Land for sale -- orange island estate, lekki
1,906 sqm lakeview mixed-use zoning
₦690,000 per sqm ₦1,315,140,000 total
---
property overview
- location: orange island estate, lekki, lagos -- a prestigious, well-planned residential and mixed-use estate in one of lekki's most desirable corridors.
- land size: 1,906 sqm.
- zoning: mixed-use -- offering flexibility for residential, commercial, or combined development.
- key feature: lakeview -- commanding views over the estate's water body, adding significant premium and lifestyle appeal.
- title: to be verified (orange island properties typically have c of o or governor's consent).
- price: ₦690,000 per sqm.
- total asking price: ₦1,315,140,000.
- status: bare land, ready for development.
---
key highlights
- premium estate address: orange island is a sought-after gated community offering security, paved roads, drainage, and serene living -- highly valued by discerning homeowners and investors.
- lakeview premium: plots with lake views are rare and command significantly higher values due to aesthetics, privacy, and lifestyle appeal.
- mixed-use flexibility: zoning allows for residential, commercial, or mixed-use development -- maximizing roi potential.
- substantial scale: 1,906 sqm offers excellent flexibility for a landmark project -- from luxury apartments to mixed-use complexes.
- competitive pricing: at ₦690,000/sqm, this is attractively priced for a lakeview mixed-use plot in a prime estate.
---
️ development potential
1,906 sqm with lakeview and mixed-use zoning is ideal for:
residential options:
- luxury apartment block: 15--20 high-end flats across 4--5 floors, maximizing lake views.
- terrace duplex cluster: 8--10 luxury terrace units with water views.
- gated mini-estate: 5--6 detached villas overlooking the lake.
mixed-use options:
- mixed-use complex: ground-floor retail/restaurants/cafés + residential above, capitalizing on lakeview appeal.
- boutique hotel: 40--50 rooms with lakeview restaurant and amenities.
- lifestyle destination: spa, gym, and premium retail with water views.
---
market context
metric value
land size 1,906 sqm
price per sqm ₦690,000
total price ₦1,315,140,000
market range (orange island) ₦650,000--₦900,000/sqm
lakeview premium +15--25% over standard plots
- per sqm benchmark: orange island land typically ranges from ₦650,000--₦900,000/sqm depending on location, view, and title strength. at ₦690,000/sqm, this lakeview plot offers exceptional value.
- lakeview advantage: water-view plots in orange island command a 15--25% premium over inland plots. this pricing reflects a rare entry point for a premium asset.
- mixed-use upside: mixed-use zoning adds significant flexibility and value, allowing developers to optimize returns through diversified income streams.
---
ideal for: developers seeking a sizable, lakeview plot for a luxury residential or mixed-use project; investors wanting a prime orange island asset with strong appreciation potential; hospitality operators looking for a boutique hotel site with water views.
a rare 1,906 sqm lakeview mixed-use plot in orange island estate -- priced competitively and ready for visionary developme...
More details
