Residential land for sale
Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
Distress sale -- prime corner plot in lekki foreshore estate, lekki phase 1, lagos
500 sqm corner piece c of o title ₦420 million (slightly negotiable) ≈ ₦840,000 per sqm
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property overview
- location: lekki foreshore estate, lekki phase 1, lagos.
- land size: 500 sqm.
- plot type: corner piece -- offering enhanced visibility, dual access, and premium positioning.
- title: certificate of occupancy (c of o) -- expected given estate standards.
- asking price: ₦420,000,000 (slightly negotiable).
- price per sqm: ≈ ₦840,000.
- status: distress sale -- motivated seller, priced for quick closure.
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key highlights
- corner plot premium: a corner position in the exclusive lekki foreshore estate provides greater design flexibility, more natural light, better ventilation, and higher resale value.
- distress pricing advantage: the "distress sale" tag signals serious motivation, often translating to a below‑market entry price and room for negotiation.
- estate security & prestige: lekki foreshore is a well‑planned, gated community with 24/7 security, quality roads, and proximity to orange island and the lagoon.
- ready‑to‑build: vacant titled land with no encumbrances -- immediate development possible.
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market context
recent comparable listings in the same estate:
- a 600 sqm standard plot (non‑corner) was offered at ₦800k per sqm (total ₦480m).
- this 500 sqm corner piece is priced at ~₦840k per sqm -- a modest premium for the corner advantage, yet still very competitive given the distress motivation.
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️ development potential
- luxury detached home with extra garden space (corner allows larger setback).
- high‑end duplex or twin villas.
- boutique residential building (2‑3 units) subject to estate rules.
- executive guest house or corporate retreat.
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sale opportunity
a rare chance to acquire a corner plot in one of lekki's most desirable estates at a distress price. ideal for an end‑user or investor looking for both immediate value and long‑term appreciation.
ideal for:
- luxury home builders
- high‑net‑worth individuals
- real estate investors seeking a bargain in a prime location
- developers looking for a quick, clean title acquisition
corner position + distress motivation + prime estate = exceptional value.
slightly negotiable -- serious buyers on...
More details
₦420,000,000
Ac Valour International
08036503218