Nigeria Property Centre

Residential Land on Queen's Drive, Ikoyi, Lagos

There are 19 land for sale and rent in Queen's Drive as of 28 Oct 2026, with an average price of ₦6.3B. 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.

2047SQM of Land — Off Queen's Drive, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2047SQM of Land

Verified old Ikoyi sale. Location: Off Queen's Drive Bare land measuring 2,047 Sqms Title: Fed CoFo Price: ₦4.5m per sqm

Off Queen's Drive, Ikoyi, Lagos
2047 sqm
Dannaagrofarmpropertyhub
Residential Land Measuring 2,047SQM — Off Queen's Drive, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

Residential Land Measuring 2,047SQM

Verified old ikoyi Sale Off Queen's Drive Bareland measuring 2,047 Sqms Fed CofO N4.5m per sqm

Off Queen's Drive, Ikoyi, Lagos
2047 sqm
Breathing Space
5,500 SQM Waterfront Land with Existing Mansion — Queens Drive, Ikoyi, Lagos
Premium
1
₦6,000,000 per sq.m

Residential land for sale

5,500 SQM Waterfront Land with Existing Mansion

Location: Queens Drive, Ikoyi, Lagos Property Type: Waterfront Land with Existing Mansion Land Size: 5,500 SQM Price: ₦6 Million per SQM Total Asking Price: ₦33 Billion Title: Federal C of O Transaction: For Sale Property Overview This 5,500 SQM waterfront land for sale on Queens Drive, Ikoyi, Lagos presents a substantial property holding within one of Lagos' most established premium residential locations. The property comprises a sizeable waterfront parcel with an existing mansion, offering a buyer the opportunity to assess the site for continued private residential use, redevelopment or a new residential concept, subject to applicable planning regulations, title verification and required approvals. At ₦6 Million per SQM, the total asking price is ₦33 Billion. Zahari View The defining characteristics of this property are its large 5,500 SQM land size, Queens Drive location, waterfront position and existing residential structure. For a private buyer, the property may provide an opportunity to secure a substantial waterfront holding for a premium residence, subject to the condition and suitability of the existing structure. For a developer, the land size may justify consideration as a redevelopment opportunity, with the existing mansion forming part of the assessment. Any proposed redevelopment should be evaluated against applicable planning, environmental, building and waterfront requirements. The combination of a premium Ikoyi location and substantial land area makes this property worthy of detailed consideration by qualified buyers with a long-term residential development strategy. Property Highlights 5,500 SQM waterfront land Located on Queens Drive, Ikoyi, Lagos Existing mansion on the property ₦6 Million per SQM ₦33 Billion total asking price Federal C of O Premium waterfront location Potential for private residential use or redevelopment Suitable for substantial residential development, subject to approvals Relevant to high-net-worth private buyers, developers and strategic investors Why This Property Deserves Attention Large waterfront landholdings in premium parts of Ikoyi offer a different proposition from conventional residential plots. At 5,500 SQM, this property provides a substantial development footprint, while its waterfront position gives the site a distinctive characteristic that may influence the design and positioning of any future development. The existing mansion also creates an additional consideration for prospective buyers. Depending on its condition, documentation and planning status, a buyer may evaluate whether to retain, renovate or redevelop the existing structure. The appropriate strategy should ultimately be determined through technical inspection, planning assessment, title verification and financial feasibility. Development & Investment Perspective At an asking price of ₦6 Million per SQM, the acquisition represents a significant capital commitment. A developer considering redevelopment should conduct a comprehensive feasibility assessment covering: Permitted land use Development density Building height restrictions Setback requirements Parking provisions Waterfront development requirements Environmental considerations Site access and infrastructure Construction and demolition costs, where applicable Professional and consultancy fees Statutory charges and approvals Financing requirements Market demand and potential returns The existing mansion should also be professionally inspected to determine its structural condition and whether retaining or redeveloping the structure is commercially and technically appropriate. Investor's Note Prospective buyers should evaluate the property based on its specific site characteristics and intended development strategy. Before committing funds, buyers should independently verify: Federal C of O and title history Ownership and transfer history Survey and exact site dimensions Existing mansion documentation and planning status Permitted land use Development and planning regulations Waterfront and environmental requirements Building density and height restrictions Setback and parking requirements Access and infrastructure Applicable government and statutory charges Redevelopment or renovation feasibility Projected development costs and returns Documentation Title: Federal C of O Documentation is available for verification. Prospective buyers are advised to engage qualified legal, survey, planning, engineering and property professionals to independently verify the title, survey, existing structure and applicable development requirements before concluding the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe premium property acquisition should be guided by more than location and asking price. For a major waterfront acquisition, understanding title, site configuration, existing structures, planning requirements, development potential, environmental considerations and long-term market positioning is essential. This 5,500 SQM waterfront property on Queens Drive, Ikoyi combines substantial land size, an existing mansion and a premium waterfront location, making it an opportunity worthy of serious consideration by qualified private buyers and developers. Asking Price ₦6 Million per SQM 5,500 SQM × ₦6 Million = ₦33 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer Property information, pricing, availability and documentation are subject to confirmation and verification. Waterfront development may be subject to additional planning, environmental and regulatory requirements. The condition, planning status and suitability of the existing mansion should be independently assessed. Prospective buyers should conduct comprehensive legal, survey, planning, technical, environmental and financial due diligence before making any financial commitment.

Queens Drive, Ikoyi, Lagos
Zahari Properties
Premium
₦5,500,000 per sq.m

Residential land for sale

Residential Land

For sale a massive detached house(habitable) on 3771m2 directly on Queensdrive for ₦5.5mil per m2 Land Certificate For: *Elzzif

Queen Drive, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
1,400 SQM Residential Land — Mekunwe Road, Off Queens Drive, Ikoyi, Lagos
Featured
1
₦6,300,000,000

Residential land for sale

1,400 SQM Residential Land

Land for sale --- Ikoyi, Lagos Location: Mekunwe Road, off Queens Drive, Ikoyi Land Size: 1,400 SQM Title: C of O Price: ₦4.5 Million per SQM Total Asking Price: ₦6.3 Billion Prime location. Excellent investment and development opportunity. BGM Realty Premium Properties. Strategic Investments Pjv

Mekunwe Road, Off Queens Drive, Ikoyi, Lagos
2000 Parking 1400 sqm
Best Grand Masters Realty
5, 500SQM Waterfront Residential Land with Mansion — Queens Drive, Old Ikoyi, Ikoyi, Lagos
Featured
1
₦33,000,000,000

Residential land for sale

5, 500SQM Waterfront Residential Land with Mansion

Exclusive sale on queens drive waterfront n33billion 5,500SQM direct lagoon land + existing mansion federal CofO legacy address The asset: Location: Queens Drive, Old Ikoyi, Lagos - Nigeria's Most Coveted Waterfront Street Size: 5,500 SQM - Waterfront Land with Grand Mansion Feature: Unobstructed Direct Lagoon Views. Build Your Palace or Refurbish the Icon Title: Federal Certificate of Occupancy + All Relevant Documents Price: ₦6M per SQM Total land value: ₦33,000,000,000 WHY this is unrepeatable: 1. Queens Drive, Ikoyi - The Buckingham of Lagos. Where billionaires and diplomats live 2. 5,500SQM + Mansion - Land and structure on the water. You cannot make more land 3. Direct Waterfront Frontage - Private lagoon access. The ultimate status symbol 4. Federal CofO - Clean, litigation-free, bankable. Institutional grade security 5. Scarcity Factor - a Queens Drive waterfront listing happens once in a decade Target buyer: Ipa

Queens Drive, Old Ikoyi, Ikoyi, Lagos
5500 sqm
Gillards Property
1400SQM Land — Mekunwen Road, Old Ikoyi, Ikoyi, Lagos
Featured
1 Video
₦4,300,000

Residential land for sale

1400SQM Land

Bareland at mekwen, off queens drive, old ikoyi 1,400sqm land at Mekwen, Off Queens Drive, Old Ikoyi Title: Federal CofO Price: N4. 3m per sqm

Mekunwen Road, Old Ikoyi, Ikoyi, Lagos
Gillards Property
Featured
₦4,500,000

Residential land for sale

1250SQM Land

1.) Selling: Parcel of very prime waterfront land lying along queen's drive, of bourdillon road, old ikoyi, lagos Land Size: 1,250 Square Metres. Title: C. of O. Price: N4.5Million Per Square Metre. For more details, pls contact; Oakland Realtors 08155952653, 08168808462

Queens Drive, Old Ikoyi, Ikoyi, Lagos
1250 sqm
Oakland Realty
Residential Land — Queens Drive, Old Ikoyi, Ikoyi, Lagos
1
₦20,364,000,000

Residential land joint venture

Residential Land

Property Details Location: Queens Drive, Old Ikoyi, Lagos Property Type: Joint Venture Land Opportunity Land Size: 3,394 SQM Title: Federal C of O stated Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed Proposed Development The proposed development is stated to include: Apartments Maisonettes Penthouses The final development scheme, density, unit mix and applicable planning approvals are subject to confirmation. Zahari's Buyer-Focused View This joint venture opportunity involves a 3,394 SQM parcel on Queens Drive, Old Ikoyi, with a Federal C of O stated. The stated land value is ₦6 Million per SQM, giving a total stated land value of ₦20.364 Billion. A premium of ₦700 Million and facilitators' fee of 8% are also stated. The sharing ratio is yet to be confirmed. Prospective development partners should establish the agreed commercial structure, proposed development parameters, planning requirements, title documentation and all associated transaction costs before entering into the joint venture agreement. Financial Details Land Size: 3,394 SQM Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed For Enquiries Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com

Queens Drive, Old Ikoyi, Ikoyi, Lagos
Zahari Properties
Residential Land Available — Queens Drive, Ikoyi, Lagos
1
₦11,000,000,000

Residential land for sale

Residential Land Available

2000m² Waterview Property Queens Drive, Ikoyi Title: Land Certificate Price: ₦5.5m per m² Oladele

Queens Drive, Ikoyi, Lagos
2000 sqm
Flowtouch Properties
₦5,500,000 per sq.m

Residential land for sale

5, 093SQM Land

Waterfront land on queens drive, old ikoyi a fully detached mansion on 3,839sqm with 1,254sqm waterfront with a total of 5,093sqm Location: Queens Drive Title: Lasg Cofo *Price: N5.5m/sqm

Queens Drive, Old Ikoyi, Ikoyi, Lagos
Keland & Associates
4200 SQM Residential Land — Off Queens Drive, Old Ikoyi, Ikoyi, Lagos
1
₦3,800,000 per sq.m

Residential land for sale

4200 SQM Residential Land

Prime location ,adjacent mekwumen street off queens drive 4200 sqm Distress seller Aug

Off Queens Drive, Old Ikoyi, Ikoyi, Lagos
Vallecano Ventures
1400SQM Bare Land Fully Fenced and Gated — Mekunwen Street Off Queen Drive, Old Ikoyi, Ikoyi, Lagos
1
₦4,500,000 per sq.m

Residential land for sale

1400SQM Bare Land Fully Fenced and Gated

cheapest for sale in old ikoyi 1400sqm bare land Title: fed c of o location: mekunwen road off queen drive old Price: 4. 5m/sqm It's located in a quiet and prestigious part of old ikoyi, ideal for luxury residential development or private residence. fastest finger

Mekunwen Street Off Queen Drive, Old Ikoyi, Ikoyi, Lagos
1400 sqm
Unique Multi Concepts Limited
Land — Banana Island Estate, Ikoyi, Lagos
1
₦9,000,000,000

Residential land for sale

Land

Direct & exclusive fresh listings 1. banana island estate located directly on 3RD avenue 2,025 square meters single title corner piece plot original banana map federal title price: N4.5m Per SQM net Not Negotiable ____ old ikoyi direct listing 2. queens drive ikoyi 5,200 square meters Existing Structure on the land. Lagos State Title.

Banana Island Estate, Ikoyi, Lagos
2000 sqm
De- Duru Isaac Home's
₦4,100,000 per sq.m

Residential land for sale

750SQM and 500SQM

750 sqm land in queens drive Ikoyi Title... Federal cofo 4.1m per sqm Pastor

Queens Drive, Ikoyi, Lagos
JB Homes and Properties
₦4,100,000 per sq.m

Residential land for sale

Available Plot of Land

750 sqm land in queens drive Ikoyi Title... Federal c of o 4.1m per sqm Pastor

Queens Drive, Ikoyi, Lagos
750 sqm
JB Homes and Properties
₦2,100,000,000

Residential land for sale

500 SQM Land

For sale in old ikoyi.. Location : Queens Drive Size : 500sqm Title: Federal c of o Price: N2.1billion Naira

Queens Drive, Old Ikoyi, Ikoyi, Lagos
Kings Property
$10,000,000

Residential land for sale

5,100 SQM

Water front land for sale on queens drive, ikoyi Waterfront 5,100sqm ( Split sales of 2,550sqm for 2 different buyers can be negotiated) Location: Queens Drive, Ikoyi Title: Federal CofO Price: $10M usd and : $5M usd for half

Queens Drive, Old Ikoyi, Ikoyi, Lagos
5100 sqm
Kings Property
$8,000,000

Residential land for sale

5,100SQM Land Available

Water front land for sale on queens drive, ikoyi Waterfront 5,100sqm ( Split sales of 2,550sqm for 2 different buyers can be negotiated) Location: Queens Drive, Ikoyi Title: Federal CofO Price: $8M usd and $4M usd for half

Queens Drive, Old Ikoyi, Ikoyi, Lagos
5100 sqm
Kings Property

Showing 1–19 of 19 properties

Area Guide

About Ikoyi, Lagos

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.

Read the full area guide
FAQ

Frequently asked questions

The average price of residential land on Queen's Drive, Ikoyi, Lagos is ₦6,300,000,000.

Prices for residential land on Queen's Drive, Ikoyi, Lagos go up to around ₦33,000,000,000.

Prices for residential land on Queen's Drive, Ikoyi, Lagos start from around ₦2,100,000,000.

There are 19 available residential land on Queen's Drive, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for residential land on Queen's Drive, Ikoyi, Lagos range from ₦3,800,000 to ₦33,000,000,000.