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Residential Land for Sale in Ikoyi, Lagos

There are 516 land 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.

1998SQM Residential Bareland for Sale
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1
₦5,000,000,000

Residential land for sale

1998SQM Residential Bareland for Sale

Land for sale 1,998 SQM of Land (BareLand) - Inside a Gated Estate. Title: C of O Location: Old Ikoyi. Price: 5B residential use (Suitable for high rise). Contact: 09043135508

Old Ikoyi, Ikoyi, Lagos Added today
1998 sqm
Dannaproperties
1998 SQMS Land
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2
₦2,200,000 per sq.m

Residential land for sale

1998 SQMS Land

1998 sqm land available for sale in 2nd Avenue Estate, Ikoyi, Lagos. Title: Lagos State C of O

2nd Avenue, Ikoyi, Lagos
1998 sqm
Double Edge Realty and Development Limited
1000 SQM Land Title: Certificate of Occupancy (C of O) .
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₦1,400,000,000

Residential land for sale

1000 SQM Land Title: Certificate of Occupancy (C of O) .

Ikoyi, Lagos Added today
Chamike Nigeria Limited
Land Available
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1
₦4,000,000 per sq.m

Residential land for sale

Land Available

Residential Land Available Forsale at banana island Lagos. Sqm: 4200 Price: 4,000,000/sqm Tittle: Federal C of O For inspection and payment kindly call Effiong on +2348061330319 Ref: Joh

Residential Area, Banana Island, Ikoyi, Lagos Added today
4200 sqm
1digital Agency
Premium Partitioned Land
Premium
7
₦2,700,000 per sq.m

Residential land for sale

Premium Partitioned Land

CWL1518 Premium Partitioned Land in Ikoyi An exceptional opportunity to acquire premium development plots within the prestigious Osborne Foreshore. These partitioned plots are ideal for luxury residential developments, boutique apartment projects, detached homes, or investment purposes in one of Lagos' most sought-after neighborhoods. Available Plots Plot a 775.495 m² Plot B 860.339 m² Plot C 900.001 m² Plot D 1,020.913 m² Price ₦2,700,000 per m² Title Federal Certificate of Occupancy (Federal C of O) Location Highlights Located within the exclusive Osborne Foreshore, offering: Premium Residential Address Excellent Road Network Secure and Well-Planned Environment Proximity to Business Districts Easy Access to Victoria Island and Lekki High-End Residential Community Development Potential Suitable for: Luxury Detached Homes High-End Terraces Premium Apartment Developments Serviced Residences Corporate Residential Projects Investment and Land Banking Investment Highlights Prime Ikoyi Location Federal C of O Title High Capital Appreciation Potential Strong Demand for Luxury Developments Flexible Plot Sizes Excellent Long-Term Investment Value For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 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

Osborne, Ikoyi, Lagos
774 sqm
C W Real Estate
Premium
₦4,000,000 per 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 Added yesterday
2700 sqm
Casa Prime Realty
Land
Premium
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₦5,500,000 per 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 Added yesterday
1200 sqm
1digital Agency
Lovely Fenced and Gated 3100SQM Land in a Secured Residential Estate
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₦10,500,000,000

Residential land for sale

Lovely Fenced and Gated 3100SQM Land in a Secured Residential Estate

This oceanview property is located in a well-fenced and gated 3100sqm of exquisite purely residential land in a well secured estate in Ikoyi. The property is perfect for a private residential villa or a mini estate. selling at N3.4m/sqm Total: ₦10.5B for 3100sqm Agency fees : 5% Title: Certificate of Occupancy If interested , Stephen Aims Real Estate Ltd. +2348023146279

Ikoyi, Lagos
Stephen Aims Real Estate LTD
Premium
₦4,000,000

Residential land for sale

2, 509SQM Land

Land on rumens road, old ikoyi ‎2,509sqm with demolishable structure on Rumens Road, Old Ikoyi ‎Title : Federal CofO ‎Price: N4m per sqm

Old Ikoyi, Ikoyi, Lagos
Kings Property
Premium
₦4,000,000

Residential land for sale

2, 419SQM Available

Land on rumens road, old ikoyi ‎2,419sqm bareland on Rumens Road, Old Ikoyi ‎Title : Federal CofO ‎Price: N4m per sqm

Ikoyi, Old Ikoyi, Ikoyi, Lagos
2419 sqm
Kings Property
Premium Partitioned Land
Premium
7
₦2,700,000 per sq.m

Residential land for sale

Premium Partitioned Land

CWL1518 Premium Partitioned Land in Ikoyi An exceptional opportunity to acquire premium development plots within the prestigious Osborne Foreshore. These partitioned plots are ideal for luxury residential developments, boutique apartment projects, detached homes, or investment purposes in one of Lagos' most sought-after neighborhoods. Available Plots Plot a 775.495 m² Plot B 860.339 m² Plot C 900.001 m² Plot D 1,020.913 m² Price ₦2,700,000 per m² Title Federal Certificate of Occupancy (Federal C of O) Location Highlights Located within the exclusive Osborne Foreshore, offering: Premium Residential Address Excellent Road Network Secure and Well-Planned Environment Proximity to Business Districts Easy Access to Victoria Island and Lekki High-End Residential Community Development Potential Suitable for: Luxury Detached Homes High-End Terraces Premium Apartment Developments Serviced Residences Corporate Residential Projects Investment and Land Banking Investment Highlights Prime Ikoyi Location Federal C of O Title High Capital Appreciation Potential Strong Demand for Luxury Developments Flexible Plot Sizes Excellent Long-Term Investment Value For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 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

Osborne, Ikoyi, Lagos
C W Real Estate
550SQM Bare Land
Premium
1
₦5,000,000 per sq.m

Residential land for sale

550SQM Bare Land

550sqm for sale on Cameroon Road Old ikoyi, title c of o. price: 5m per square meter Contact: 09043135508

Cameron Road, Old Ikoyi, Ikoyi, Lagos
550 sqm
Dannaproperties
2, 000SQM Corner Piece Land for Sale
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 000SQM Corner Piece Land for Sale

Dry Corner piece Land For Sale in Banana Island. Option 2: 2000 sqm - Corner piece (Can be shared by 2 buyers) Price: 4.5M Per square meter Area: Residential Title: CofO Contact: 09043135508

Banana Island, Ikoyi, Lagos
2000 sqm
Dannaproperties
3000SQM Waterfront Land with Existing Jetty
Premium
7
₦3,200,000 per sq.m

Residential land for sale

3000SQM Waterfront Land with Existing Jetty

Waterfront Residential Land measuring 3000 sqm with existing jetty located within Osborne Phase 1, Ikoyi, Lagos. Features include: Water-front Land (with Jetty); Suitable for development of contemporary Block of Apartments; Suitable for development of Single Residence; Well secured estate with efficient access control system; Serene estate housing some of the most luxurious residences within Ikoyi; Flood-free neighbourhood; Good road network with drainages; etc. Sale Price is NGN3,200,000 (THREE million two hundred thousand NAIRA) per square meter. Title is Federal C of O and Governor's Consent. Agency Fee applies. All pricing are as at april 21, 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.

Osborne, Ikoyi, Lagos
3000 sqm
First Colony Real Estate Company LTD
Nicely Located Prime 710SQM of Residential Land
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2
₦2,900,000,000 per plot

Residential land for sale

Nicely Located Prime 710SQM of Residential Land

Secured this dream location for a beautiful residential property in the heart of banana island residential estate. It's 710sqm Price: N4m/sqm ₦2.9B Title: Lagos state C of O Agency fees; 5% If interested, Inquire for more details +2348023146279

Banana Island, Ikoyi, Lagos
Stephen Aims Real Estate LTD
Perfectly Located 500SQM Residential Waterfront Land
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1
₦2,250,000,000

Residential land for sale

Perfectly Located 500SQM Residential Waterfront Land

Nicely located Prime Banana Waterfront land measuring 500sqm Title: C of O Price: N4.5m/SQM Total: N2.250B If interested, Stephen Aims real estate ltd. +238023146279

Banana Island, Ikoyi, Lagos
500 sqm
Stephen Aims Real Estate LTD
Prime Land
Premium
1
₦2,850,000 per sq.m

Residential land for sale

Prime Land

Land measuring 3,551.747m² on Udi street, Osborne phase 1, Ikoyi. Can be sold in smaller portions... Price: ₦2.85M/sqm Title: C of O (Federal)

Phase 1, Osborne, Ikoyi, Lagos
3551 sqm
Signature Global Real Estate
Urgent 540 SQM Plot
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2
₦3,000,000 per sq.m

Residential land for sale

Urgent 540 SQM Plot

Fantastic location,flood free Off aso Parkview right side Also 1200ms available brokgabri July

Eko Street, Parkview, Ikoyi, Lagos
Vallecano Ventures
Residential Land with Existing Structure
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
Plot a: 1, 322SQM
Premium
2
₦4,200,000 per sq.m

Residential land for sale

Plot a: 1, 322SQM

Probyn Street. Old Ikoyi. Two Plots. Over 1,200sqm Each. Lagos State C of O on Both. ₦4,200,000 Per Square Metre. The Residential Interior of Ikoyi's Most Established Address Zone. The problem Old Ikoyi land at scale --- plots of over 1,000sqm on named residential streets with Lagos State C of O --- does not appear on the market with any frequency. The families and institutions that hold land on the established internal streets of Old Ikoyi acquired it at a time when the per-sqm rate was a fraction of today's number. They do not sell because market conditions improve. They sell when specific circumstances create a motivated vendor --- and when they do, the available window for a qualified buyer is measured in weeks, not months. Probyn Street sits in the residential interior of Old Ikoyi. It is not a fringe address, not an emerging area, not a corridor you are betting on. It is one of the established residential streets within the same Old Ikoyi zone that includes Bourdillon Road, Temple Road, Kingsway Road, and Lugard Avenue --- the addresses that have defined the price ceiling of Lagos premium residential land for decades. Two plots of over 1,200sqm each are available today. Both with Lagos State C of O. Both at ₦4.2M per sqm. Both on the same street. The agitation Here is what the Old Ikoyi land calculation has cost every serious buyer who has deferred it. The NPC comparable listings that appear alongside these plots today are instructive: A 2,010sqm plot in Ikoyi with a demolishable structure --- ₦2.5M per sqm. That plot has a structure on it, which adds remediation time and cost before a buyer can build. A waterfront Ikoyi plot with a built-up jetty --- ₦4.6M per sqm. Premium waterfront pricing for a specific asset type. A commercial Old Ikoyi land parcel --- ₦4.3M per sqm. Commercial zoning commands a different development conversation. Probyn Street at ₦4.2M per sqm is residential, clean, below the waterfront rate, below the commercial Old Ikoyi rate, and above the demolishable-structure rate --- which is exactly where a clean residential plot of this calibre on a named Old Ikoyi street should price. The land is bare. No structure to demolish. No commercial zoning complexity. No waterfront premium already baked in. The professional who has been watching Old Ikoyi land pricing knows what this positioning means. The per-sqm rate on Probyn Street is the number that makes sense for what it is. It is not inflated. It is not discounted. It is the correct market price for clean residential land with a Lagos State C of O on an established Old Ikoyi interior street --- today. That price has not been going down. It has not been static. The direction is documented. The solution Two plots of bare residential land on Probyn Street, Old Ikoyi, Ikoyi, Lagos. Both with Lagos State Certificate of Occupancy. Both at ₦4,200,000 per square metre. Available separately or together. Here is the full picture on each: Plot a --- 1,322.680sqm at ₦4,200,000/sqm Total acquisition: approximately ₦5,555,256,000 The larger of the two plots. 1,322sqm of bare residential land on Probyn Street with Lagos State C of O. Over 1,300sqm on a named Old Ikoyi interior street --- the development footprint that accommodates a fully configured private residence of the highest specification, or a boutique multi-unit residential development whose units address the Lagos principal buyer market at the upper end of what this neighbourhood produces on exit. For the developer building a premium residential development: 1,322sqm on Probyn Street supports a building whose exit address is Old Ikoyi. The finished property will be described by its street and its neighbourhood, not just its spec. That address carries the value that the per-sqm acquisition cost is being paid for --- the neighbourhood whose price history, resident profile, and address credibility have been consistent for the length of Lagos's modern real estate market. For the private principal building their home: 1,322sqm is the land of a compound without spatial compromise. The building, the pool, the compound, the BQ, the parking, and the setbacks required by Old Ikoyi's planning standards all fit within this footprint without a single compromise. You commission your architect. You appoint your contractor. The plot is bare and ready for exactly the home you have been designing in your head. Plot B --- 1,200.010sqm at ₦4,200,000/sqm Total acquisition: approximately ₦5,040,042,000 The slightly smaller plot. 1,200sqm --- the standard benchmark for a full-scale private residence or compact multi-unit development in the Old Ikoyi residential corridor. At exactly 1,200sqm, this plot is the cleaner entry figure of the two --- and at ₦5.04B total, is approximately ₦515M below Plot A's total acquisition cost for 122sqm less land. The per-sqm rate is identical. The street is the same. The title is the same. The choice between Plot a and Plot B is a development footprint decision, not a location or title decision. Confirm the specific plot positions on Probyn Street at first contact --- the agent has both a and B available and can clarify which position within the street each plot occupies. Both plots --- what they share: Probyn Street, Old Ikoyi --- the address that belongs to the established residential interior of Ikoyi. Probyn Street is not Bourdillon Road or Kingsway Road --- it is not the headline-facing Old Ikoyi address. It is the interior residential street of the same neighbourhood --- quieter, less trafficked, protected by the character of the surrounding area. The Old Ikoyi address and the Old Ikoyi planning standards apply. The resident profile of the surrounding streets applies. The long-term value trajectory of the established Old Ikoyi sub-zone applies. This is not an approximation of Old Ikoyi. It is Old Ikoyi. Lagos State Certificate of Occupancy --- individually registered, state-issued, the cleanest title instrument available in Lagos residential land law. This is not a Global C of O requiring derivation through a Deed of Assignment. This is not a Federal C of O requiring a different regulatory conversation. This is a Lagos State C of O --- issued by the state government --- individually registered in the name of the current landowner. When you purchase, it transfers to you. There is no upgrade process. No post-purchase application. No conversion step. Your solicitor verifies it. The title transfer completes. The title conversation ends at the Lagos State government. That is where it should end. Bare land --- no demolishable structure, no remediation required, no pre-existing decisions embedded in the plot. Both plots are bare. You commission your architect from day one. Your contractor can mobilise from day one. The timeline between acquisition and breaking ground is determined entirely by your planning and design process --- not by a structure that needs to come down first. The per-sqm rate at ₦4.2M positions both plots competitively within the Old Ikoyi land corridor. The NPC comparables on this page today show waterfront Ikoyi land at ₦4.6M per sqm and Old Ikoyi commercial land at ₦4.3M per sqm. Clean residential land with a Lagos State C of O on an established interior street in Old Ikoyi, at ₦4.2M per sqm, is priced at the correct market rate --- below the waterfront premium and below the commercial land rate, reflecting the residential zoning and the clean-land status accurately. Probyn Street, Old Ikoyi, sits within the most drainage-stable and infrastructure-managed zone of Ikoyi. The original planned residential infrastructure of Old Ikoyi --- the road grading, the drainage systems, the maintained road network --- has been operational for decades. The interior residential streets of Old Ikoyi, including Probyn Street, benefit from the same infrastructure heritage that characterises the neighbourhood's consistent flood resistance. Smilebay Realties does not list properties in flood-prone areas. Both plots on Probyn Street, Old Ikoyi, were assessed against that standard before listing. Both passed. The call to action Two plots. Probyn Street. Old Ikoyi. Lagos State C of O on both. ₦4.2M per sqm. Plot a: 1,322sqm --- approximately ₦5,555,000,000 Plot B: 1,200sqm --- approximately ₦5,040,000,000 Both available separately. Both available together. The buyer for these plots is in one of two positions. A developer whose project requires Old Ikoyi address and who understands what 1,200sqm to 1,300sqm of clean residential land with a Lagos State C of O on Probyn Street means for a development project's exit value. Or a private principal for whom this is the land position on which the home that ends the search will be built --- the one that does not require a compromise, that is designed from scratch, that carries the Old Ikoyi address permanently. Lagos State C of O available for immediate solicitor review on both plots. Site visits arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Probyn Street. Old Ikoyi. Clean land. Clean title. Correct address. Both plots are available now. Plot a: 1,322.680sqm Bare Land --- Residential Probyn Street, Old Ikoyi, Ikoyi, Lagos Price: ₦4,200,000 per sqm Total Acquisition: approximately ₦5,555,256,000 Title: Lagos State Certificate of Occupancy --- Individually Registered Condition: Bare Land --- No Demolition Required --- Ready to Build plot B: 1,200.010sqm Bare Land --- Residential Probyn Street, Old Ikoyi, Ikoyi, Lagos Price: ₦4,200,000 per sqm Total Acquisition: approximately ₦5,040,042,000 Title: Lagos State Certificate of Occupancy --- Individually Registered Condition: Bare Land --- No Demolition Required --- Ready to Build Both plots available separately or together Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment NPC Comparable Context: Ikoyi Waterfront Land at ₦4.6M/sqm --- Old Ikoyi Commercial at ₦4.3M/sqm Listed by Smilebay Realties Limited --- Ref: 3565337

Probyn Street, Ikoyi, Lagos
1200 sqm
Smilebay Realties Limited

Showing 1–20 of 516 properties

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.

Read the full area guide
FAQ

Frequently asked questions

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

The price of the most expensive residential land for sale in Ikoyi, Lagos is ₦5,500,000 per square meter.

The price of the cheapest residential land for sale in Ikoyi, Lagos is ₦1,000,000 per square meter.

There are 516 available residential land for sale in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.