There are 198 land for sale and rent in Estates as of 5 Sep 2026, with an average price of ₦3.2M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
1–20 of 198 properties
Residential land for sale
A well cut-out 500SQM land located in a gated Waterfront Close off 3rd Avenue Road, Banana Island Estate, Ikoyi, Lagos available for sale. Price is N5m per sqm ono.
Residential land for sale
For sale prime residential land in 2ND Avenue Estate, ikoyi, lagos An exceptional opportunity to acquire a premium parcel of land in the highly sought-after 2nd Avenue Estate, Ikoyi, one of Lagos' most prestigious residential enclaves. Property Details Land Size: 2,000 SQM Location: 2nd Avenue Estate, Ikoyi, Lagos Title: Lagos State Certificate of Occupancy (C of O) Price: ₦2.5 Million per SQM (Asking) This property offers an ideal investment opportunity for luxury residential development in a secure and well-established neighborhood, with excellent accessibility and proximity to key business, leisure, and lifestyle destinations. Asking Price: ₦2.5 Million per SQM For further details, inspection arrangements, and negotiations, kindly contact us.
Residential land joint venture
Banana Island, Ikoyi. 1,400 SQM. Joint Venture. ₦6,500,000,000 Land Value. ₦1,000,000,000 Premium. Federal Certificate of Occupancy. This Is Not a Home for a Renter to Buy. This Is the Plot a Developer Has Been Waiting For. The problem There is a category of Lagos real estate conversation that has nothing to do with escaping a landlord --- and this listing sits squarely inside it. Most JV opportunities marketed as "Banana Island" turn out to be undersized, poorly titled, or attached to a landowner whose sharing terms make the arithmetic unworkable before a single foundation is poured. Developers who have spent years circling this island for a genuine build slot know the actual bottleneck isn't capital. It's finding 1,400sqm, Federal C of O, on the island itself, from an owner who has already stated what they want built. This listing removes that bottleneck. The owner has already specified the outcome: a block of luxury flats, or luxury terrace houses with a penthouse. The title is Federal C of O --- the cleanest instrument available on this island. The land size is large enough to support a real development footprint, not a compressed one. The question isn't whether Banana Island is the correct address for a luxury residential development. It's whether this specific parcel, at this specific value, is the one worth committing construction capacity to before another developer does. The agitation Here is what the numbers on Banana Island JV land actually show right now. Recent comparable JV parcels on the island have valued land anywhere from roughly ₦850,000/sqm on older-dated listings up to ₦2.1M/sqm, ₦4M/sqm, and ₦5M/sqm on more recent 2026-dated JV offers --- a spread that reflects waterfront position, zoning, and how recently the parcel was valued. A 1,500sqm JV parcel currently listed elsewhere on the island values land at ₦5M/sqm for a total of ₦7.5B, proposing a mixed low-rise-to-penthouse structure comparable in ambition to what this owner is requesting. This listing --- 1,400sqm, ₦6.5B land value, ₦1B premium --- works out to approximately ₦4.64M per sqm before the premium is factored in. That places it inside the current Banana Island JV range, priced below the ₦5M/sqm comparable cited above, on a parcel large enough to support either of the two development formats the owner has already approved. The scarcity is not abstract. Banana Island's land supply for JV-ready parcels with Federal C of O --- as opposed to Lagos State C of O, or land still working through title perfection --- has been consistently limited, which is precisely why the JV structure exists at all: the owners holding this land are not selling it outright, and they are not releasing it to just any developer. Every month a qualified developer defers engaging this specific parcel, the risk isn't that the price falls. It's that another development partner with proof of capacity closes it first. The solution 1,400 square metres of residential land, Banana Island, Ikoyi. Federal Certificate of Occupancy. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Owner-approved development path: a block of luxury flats, or luxury terrace houses with a penthouse. Here is what this parcel actually delivers to the developer who can close it: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, superior in registration standing to a Lagos State-issued C of O or a Deed of Assignment awaiting Governor's Consent. For a developer financing construction against this land, or presenting to institutional co-investors, a Federal C of O removes the single biggest source of delay and legal risk in a Lagos JV --- title uncertainty. 1,400sqm on Banana Island itself. Not an adjacent axis, not a "Banana Island-adjacent" address used loosely by other listings. This is land on the island the entire luxury Lagos market treats as the ceiling reference point --- the address every other Ikoyi and VI comparable gets measured against, not the reverse. Owner-defined development brief. The owner is not asking a developer to guess what will be approved. Luxury flats, or luxury terrace houses with a penthouse, are already the stated preference --- which shortens the negotiation phase considerably compared to a JV where design intent is still undefined. ₦6.5B land value against a market range of ₦4M--₦5M/sqm on comparable 2026 JV parcels. At approximately ₦4.64M/sqm, this parcel sits inside --- and below the top of --- the current range for genuine Banana Island JV land, before any premium negotiation. ₦1B premium. Disclosed upfront, not buried in a facilitator's fee structure discovered mid-negotiation. A developer evaluating this deal knows the full cost basis before committing time to due diligence. Why this beats the alternative JV parcels currently circulating. Several Banana Island JV listings on the market right now carry ambiguous or undisclosed premiums, Lagos State C of O rather than Federal, or land sizes too small to support anything beyond a compressed low-rise. This parcel discloses its premium, holds the stronger title, and sits at a size that supports a genuine luxury block or terrace-with-penthouse format --- the exact profile that has driven the strongest resale and rental yields on the island over the past several years. The call to action 1,400sqm. Banana Island, Ikoyi. Federal C of O. ₦6,500,000,000 land value. ₦1,000,000,000 premium. Development path: luxury flats or luxury terrace houses with penthouse. This is not an offer for a corporate professional looking to stop renting. This is a JV slot for a developer, construction firm, or family office with the capacity to execute a Banana Island-grade build and the documentation to prove it. Call the agent, or send your company profile for survey review, via Smilebay Realties: +234 901 517 4801. Serious developers only. Proof of construction capacity required before terms are discussed. The island doesn't release land like this often. The title is already Federal C of O. The brief is already written. The developer who closes it hasn't been decided yet. Land Type: Residential Land --- Joint Venture Size: 1,400 sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Owner's Development Preference: Block of luxury flats, or luxury terrace houses with penthouse Security: Security/gateman Location: Banana Island, Ikoyi, Lagos NPC Comparable Context (Banana Island JV/land market, 2026): 1,500.23sqm JV parcel, Banana Island Estate --- ₦5,000,000/sqm (₦7.501B total) 2,300sqm JV parcel, Banana Island (mixed zone) --- ₦4,000,000/sqm + ₦300M premium 1,900sqm JV parcel, Banana Island (corner piece) --- ₦2,100,000/sqm This listing: 1,400sqm, Banana Island --- approx. ₦4,640,000/sqm + ₦1B premium Posted: 24 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-722-7
Residential land joint venture
Joint Venture Opportunity Alert Location : Banana Island Estate Road, Ikoyi, Lagos Key Details: . Land size: 4,000 SQM . Land Value: ₦4.5m Per SQM . Proposal: Maisonettes & Apartments . Facilitators' Fees: 10% . Sharing Ratio: TBD note: Owner wants a building on the 1,000 SQM for himself and 3,000 SQM with block of flats/maisonette High-rise. Experience Developer is a must with proof of Funds. Olajbatdangbe
Residential land for sale
A Premium Waterfront Land waterfront shoreline plot land size-1200sqm title-gov consent price: ₦7.2BILLION(ONO)
Residential land for sale
Well located in a serene close is this beautiful piece of waterfront land already fenced. Size: 850sqm selling at; N5m/Sqm.net Total; N4.5b slight neg Title: Fed. C of O If interested, Stephen Aims Real Estate Ltd +2348023146279
Residential land joint venture
8000sqm Prime Waterfront Land for Luxury Residential JV Development The property comprises approximately 8,000 SQM of prime waterfront land, with the option to divide into two portions, making it suitable for phased development. Development Purpose - Luxury Residential Development - Ultra-luxury apartments - Waterfront mansions - Premium high-end real estate project commercial terms Land Value: ₦4.5 Million per SQM Indicative Land Value: ₦36 Billion Premium: ₦2 Billion --- deductible from the Owners' Share Facilitators' Fee: 10% Title: Registered Supreme Court Judgment Location: 2nd Avenue, Banana Island, Ikoyi, Lagos
Residential land for sale
️ For sale -- prime residential land, banana island, ikoyi a rare opportunity to acquire 6,170sqm of prime residential land within the original layout of Banana Island. One of the largest contiguous plots available, positioned for high value redevelopment and long term capital appreciation. Plots of this size almost never come to market, especially in a location where supply is already fully absorbed. Property Overview - Land Size: 6,170sqm - Prime Residential Zone, Banana Island - ️ Existing Structure on Site (can be retained and remodeled or redeveloped) - Title: Certificate of Occupancy Why This Stands Out - Large scale land holding in a tightly held, high value location - Suitable for remodeling or redevelopment into a luxury estate or units of private residences - Strong scarcity advantage as Banana Island approaches full build out - Clear, bankable title suitable for institutional or private acquisition Price: ₦28,000,000,000 In this market, scale is the real advantage. And land like this does not circulate often. Call to book your private inspection today
Residential land for sale
CWL1714 Prime 3,400SQM Land "a rare redevelopment opportunity in the prestigious 2nd Avenue Estate, Ikoyi, offering approximately 3,400sqm of prime land with existing structures suitable for redevelopment. Strategically located in Ikoyi, this substantial property is ideal for investors and developers seeking a sizeable landholding in one of Ikoyi's most exclusive residential districts. Property Details Property Type Redevelopment Property Location Ikoyi, Lagos Land Size Approximately 3,400 SQM Asking Price ₦3,000,000 Per SQM Title Lagos State C of O Investment Highlights Approximately 3,400sqm of prime land Existing redevelopable structures Prestigious 2nd Avenue Estate location Suitable for luxury residential redevelopment, subject to planning approvals Large landholding with significant development potential Strong long-term capital appreciation prospects Secure and highly sought-after Ikoyi neighbourhood Ideal For Property Developers - Luxury Residential Developers - HNIs - Institutional Investors - Strategic Land Investors This is an exceptional opportunity to secure a substantial redevelopment asset in Ikoyi, combining a prestigious address, sizeable land area, and a secure Lagos State C of O. Asking Price ₦3,000,000 Per SQM" For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Residential land for sale
Exclusive & premium waterfront land - 3RD avenue, banana island N13Billion total 2,600SQM ₦5M per SQM direct waterfront Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Title: Lagos State C of O - Dry, Table Land, 100% Reclaimed Use: Residential / Luxury Waterfront Development WHY this stands out: - Direct Waterfront with unobstructed lagoon views - Serene & Secure estate with 2nd & 3rd Avenue infrastructure - Ready to Build - No sandfilling required Price: ₦5,000,000 per sqm Total: ₦13,000,000,000 Mode: Semi Direct with Owner _Serious Buyers & Developers Only. Proof of Funds Required._ Contact: _Owner's Representatives_ WhatsApp / Call: ️ Y........
Residential land for sale
Banana island waterfront -- 7,800 SQM rare bulk land. Federal C of O ₦5M per sqm Direct Shoreline Talking to the mandate!!! Massive waterfront parcel with clean title. Ideal for ultra-luxury estate or boutique development. Location: Banana Island, Ikoyi, Lagos Land Size: 7,800.415 sqm [per survey plan] Frontage: Direct shoreline/waterfront Title: Federal Certificate of Occupancy Price: ₦5Million per sqm = ₦39Billion total Why it's a standout: - 7,800 sqm is rare on Banana Island. Most plots are 1,000-4,500 sqm - Direct shoreline frontage gives maximum waterfront value and view - Federal C of O for secure, bankable transaction - Perfect for a private compound, luxury villa estate, or high-end residential project Provisional survey copy available. Serious buyers only for inspection and due diligence. PS Survey will be made available upon request
Residential land for sale
Water front plot of land measuring 2805sqm at Osborne Phase 2, Ikoyi Suitable for residential estate development. Title- federal C of O & Lagos State Regularization
Residential land for sale
CWL1719 Prime 852SQM Waterfront Land "a rare opportunity to acquire prime waterfront land in Banana Island, Ikoyi, strategically located off 3rd Avenue. This exceptional 852sqm parcel offers 100% dry table land and is ideally suited for an exclusive luxury waterfront development in one of Lagos' most prestigious neighbourhoods. Property Details Property Type Prime Waterfront Development Land Location Ikoyi, Lagos Land Size 852 SQM Price ₦5,000,000 Per SQM Total Land Value ₦4,260,000,000 Title Federal C of O Approved Use Luxury Waterfront Development Topography 100% Dry Table Land Property Highlights Prime Banana Island Waterfront Location 852sqm Substantial Landholding 100% Dry Table Land Federal Certificate of Occupancy Excellent Waterfront Position Ideal for Luxury Residential Development Prestigious Ikoyi Address Strong Development and Investment Potential Investment Highlights Located in one of Lagos' most exclusive luxury property markets Exceptional opportunity for a high-end waterfront residence or development Premium land with secure title documentation Strong potential for capital appreciation Ideal for Luxury Developers, HNIs, Waterfront Investors, and Strategic Property Investors This is a premium waterfront development opportunity in Banana Island, offering the rare combination of prime location, dry land, secure title, and exceptional luxury development potential. Asking Price ₦5,000,000 Per SQM Total: ₦4,260,000,000" For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Residential land for sale
2200sqm Water-front Land located within Residential Zone, Banana Island Estate, Ikoyi, Lagos. Features include: Water-front plot; Suitable for Development of Town Houses, Block of Apartments or single Private Residence; etc. Sale Price is NGN4,000,000 (FOUR million NAIRA) per Square Meter. Federal Certificate of Occupancy (C of O). All pricing are as at july 22, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.
Residential land for sale
Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 2,600sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 2,600sqm - Title: Lagos State CofO Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build Eze
Residential land for sale
Outright buyer needed Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.
Residential land for sale
A large premium expanse of direct waterfront land measuring 2,270 square metres available for sale in Banana Island, Ikoyi --- Lagos most prestigious residential address. Property Details: - Location: Banana Island, Ikoyi, Lagos - Land Size: 2,270 sqm - Title: Certificate of Occupancy (FC of O) - Category: Residential Land - Positioning: Direct Waterfront Description: It is a rare opportunity to acquire a substantial direct waterfront parcel in the heart of Banana Island. Large-format plots of this size are increasingly scarce within the estate. This luxury waterfront plot of land in Banana Island offers premium waterfront frontage within Nigeria's most prestigious residential estate. The land is ideal for: - Ultra-luxury private mansion development - Waterfront estate compound - High-end redevelopment project - Long-term capital appreciation investment Banana Island remains the benchmark for luxury real estate in Nigeria, known for its exclusivity, security, infrastructure, and strong asset value preservation. Serious enquiries and buyers only. Contact us to schedule a tour. About Banana Island, Ikoyi Banana Island is Lagos' most prestigious and exclusive residential address, located in Ikoyi on Lagos Island. Known for its secure, gated environment and meticulously planned infrastructure, it is home to Nigeria's elite, top executives, diplomats, and high-net-worth individuals. The estate features wide roads, underground utilities, reliable power supply, and premium waterfront properties with direct lagoon access. With its privacy, luxury developments, and strong property value appreciation.
Residential land for sale
Completely Flood-Free Area of Parkview Estates, Ikoyi. Land Measuring 2,930 SQM, on it is a 6 units of 4brm Terraces Demolishable Structure. Title: Lagos State C of O Fcbkrega Wez Eng Fcbktega
Residential land for sale
Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build. Quad
Residential land for sale
Plot B: 312 sqm of land (within Parkview Estate) Title: - Deed of Assignment - Survey - C of O Price: ₦4.5M per sqm asking. Contact 09169725780
Showing 1–20 of 198 properties
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.
The average price of residential land in Estates, Ikoyi, Lagos is ₦3,200,000 per square meter.
The price of the most expensive residential land in Estates, Ikoyi, Lagos is ₦7,200,000 per square meter.
The price of the cheapest residential land in Estates, Ikoyi, Lagos is ₦1,500,000 per square meter.
There are 198 available residential land in Estates, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
Prices for residential land in Estates, Ikoyi, Lagos range from ₦1,100,000 to ₦39,000,000,000.
