Nigeria Property Centre

Residential Land for Sale in Banana Island, Ikoyi, Lagos

There are 189 land for sale in Banana Island as of 3 Sep 2026, with an average price of ₦4.7M. 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.

Premium
₦5,000,000 per sq.m

Residential land for sale

Juicy Land in a Secured Estate

️ For sale -- banana island, ikoyi a prime corner piece development site measuring 1,906sqm, strategically located at Banana Island, one of Lagos' most prestigious residential addresses. Location: Banana Island, Ikoyi Land Size: 1,906sqm Price: ₦5,000,000 per sqm Property Highlights Prime Corner Piece ️ Excellent Development Opportunity Suitable for Luxury Residential Development Secure & Exclusive Environment Call to book your private inspection today

Banana Island, Ikoyi, Lagos
1906 sqm
Deherculean Enterprises
Well Located Prime 850SQM Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
2
₦5,000,000 per sq.m

Residential land for sale

Well Located Prime 850SQM Waterfront Land

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

Banana Island, Ikoyi, Lagos
850 sqm
Stephen Aims Real Estate LTD
Residential Land with Existing Structure — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦28,000,000,000

Residential land for sale

Residential Land with Existing Structure

️ 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

Second Avenue, Banana Island, Ikoyi, Lagos
6170 sqm
Ubosi Eleh & Co
1000SQM Bareland in a Gated Estate — Banana Island, Ikoyi, Lagos
Premium
3
₦4,000,000 per sq.m

Residential land for sale

1000SQM Bareland in a Gated Estate

Banana Island, Ikoyi, Lagos
Alvinacle Properties
Prime Waterfront Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Prime Waterfront Residential Land

Prime waterfront land measuring 3,403 sqm Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion jm

Banana Island, Ikoyi, Lagos
3403 sqm
Ama of Lagos Realty LTD
Premium
₦18,280,000,000

Residential land for sale

2 Prime Plots of Land

For sale > rare double banana island offer N9.41B + ₦8.87B = ₦18.28B total 2 prime plots FGN C of O The richest zip code in africa is trading (1) Prime residential 310 Close, Banana Island 1,960.540 SQM ₦4.8M per SQM total: ₦9,410,592,000 FGN C of O Build your ultra-luxury waterfront mansion on the most prestigious street in Nigeria. 71 years of generational wealth. (2) Mixed-use cornerpiece Banana Island, Ikoyi Approx 1,970 SQM ₦4.5M per SQM total: ₦8,865,000,000 ️ Highrise Development Approved FGN C of O Corner location. Perfect for Grade-A Tower, 5-Star Hotel, or Mixed-Use that prints cash. Banks will fight to fund this. WHY this won't last: Banana Island plots trade once every few years. 3,930SQM combined with FGN C of O is unicorn-level rare. This isn't just land. It's a monopoly on status + liquidity. For: Serious Buyers. Real Developers. Family Offices Only Proof of Funds Required. No Inspections Without pof.

Banana Island, Ikoyi, Lagos
3930 sqm
Healthy Living Topnotch Properties
Premium
₦13,000,000,000

Residential land for sale

2, 600SQM Residential Waterfront Land

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........

3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Healthy Living Topnotch Properties
Prime 500 SQM Land — Banana Island, Ikoyi, Lagos
Premium
1
₦2,500,000,000

Residential land for sale

Prime 500 SQM Land

Prime 500 Sqm Land Located in Banana Island

Banana Island, Ikoyi, Lagos
500 sqm
Jioram Multinational Resources
Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,000,000 per sq.m

Residential land for sale

Residential Land

Available land deals for sale Banana island ikoyi 1000sqm or 500Sqm 4M per SQM. 309 close

Banana Island, Ikoyi, Lagos
Alvinacle Properties
2245SQM Bare Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500 per sq.m

Residential land for sale

2245SQM Bare Land

Banana Island, Ikoyi, Lagos
Alvinacle Properties
1960SQM of Premium Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦9,410,000,000

Residential land for sale

1960SQM of Premium Residential Land

1960sqm of residential premium land for sale In banana Island, price : 9.41B Title fed c of o Contact 09169725780. Slightly negotiable for serious buyer ready to close. Inspection and documentation ready to verified buyers only. Contact 09169725780

Banana Island, Ikoyi, Lagos
1960 sqm
Danna Properties
Prime Waterfront Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Prime Waterfront Residential Land

Prime waterfront land measuring 3,403 sqm. Location: Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Let's Deal! Ubo

Banana Island, Ikoyi, Lagos
3403 sqm
Flowtouch Properties
Water-Front Land Measuring 2200 SQM — Banana Island, Ikoyi, Lagos
Premium
5
₦4,000,000 per sq.m

Residential land for sale

Water-Front Land Measuring 2200 SQM

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.

Banana Island, Ikoyi, Lagos
2200 sqm
First Colony Real Estate Company LTD
2600SQM Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦13,000,000,000

Residential land for sale

2600SQM Waterfront Residential Land

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

3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Rosemond Hills Limited
Waterfront 852SQMS Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Waterfront 852SQMS Residential Land

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.

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Temisegun Concept Nigeria Limited
Rare 2, 270SQM Plot of Land — Banana Island, Ikoyi, Lagos
Premium
7
₦9,100,000,000

Residential land for sale

Rare 2, 270SQM Plot of Land

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.

Banana Island, Ikoyi, Lagos
2270 sqm
Ejo Properties Limited
Residential Land — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

Residential Land

Plot measuring 4,200sqm Title: Fed Cofo Price: N4.5m/sqm Davidoko

Banana Island, Ikoyi, Lagos
4200 sqm
Flowtouch Properties
852SQM Water Front Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

852SQM Water Front Land

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

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Gui Integrated Concept Limited
804SQM of Developed Land — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000

Residential land for sale

804SQM of Developed Land

Plot A: 804 sqm of land (Facing Banana Island Road) Title: - Deed of Assignment - Survey - C of O Price: ₦4.5M per sqm Contact 09169725780

Banana Island Road, Banana Island, Ikoyi, Lagos
804 sqm
Danna Properties
Waterfront Residential Land Measuring 852SQM — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land Measuring 852SQM

Exclusive sale > waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Property Details - 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: ₦5,000,000 per Sqm - Total: ₦4,260,000,000 Features - Direct Waterfront - Serene and Secure Environment - Proximity to 2nd & 3rd Avenue Infrastructure - Ready to Build This is one of the few direct waterfront plots available in Banana Island. Ideal for immediate luxury residential development. For inspection & documentation WhatsApp / Call: 09169725780

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Danna Properties

Showing 1–20 of 189 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of residential land for sale in Banana Island, Ikoyi, Lagos is ₦4,700,000 per square meter.

The price of the most expensive residential land for sale in Banana Island, Ikoyi, Lagos is ₦6,000,000 per square meter.

The price of the cheapest residential land for sale in Banana Island, Ikoyi, Lagos is ₦3,500,000 per square meter.

There are 189 available residential land for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.