedroom Detached House for Sale in Ikoyi, Lagos. A spacious 13-bedroom detached house featuring a conference room and 2 boys' quarters, sitting on a land size of 1,500 sqm. Land Size: 1,500 sqm Sale Price: ₦1.2 Billion Title: Land Certificate Location: Off Ribadu Street, Awolowo Road, Ikoyi, Lagos A premium property suitable for luxury residential living, corporate use, or investment purposes.

Mixed-use land for sale

Redevelopable Plot of Land

Redevelopable Land, Ikoyi, Lagos A strategic 400sqm plot located off Awolowo Road, South West Ikoyi, Lagos, available for redevelopment. Price: ₦850 million Net Location: Off Awolowo Road, Ikoyi, Lagos

Detached duplex for sale

A Commercial House on 500SQM

Commercial land for sale

600SQM Land

A land measuring 600sqm off Awolowo road ikoyi with good title 900million

Plaza / complex / mall for sale

Commercial Office Structure on Five Floors, Fully Housing

Sale of Office Block in Ikoyi Commercial Office Structure on five floors, fully housing different business ventures, is available for immediate sale. Landsize: 300sqm Price: N2.5b asking price Title: Land Certificate Status: Fully occupied, notice should be properly given for interior viewings Location: Off Awolowo Road, Ikoyi. Pls, generate your own image with AI Vic

Mixed-use land for sale

Redevelop Able Bare Land

Redevelopable bare Land Situated in a strategic good area. Size: 400sqm Price N850m Tittle Documents: Land Certificate Location: South West Ikoyi Lagos. For Enquiries Contact Babajide Okusaga & Co. 6th floor No77 Awolowo Road Southwest Ikoyi Lagos. Call: 07045360391, 08027547959 08032117012.

Flat / apartment for sale

Well Maintained Luxury 3 Bedrooms Flats, 1 Study Room and 1 Room BQ

Luxury Ikoyi Residence for Sale Description: Experience upscale living in this well-maintained 3-bedroom luxury flat, featuring a study room and 1-room servant's quarters, all with en-suite bathrooms. Facilities: - Swimming pool - Standby lift - Standby generator - Lawn and green areas - Squash court - Long tennis court - Ample car park - 24/7 Security Price: ₦750 million net Location: Off Glover Road, Old Ikoyi, Lagos Contact: Babajide Okusaga & Co. 6th Floor, 2nd Wing, No. 77 Awolowo Road, Southwest Ikoyi, Lagos For more information and inspections, call: 07045360391, 08027547959, 08032117012, 09052195720