Terraced bungalow for sale
Detached duplex for sale
5-Bedroom Fully Detached Duplex Onikoyi, Ikoyi, Lagos
About this property
The Elevator Takes You to Every Floor.
The Cinema Is a Room, Not a Screen.
Governor's Consent. Approved Building Plan.
Onikoyi, Ikoyi. ₦2.5 Billion. One Property.
THE PROBLEM
The Ikoyi residential market at the ₦2B and above price point has a well-known filtering problem.
Most buyers at this level have been through enough viewings to know exactly what they are looking for. The bedroom count is confirmed. The general address is decided. The title type is understood. The budget is structured.
What they have not found --- consistently, across viewing after viewing --- is the property where every specification on their internal list is actually present, in the same building, on the same plot, with the title documentation to match.
The elevator is present but the pool is outside and shared. The pool is private but the cinema is a projector in the master bedroom. The cinema is a proper room but the title is a Deed of Assignment on a Global C of O with a pending consent upgrade. The title is Governor's Consent but the building plan was never approved and the structural risk sits quietly in the back of the due diligence folder.
Getting everything --- the indoor pool, the elevator, the cinema, the private BQ for a full domestic staff complement, the 24/7 power, and a dual-document title that closes both the land and the structure simultaneously --- in one property, on one 400sqm plot in Ikoyi, has been the combination that the market has not been offering at a single address.
This property on Onikoyi, Ikoyi, offers it today.
THE AGITATION
Here is what the Ikoyi property search at this level has cost the buyer who has been through four or five viewings without a result.
Not the time --- though the time is real. Not the legal fees spent on preliminary due diligence on properties that subsequently failed the title review --- though those are real too.
The cost is the continued occupancy of the current situation.
Every month the right property has not been secured is a month the current address continues. For the principal at this level, the current address is likely adequate. It is likely even impressive by most standards. But it is not the Ikoyi position that reflects the full scope of what has been built professionally. It is not the house where the elevator is a daily fact of life rather than a hotel memory. It is not the building where the pool is accessible in January at 10 PM without stepping outdoors. It is not the compound where two BQ rooms mean a properly staffed household operating with genuine domestic infrastructure rather than compromise arrangements.
Meanwhile, the Ikoyi detached market continues to move. The ₦3.3B listing on NPC today is a 5-bedroom without an elevator or indoor pool. The ₦8.5B development is a different category entirely. The window on a 5-bedroom Ikoyi detached duplex at ₦2.5B --- with elevator, indoor pool, cinema, 2-room BQ, Governor's Consent, and Approved Building Plan --- is not a permanent feature of the market.
It is this listing. It is today.
THE SOLUTION
A 5-bedroom fully detached duplex in Onikoyi, Ikoyi, Lagos. 400sqm plot. Secured estate. Good access roads. Governor's Consent and Approved Building Plan --- both confirmed and available for solicitor review. 24/7 power. ₦2,500,000,000.
Here is what makes this property distinct from every other Ikoyi detached duplex in this portfolio --- and from most of what the Ikoyi market offers at this price point:
An indoor swimming pool. This is the feature that exists in almost no other residential property in the Smilebay Realties forty-three-listing portfolio --- and in very few Lagos residential properties at any price point. The pool is inside the building. That means it is private in a way that no outdoor pool can achieve --- no visibility from the compound, no weather dependency, no seasonal limitation. A 10 PM swim on a Tuesday after a draining day is not a logistics decision. It is a 30-second walk from any floor in the building. A January morning swim before the 7 AM call happens the same way it happens in August. The indoor pool is not an amenity. It is a daily infrastructure of a specific quality of life that outdoor pools in compounds approximate but do not replicate.
An elevator. The building handles all vertical movement. Every floor is accessible without a staircase. Groceries, luggage, your briefcase after a long day, your elderly parent on a visit --- the elevator manages it. In a multi-floor fully detached duplex in Ikoyi, an elevator converts the building from one that requires physical negotiation of its own vertical to one that simply responds to where you need to be. The daily convenience accumulates into a significant quality-of-life advantage that every occupant of an elevator building notices within the first week and never wants to lose.
A dedicated cinema room. A room designed for the experience. Acoustically contained. Seated. Not a projector arrangement. Not a large television in the family lounge. A cinema room that functions as a cinema. Saturday evenings with the family that do not require going anywhere. The Champions League final that deserves more than a 65-inch screen in a room with ambient noise. The film night that becomes the recurring household ritual because the infrastructure supports it rather than forcing improvisation.
Five en-suite bedrooms. Every bedroom has a private bathroom. Seven bathrooms across five bedrooms mean the household never queues. Never negotiates morning timing. Every occupant --- adult, child, guest --- operates independently from a space that is privately theirs. Eight toilets distributed across the building means the common areas and social floors are never dependent on bedroom access.
A 2-room BQ --- full domestic staff infrastructure. Two separate quarters for domestic staff within the compound. For a household at this level --- where drivers, cleaners, cooks, and security staff are part of the daily operational infrastructure --- two BQ rooms mean a properly configured domestic arrangement where the staff has appropriate private accommodation and the household's spatial integrity and privacy remain intact at all times. You are not managing a compromised domestic setup. You have the infrastructure of a properly run household built into the property.
Extra rooms beyond the five bedrooms. Three additional rooms --- beyond the five bedrooms and the BQ --- within the building. These are available for use as home office, gym, storage, staff utility, or flex space depending on the household's specific requirements. The extra rooms mean the building's spatial programme extends beyond the bedroom count --- giving occupants the flexibility to configure their home to their actual life rather than adapting to a fixed floor plan.
Governor's Consent AND Approved Building Plan --- dual documentation, both confirmed. This combination eliminates the two most common due diligence risks in Lagos premium residential property simultaneously. The Governor's Consent is the individually registered, personally named Lagos State title instrument --- the strongest individual ownership confirmation in Lagos land law. It confirms who owns the land and that the ownership is registered with the state. The Approved Building Plan confirms that the structure was built to a design that Lagos State has officially sanctioned. It eliminates the regulatory exposure that exists when a building is constructed without plan approval --- the specific risk that a structure could face a compliance challenge from Lagos State on its legality. Both documents exist. Both are available for solicitor review from the first call. There is no title conversation that this transaction cannot complete.
Secured estate with good access roads. Onikoyi, Ikoyi, sits within one of the established residential estate pockets of the Ikoyi sub-zone --- gated, managed, with road access that functions consistently regardless of season. You are not navigating an unmaintained access road to reach your compound. The estate infrastructure around the building is in place and operational.
24/7 power supply. Backed by prepaid meter, borehole, and treated water. The power infrastructure is confirmed and continuous. You do not manage it. It operates. Every floor of the building has power every hour of every day, regardless of NEPA supply, regardless of your travel schedule, regardless of what the generator situation in the surrounding neighbourhood is doing.
Security infrastructure --- complete and layered. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV surveillance. Security gateman. Intercom. Fire safety. Each security layer is independently operational. The compound is protected at multiple levels simultaneously.
400sqm plot --- the correct footprint for this specification. The land accommodates the building, the indoor pool infrastructure, the BQ, the parking, and the compound with a clean, spacious configuration. Nothing is compressed. The compound functions in proportion to the building.
Onikoyi, Ikoyi sits within the established residential infrastructure of the Ikoyi sub-zone. The area benefits from the same drainage heritage and elevation position that characterises Old Ikoyi's resistance to the flooding that affects lower-lying or less-managed parts of Lagos Island.
Smilebay Realties does not list properties in flood-prone areas. This property in Onikoyi, Ikoyi, was assessed against that standard before listing. It passed.
THE CALL TO ACTION
One property. Onikoyi, Ikoyi. Five bedrooms. Seven bathrooms. Eight toilets. 400sqm. Indoor pool. Elevator. Cinema. 2-room BQ. Extra rooms. Governor's Consent. Approved Building Plan. 24/7 power. Secured estate. ₦2.5 billion.
The buyer for this property has been through enough Ikoyi viewings to recognise, immediately, what it means when every specification on the list is present in one building with both title documents confirmed.
That recognition does not require a long deliberation. It requires one call.
Title documentation available for immediate solicitor review. Viewing by appointment. Both Governor's Consent and Approved Building Plan available for inspection before any offer is formalised.
Call or WhatsApp Smilebay Realties: +234 901 517 4801
The pool is indoors.
The elevator works.
The title is clean on both counts.
This is the one.
5 Bedrooms --- 7 Bathrooms --- 8 Toilets --- Fully Detached --- 400sqm Plot --- Secured Estate
Extra 3 Rooms --- 2-Room BQ --- Ample Parking --- Good Access Roads
Indoor Swimming Pool --- Private, Year-Round, Inside the Building
Elevator --- Full Vertical Access Across All Floors
Cinema Room --- Dedicated, Acoustically Contained
All Rooms En-Suite --- Spacious Living Area --- Fitted Kitchen --- POP Ceilings --- Built-In Wardrobes --- Tiled Floors --- Water Heater --- Guest Toilet
Power: 24/7 Power Supply --- Prepaid Meter --- Borehole --- Treated Water
Internet: High-Speed WiFi
Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Security Gateman --- Intercom --- Fire Safety
Title: Governor's Consent --- Individually Registered
Building Documentation: Approved Building Plan --- Confirmed
Both Documents Available for Immediate Solicitor Review
Location: Onikoyi, Ikoyi, Lagos
Price: ₦2,500,000,000
Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment
Listed by Smilebay Realties Limited --- Ref: 3547710
Features and amenities
Interior & Finishing
Fitted kitchen POP ceiling Built-in wardrobes En-suite bedrooms Tiled floors Water heater Guest toiletPower & Utilities
24/7 power supply Prepaid meter Borehole Treated water High-speed internet / WiFiSecurity & Safety
Security gate Perimeter fencing Electric fence Burglar proof CCTV surveillance Security / gateman Intercom Fire safetyOutdoor & Communal
Swimming pool Boys' quarters (BQ) Car park BalconyProperty details
Area guide — Ikoyi
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sop...
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track rec...
Read the full area guide for Ikoyi, Lagos
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Disclaimer
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