Nigeria Property Centre

Residential Land for Sale in Banana Island, Ikoyi, Lagos

There are 195 land for sale in Banana Island as of 24 Aug 2026, with an average price of ₦4.5M. 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.

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1–20 of 195 properties for sale

Strategically Located Premium 852 SQMS. Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Strategically Located Premium 852 SQMS. Waterfront Residential Land

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - 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: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. For inspection & documentation WhatsApp / Call: ️ [Your Number]

3rd Avenue, Banana Island, Ikoyi, Lagos Added today
852 sqm
1st Star Properties Nigeria
Rare 2, 270SQM Plot of Land — Banana Island, Ikoyi, Lagos
Premium
7
₦9,100,000,000

Residential land for sale

Rare 2, 270SQM Plot of Land

A large premium expanse of direct waterfront land measuring 2,270 square metres available for sale in Banana Island, Ikoyi --- Lagos most prestigious residential address. Property Details: - Location: Banana Island, Ikoyi, Lagos - Land Size: 2,270 sqm - Title: Certificate of Occupancy (FC of O) - Category: Residential Land - Positioning: Direct Waterfront Description: It is a rare opportunity to acquire a substantial direct waterfront parcel in the heart of Banana Island. Large-format plots of this size are increasingly scarce within the estate. This luxury waterfront plot of land in Banana Island offers premium waterfront frontage within Nigeria's most prestigious residential estate. The land is ideal for: - Ultra-luxury private mansion development - Waterfront estate compound - High-end redevelopment project - Long-term capital appreciation investment Banana Island remains the benchmark for luxury real estate in Nigeria, known for its exclusivity, security, infrastructure, and strong asset value preservation. Serious enquiries and buyers only. Contact us to schedule a tour. About Banana Island, Ikoyi Banana Island is Lagos' most prestigious and exclusive residential address, located in Ikoyi on Lagos Island. Known for its secure, gated environment and meticulously planned infrastructure, it is home to Nigeria's elite, top executives, diplomats, and high-net-worth individuals. The estate features wide roads, underground utilities, reliable power supply, and premium waterfront properties with direct lagoon access. With its privacy, luxury developments, and strong property value appreciation.

Banana Island, Ikoyi, Lagos
2270 sqm
Ejo Properties Limited
Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

Residential Land

Plot measuring 4,200sqm Title: Fed Cofo Price: N4.5m/sqm Davidoko

Banana Island, Ikoyi, Lagos Added yesterday
4200 sqm
Flowtouch Properties
852SQM Water Front Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

852SQM Water Front Land

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. Quad

Off 3rd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
Gui Integrated Concept Limited
804SQM of Developed Land — Facing Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000

Residential land for sale

804SQM of Developed Land

Plot A: 804 sqm of land (Facing Banana Island Road) Title: - Deed of Assignment - Survey - C of O Price: ₦4.5M per sqm Contact 09169725780

Facing Banana Island Road, Banana Island, Ikoyi, Lagos
804 sqm
Danna Properties
Waterfront Residential Land Measuring 852SQM — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land Measuring 852SQM

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - 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: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. For inspection & documentation WhatsApp / Call: 09169725780

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Danna Properties
Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - 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: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. Ipa

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Gillards Property
Waterfront 852SQMS Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Waterfront 852SQMS Residential Land

Outright buyer needed 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
Temisegun Concept Nigeria Limited
852SQM Strategically Located Direct Waterfront Residential Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

852SQM Strategically Located Direct 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 Olajbatdangbe

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
David Moren Property Services
620 SQM & 1, 000 SQM Plots of Land — Parkview Estate., Banana Island, Ikoyi, Lagos
Premium
1
₦1,800,000

Residential land for sale

620 SQM & 1, 000 SQM Plots of Land

Location: Parkview Estate, Ikoyi, Lagos Property Type: Land Available Plot Sizes: 620 SQM & 1,000 SQM Price: ₦1.8 Million per SQM Title: Lagos State Certificate of Occupancy (C of O) Transaction: Sale Property Overview An excellent opportunity to acquire land in Parkview Estate, Ikoyi, one of Lagos' most prestigious and sought-after residential locations. Two plot sizes are currently available --- 620 SQM and 1,000 SQM --- giving buyers the flexibility to select a parcel that suits their intended development and investment plans. Whether you are looking to build a luxury family residence or secure a strategic land asset in Ikoyi, this property offers an opportunity to establish ownership within a premium neighbourhood. Available Plot Sizes & Pricing 620 SQM Plot At ₦1.8 Million per SQM, the 620 SQM plot is suitable for buyers seeking a well-sized parcel for a premium residential development. 1,000 SQM Plot At ₦1.8 Million per SQM, the 1,000 SQM plot provides substantially more development space and is ideal for buyers seeking a larger landholding for a luxury residence or approved development. Title & Documentation The property is offered with a Lagos State Certificate of Occupancy (C of O). As with every significant property acquisition, prospective buyers should conduct appropriate legal, title, survey, and planning due diligence before completing the transaction. Why Consider This Property? Prime Parkview Estate, Ikoyi location 620 SQM and 1,000 SQM options available Competitive asking price of ₦1.8M per SQM Lagos State C of O Suitable for luxury residential development Attractive option for individuals, developers, and investors Opportunity to secure land in an established premium Lagos neighbourhood Zahari View Land opportunities in established premium communities are highly sought after, particularly where buyers are looking for a combination of location, development potential, and documented title. The availability of both 620 SQM and 1,000 SQM options allows buyers to choose according to their development requirements, while the Parkview Estate location provides a prestigious setting for a future property project. Price ₦1.8 Million per SQM Available: 620 SQM 1,000 SQM Secure Your Plot If you are looking to buy land in Parkview Estate, Ikoyi, this is an opportunity to secure a well-positioned plot for your next development. Contact Zahari Properties today for current availability, inspection arrangements, documentation details, and purchase enquiries.

Parkview Estate., Banana Island, Ikoyi, Lagos
Zahari Properties
Land 3, 403 SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Land 3, 403 SQM

Prime Land -- Banana Island, Ikoyi Size: 3,403 sqm Location: Banana Island, Ikoyi, Lagos Title: Federal C of O Price: ₦3.8 Million per sqm Total Price: ₦12.93 Billion Dreff Golde

Banana Island, Ikoyi, Lagos
3403 sqm
Charis Estate
2, 245SQM Waterfront Land with a Structure — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Land with a Structure

Waterfront Property for sale : Banana Island 2,245Sqm waterfront property with a structure on it Location: Residential Area, Banana island Title: Fed & Lag. Titles Price: ₦4.5m / Sqm $chijo

Banana Island, Ikoyi, Lagos
Mapida Homes
Premium Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦3,500,000 per sq.m

Residential land for sale

Premium Waterfront Land

Premium Waterfront Land available for sale in Ikoyi Lagos Location: Banana Island, Ikoyi Size: 1,300 sqm 3.5M per SQM Title: Fed C of O For more information, inspections and easy closing call Tenacious: 08107464741

Banana Island, Ikoyi, Lagos
1300 sqm
Tenancious Realtors and Properties
Premium
₦5,000,000 per sq.m

Residential land for sale

Exclusive Corner-Piece Development Land

Exclusive CORNER-Piece Development Land --- banana island, ikoyi Location: P29, Banana Island, Ikoyi, Lagos Land Size: 1,906 SQM Price: ₦5,000,000/SQM Property Highlights Prime corner-piece development site Excellent development potential Ideal for luxury residential development Secure and exclusive Banana Island environment note: Agency Fee: 10% payable by the purchaser upon successful completion of the sale.

Banana Island, Ikoyi, Lagos
Booma Properties
Premium
₦4,800,000 per sq.m

Residential land for sale

Prime Residential Land Measuring 1, 960.540 SQMS

prime residential land measuring approximately 1,960.540 square meters location: banana island, ikoyi, lagos title: federal C of O price: 4.8 million/sqm

Banana Island, Ikoyi, Lagos
1960 sqm
Pearlworth Investment Limited
Residential Land with Existing Structure — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦28,000,000,000

Residential land for sale

Residential Land with Existing Structure

️ For sale -- prime residential land, banana island, ikoyi a rare opportunity to acquire 6,170sqm of prime residential land within the original layout of Banana Island. One of the largest contiguous plots available, positioned for high value redevelopment and long term capital appreciation. Plots of this size almost never come to market, especially in a location where supply is already fully absorbed. Property Overview - Land Size: 6,170sqm - Prime Residential Zone, Banana Island - ️ Existing Structure on Site (can be retained and remodeled or redeveloped) - Title: Certificate of Occupancy Why This Stands Out - Large scale land holding in a tightly held, high value location - Suitable for remodeling or redevelopment into a luxury estate or units of private residences - Strong scarcity advantage as Banana Island approaches full build out - Clear, bankable title suitable for institutional or private acquisition Price: ₦28,000,000,000 In this market, scale is the real advantage. And land like this does not circulate often. Call to book your private inspection today

Second Avenue, Banana Island, Ikoyi, Lagos
6170 sqm
Ubosi Eleh & Co
Water-Front Land Measuring 2200 SQM — Banana Island, Ikoyi, Lagos
Premium
5
₦4,000,000 per sq.m

Residential land for sale

Water-Front Land Measuring 2200 SQM

2200sqm Water-front Land located within Residential Zone, Banana Island Estate, Ikoyi, Lagos. Features include: Water-front plot; Suitable for Development of Town Houses, Block of Apartments or single Private Residence; etc. Sale Price is NGN4,000,000 (FOUR million NAIRA) per Square Meter. Federal Certificate of Occupancy (C of O). All pricing are as at july 22, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
2200 sqm
First Colony Real Estate Company LTD
500, 700, 852, 1000, 2275 & 3300 Sq MTS Residential Plots — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

500, 700, 852, 1000, 2275 & 3300 Sq MTS Residential Plots

For sale at Banana Island, Ikoyi, Lagos: 500, 700, 852, 1000, 2275 & 3300 sq mts non-waterfront and waterfront parcels of land at Banana Island estate, Ikoyi Price from: ₦4.5m per sq mts

Banana Island, Ikoyi, Lagos
Douglas Okoye & Co
Premium 500 SQM Land in a Close in an Estate — Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
Premium
3
₦5,000,000 per 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
₦3,900,000 per sq.m

Residential land for sale

1000SQM Bare Land

Banana island sales Sales!! Land measuring 1000Sqm located in the residential zone of Banana Island Estate, Ikoyi. Price: N3.9m/sqm(Net)

Banana Island, Ikoyi, Lagos
1000 sqm
Actvision Integrated Resources LTD

Showing 1–20 of 195 properties

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

Read the full area guide
FAQ

Frequently asked questions

The average price of residential land for sale in Banana Island, Ikoyi, Lagos is ₦4,500,000 per square meter.

The price of the most expensive residential land for sale in Banana Island, Ikoyi, Lagos is ₦6,000,000 per square meter.

The price of the cheapest residential land for sale in Banana Island, Ikoyi, Lagos is ₦3,500,000 per square meter.

There are 195 available residential land for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

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