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Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
₦900,000 per square meter
#364-196-5 26 Aug 2026 Added today
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1,000 m² Plot size
Residential Property type

About this property

Lekki Foreshore Estate, Lekki Phase 1. 1,000 SQM. ₦900,000 per SQM. ₦900,000,000 Total. Registered Deed of Assignment. Global C of O. Gazette. The Estate's Rate Just Moved. Here's the Plot at the New Number. The problem There's a category of Lekki Phase 1 land buyer who has already done the work most people skip --- verified the drainage claim, verified the title structure, and settled on Lekki Foreshore Estate specifically. What's left isn't whether to buy in this estate. It's whether the current asking price still makes sense against what the estate has been trading at. This listing is 1,000sqm, Lekki Foreshore Estate, ₦900,000 per sqm --- and it's worth comparing directly against what else has moved in this same estate recently. The agitation Here's the estate's own recent trading history, and where this listing sits against it. Multiple outright plots in Lekki Foreshore Estate --- a 600sqm parcel, a 700sqm parcel, and a 1,709sqm corner plot --- have all been listed at ₦850,000 per sqm. A smaller, gate-adjacent 402sqm Parcel a plot commanded a premium above that standard rate, at roughly ₦1,069,652 per sqm, reflecting its specific proximity to the main gate. This listing --- 1,000sqm at ₦900,000 per sqm --- sits above the estate's established ₦850,000/sqm standard rate, but below the Parcel a gate-proximity premium. That's a meaningful data point for a buyer tracking this specific estate: the baseline rate here has moved from ₦850,000 to ₦900,000 per sqm on this listing, a roughly 6% increase over the previously verified standard plots. Whether that reflects genuine estate-wide appreciation, a different parcel position within the estate, or simply a newer listing catching up to market movement is worth asking the agent directly --- but it's not an unreasonable increase relative to the estate's own track record. The solution 1,000 square metres of residential land, Lekki Foreshore Estate, Lekki Phase 1. Registered Deed of Assignment. Global Certificate of Occupancy. Gazette. ₦900,000 per square metre. ₦900,000,000 total. Here is what this parcel delivers: Lekki Foreshore Estate's drainage architecture. As established across this estate's listings, the drainage system is channelled directly to the Lagos lagoon rather than to a soak-away or retention pond that backs up during heavy rainfall. This listing describes the same mechanism directly: excellent drainage connected to the lagoon, with no flash flooding --- consistent with the estate's documented track record through multiple rainy seasons. Dual gate access --- Freedom Way and Admiralty Way. The same operational advantage established across this estate: when one route backs up, the other is available, a genuine daily commute benefit in Lagos traffic conditions. A newly created layout. As with the estate's other recent listings, new drainage infrastructure means channels that haven't yet accumulated years of silt and debris --- operating at full capacity for a buyer building and occupying in the near term. 1,000sqm. A genuinely spacious footprint --- larger than the estate's 402, 600, and 700sqm comparables --- sized comfortably for a main house, BQ, real parking, and garden space without stepping into the estate's largest 1,709sqm corner-plot tier. Registered Deed of Assignment, Global C of O, and Gazette. The same triple-layered title documentation already established as this estate's standard --- strong, verifiable, and ready for solicitor review. Why this beats the alternatives on the table. The 600sqm and 700sqm plots at ₦850,000/sqm cost less per sqm but offer meaningfully less space. The 1,709sqm corner plot offers more scale at the same standard rate, but at a much larger total commitment. This 1,000sqm plot is the mid-scale option --- more room than the smaller parcels, a smaller total outlay than the corner plot, at a rate only modestly above the estate's established baseline. The call to action 1,000sqm. Lekki Foreshore Estate, Lekki Phase 1. ₦900,000/sqm. ₦900,000,000 total. Registered Deed of Assignment, Global C of O, Gazette. The buyer for this plot has already accepted the case for this estate's drainage and title credentials --- what's left is locking in a genuinely spacious mid-scale plot before the estate's rate moves further from its established ₦850,000/sqm baseline. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask directly what's driving the rate above the estate's previously verified ₦850,000/sqm standard. The drainage has already been tested through more than one rainy season. The dual gates are already built into the layout. The only open question is whether you lock in today's rate before it moves again. Land Type: Residential Land (Vacant) Size: 1,000 sqm Price: ₦900,000/sqm --- ₦900,000,000 total Title: Registered Deed of Assignment, Global Certificate of Occupancy, Gazette Drainage: Directly connected to the Lagos lagoon --- no flash flooding Access: Dual gate --- Freedom Way and Admiralty Way Location: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Internal Comparable Context (Lekki Foreshore Estate): 600sqm outright plot --- ₦850,000/sqm 700sqm outright plot --- ₦850,000/sqm 1,709sqm corner plot --- ₦850,000/sqm 402sqm, Parcel a, gate-adjacent --- ≈₦1,069,652/sqm This listing: 1,000sqm --- ₦900,000/sqm (₦900,000,000) Posted: 26 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-196-5

Property details

Reference ID #364-196-5
Listed by Smilebay Realties Limited
Property type Residential Land
Listing status Residential land for sale
Plot size 1,000 m²

Area guide — Lekki

Lagos

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki, Lagos

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