This Buy and build land in a secure estate (201ikota) is located in Megamound Estate, Ikota, Lekki, Lagos. The size of this land is 379 square meters. The price of the property was ₦185,000,000 we have attached pictures and videos for you to view and see if it meets your specification and budget. About the Land Here is a rare opportunity to acquire 379 square meters of prime land in one of Ikota's most desirable residential corridors. This plot is well-proportioned, dry, and fully buildable, making it ideal for a luxury private residence, high-end duplex, or boutique investment property. What makes this offering particularly compelling is that it is currently on distress, creating a unique window to secure premium land at exceptional value. With a clear and verifiable title, including a Certificate of Occupancy (C of O), registered survey, and deed of assignment, this property guarantees peace of mind and a seamless transaction process. Asking Price: ₦185,000,000 Considering the location, title security, and estate pedigree, this price represents strong value in today's market. About Megamound Estate Megamound Estate is a well-planned, fully gated residential estate located in Ikota, one of Lekki's most established neighborhoods. The estate is designed for comfort, privacy, and security, making it highly attractive to homeowners and investors alike. Key features include: 24/7 professional security Controlled access and gated entry Serene, orderly, and upscale environment A community of quality residential developments Megamound Estate enjoys excellent connectivity to major roads, commercial hubs, shopping centers, schools, and lifestyle destinations within Lekki. It is a location favored by professionals, expatriates, and high-net-worth individuals who prioritize security and convenience. Investment Potential Land in Ikota---especially within secure, gated estates---has consistently demonstrated strong appreciation over time. This particular offering stands out due to its distress pricing, which immediately enhances its upside potential. Key investment advantages include: Capital appreciation: Limited land supply in Ikota continues to drive price growth. High rental demand: Finished properties in gated estates attract premium tenants. Liquidity: Properties with C of O and complete documentation are easier to resell. Flexible use: Suitable for personal development, rental income, or land banking. Securing this land now means buying below peak market value in a location with proven demand and long-term growth prospects. Conclusion This is not just a land purchase---it is a strategic acquisition in a prime Ikota estate, backed by solid documentation, strong infrastructure, and a rare distress price. Opportunities like this are scarce and time-sensitive.
Super Good Positioned 800SQM Plot of Land in Premium Environment
JV 800sqm @ Cowrier Creek Ikate Land value: #950m Premium: #100m net Facilitator fees : 7% Bo
Cowrie Creek Estate, Lekki, Lagos
Tedhol Properties LTD
Premium
5
₦300,000,000
Mixed-use land for sale
Luxury Buy and Build Dry Land in a Gated and Secured Estate
Your dream of owning prime land in Lekki's most prestigious location just got better! This Estate offers you 648 SQM of fully dry land. ° Location: Chevron Drive, Lekki, Lagos Title: Registered Deed of Assignment , Governor's Consent. Estate Features: Fully Dry Land - Ready for immediate construction Instant Allocation - No delays, no stress Exceptional Infrastructure - Excellent road network + modern amenities 24hrs Security Electricity Good Road Network Drainage Recreational Facilities Multiple plots available for smart investors who want luxury, value, and security in one package. Don't wait till it's sold out - secure your future today! & Call/WhatsApp us now: 07046115575
Off Chevron Drive, Lekki, Lagos
648 sqm
The Benk Homes
Premium
7
₦670,000,000
Residential land for sale
620SQM Dry Land in a Gated & Secured Estate
Vintage Estate (also known as Vintage Park Estate) is a highly secure and serene gated residential estate located in Ikate Elegushi, Lekki, just behind House on the Rock Church and beside Toyota Nigeria. Its prime position along Ojulari Road off Kusenla Road offers easy access through Ikate bus stop and Salem bus stop. The estate is known for its strict access control, with entry granted only upon clearance, supported by uniformed guards and mobile police presence. It features well-paved internal roads, 24-hour electricity, central water treatment, and an efficient sewage system. Residents also enjoy premium shared amenities such as a swimming pool, a fully equipped gym, and a dedicated children's playground. Within this well-planned estate is a 620sqm parcel of dry land. Title: Global C of O Kindly call for more information and to schedule for inspection.
Vintage Estate, Ikate, Lekki, Lagos
620 sqm
17 Three Digital Realtors
Premium
3
₦450,000,000
Residential land for sale
450SQM Dry Land in a Secure and Gated Estate
Victory Park Estate is a premium and well-secured gated residential community located in Osapa, Lekki, Lagos. The estate is known for its high-end living environment, offering a serene and well-organized setting surrounded by prestigious neighborhoods such as Nicon Town, Pinnock Beach Estate, and Cowrie Creek. It features 24-hour security with CCTV surveillance, controlled access, well-paved internal roads, and a reliable treated water supply, ensuring comfort and safety for residents. This 450sqm plot in Victory Park Estate offers a great opportunity to build within one of Lekki's most secure and well-structured residential estate. The plot size is ideal for a comfortable, well-designed home with ample parking and outdoor space. Title: Governor's Consent Kindly call for more information and to schedule for inspection.
Victory Park Estate, Osapa, Lekki, Lagos
450 sqm
17 Three Digital Realtors
Premium
4
₦425,000,000
Residential land for sale
500 SQM Dry Land in a Secure and Gated Estate
Lekki Foreshore is an exclusive, highly valuable waterfront residential estate situated at the end of Freedom Way in Lekki Phase 1, Lagos. The estate features fully paved roads, underground utilities, smart home technology, private pools, 24/7 top-tier security, and uninterrupted power services. The estate is located near the end of Freedom Way, it sits near Orange Island and offers seamless connectivity to major commercial area like Victoria Island, Ikoyi, and the Lekki-Ikoyi Link Bridge. The land is a 500 SQM dry land. Title: C of O Kindly call for more information and schedule for viewing.
Pinnock Beach Estate is a well-planned gated residential estate located in Osapa, Lekki, Lagos. The estate offers a high-end and well-organized living environment within the Lekki axis. It is strategically situated off Femi Okunnu Road (behind Circle Mall/Shoprite), providing easy access to Lekki Phase 1, Victoria Island, and Ajah.\ The estate features top-notch 24-hour security with CCTV surveillance, controlled access, and well-paved, serviced roads. This 500sqm road-facing plot stands out, being directly on the road also adds a sense of openness and convenience. Kindly call for more information and schedule for inspection.
Pinnock Beach Estate, Osapa, Lekki, Lagos
500 sqm
17 Three Digital Realtors
Premium
11
₦620,000,000
Land for sale
600SQM Plot in a Prime and Secured Estate
Pinnock Beach Estate is a well-planned gated residential estate located in Osapa, Lekki, Lagos. The estate offers a high-end and well-organized living environment within the Lekki axis. It is strategically situated off Femi Okunnu Road (behind Circle Mall/Shoprite), providing easy access to Lekki Phase 1, Victoria Island, and Ajah.\ The estate features top-notch 24-hour security with CCTV surveillance, controlled access, and well-paved, serviced roads. This 600sqm plot is road-facing, offering excellent accessibility and visibility. Kindly call for more information and to schedule for inspection.
Pinnock Beach Estate, Osapa, Lekki, Lagos
600 sqm
17 Three Digital Realtors
Premium
4
₦750,000,000
Residential land for sale
Residential Land Measuring 1000SQM
Orange island estate lekki phase 1 Orange Island is a high net worth Island within LekkinPhase 1 similar to Banana Island in Ikoyi Features of the Estate: Excellent Road Network 24 hours power supply Located within a safe, secured and serene area Central Drainage & sewage system Nature friendly environment Street lights. Please Call for Enquiry: 07062882687, 08134300770
End of Freedom Way, Orange Island, Lekki, Lagos
1000 sqm
Solomon Olaolu Consulting
Premium
5
₦1,000,000,000
Residential land for sale
Well Structured Corner-Piece Land Measuring 869 SQMS
Well Structured Corner-Piece Land Measuring 869 Sqms For Sale . Sale Price: 1 Billion Naira Agency Fees: 5% Land Size: 869 Sqms Location: Nicon Town Estate, Lekki Title Document: Governor's Consent For further enquiries and inspection bookings, kindly contact Aruofeg Enterprise: 08074577210 or 08057989376
Nicon Town, Lekki, Lagos
869 sqm
Aruofeg Enterprise
Premium
₦600,000,000
Land for sale
1, 500 SQM of Bare Land
Ref: Olo - nse - 01 Description: 1,500 SQM of Bareland - In a Gated Estate. Title: Reg Deed of Assignment. Location: Ologolo Price: N600m Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Ologolo, Lekki, Lagos
1500 sqm
No SQM Escapes
ADVERTISEMENT750 × 120
Premium
1
₦1,200,000per sq.m
Residential land for sale
1480 SQMS Residential Land
1480 sqms located at Belavista estate directly off freedom way, ikate, Lekki phase 1 1.2M per sqm. Global c of o and gazette Registered Deed of assignment
Freedom Way, Lekki Phase 1, Lekki, Lagos
1480 sqm
Smilebay Realties Limited
Premium
₦670,000,000
Land for sale
620 SQM of Land
For sale Description: A bare land measuring 620 SQM Location: Vintage Park Estate, Ojulari Crescent, Ikate Elegushi. Price: 670MNaira Let's Deal! #olumide
Vintage Park Estate, Ikate Elegushi, Lekki, Lagos
620 sqm
Aloda Limited
Premium
2
₦500,000,000
Residential land for sale
Plot of Land
A corner piece plot fenced on three slides inside Calton gate Estate by Chevron Road. Size. 824m2. Price. 500M Governor's consent
Calton Gate Estate, Lekki, Lagos
824 sqm
O'dean Consultancy Company
Premium
2
₦1,500,000,000
Residential land joint venture
Residential Land
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Meadow Hall Axis, Ikate, Lekki, Lagos
Smilebay Realties Limited
Premium
₦400,000,000
Land joint venture
Hot Premium Land of 601SQM on Offer
Hot Joint Venture Opportunity --- Igbo‑Efon, Lekki Land Value ₦400M --- 60/40 Sharing Summary Exclusive JV opportunity in Igbo‑Efon, Lekki. Owner values the land at ₦400,000,000 and proposes a 60% (owner) / 40% (developer) sharing formula. Premium: ₦10,000,000. Agency/facilitator fee: 10% (non‑negotiable). Ideal for developers who can mobilise quickly and deliver a high‑quality residential or mixed‑use scheme. Quick facts - Location: Igbo‑Efon, Lekki, Lagos - Land value (owner): ₦400,000,000 - Sharing formula: 60% --- Land Owner / 40% --- Developer (as stated) - Premium: ₦10,000,000 - Agency / Facilitator fee: 10% of land value (non‑negotiable) - Title: (To be confirmed) --- buyer to verify title status during due diligence - Availability: JV proposals invited; site inspections by appointment Investment highlights - Lekki corridor momentum: Igbo‑Efon benefits from strong demand for residential and mixed‑use developments in Lekki's growth corridor. - Clear commercial terms: owner-stated value, sharing ratio and modest premium simplify financial modelling and speed decision‑making for developers. - Suitable land size and positioning (site specifics to be confirmed) allow flexibility for mid‑rise residential, terrace developments or mixed‑use schemes depending on site configuration and approvals. Suggested development concepts - Mid‑rise residential blocks (apartments/serviced units) targeting middle‑to‑upper market. - Terrace housing cluster or gated estate for owner‑occupiers. - Low‑ to mid‑rise mixed‑use podium with retail/amenities and residential units above.(Feasibility study recommended to optimise far, unit mix and parking in compliance with Lagos planning regulations.) Preferred developer profile - Proven track record of delivery in Lekki or comparable Lagos locations with verifiable project references. - Demonstrable proof of funds or access to construction finance sufficient to mobilise upon agreement. - Strong project management capability and ability to meet agreed delivery timelines. Documents & due diligence checklist - Title documentation (C of O / allocation / Governor's Consent) --- to be provided/verified by owner and confirmed by buyer. - Survey plan and site coordinates --- confirm boundaries on site inspection. - Evidence of any statutory payments/receipts related to the plot (if applicable). - Developer to provide: Loi, company profile, audited accounts or proof of funds, project portfolio and a concise development concept. - Recommended technical/legal checks: legal searches at Lands Registry, geotechnical survey, topography, utilities availability and planning constraints review. Commercial & financial notes - Land value: ₦400,000,000 (owner valuation) - Premium payable: ₦10,000,000 (as stated) --- to be clarified in Heads of Terms - Facilitator/agency fee: 10% of land value (₦40,000,000 based on stated value) --- non‑negotiable and payable as agreed in the facilitator agreement - Final sharing of costs, build financing, marketing and exit mechanisms to be captured in the JV Agreement. Procedure / next steps 1. Submit loi, company profile and proof of funds for preliminary vetting. 2. Execute nda to access full title documents and site information. 3. Arrange site visit and technical assessments. 4. Present detailed JV proposal (programme, financing plan, sales/marketing approach and proposed delivery milestones). 5. Negotiate and sign Heads of Terms and Joint Development Agreement; mobilise per agreed milestones. Contact To express interest, request documentation or arrange a viewing, contact:[Insert contact name Legal / disclaimer Information provided by the owner/agent. Prospective JV partners must undertake independent legal, technical and financial due diligence. Title, pricing and other details to be confirmed and are subject to contract. Facilitator's fee (10%) is non‑negotiable unless expressly agreed in writing.
Igbo Efon, Lekki, Lagos
601 sqm
The Build Centre Properties
Premium
2
₦360,000,000
Mixed-use land for sale
600 SQM of Land
For Sale SlvBakre A Parcel of land measuring 600 Sqm for sale Gracefield Island Estate, Chevron Drive, Lekki Net Price: N360m Title: Allocation Letter from Chevron CoOp Plot Size: 600Sq.M
Gracefield Island Estate, Chevron Drive, Lekki Expressway, Lekki, Lagos
360 Degree Properties LTD
Premium
₦10,000,000,000
Commercial land for sale
Commercial Land
A Prime Commercial Bare Land approx 10,000 sqm on Chevron Drive, Lekki. Title: Governor's Consent Price: ₦10 Billion Ideal For: Shopping Mall/Mini Estate School Church Office Complex Hotel Development Mixed-Use Development Subdivision Available to suit your development requirements.
Chevron Drive, Lekki, Lagos
10000 sqm
Rems
Premium
Verified Photos
3
₦600,000,000
Residential land for sale
800 Square Meters of Land
Land for sale State: Bareland. Size: 803 Square meters (Sqmt). Title: Global C of O & Deed of Assignment. Price: ₦600 million. Agency fee: 5%. The Gated Community/Estate Benefits Include: - Serenity - 24 hours security - 24 hours power supply - Clean supply - Excellent drainage (flooding is literally impossible) - Excellent road network - Sport & recreation facilities - Estate supermarket The estate is also beautified with trees and regularly mowed gardens. For further enquiries and viewings, kindly contact us on 07065266133, 07010281009 Email: [email protected] We have properties for sale in Pinnock Beach Estate & Arcadia Grove Estate, Nicon Town Estate, Victory Park Estate, Cowrie Creek Estate, Vintage Park Estate, Northern Bera Estate Chevron Drive, Osapa London Lekki, Bakare Estate Agungi, Foreshore Estate, Carlton Gate Estate, Palms Residences, Oral Estate, Westend Estate Lekki County Estate Road, Lakeview Park 1 Estate, Lakeview Park 2 Estate, Megamound Estate, Lekki Phase 1, etc.
Carlton Gate Estate, Lekki, Lagos
803 sqm
Bera Deals
Premium
₦1,776,000,000
Residential land for sale
1480SQM Residential Land
Land for sale in lekki phase 1 1480sqm land for sale in lekki phase 1 Location: Bela vista estate, lekki phase 1 Size: 1480sqm Price: 1.2M per sqm Title: Governor's consent
Bela Vista Estate, Lekki Phase 1, Lekki, Lagos
1480 sqm
Rosemond Hills Limited
Premium
2
₦300,000,000
Land for sale
620 SQM of Land with a Twin Duplex Structure
For Sale SlvFelxshpchy Full plot of land with a demolishable structure (twins duplex) of formally five bedrooms each, with a boy's quarter. But have been converted to an apartments. Location:- Off Alfa Beach Road, by Atlantic View Estate, New Road, Opposite Chevron Lekki. Price:- N300m Land size: 620 Sqm
Off Alpha Beach Road, New Road, Chevron, Lekki Expressway, Lekki, Lagos
