Nigeria Property Centre

Residential land for sale

Water-View Land with C of O Title in Gated Estate

Lekki Phase 1, Lekki, Lagos
₦4,984,000,000
#375-555-0 2 Nov 2026
WhatsApp
4,984 m² Plot size
Residential Property type

About this property

Prime Water-View Land For Sale in Lekki Foreshore Estate, Lekki Phase 1, Lagos 4,984 SQM C of O Title ₦1 Million per SQM Total: ₦4.984 Billion Property Overview

  • Location: Lekki Foreshore Estate, Lekki Phase 1, Lagos.
  • Land Size: 4,984 SQM.
  • Title: Certificate of Occupancy (C of O).
  • Asking Price: ₦1,000,000 per SQM.
  • Total Asking Price: ₦4,984,000,000 (≈ ₦4.984 Billion).
  • Key Feature: Water-view bare land.
  • Status: Vacant, titled land, ready for immediate development.

Key Highlights

  • Massive Institutional-Scale Parcel: Nearly 5,000 SQM of contiguous land in Lekki Phase 1 is exceptionally rare. This allows for a landmark master-planned development with extensive amenities.
  • Water-View Advantage: Offers serene, scenic views of the lagoon, adding a premium lifestyle factor that significantly enhances property value and buyer/tenant appeal.
  • Strong C of O Title: Full government-issued Certificate of Occupancy ensures absolute legal security, bankability, and smooth transfer.
  • Prime Estate Location: Lekki Foreshore Estate is a highly prestigious, well-secured gated community, sharing proximity with the ultra-exclusive Orange Island.
  • Competitive Entry Point: At ₦1M per SQM, this offers a rare opportunity to acquire a large water-view parcel at a highly attractive price point for this specific micro-market.

Development Potential Given the immense scale and water-view location, the land is perfect for a high-impact project:

  • Luxury High-Rise Complex: A multi-tower residential development offering premium apartments and penthouses with panoramic lagoon views.
  • Gated Waterfront Estate: A master-planned community of ultra-luxury detached villas and townhouses.
  • Mixed-Use Development: Residential towers combined with boutique retail, wellness centers, and waterfront dining.
  • Five-Star Resort / Hotel: Capitalizing on the water view and proximity to VI/Ikoyi business hubs.

Location Benefits -- Lekki Foreshore Estate

  • Exclusive & Secure: Gated estate with 24/7 security, controlled access, and a well-maintained environment.
  • Connectivity: Easy access to Admiralty Way, Freedom Way, Victoria Island, and Ikoyi.
  • Lifestyle Amenities: Close to top schools, hospitals, high-end restaurants, and leisure spots.
  • High Demand Corridor: Lekki Phase 1 consistently attracts high-net-worth tenants and buyers, ensuring strong rental yields and capital appreciation.

Investment Value

  • Asking Price: ₦4.984 Billion (₦1M/SQM).
  • Market Context: Water-view land in Lekki Phase 1 is highly sought after. This pricing is competitive for a parcel of this magnitude with a C of O, offering strong potential for immediate equity growth.
  • Upside Potential: Develop for premium resale or rental income (especially foreign currency rentals), or hold as a strategic long-term land bank.
  • Title Security: The C of O guarantees clear ownership and facilitates institutional financing.

Sale Opportunity A generational opportunity to acquire a massive, water-view land bank in one of Lagos's most desirable neighborhoods. Ideal for large-scale developers or institutional investors looking to create a landmark project. Ideal For:

  • Real Estate Development Companies (High-Rise & Luxury).
  • Institutional Investors & Pension Funds.
  • Hotel & Hospitality Groups.
  • High-Net-Worth Portfolio Buyers.

Next Steps:

  • Site Inspection.
  • Title Verification (C of O at the Lagos State Lands Bureau).
  • Purchase Negotiation.
  • Immediate Closing.

Lekki Foreshore Estate + 4,984 SQM + Water View + C of O + ₦1M/SQM -- a strategic and premium development opportunity. Serious inquiries only.

Estate facilities

Security & Safety

Security / gateman

Outdoor & Communal

Tarred or paved road

Property details

Reference ID #375-555-0
Listed by Ac Valour International
Property type Residential Land
Listing status Residential land for sale
Plot size 4,984 m²

Area guide — Lekki

Lagos

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki, Lagos

Similar properties in Lekki

More land for sale in Lekki

Prime 2 Plots (1, 424.329SQM) of Land.gov.consent — Lekki, Lagos
Premium
₦700,000,000

Mixed-use land for sale

Prime 2 Plots (1, 424.329SQM) of Land.gov.consent

Lekki, Lagos
1424 sqm
Foreshore Land — Lekki, Lagos
Premium
₦1,400,000

Residential land for sale

Foreshore Land

Lekki, Lagos
Premium
₦2,800,000,000

Commercial land for sale

1,008 SQM Waterfront Commercial Land

Lekki, Lagos
1008 sqm
See all similar properties

Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Ac Valour International. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

Popular locations in Lekki

Estates and areas near this property — pick one to see what's available.