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Residential Land for Sale in Banana Island, Ikoyi, Lagos

There are 238 land for sale in Banana Island as of 16 Oct 2026, with an average price of ₦4.3B. 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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Premium
₦5,500,000 per sq.m

Residential land for sale

Prime 2,000SQM Residential Land

"An exceptional opportunity to acquire 2,000sqm of prime residential land on 223 Close in the prestigious Banana Island, Ikoyi, Lagos. Situated within a designated residential zone, this substantial parcel offers an excellent opportunity for luxury residential development in one of Lagos's most exclusive neighbourhoods. With a Lagos State Certificate of Occupancy (C of O) and a direct-to-mandate transaction, this property presents an attractive prospect for discerning homeowners, developers, and investors seeking a premium land asset in Banana Island. Property Details Property Type: Residential Land Location: 223 Close, Banana Island, Ikoyi, Lagos Land Size: 2,000sqm Land Use: Residential Title: Lagos State Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 Transaction: Direct to Mandate Investment Potential This property is ideal for the development of a luxury private residence or a premium residential project, subject to applicable planning and development approvals. Its substantial land area and prestigious location make it an attractive option for buyers seeking exclusivity and long-term real estate investment potential. Asking Price Price per SQM: ₦5,500,000 Total Asking Price: ₦11,000,000,000 (₦11 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Premium
₦5,500,000 per sq.m

Residential land for sale

Prime 1,997.962SQM Residential Land

"An exceptional opportunity to acquire 1,997.962sqm of prime residential land in the prestigious Banana Island, Ikoyi, Lagos. Situated within a designated residential zone, this substantial parcel offers an excellent opportunity for luxury residential development in one of Lagos's most exclusive neighbourhoods. The property comprises two plots measuring 887.633sqm and 1,110.329sqm, respectively, and is available for purchase as one complete parcel. This makes it an attractive option for buyers seeking a larger site for a luxury residence or an extensive residential development. Property Details Property Type: Residential Land Location: Banana Island, Ikoyi, Lagos Total Land Size: 1,997.962sqm Plot 1: 887.633sqm Plot 2: 1,110.329sqm Land Use: Residential Title: Federal Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 Purchase Option: Entire parcel Investment Potential This property is ideal for discerning homeowners, luxury developers, and investors seeking a substantial residential development site in Banana Island. The combined land area provides greater flexibility for a premium residential project, subject to applicable planning and development approvals. Asking Price Price per SQM: ₦5,500,000 Total Asking Price: ₦10,988,791,000 (Approximately ₦10.989 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Premium
₦7,600,000 per sq.m

Residential land for sale

Prime 1,500SQM Residential Land

"An exceptional opportunity to acquire 1,500sqm of prime residential land on 226 Close, within the prestigious Banana Island, Ikoyi, Lagos. Situated in a designated residential zone, this property offers an excellent site for luxury residential development in one of Lagos's most exclusive neighbourhoods. With a Lagos State Certificate of Occupancy (C of O) and a direct-to-mandate transaction, this property presents an attractive opportunity for discerning homeowners, developers, and investors seeking a premium land asset in Banana Island. Property Details Property Type: Residential Land Location: 226 Close, Banana Island, Ikoyi, Lagos Land Size: 1,500sqm Land Use: Residential Title: Lagos State Certificate of Occupancy (C of O) Price per SQM: ₦7,600,000 Transaction: Direct to Mandate Investment Potential This property is ideal for the development of a luxury private residence or a premium residential project, subject to applicable planning and development approvals. Its prestigious location and substantial land area make it an attractive option for buyers seeking exclusivity and long-term real estate investment potential. Asking Price Price per SQM: ₦7,600,000 Total Asking Price: ₦11,400,000,000 (₦11.4 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Premium
₦6,000,000 per sq.m

Residential land for sale

Prime 1,283SQM Residential Land

"An exceptional opportunity to acquire 1,283sqm of prime residential land in the prestigious Banana Island, Ikoyi, Lagos. Situated within a designated residential zone, this property offers an excellent setting for luxury residential development in one of Lagos's most exclusive neighbourhoods. With a Lagos State Certificate of Occupancy (C of O), the land presents an attractive opportunity for discerning homeowners, developers, and investors seeking a premium property asset in a highly sought-after location. Property Details Property Type: Residential Land Location: Banana Island, Ikoyi, Lagos Land Size: 1,283sqm Land Use: Residential Title: Lagos State Certificate of Occupancy (C of O) Price per SQM: ₦6,000,000 Investment Potential This property is ideal for the development of a luxury private residence or a premium residential project, subject to applicable planning and development approvals. Its prestigious Banana Island location makes it an attractive option for buyers seeking exclusivity and long-term real estate investment potential. Asking Price Price per SQM: ₦6,000,000" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Premium
₦5,500,000 per sq.m

Residential land for sale

Prime 1,110.329SQM Residential Land

"An exceptional opportunity to acquire 1,110.329sqm of prime residential land in the prestigious Banana Island, Ikoyi, Lagos. Situated within a designated residential zone, this property offers an excellent opportunity for luxury residential development in one of Lagos's most exclusive neighbourhoods. The plot forms part of a larger parcel measuring 1,997.962sqm, which is also available for purchase as a single property. This provides flexibility for buyers seeking either an individual plot or a larger site for a more extensive development. Property Details Property Type: Residential Land Location: Banana Island, Ikoyi, Lagos Land Size: 1,110.329sqm Larger Parcel Size: 1,997.962sqm Land Use: Residential Title: Federal Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 Purchase Option: Individual plot or entire parcel Investment Potential This property is ideal for discerning homeowners, luxury developers, and investors seeking a premium residential development site in Banana Island. The option to acquire the entire parcel offers additional scope for a larger residential project, subject to applicable planning and development approvals. Asking Price Price per SQM: ₦5,500,000 1,110.329sqm Plot: ₦6,106,809,500 (Approximately ₦6.107 Billion) Entire 1,997.962sqm Parcel: ₦10,988,791,000 (Approximately ₦10.989 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Banana Island 852SQM Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Banana Island 852SQM Waterfront Land

For sale 852sqm of waterfront land Location: Banana Island, Ikoyi, Lagos Price: N5m per sqm. Title: C of O

Banana Island, Ikoyi, Lagos Added today
852 sqm
Petovat Homes
Premium
₦5,500,000 per sq.m

Residential land for sale

Prime 887.633SQM Residential Land

"An exceptional opportunity to acquire 887.633sqm of prime residential land in the prestigious Banana Island, Ikoyi, Lagos. Situated within a designated residential zone, this property offers an attractive opportunity for luxury residential development in one of Lagos's most exclusive neighbourhoods. The plot forms part of a larger land parcel measuring 1,997.962sqm, providing buyers with the flexibility to acquire either the individual plot or the entire parcel for a more extensive residential development. Property Details Property Type: Residential Land Location: Banana Island, Ikoyi, Lagos Land Size: 887.633sqm Larger Parcel Size: 1,997.962sqm Land Use: Residential Title: Federal Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 Purchase Option: Individual plot or entire 1,997.962sqm parcel Investment Potential This property is ideal for discerning homeowners, luxury property developers, and investors seeking land in one of Lagos's most prestigious residential destinations. The option to acquire the larger parcel provides additional flexibility for buyers considering a substantial residential development, subject to applicable planning approvals. Asking Price Price per SQM: ₦5,500,000 887.633sqm Plot: ₦4,881,981,500 (Approximately ₦4.882 Billion) Entire 1,997.962sqm Parcel: ₦10,988,791,000 (Approximately ₦10.989 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
Prime 852SQM Waterfront — Banana Island, Ikoyi, Lagos
Premium
1
₦5,500,000 per sq.m

Residential land for sale

Prime 852SQM Waterfront

"An exceptional opportunity to acquire 852sqm of prime waterfront land situated off 3rd Avenue in the prestigious Banana Island, Ikoyi, Lagos. Located within a designated residential zone, this property offers an attractive waterfront setting for luxury residential development. Its exclusive location in one of Lagos's most sought-after neighbourhoods makes it an appealing opportunity for discerning homeowners, property developers, and real estate investors. Property Details Property Type: Waterfront Residential Land Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Land Size: 852sqm Land Use: Residential Waterfront Status: Waterfront Property Title: Federal Consent Price per SQM: ₦5,500,000 Investment Potential This property is ideal for the development of an exclusive waterfront residence or other premium residential projects, subject to the necessary planning and development approvals. Its waterfront location, residential zoning, and position within Banana Island make it a desirable acquisition for buyers seeking a prestigious address and long-term real estate investment potential. Asking Price Price per SQM: ₦5,500,000 Total Asking Price: ₦4,686,000,000 (₦4.686 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos Added today
C W Real Estate
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
A Very Good Land Measuring 500SQM Within a Serene Estate — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
2
₦3,000,000,000

Residential land for sale

A Very Good Land Measuring 500SQM Within a Serene Estate

Exclusive listing for sale -- banana island Available for sale is a prime plot measuring 500sqm situated in the residential area of the prestigious Banana Island, Ikoyi. Details: Size: 500 Sqm Title: Lagos State Certificate of Occupancy (C of O) with building approval for full detached house. Price: N3 Billion Net (ONO) For inspection and further enquiries, please contact us on 0802 828 1437, 0702 575 5594, 0809 313 6972, 0903 156 7170

3rd Avenue, Banana Island, Ikoyi, Lagos
500 sqm
Yield Unique Services
900 SQM of Residential Land — Banana Island, Ikoyi, Lagos
Premium
6
₦5,000,000 per sq.m

Residential land for sale

900 SQM of Residential Land

For sale on banana 900sqm Lagos state C of O Price: N5m per sqm

Banana Island, Ikoyi, Lagos
Jenic Real Estate
Residential Land Cornerpiece Plot Measuring 550SQM — Delta Street, Banana Island, Ikoyi, Lagos
Premium
1
₦3,300,000,000 per plot

Residential land for sale

Residential Land Cornerpiece Plot Measuring 550SQM

Banana island ikoyi cornerpiece plot --- quick sale Residential Zone Cornerpiece Plot Location: Delta Street Land size: 550 Sqms Title: Lasg CoFo Price: ₦6m net per sqm Total 3.3B

Delta Street, Banana Island, Ikoyi, Lagos
550 sqm
Dannaagrofarmpropertyhub
Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Waterfront Land

For sale 852sqm of waterfront land Location: Banana Island, Ikoyi, Lagos Price: N5m per sqm. Title: C of O

Banana Island, Ikoyi, Lagos
852 sqm
MR Noble Real Estate Hub
Exquisite Residential Water Front 2300SQM Land — Banana Island, Ikoyi, Lagos
Premium
3
₦4,700,000 per sq.m

Residential land for sale

Exquisite Residential Water Front 2300SQM Land

Lovely waterfront 2300sqm land in the prestigious banana island estate. owner is readily available. Title: Fed C of O Price: N4.7m/sqm Total; N10.5B Agency fee: 5% If interested, Stephen Aims Real estate ltd +2348023146279

Banana Island, Ikoyi, Lagos
2300 sqm
Stephen Aims Real Estate LTD
Premium
₦5,000,000

Residential land for sale

Residential Land

Banana Island 5m per sqm ,900 sqm Zone K

Banana Island, Ikoyi, Lagos
900 sqm
Wilson Communications Interprises
4,300SQM Residential Land — 1st Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦21,500,000,000

Residential land for sale

4,300SQM Residential Land

Exclusively for direct clients only 4,300SQM prime bare land for sale Location: 1st Avenue, Banana Island, Ikoyi, Lagos Financial Summary: Price: ₦5,000,000 per sqm Total Package: ₦21,500,000,000 Asking Property Highlights: - Prime 4,300sqm land parcel - Located on 1st Avenue, Banana Island - Original land - Not newly reclaimed or sand-filled - Suitable for luxury residential or high-value development - Strategic location within one of Lagos' most prestigious residential communities Viewing: Inspection is strictly by appointment Important notice: This property is exclusively available to direct clients only. Agents, brokers, marketers and third-party representatives are respectfully excluded.

1st Avenue, Banana Island, Ikoyi, Lagos
4300 sqm
Knight Angels Realties LTD
Prime 520 SQM Plot with Building Approval — Banana Island, Ikoyi, Lagos
Premium
1
₦2,900,000,000

Residential land for sale

Prime 520 SQM Plot with Building Approval

Residential 520 ms plot Fantastic estate infrastructure development ,let's talk only if you are capable Serviced with: - 24hrs power - tennis court - children play area - gardens - green areas etc

Banana Island, Ikoyi, Lagos
Vallecano Ventures
Premium
₦3,800,000 per sq.m

Residential land for sale

3,403SQM Land

Description: Prime waterfront land measuring 3,403 sqm. Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Let's Deal!

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
3403 sqm
Rosemond Hills Limited
Premium
₦5,000,000 per sq.m

Residential land for sale

852SQM Waterfront Residential Land

Own a rare waterfront land parcel in the prestigious Banana Island, Ikoyi. This 852sqm plot offers an exclusive opportunity to develop a luxury waterfront residence or a high-end investment property in one of Lagos' most affluent and sought-after neighborhoods. Property Details Location: Banana Island, Ikoyi, Lagos Property Type: Waterfront Residential Land Land Size: 852sqm Title: Federal Certificate of Occupancy (C of O) Price: ₦5,000,000 per sqm Property Highlights Prime Waterfront Location Prestigious Banana Island Address Federal Certificate of Occupancy (C of O) Serene & Exclusive Environment Excellent Accessibility Premium Investment Opportunity Suitable Development Options Luxury Waterfront Mansion High-End Private Residence Boutique Luxury Development Executive Family Home Investment Highlights One of Lagos' Most Exclusive Addresses Exceptional Capital Appreciation Potential Secure Federal Title Documentation Strong Demand for Luxury Properties Prime Long-Term Investment Asset Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, private investors, and anyone looking to build an iconic waterfront residence in Banana Island. Price ₦5,000,000 per sqm Location Banana Island, Ikoyi, Lagos Land Size 852sqm Property Type Waterfront Residential Land

Banana Island, Ikoyi, Lagos
852 sqm
Monuel Properties & Co
Premium
₦4,000,000,000

Residential land for sale

1,000SQM Land

This exceptional 1,000sqm parcel of land is located within the prestigious Banana Island, Ikoyi---Nigeria's most exclusive residential enclave. Renowned for its luxury developments, world-class infrastructure, and high-profile residents, Banana Island remains one of the most desirable real estate destinations in Africa. The plot presents an outstanding opportunity for discerning investors, developers, and high-net-worth individuals looking to build a bespoke luxury residence or develop a premium residential project. With strong demand, limited land availability, and consistent capital appreciation, this property offers both exclusivity and long-term investment value. Property Features - Land Size: 1,000sqm - Prime Banana Island Location - Development-Ready Plot - Suitable for Luxury Residential Development - Excellent Road Network - Premium Residential Environment - Secure and Exclusive Community - High Investment Potential - Strong Capital Appreciation Prospects Ideal Buyer This property is ideal for high-net-worth individuals, luxury home developers, private investors, and corporate buyers seeking a prestigious landholding in one of Lagos' most exclusive neighborhoods. Title Federal Certificate of Occupancy (C of O) Price ₦4,000,000 per sqm (Net) Total Asking Price ₦4,000,000,000 Net (Based on 1,000sqm at ₦4,000,000 per sqm) Location Banana Island, Ikoyi, Lagos Land Size 1,000sqm

Banana Island, Ikoyi, Lagos
1000 sqm
Monuel Properties & Co

Showing 1–20 of 238 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 ₦4,260,000,000.

Most residential land for sale in Banana Island, Ikoyi, Lagos are priced between ₦1,600,000,000 and ₦10,200,000,000.

Prices for residential land for sale in Banana Island, Ikoyi, Lagos go up to around ₦28,800,000,000.

Prices for residential land for sale in Banana Island, Ikoyi, Lagos start from around ₦1,600,000,000.

There are 238 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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