Residential land for sale
700 SQMS Residential Land
Lekki Foreshore Estate, Lekki Phase 1. 700 SQM. ₦850,000 per SQM. ₦595,000,000 Total. Global C of O and Gazette-Registered Deed of Assignment. The Same Estate. The Same Verified Rate. A Plot Sized for the Home You Actually Want to Build. The problem There's a category of Lekki Phase 1 land buyer who has already done the homework --- checked the drainage claims, checked the title, and is now down to comparing plot sizes and prices within one specific estate they've decided is worth building in. Lekki Foreshore Estate has already established its own track record on this: drainage channelled directly to the lagoon, not to a soak-away that backs up during heavy rain, tested through multiple Lagos rainy seasons and confirmed dry. That part of the decision is done. What's left is choosing the right plot size at the right price within the estate. This listing is 700sqm, Global C of O and Gazette-registered Deed of Assignment, ₦850,000/sqm. The agitation Here's what makes this pricing easy to verify rather than take on faith. Other outright plots in Lekki Foreshore Estate --- 600sqm parcels --- have been listed at the identical rate: ₦850,000/sqm, working out to ₦510,000,000. a larger 1,709sqm corner plot in the same estate carries the same ₦850,000/sqm rate, at ₦1,450,000,000 total. A smaller, gate-adjacent 402sqm Parcel a plot commands a premium over the standard rate, at approximately ₦1,069,652/sqm, reflecting its specific proximity to the main gate. This listing --- 700sqm at ₦850,000/sqm, ₦595,000,000 total --- sits exactly at the estate's standard outright-plot rate, matching the 600sqm and 1,709sqm comparables precisely. That consistency is the point: this isn't an isolated asking price a buyer has to take on faith. It's the same verified rate the estate has held across multiple plot sizes, applied here to a 700sqm footprint --- genuinely larger than the smallest 402 and 600sqm options, without stepping into the corner-plot or gate-adjacent premium tiers. The solution 700 square metres of residential land, Lekki Foreshore Estate, Lekki Phase 1. Global Certificate of Occupancy. Gazette-registered Deed of Assignment. ₦850,000 per square metre. ₦595,000,000 total. Here is what this parcel delivers: Lekki Foreshore Estate's drainage architecture. The estate's drainage system channels directly to the Lagos lagoon --- not to a retention pond or soak-away that fills during sustained rainfall. This is engineered, not promised, and it's been tested through the rainy seasons that have exposed drainage failures in older, less carefully planned Lekki estates. 700sqm. A genuinely comfortable footprint for a private residence with a proper compound --- main house, BQ, real parking, and garden space --- without stepping up into the estate's largest and most expensive corner-plot tier. Global C of O plus Gazette-registered Deed of Assignment. The same dual-layered title structure already established across this estate's listings --- two documented, state-recognized instruments rather than one, giving a self-build buyer strong title assurance before committing construction capital. ₦850,000/sqm --- verified against multiple comparable plots in the same estate. Not a standalone asking price. This exact rate is independently confirmed by the 600sqm and 1,709sqm plots already listed in this estate. High rate of value appreciation. Newly developed estates with functioning, tested infrastructure --- as this one has demonstrated through multiple rainy seasons --- are the ones that tend to reprice upward as remaining plots sell down and the estate's track record accumulates. Why this beats the alternatives. The 402sqm Parcel a option is cheaper in total but smaller and carries a gate-proximity premium above the standard rate. This 700sqm plot gives more room to build at the estate's baseline ₦850,000/sqm rate, before a buyer needs to consider the larger, pricier 1,709sqm corner tier. The call to action 700sqm. Lekki Foreshore Estate, Lekki Phase 1. ₦850,000/sqm. ₦595,000,000 total. Global C of O plus Gazette-registered Deed of Assignment. The buyer for this plot has already accepted the case for Lekki Foreshore Estate's drainage and title credentials --- what's left is locking in a mid-size plot at the estate's verified standard rate before the remaining inventory sells down. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The rate is already confirmed across multiple plots in this estate. The drainage has already been tested through more than one rainy season. The only thing left to decide is how much of it you want to build on. Land Type: Residential Land (Vacant) Size: 700 sqm Price: ₦850,000/sqm --- ₦595,000,000 total Title: Global Certificate of Occupancy + Gazette-Registered Deed of Assignment Drainage: Channelled directly to the Lagos lagoon; tested through multiple rainy seasons Location: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Internal Comparable Context (Lekki Foreshore Estate): 600sqm outright plot --- ₦850,000/sqm (₦510,000,000) 1,709sqm corner plot --- ₦850,000/sqm (₦1,450,000,000) 402sqm, Parcel a, gate-adjacent --- ≈₦1,069,652/sqm (₦430,000,000) This listing: 700sqm --- ₦850,000/sqm (₦595,000,000) Posted: 13 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-067-7
