Residential Land for Sale in Banana Island, Ikoyi, Lagos
There are 197 land for sale in Banana Island as of 23 Sep 2026, with an average price of ₦7.8B. 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.
Own a piece of land in the most prestigious estate in Lagos! Original Banana Island Plot Land Size: 1,000 SQM Title: Federal Certificate of Occupancy (C of O) This premium plot is strategically located within the highly sought-in Banana Island, surrounded by luxury residences, world-class infrastructure, top-tier security, and an exclusive community of high-net-worth individuals. Perfect for: Luxury Residential Development High-End Investment Project Exclusive Family Home Price: ₦3.9 Million per SQM (Net) Opportunities like this rarely come to market. Secure this exceptional investment today. Contact us now for inspection and further details.
Banana Island, Ikoyi, Lagos
1000 sqm
Citydiamond Homes and Interiors LTD
Premium
4
$7,000,000
Residential land for sale
Waterfront 2245SQM Land and a House on It
The Ultimate Waterfront Canvas $7M usd Acquire a rare 2,245 m² prime waterfront estate situated at the exclusive 314 Close. Banana island Lagos . This prime piece of real estate features direct water views, an existing structure ready for transformation or redevelopment, and unassailable documentation with dual Lagos State & Federal Titles. Plot Size: 2,245 m² Location: 314 Close Title: Lagos State & Federal Government Title Price: $7.0M usd Perfect for flagship residential mansions, boutique luxury apartments, or private waterfront retreats. Contact us today for direct details and private inspection.
Banana Island, Ikoyi, Lagos
2245 sqm
D&D Properties
Premium
1
₦5,000,000per sq.m
Residential land for sale
852SQM Waterfront Residential Land in a Serene Environment
Waterfront land off 3RD avenue - banana island ______________________________________________ Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.
3rd Avenue, Banana Island, Ikoyi, Lagos
Added yesterday
852 sqm
Verarch Homes Limited
Premium
2
₦5,500,000per sq.m
Residential land for sale
Waterfront Residential Land of 1005SQM or 2235SQM
Waterfront Front Plot of 1005sqm/2235sqm in Banana Island Year 2020 reclaimed and Sandfilled Waterfront Land For sale in Banana Island Area: Residential Zone Size: 1005sqm or 2235sqm Price: 5.5m per sqm Lagos: C of O For Serious enquiries on this property and other plots available in Banana Island call or whatsapp Mickolad on 08136565666,08055008638
Residential Zone, Banana Island, Ikoyi, Lagos
Added yesterday
2235 sqm
Mickolad Real Estate and Property Management
Premium
1
₦5,000,000per sq.m
Residential land for sale
Fantastic Waterfront Plot 852 Square Metres.
For sale Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Land Size: 852 sqm Title: Federal Certificate of Occupancy Topography: 100% Dry, Table Land Price: N5 Million per sqm Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.
Shoreline Estate (Water Front), Banana Island, Ikoyi, Lagos
The Home Properties. a Division of Onozefe Uzuazor Bridget Enterprise
Premium
1
₦5,500,000per sq.m
Residential land for sale
Waterfront Land
Banana Island waterfront plot for sale* Plot measuring 850sqm at 3rd Avenue , J zone Price: N5. 5m/ per sqm Title: Fed G.Consent. Call: kland Realtors 08028836825
Banana Island, Ikoyi, Lagos
850 sqm
Kland Realtors
Premium
₦12,930,000,000
Residential land for sale
Prime Waterfront Residential Land
Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion
Banana Island, Ikoyi, Lagos
3403 sqm
Keland & Associates
Premium
4
₦7,800,000,000
Residential land for sale
1,300 SQM Residential Land
Prime corner piece land for sale banana island Location: Banana Island, Lagos Land Size: 1,300 SQM Price: ₦6,000,000 per SQM Total Price: ₦7,800,000,000 Property Highlights - Premium 1,300SQM corner piece - Prestigious Banana Island location - Excellent frontage and accessibility - Corner positioning offering enhanced visibility and access - Ideal for an ultra-luxury residential development - Suitable for a magnificent private residence - Generous space for landscaping and outdoor amenities - Potential for swimming pool, gym, cinema, private lounge and other luxury facilities - Ample parking space - Secure and serene environment - Surrounded by high-end residences and premium developments - Excellent long-term investment potential - Prime location within one of Lagos' most exclusive residential communities ️ Perfect for Developers, investors or end-users looking to build a statement luxury home in banana island. Price: ₦7.8 Billion For serious enquiries and inspection arrangements, kindly send a DM.
Banana Island, Ikoyi, Lagos
1300 sqm
Apple Properties
Premium
₦18,280,000,000
Residential land for sale
2 Prime Plots of Land
For sale > rare double banana island offer N9.41B + ₦8.87B = ₦18.28B total 2 prime plots FGN C of O The richest zip code in africa is trading (1) Prime residential 310 Close, Banana Island 1,960.540 SQM ₦4.8M per SQM total: ₦9,410,592,000 FGN C of O Build your ultra-luxury waterfront mansion on the most prestigious street in Nigeria. 71 years of generational wealth. (2) Mixed-use cornerpiece Banana Island, Ikoyi Approx 1,970 SQM ₦4.5M per SQM total: ₦8,865,000,000 ️ Highrise Development Approved FGN C of O Corner location. Perfect for Grade-A Tower, 5-Star Hotel, or Mixed-Use that prints cash. Banks will fight to fund this. WHY this won't last: Banana Island plots trade once every few years. 3,930SQM combined with FGN C of O is unicorn-level rare. This isn't just land. It's a monopoly on status + liquidity. For: Serious Buyers. Real Developers. Family Offices Only Proof of Funds Required. No Inspections Without pof.
Banana Island, Ikoyi, Lagos
3930 sqm
Healthy Living Topnotch Properties
ADVERTISEMENT750 × 120
Premium
₦13,000,000,000
Residential land for sale
2, 600SQM Residential Waterfront Land
Exclusive & premium waterfront land - 3RD avenue, banana island N13Billion total 2,600SQM ₦5M per SQM direct waterfront Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Title: Lagos State C of O - Dry, Table Land, 100% Reclaimed Use: Residential / Luxury Waterfront Development WHY this stands out: - Direct Waterfront with unobstructed lagoon views - Serene & Secure estate with 2nd & 3rd Avenue infrastructure - Ready to Build - No sandfilling required Price: ₦5,000,000 per sqm Total: ₦13,000,000,000 Mode: Semi Direct with Owner _Serious Buyers & Developers Only. Proof of Funds Required._ Contact: _Owner's Representatives_ WhatsApp / Call: ️ Y........
3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Healthy Living Topnotch Properties
Premium
1
₦5,500,000per sq.m
Residential land for sale
Land
Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Zone, Banana Island Title: Lagos C of O Land size: 2,235m² Price: ₦5.5M per m²
Banana Island, Ikoyi, Lagos
2235 sqm
Mel Realtors
Premium
1
₦5,800,000per sq.m
Residential land for sale
Residential Land
1,282sqm land Residential Area, Banana Island Title: Lagos C of O Price: ₦5.8m per m² net
Banana Island, Ikoyi, Lagos
1282 sqm
Mel Realtors
Premium
1
₦7,000,000,000
Residential land for sale
Waterfront 1200SQM Land
Waterfront 1200sqm Land @ Shoreline Estate, Ikoyi N7b Title Document is Governor's Consent For further Enquires Please Contact Ahmed Ojikutu & Associates 1,Dele Adedayo Street, Ramat Ogudu GRA, Lagos State. 08037222205, 08051647747, 08098525477 Email: [email protected][email protected] Website:ahmedojikutunassociates.com.ng
Shoreline Estate, Banana Island, Ikoyi, Lagos
1200 sqm
Ahmed Ojikutu & Associates
Premium
1
₦5,000,000per sq.m
Residential land for sale
2,600 SQM Waterfront Land
Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Property Type: Waterfront Land Land Size: 2,600 SQM Price: ₦5 Million per SQM Total Asking Price: ₦13 Billion Title: Lagos State C of O Proposed Use: Residential / Waterfront Development Transaction: For Sale Property Overview This 2,600 SQM waterfront land for sale in Banana Island, Ikoyi, Lagos presents a substantial development opportunity within one of Lagos' most sought-after residential locations. Positioned off 3rd Avenue in Banana Island Estate, the property offers a sizeable land area combined with a direct waterfront position, making it particularly suited to buyers considering a premium private residence or a larger residential development, subject to applicable planning, environmental and development approvals. The property is offered at ₦5 Million per SQM, resulting in a total asking price of ₦13 Billion. Zahari View The defining feature of this property is its waterfront position within Banana Island. With 2,600 SQM of land, the parcel provides significantly more development space than a typical residential plot, potentially giving a private buyer or developer greater flexibility in planning a substantial residential project. For a private buyer, the property may be considered for a large-scale luxury waterfront residence designed around the site's location and waterfront character. For a developer, the land size creates an opportunity to assess a premium residential concept, subject to planning regulations, permitted use, site conditions, environmental considerations and relevant approvals. Property Highlights 2,600 SQM waterfront land Located off 3rd Avenue, Banana Island Estate, Ikoyi ₦5 Million per SQM ₦13 Billion total asking price Lagos State C of O Direct waterfront position Premium Banana Island location Residential / waterfront development potential Suitable for private buyers, developers and strategic property investors Development subject to applicable approvals and regulations Why This Property Deserves Attention Waterfront land in Banana Island commands attention because of the combination of location, land size and waterfront positioning. At 2,600 SQM, this parcel offers a substantial development footprint for buyers seeking more than a conventional residential plot. The property's location within Banana Island also places it within an established premium residential environment, while its waterfront position provides a distinct characteristic that may influence the design, positioning and market appeal of any proposed development. However, the value of a property of this scale should be assessed beyond its headline location. Buyers should consider the site's exact boundaries, planning parameters, waterfront conditions, access, infrastructure and all applicable development requirements before proceeding. Development & Investment Perspective At an asking price of ₦5 Million per SQM, the acquisition represents a significant capital commitment. A developer should therefore undertake a detailed feasibility assessment before committing funds. This should include the proposed development concept, permitted density, building height, setbacks, access, parking, infrastructure, construction costs, professional fees, statutory charges and potential market demand. Because the property has a waterfront position, prospective developers should also undertake appropriate technical and environmental assessments and confirm all applicable requirements governing development along the waterfront. For long-term investors, the property's land size, location, title and future development potential should be evaluated alongside comparable premium land opportunities within Banana Island and the wider Ikoyi market. Investor's Note Prospective buyers are advised to independently verify the property and undertake comprehensive due diligence before making any financial commitment. Key areas of verification should include: Lagos State C of O and title history Survey and exact land dimensions Ownership and transfer history Exact waterfront boundary and site configuration Permitted land use Planning and development regulations Applicable waterfront and environmental requirements Building density and height restrictions Setback and parking requirements Access and infrastructure Applicable government and statutory charges Development feasibility and projected returns Documentation Title: Lagos State C of O Documentation is available for verification. Buyers are advised to engage qualified legal, survey, planning and property professionals to independently verify the title, survey, ownership and development requirements before concluding the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe premium property acquisition should be guided by more than location and asking price. A major land acquisition requires a clear understanding of title, planning, development potential, site characteristics, market positioning and long-term value. This 2,600 SQM waterfront land in Banana Island offers a combination of substantial land size and a distinctive waterfront position that makes it worthy of consideration by private buyers and developers seeking a premium residential development opportunity in Ikoyi. Asking Price ₦5 Million per SQM 2,600 SQM × ₦5 Million = ₦13 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer Property information, pricing, availability and documentation are subject to confirmation and verification. Waterfront development may be subject to additional planning, environmental and regulatory requirements. Prospective buyers should conduct independent legal, survey, planning, environmental and financial due diligence before making any financial commitment.
Off 3rd Avenue, Banana Island Estate, Banana Island, Ikoyi, Lagos
Zahari Properties
Premium
1
₦4,800,000,000
Residential land for sale
900SQM Residential Land
Jord
102 Close, Banana Island, Ikoyi, Lagos
Crown Property Global Consultant
Premium
1
₦5,500,000per sq.m
Residential land for sale
Waterfront Land
Waterfront Land: Banana Island Reclaimed waterfront land in 2020 is available for sale in Banana Island. Area: Residential Area, Title: Lagos Title Land size: 1,230m² Price: ₦5.5M per m² Contact 0809 499 0098 0902 222 0601
Residential Zone, Banana Island, Ikoyi, Lagos
1230 sqm
Ash Properties & Constructions LTD.
Premium
4
₦4,260,000,000
Residential land for sale
Waterfront Residential Land
Outright buyer needed Banana island, waterfront Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.
3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Bourdillon Enterprises
Premium
3
₦5,000,000per sq.m
Residential land for sale
Premium 500 SQM Land in a Close in an Estate
A well cut-out 500SQM land located in a gated Waterfront Close off 3rd Avenue Road, Banana Island Estate, Ikoyi, Lagos available for sale. Price is N5m per sqm ono.
Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
500 sqm
Maxville Intergrated Company
Premium
₦5,800,000per sq.m
Residential land for sale
Prime 1200SQM Land
Prime 1200SQM Land Banana Island, Ikoyi, Lagos Price : 5.8million per SQM Vol 26 6
Banana Island Estate, Banana Island, Ikoyi, Lagos
1200 sqm
Crestforesight Homes & Properties LTD
Showing 1–20 of 197 properties
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Area Guide
About Banana Island, Ikoyi
Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities
It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks
The average price of residential land for sale in Banana Island, Ikoyi, Lagos is ₦7,800,000,000.
Most residential land for sale in Banana Island, Ikoyi, Lagos are priced between ₦3,500,000,000 and ₦12,900,000,000.
The price of the most expensive residential land for sale in Banana Island, Ikoyi, Lagos is ₦28,800,000,000.
The price of the cheapest residential land for sale in Banana Island, Ikoyi, Lagos is ₦1,800,000.
There are 197 available residential land for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
