There are 2,122 flats, houses, land and commercial properties for sale in Ikoyi. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Direct brief/We have direct instructions from the owner to sell. This Luxury and Premium 5 Bedroom Detached House is nested in the high brew and premium estate of Ikoyi. Location: Ikoyi, Lagos Condition: Newly Built Self Compound. Year Built: 2026 Title Document: - Governor's Consent Available - Approved build plan Available Price: ₦3.5BN Property Features: - Cinema. - Elevator. Central Sound System - Very Spacious Ensuite Rooms. - Spacious living area - Fully equipped kitchens( Wet & dry kitchens) with Refrigerator, Washing machine, cabinets, microwave, Heat Evacuator, Oven, Etc. - Car park - All rooms ensuite - Security house - Walk-in shower - Walk-In Closets - Water heater -Study/Home office - Rooftop terrace - Security house - 2-Room Boys' Quarters - Swimming pool For further enquiries and viewings 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, Glover Road, Bourdillon Road, Cooper Road, Dolphin Estate Estates, Gerrard Road, Grenadines Skyvilla, Glover Road, Mojisola Onikoyi Estate, Osborne Foreshore Estate, Osborne Phase 1, Osborne Phase 2, Queen's Drive, Shoreline Estate
Ultra Luxury 6 Bedroom Fully Detached Duplex with BQ, Cinema and Pool
Ultra luxury 6 bedroom fully detached duplex with bq,cinema and swimming pool in banana island Ikoyi Price :$4.8M
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
3 Parking
Walse Luxury and Properties
Premium
25
$5,000,000
House for sale
Magnificent Luxurious Designed Waterfront 6 Bedroom Detached House
This home offers uninterrupted panoramic ocean-views from every level. Designed for elevated living, this residence features soaring beamed ceilings, expansive windows, multiple living areas, expansive terraces and full smart-home automation. Every detail has been thoughtfully curated to exceed even the most discerning expectations. Welcome home to sophistication, elegance and unparalleled comfort. Description: Magnificent Luxurious Designed Waterfront 6 Bedroom Detached House with Swimming Pool and 2 Rooms Staff Quarters For Sale. Features: - Waterfront Property - Private Swimming Pool - 24hours power supply (located inside a fully serviced mini-estate) - Elevator - In-built speakers connected to all parts of the house - Large anteroom on the ground floor - Chef Gourmet Kitchen with pantry - Designated Dinning room - Cctv camera - Massive living room and bedrooms - Family lounge - Living room, Dinning room, and master's bedroom overlooking the water. - Large balconies - Walk-in Closets - An extra room which can serve as a gym or cinema room - A study room - All rooms en-suite - 2 rooms staff quarters - Private compound with ample parking space - High ceilings and Large windows which allows for great lightings - Located inside a Highbrow Estate with state of the art security, e.t.c. Price Listing: $5 Million Location: Banana Island Estate For Inspection Bookings, kindly Contact Aruofeg Enterprise: 08074577210 or 08057989376
Banana Island, Ikoyi, Lagos
6 Beds
6 Baths
7 Toilets
Aruofeg Enterprise
Premium
26
₦4,900,000,000
House for sale
5 Bedroom Townhouse
CW09135 5 Bedroom Townhouse in Ikoyi Banana Island, Ikoyi, Lagos An exceptional luxury townhouse located in the prestigious Banana Island, offering sophisticated architecture, premium finishes, and state-of-the-art smart home technology. Designed for discerning homeowners, this residence combines elegance, comfort, and privacy in one of Lagos' most exclusive communities. Sale Details Price: ₦4,900,000,000 Additional Charge Agency Fee: 5% Features & Amenities 5 Spacious En-Suite Bedrooms 2 Boys' Quarters (BQ) Private Elevator Full Home Automation System Penthouse Level Family Lounge Adjoining Home Office Swimming Pool Spacious Living Room Fully Fitted Kitchen Pantry Island Countertop Walk-In Closets Laundry Room Box Room Covered Sit-Out Area Integrated Sound System CCTV Surveillance Video Doorbell Security System 5 Dedicated Parking Spaces Secure Gated Estate Highlights Prestigious Banana Island Address Luxury Smart Home Premium Contemporary Design Ideal for High-Net-Worth Individuals Secure Estate with Excellent Privacy Exceptional Investment Opportunity Location: Banana Island, Ikoyi, Lagos a rare opportunity to own a world-class luxury townhouse in Banana Island, offering unparalleled comfort, cutting-edge technology, and an elite lifestyle in Nigeria's most prestigious residential enclave. For more Information, Pricing and Private Viewings Please Contact: Titilayo: +234 707 886 6245 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
C W Real Estate
Premium
₦3,000,000per sq.m
Land for sale
Prime Redevelopment Property Measuring 1, 200 SQM
Prime Redevelopment Property Measuring 1,200 sqm with Existing Structure in Parkview, Ikoyi, Lagos Presenting a rare opportunity to acquire a premium redevelopment property in the heart of the prestigious Parkview Estate, Ikoyi. Strategically located within the highly sought-after Central Parkview (Right Side), this property offers an exceptional investment opportunity in one of Lagos' most secure and exclusive residential communities. Occupying 1,200 square metres with an existing structure on site, the property is perfectly suited for redevelopment into luxury detached residences, serviced apartments, upscale condominiums, or a premium residential project. Its prime location, excellent accessibility, and prestigious surroundings make it an outstanding asset for developers and investors seeking long-term value and strong capital appreciation. This property combines a prime location, a generous land size, and a secure title, making it an excellent acquisition for developers, investors, and high-net-worth individuals seeking to build or expand their real estate portfolio in one of Lagos' most desirable neighborhoods. Property Highlights Prime location Existing structure provides immediate redevelopment potential Well-developed and highly secure gated estate Excellent road network with easy access to Bourdillon Road, Osborne Foreshore, Banana Island, Victoria Island, and Lekki Surrounded by luxury residences, embassies, diplomatic missions, and premium developments Peaceful, flood-free, and family-friendly environment High demand for luxury residential developments Exceptional capital appreciation and rental yield potential Ideal Development Opportunities - Luxury Detached Residence - Twin Luxury Villas - Premium Serviced Apartments - High-End Residential Apartments - Executive Staff Quarters - Private Family Estate - Investment Redevelopment Project Features Premium Residential Location Excellent Accessibility Secure & Well-Planned Estate Ideal for Luxury Residential Redevelopment Strong Investment & Capital Appreciation Potential price : N3,000,000 per square ( NET) * title; Lagos c of o Image code: CPP LD398 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Parkview, Ikoyi, Lagos
1200 sqm
Casa Prime Realty
Premium
₦4,000,000per sq.m
Residential land for sale
Prime Waterfront Land Measuring 2, 700+ SQM Located at Residential Zone
Prime Waterfront Land Measuring 2,700+ sqm Located at Residential Zone in Banana Island, Ikoyi, Lagos This is a rare opportunity to acquire a premium waterfront development site in the prestigious Banana Island at an exceptional distress price. Strategically located in the highly sought-after Residential Zone, this expansive parcel offers an outstanding investment opportunity for luxury developers, institutional investors, and high-net-worth individuals. With breathtaking waterfront potential and situated within Nigeria's most exclusive residential enclave, this property is perfectly suited for a landmark luxury development. Opportunities to secure waterfront land in Banana Island at this price point are exceptionally scarce, making this an investment with significant upside potential. This distress offering presents a unique chance to secure a prime waterfront parcel below prevailing premium market expectations, making it an exceptional acquisition for both immediate development and long-term investment. Property Highlights Prime waterfront location with excellent development potential Situated within the prestigious Residential Zone Ideal for ultra-luxury residential or investment development Surrounded by premium waterfront mansions and world-class developments Secure, serene, and highly exclusive neighborhood Excellent accessibility via the Banana Island road network Strong capital appreciation and rental income potential Rare distress sale offering exceptional value in one of Africa's most prestigious residential communities ** Ideal Development Opportunities - Luxury Waterfront Mansion - Ultra-Luxury Residential Estate - Premium Serviced Apartments - Branded Residences - Luxury Condominium Development - Private Family Compound - Investment Land Banking Title: Lagos State C of O, price N4,000,000 per sqm Survey available Image code: CPP LD397 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Banana Island, Ikoyi, Lagos
2700 sqm
Casa Prime Realty
Premium
₦5,000,000per sq.m
Land for sale
Property Measuring 6060 SQM Land
Property Measuring 6060 sqm Land on Bourdillon Road, Ikoyi, Lagos This is an exceptional opportunity to acquire one of the largest redevelopment sites on the prestigious Bourdillon Road, Old Ikoyi. Spanning an impressive 6,060 square metres, this premium property comprises a block of flats on a substantial landholding, making it ideal for redevelopment into a landmark luxury project. Situated in one of Lagos' most exclusive and high-value corridors, this asset presents an outstanding opportunity for discerning investors, developers, corporate organizations, and institutional buyers seeking a prime address with exceptional long-term value. Whether your vision is an ultra-luxury residential estate, premium serviced apartments, branded residences, a corporate headquarters, diplomatic accommodation, or a mixed-use development, this property offers the scale, location, and prestige to bring it to life. Large land parcels of this magnitude are exceptionally rare, making this property a valuable acquisition with significant redevelopment and appreciation potential. Its strategic location, dual Certificate of Occupancy, and expansive size make it a premium asset capable of delivering exceptional returns for developers and long-term investors alike. Property Highlights Prime frontage on the renowned Bourdillon Road One of the largest available redevelopment sites in Old Ikoyi Prestigious address surrounded by luxury residences, embassies, diplomatic missions, multinational corporations, and high-end commercial developments Excellent road network with easy access to Osborne Foreshore, Banana Island, Victoria Island, Falomo, and the Lekki Peninsula Secure, serene, and highly sought-after neighborhood Existing block of flats offers immediate income potential while redevelopment plans are being finalized Suitable for institutional acquisition, luxury development, or long-term land banking * Ideal Development Opportunities - Luxury High-Rise Apartments - Premium Serviced Apartments - Branded Residences - Ultra-Luxury Condominium Development - Exclusive Residential Estate - Corporate Headquarters - Diplomatic Residences - Boutique Luxury Hotel - Mixed-Use Development - Investment Holding for Future Capital Appreciation Features Prestigious Address Excellent Accessibility High-End Neighborhood Ideal for Luxury Residential or Commercial Redevelopment Strong Capital Appreciation Potential Title; federal & Lagos c of o price: N5,000,000 per sqm Image code: CPP LD396 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Ikoyi, Lagos
6060 sqm
Casa Prime Realty
Premium
1
₦5,500,000per sq.m
Residential land for sale
Land
Just out Forsale at Banana island Lagos. About 1200sqm Available Forsale inside banana island ikoyi Lagos. Price/sqm 5.5m Land Sqm: 1200 Tittle : Lagos C of o Please note this land is in the old area of banana island ....perfect for any kind of Residential Development. For Inspection and payment please call Effiong on +2348061330319 Ref: Johas
Sokoto Street, Banana Island, Ikoyi, Lagos
1200 sqm
1digital Agency
Premium
₦4,700,000per sq.m
Land for sale
Ultra-Prime Development Land Measuring 2, 281 SQMS
ULTRA-Prime Development Land Measuring 2,281 SQMS on bourdillon road, old ikoyi, ikoyi, lagos This is a rare opportunity to acquire an exceptional parcel of land in one of Nigeria's most prestigious and exclusive locations. Positioned on the iconic Bourdillon Road in Old Ikoyi, this premium property offers an outstanding investment for discerning developers, corporate institutions, and high-net-worth individuals seeking to establish a landmark project in Lagos' most coveted neighborhood. Whether your vision is an ultra-luxury residential development, premium serviced apartments, an exclusive corporate headquarters, diplomatic residences, boutique hospitality, or a mixed-use masterpiece, this property presents the perfect canvas for a world-class development. Properties along Bourdillon Road are exceptionally scarce, making opportunities like this highly desirable among institutional investors and private developers. Its strategic location, enduring prestige, and consistent appreciation in land value make this acquisition not just a purchase, but a long-term wealth-building investment. Whether developed immediately or held as a premium land bank, this property offers significant potential for substantial returns. Why This Property Stands Out Located on one of the most prestigious roads in Lagos. Surrounded by luxury residences, embassies, diplomatic missions, multinational corporations, and premium commercial developments. Excellent road network with seamless connectivity to Osborne Foreshore, Banana Island, Victoria Island, Falomo, and the Lekki Peninsula. A secure, serene, and highly sought-after environment known for its exclusivity and enduring property value. Suitable for immediate redevelopment with immense capital appreciation potential. Ideal for investors seeking premium returns in Lagos' luxury real estate market. Ideal Development Options - Luxury High-Rise Residential Apartments - Premium Serviced Apartments - Ultra-Luxury Condominium Development - Exclusive Detached Villas - Corporate Headquarters - Diplomatic Residence - Boutique Luxury Hotel - Mixed-Use Commercial Development - Investment Holding for Future Capital Appreciation Features Prime Road frontage Premium address Excellent accessibility Highly secure environment Ideal for luxury residential or commercial development Prestigious neighborhood Strong investment potential Title : Federal Govt C of O Price N4,700,000 per square meters. Image code: CPP LD395 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112
Old Ikoyi, Ikoyi, Lagos
2281 sqm
Casa Prime Realty
Premium
8
$4,300,000
Detached duplex for sale
Luxury 5 Bedrooms Duplex with Luxury Features
5bedrooms detached house with bq for sale in banana island with elevator, pool etc.. $4.3M
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
4 Parking
London Homes Limited
Premium
10
₦730,000,000
Flat / apartment for sale
Partial Water Views, Spacious 3 Bedroom Apartment
A well-appointed three-bedroom apartment, situated within the exclusive Mojisola Onikoyi Estate on Banana Island, Ikoyi --- one of Lagos's most coveted residential addresses. This generously proportioned residence offers an exceptional opportunity to acquire a full-floor apartment in a secure, low-density building at the heart of Banana Island. The open-concept living and dining area is expansive and luminous, finished throughout in large-format polished marble-effect tiles that reflect natural light across the full depth of the space. The living room comfortably accommodates both a formal lounge and a dining setting, and flows seamlessly onto a private glass-balustrade balcony --- a tranquil outdoor retreat with open water views of the Lagos Lagoon and Ikoyi Bridge. The kitchen is fitted with white gloss cabinetry, integrated appliances including a built-in oven and washing machine, a stainless steel sink, and a charming breakfast nook framed by a bespoke black-steel glass display cabinet with ambient under-lighting --- a distinctive design feature that sets this unit apart. Recessed ceiling lighting and a tray ceiling detail complete the kitchen's refined aesthetic. All three bedrooms are en-suite, each finished with the same polished marble-effect tiling carried throughout the apartment. The primary bedroom is generously sized, featuring large windows with sheer drapes that fill the room with natural light, a full-height mirrored wardrobe, and a private en-suite bathroom with a glass-enclosed rain shower and overhead rainfall head. The secondary bedrooms are equally well-proportioned and serviced by clean, well-maintained bathrooms with matching marble-effect wall and floor tiling. Building amenities include a swimming pool, modern elevator access, 24-hour professional security, treated water supply, and ample parking. The development is set within the gated and secured Mojisola Onikoyi Estate, offering residents the privacy and peace of mind that defines Banana Island living, with direct connectivity to Victoria Island, Lekki, and the Third Mainland Bridge. Building Amenities: - Swimming pool - Modern elevator access - 24-hour professional security - Treated water supply - Ample parking
Mojisola Onikoyi, Ikoyi, Lagos
3 Beds
3 Baths
4 Toilets
2 Parking
Trustcrow Digital Nigerial Limited
ADVERTISEMENT750 × 120
Premium
21
₦2,200,000,000
Semi-detached duplex for sale
Luxury 5 Bedroom Semi-Detached House with BQ, Office Space, & Rooftop
Luxury 5-bedroom semi-detached house with Boys' Quarters, office space, and rooftop terrace, located in the prestigious Banana Island, offering exceptional comfort, elegance, and modern living. Location: Banana Island, Lagos Price: ₦2,200,000,000 Title: C of O Comes With: - Boys' Quarters - Office space - Rooftop terrace - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Luxury finishing ----------------------------------------------- For inquiries & inspection bookings: Call or send a DM to Tosin ExceptionalREALTOR on: +234 810 325 4940 (Call & WhatsApp). +234 911 752 2849 (Call & WhatsApp).
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
Wincovers Realty LTD
Premium
22
₦2,200,000,000
Semi-detached duplex for sale
Luxury 5-Bedroom Semi-Detached House + BQ, Office, Rooftop Terrace
5-Bedroom Semi-Detached House with BQ - Banana Island - ₦2.2BN For Sale: Luxury 5-bedroom semi-detached house with Boys' Quarters, office space, and rooftop terrace, located in the prestigious Banana Island, offering exceptional comfort, elegance, and modern living. Location: Banana Island, Lagos Price: ₦2,200,000,000 Title: C of O Comes With: Boys' Quarters - Office space - Rooftop terrace - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Luxury finishing For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Ikoyi (Banana Island, Mojisola Onikoyi, Osborne Foreshore Estate, Parkview Estate, Dolphin Estate, Gerrard Road, Bourdillon Road, Alexander Avenue, Glover Road, Lugard Avenue, Copper Road, Moseley Road, Ojora Road, Aromire Road)
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
3 Parking
Idealplace_properties
Premium
25
₦1,400,000,000
Flat / apartment for sale
Luxury Furnished 3-Bedroom Apartment with BQ
Experience refined luxury in this beautifully furnished 3-bedroom apartment with Boys' Quarters, perfectly situated in the prestigious Banana Island. Boasting elegant interiors, premium finishes, and world-class lifestyle amenities, this exceptional residence offers the ideal blend of comfort, sophistication, and exclusivity. Location: Banana Island, Lagos Price: ₦1,400,000,000 Title: C of O Features & Amenities: Fully furnished - Boys' Quarters - Waterfront view - Swimming pool - Gym - Sit-out lounge - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Luxury finishing Payment Plan: Outright payment upon completion of documentation. Send a DM or call to schedule a private inspection.
Banana Island, Ikoyi, Lagos
3 Beds
4 Baths
4 Toilets
4 Parking
House Davanni Realty LTD
Premium
10
₦2,200,000,000
Detached duplex for sale
Luxury 5 Bedroom Detatch Duplex
5-Bedroom Semi-Detached House with BQ - Banana Island - ₦2.2BN For Sale: Luxury 5-bedroom semi-detached house with Boys' Quarters, office space, and rooftop terrace, located in the prestigious Banana Island, offering exceptional comfort, elegance, and modern living. Location: Banana Island, Lagos Price: ₦2,200,000,000 Title: C of O Comes With: Boys' Quarters - Office space - Rooftop terrace - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Luxury finishing
Banana Island, Ikoyi, Lagos
5 Beds
6 Baths
6 Toilets
Lameksrealtors
Premium
15
₦2,200,000,000
Detached duplex for sale
Luxury 5 Bedrooms Semi-Detached House with BQ & Roof Top Terrace
5-Bedroom Semi-Detached House with BQ - Banana Island - ₦2.2BN For Sale: Luxury 5-bedroom semi-detached house with Boys' Quarters, office space, and rooftop terrace, located in the prestigious Banana Island, offering exceptional comfort, elegance, and modern living. Location: Banana Island, Lagos Price: ₦2,200,000,000 Title: C of O Comes With: Boys' Quarters - Office space - Rooftop terrace - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Luxury finishing. DV
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
6 Toilets
4 Parking
Tents N Castles LTD
Premium
19
$3,000,000
Flat / apartment for sale
Ocean View 4-Bedroom Penthouse Apartment with 2 Maid's Room
Ocean view 4-bedroom Penthouse Apartment with 2 maid's room (The size of 2 4 beds combined) Fully Serviced available on the 9th floor, with other 4-bed options available on the 6th, 9th, and 11th floors, in the commercial part of Banana Island, overlooking the Ocean, with functional spaces and a balcony. Amenities include a Jetty, Kids' play area, Olympic-sized pool for adults and kids overlooking the ocean, fully Fitted Gym, Elevator, and adequate parking. Landmarks include Shoreline Estate, Ikoyi Link Bridge, Ikoyi Club, Boat Club, etc. Prices: $3m 1st floor 3bed $950k 6th floor. :$1.1m 11th floor: $2m Title: C of O/Deed of Assignment Location: Banana Island, Ikoyi, Lagos amenities: - Central water treatment plant and individual storage - Excellent drainage system - 24-hour power, Security - 2 Gen-sets for backup power. - Jetty - Fitted wardrobe and cabinets. - Olympic-size swimming pool for Adults and Kids - Fiber internet Connectivity - Fully Equipped Gym - Elevator - Kids Play Area - Adequate Parking - Two living rooms
Banana Island, Ikoyi, Lagos
4 Beds
5 Baths
6 Toilets
3 Parking
D&D Properties
Premium
16
₦6,000,000,000
Detached duplex for sale
Elegantly Finished and Furnished Residence
For sale Luxury & Exclusive Fully Detached Residence Location: Banana Island, Ikoyi, Lagos Property Features 5 Spacious En-suite Bedrooms Private Home Office Cinema Room Elegant Dining Area 2 Spacious Living Rooms 2 Fully Fitted Kitchens 2 Boys' Quarters (BQ) Private Swimming Pool Fully Equipped Gym Private Elevator 10,000-Litre Water Storage System Parking Space for 8--10 Cars Property Details Land Size: 520 SQM Structure: 3 Floors Title: Certificate of Occupancy (C of O) Condition: Elegantly Finished & Fully Furnished *Asking Price: ₦6,000,000,000 (Six Billion Naira
Banana Island, Ikoyi, Lagos
5 Beds
5 Baths
8 Parking
Wegsy Property
Premium
₦5,000,000,000
Land for sale
900SQM Corner Piece Land
900sqm corner piece land for sale in Banana island at Price 5B, Lagos state title Stel
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Premium
25
$2,500,000
Terraced duplex for sale
5-Bedroom Terraced Duplex
Banana Island. $2.5 Million. A Terrace With Its Own Gate. Its Own Compound. Its Own Rooftop. A Jetty at the Water's Edge. C of O. Elevator. 2-Room BQ. The Most Accessible Price Point on the Island. The problem Banana Island has two categories of buyer conversation. The first is the one most people assume happens at this address --- the buyer with unlimited capital and no constraints. The fully detached compound. Four walls to themselves. The price that reflects the fullest possible claim on the island's address. The second is the conversation that actually happens for the majority of serious principals who want this island, this controlled access, this resident profile, this lagoon context --- and who are making a deliberate and rational choice about which specific product type gives them the address they want at the price their capital is structured for. This listing is for the second conversation. $2,500,000. Banana Island Estate. A terraced duplex --- five bedrooms, six bathrooms, seven toilets, an elevator, a rooftop, a 2-room BQ, a self-compound with a gate, parking for four cars, and access to a common swimming pool and a jetty at the island's water edge. One shared wall with one neighbour. Everything else --- the compound, the gate, the parking, the rooftop, the BQ, the elevator, the 2 living rooms --- is private, configured, and yours. The question is not whether Banana Island is the right address. The question is whether this is the right product at the right price point to make the decision today. The agitation Here is what the Banana Island deliberation costs the principal who has been circling this address without committing. Every comparable that has sold on this island in the past 24 months has sold at a higher number than the one before it. The island is finite. The supply is constrained. The resident profile --- the families, the diplomats, the multinational heads, the intergenerational wealth --- does not leave frequently and does not sell at discounts. The island's track record of absorbing naira devaluations, inflation cycles, and political uncertainty without sustained price correction is not speculative. It is documented. The NPC comparables visible today frame the position clearly: A 5-bedroom fully detached duplex in Old Ikoyi --- ₦2.3B (approximately $1.67M). Not on Banana Island. A 5-bedroom Ikoyi mansion --- ₦3.5B (approximately $2.54M). Not on Banana Island. This listing --- 5-bedroom terraced duplex, Banana Island Estate, C of O, jetty, elevator, rooftop --- $2.5M. The Banana Island premium over Old Ikoyi is the controlled access bridge, the island's managed resident environment, the lagoon adjacency, the jetty, and the specific social and security infrastructure that no mainland or non-island Ikoyi address can replicate. That premium is in this price. Every month the principal defers this decision on Banana Island, the market reflects the scarcity that the island's finite land and constrained supply consistently produce. The $2.5M terraced entry is the island's most accessible current price point. It is today. The solution a 5-bedroom terraced duplex in Banana Island Estate, Banana Island, Ikoyi. Self compound. Private gate. Rooftop space. Elevator. 2-room BQ. 2 living rooms. Parking for 4 cars. Common swimming pool and jetty. Certificate of Occupancy. 24/7 power. Full security infrastructure. $2,500,000. Here is what each element delivers --- and what sets this unit apart from both the island's fully detached options and every comparable property priced below this listing: Banana Island Estate --- the island that needs no introduction. Controlled vehicle access at the bridge. A managed residential environment. A resident profile that has defined the upper tier of Lagos's professional, diplomatic, and corporate life for over two decades. The NPC area guide describes it correctly: exclusive, prestigious, with the specific combination of planned infrastructure and curated community that no other Lagos address has replicated. Saying your address is Banana Island requires no further explanation --- in Lagos, in Abuja, or in any international city where the people who live here also have addresses. A terraced duplex with a self compound and a private gate. This is the distinction that separates this unit from a standard apartment building. The compound is self-contained. The gate is private. Your vehicle enters through your own gate, parks in your own compound, and the perimeter of your immediate environment is yours to manage. The one shared wall --- the wall between this terrace and the adjacent unit --- is the only point of physical adjacency with any neighbouring property. Everything else in the land parcel is your compound. That is the terraced duplex configuration that makes a $2.5M price point possible on Banana Island while delivering the private compound experience that the island's fully detached options offer at higher prices. A rooftop space. Accessed from the top floor of the terrace. Private, open, elevated above the Banana Island Estate environment. The specific use of this space is the occupant's to define --- an outdoor lounge, a garden, an entertainment platform, a quiet private elevation with the island's residential landscape and the Lagos lagoon visible in every direction. A rooftop above a private compound on Banana Island, at any price, is an architectural feature that most island properties at any price tier do not offer. An elevator. The building handles vertical movement across all floors. Groceries, luggage, your briefcase after a long day, an elderly parent --- the elevator manages it. In a multi-floor terrace, an elevator converts the building from one that requires stair management to one that simply responds. A jetty. This is the feature that has not appeared in any previous listing across this fifty-two-entry portfolio --- and it is specific to the Banana Island context in a way that no other address in Lagos can replicate. A jetty means water access. The ability to arrive at the property by boat. The lagoon that surrounds Banana Island is accessible from this residence at the jetty level. For the resident who uses water transportation --- speed boats, water taxis, the leisure boats that operate in Lagos's lagoon --- the jetty is a functional daily access point, not a scenic feature. For the social host whose guests arrive from the mainland via water, the jetty is the reception point. On Banana Island, a jetty is the architecture of a life that fully uses the island's primary geographic advantage. A common swimming pool. Shared within the estate's community rather than private to this unit --- which is the corresponding arrangement for the terrace configuration versus a fully detached compound. The pool is available to residents. On Banana Island, where the island itself is managed at community level, a common pool within a well-secured, curated residential estate is a different experience from a shared pool in a standard Lagos apartment building. The environment that surrounds the pool is the estate. The residents who share it are the island's residential community. 2 living rooms. Ground floor social space for receiving guests and hosting at scale. Upper floor family lounge for the private, at-ease version of the household's social life. The separation between public and private social space --- a recurring differentiator throughout this series --- is built into the floor plan here. Both living rooms exist because the developer understood that a 5-bedroom Banana Island home operates at two different social registers simultaneously. 5 bedrooms. 6 bathrooms. 7 toilets. All rooms en-suite. 2-room BQ. Every occupant in this household wakes up to a private bathroom. The 2-room BQ means two dedicated domestic staff quarters --- the household operates with properly configured domestic infrastructure, not compromised arrangements. Seven toilets across the building mean no common area access to bedroom floors for guests. Fitted kitchen. Air conditioning. Pop ceilings. Built-in wardrobes. Tiled floors. Water heater. Guest toilet. The interior finish is complete. Move in. Nothing requires commissioning or sourcing. The property is configured. 24/7 power supply --- standby generator, prepaid meter, borehole, treated water, high-speed internet. Power is continuous and managed. Water is treated and stored. Internet is confirmed. The utilities are operational. Security --- layered and Banana Island-level comprehensive. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV. Security gateman. The building's security layers sit within the island's own controlled access security. The bridge is the island's first perimeter. The estate's perimeter is the second. This compound's security is the third. Three independent levels of access control protect this residence. Certificate of Occupancy. The title is individually registered, Lagos State-issued, confirmed, and available for solicitor review today. No upgrade path. No derivation chain. The title is done. $2,500,000 --- approximately ₦3,444,800,943 at current exchange rates. Dollar-denominated. The asset retains its dollar value regardless of naira movement. The entry price for a Banana Island residential address with a C of O, elevator, rooftop, jetty, private compound, and 2-room BQ --- in the most supply-constrained residential address in West Africa --- is $2.5M today. Banana Island does not flood. The island's planned drainage infrastructure, combined with its elevation above sea level and its position above any flood risk scenario that has affected Lagos in recorded history, make it the most physically secure residential address available in Lagos. Smilebay Realties does not list properties in flood-prone areas. This property on Banana Island Estate was assessed against that standard before listing. It passed. The call to action $2,500,000. Banana Island Estate. 5 bedrooms. 6 bathrooms. 7 toilets. Elevator. Rooftop. Jetty. Private compound with gate. 4-car parking. 2-room BQ. 2 living rooms. Pool. C of O. This is the Banana Island residential entry point that is accessible today. The buyer for this property is not comparing it to a house in Lekki or a duplex in Osapa. They are comparing it to the fully detached Banana Island options that are priced $100,000 to $1,000,000 above it --- and deciding whether the one shared wall of a terraced configuration on the island is the correct trade-off for the price differential. For most principals whose capital is structured at $2.5M, the answer is yes. The address is the island. The compound is private. The rooftop is there. The jetty is at the water. The title is clean. One call. C of O available for immediate solicitor review. Viewing by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Banana Island. $2.5 million. The jetty is at the water's edge. The rooftop is above the island. The title is done. This is the one. 5 Bedrooms --- 6 Bathrooms --- 7 Toilets --- Terraced Duplex --- Serviced All Rooms En-Suite --- Self Compound --- Private Gate --- 4-Car Parking 2 Room BQ --- 2 Living Rooms --- Elevator --- Rooftop Space Common Swimming Pool --- Jetty (Water Access) --- Gym 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 --- Treated Water --- High-Speed Internet Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman Title: Certificate of Occupancy --- Individually Registered --- Available for Immediate Solicitor Review Banana Island Estate, Banana Island, Ikoyi, Lagos Price: $2,500,000 (approximately ₦3,444,800,943 at current rates --- naira equivalent subject to exchange rate fluctuation) Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 12, 2026 NPC Comparable Context: 5-bedroom fully detached Ikoyi duplex --- ₦2,300,000,000 (not on Banana Island) 5-bedroom Ikoyi mansion --- ₦3,500,000,000 (not on Banana Island) This listing: Banana Island Estate terraced duplex --- $2,500,000 --- island address, jetty, C of O Listed by Smilebay Realties Limited --- Ref: 3568002
Banana Island Estate, Banana Island, Ikoyi, Lagos
5 Beds
6 Baths
7 Toilets
Smilebay Realties Limited
Premium
3
$3,500,000
House for sale
6-Bedroom Luxury Villa Within an Ongoing Residential Development
Units of 6-bedroom luxury Villa within an ongoing residential development in Banana Island Features - Within a gated community - Being built to high standard - All ensuite - Generous living spaces - Lots of natural light /ventilation - On 4 level (Ground and 3 upper floors) - Ample parking space - Elevator - Back up power plant - CCTV /Corporate security Note: Price - Payable in Naira
Banana Island, Ikoyi, Lagos
6 Beds
6 Baths
7 Toilets
4 Parking
Theo Halim Associates (Estate Surveyors & Valuers)
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Area Guide
About Ikoyi, Nigeria
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.
There are 2,122 available flats, houses, land and commercial property for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
