Residential Land for Sale in Lekki Phase 1, Lekki, Lagos
There are 238 land for sale in Lekki Phase 1. 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.
2,500sqm admiralty way Waterfront land for sale off admiralty way, lekki phase 1. Very brilliant Water front area. Other Plots sizes available; 10,000sqm 15,000sqm 8,500sqm 17,000sqm Title: Governors Consent Admiralty Waterfront land N2m per sqm Strictly for only serious buyers enquiry.
Strategically Located offplan land in Lagoon district, Lekki Phase 1 going for 600 million naira. 5% Agency commission applies
Lekki Phase 1, Lekki, Lagos
Added today
1000 sqm
LHBH Limited
Featured
₦2,500,000,000
Residential land for sale
1, 336 SQM Bareland
Ref: L - nse - 2 Description: 1,336 Sqm Land - Bareland Title: C of O Location: Lekki Phase 1 Price: 1.7B Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Lekki Phase 1, Lekki, Lagos
Added yesterday
1336 sqm
No SQM Escapes
Featured
₦1,600,000,000
Residential land for sale
1200SQM Cornerpiece Land
Semi Direct Cornerpiece Land for sale in U3 Estate, Lekki. Land size: 1200sq.m Title: Gov. Consent Price: N1.6B Vol 22 22
Lekki Phase 1, Lekki, Lagos
1200 sqm
Crestforesight Homes & Properties LTD
Featured
1
₦1,700,000
Residential land for sale
1, 199 SQM Cornerpiece Land - with Demolishable Structure
Ref: L - nse - 8 Description: 1,199 Sqm Cornerpiece Land - With Demolishable Structure Title: C of O Location: Lekki Phase 1 Price: 1.7B Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Lekki Phase 1, Lekki, Lagos
Added yesterday
1199 sqm
No SQM Escapes
Featured
4
₦1,600,000
Residential land for sale
1, 691 SQM Corner-Piece Waterfront Land
Ref: L - nse - 7 Description: 1,691 Sqm Corner-Piece Waterfront Land Title: C of O Location: Lekki Phase 1 Price: 1.6m Per SQM Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Lekki Phase 1, Lekki, Lagos
Added yesterday
1691 sqm
No SQM Escapes
Featured
6
₦770,000
Residential land for sale
Flagship: 1, 007SQM
The headline: Lekki Foreshore Estate Is Still Open. Plots from 1,000sqm to 5,035sqm Across Three Distinct Parcels. Including a Lagoon Waterfront Position in Parcel C That Has No Equivalent in This Corridor. Newly Created Layout. Deed of Assignment. Global C of O. Prices Rising. The problem The Lekki Phase 1 land conversation has, for most serious buyers and developers, felt increasingly like a market they missed. The corridor is established. The demand is documented. The price trajectory is a single direction over two decades and it has not reversed. Every professional who has been watching Lekki Phase 1 land from the outside --- calculating, deliberating, waiting for conditions to align --- has watched the per-sqm floor move upward while they stood still. Lekki Foreshore Estate, inside Lekki Phase 1, is a specific sub-address within that corridor that carries all of Phase 1's investment credentials --- plus one that most Phase 1 addresses do not have: a newly created layout across three distinct sub-parcels, each with its own position, its own character, and its own development thesis. The estate infrastructure already exists. The dual-gate access --- Freedom Way and Admiralty Way --- is functioning. The road network is in place. But the individual plot layout has only recently been parcelled into Parcel a, Parcel B, and Parcel C. That combination --- estate infrastructure already built, plot layout recently released --- is the precise entry condition that produces the best land acquisition outcomes in Lagos. The estate is not developing around you. It is already developed. The plots are new to the market. The prices reflect where the corridor is today, not where it will be when these parcels are fully absorbed. That window is open now. It will not be described as "newly created" much longer. The agitation Here is the documented cost of watching a newly created layout in an established Lekki Phase 1 estate from the sideline. The Lekki Foreshore Estate corridor has produced consistent price appreciation across every macro cycle Lagos has navigated in the last fifteen years --- devaluations, inflation spikes, political transitions, global slowdowns. Land in this corridor has not experienced sustained price correction in the way other asset classes have. It has absorbed every headwind and continued moving. The investors and developers who entered this estate at earlier pricing are not selling at today's per-sqm rates. They are holding or building --- because the exit value of developed property in this corridor continues to justify the land acquisition cost at a margin that makes the original entry price look conservative in retrospect. The professional who calculates and defers is not making a risk-reduction decision. They are making a cost-increase decision. Every month of deferral on a Lekki Foreshore plot is a month the "newly created" description ages, the available parcels reduce, and the per-sqm entry point moves toward the level the next buyer will find when they search this estate. There are now three distinct positions available --- outer gate access in Parcel a, the settled central position in Parcel B, and the lagoon waterfront in Parcel C. Each serves a different buyer. Each is priced at a level that will look very different twelve months from now. The listing states it plainly: prices are on the rise. Now is the best time to buy. That is not sales language. It is the documented behaviour of this corridor --- and every buyer who has acted on it in this estate has not regretted it. The solution Lekki Foreshore Estate, Lekki Phase 1. Newly created layout subdivided into Parcels a, B, and C. Dual-gate access on Freedom Way and Admiralty Way. Excellent road network throughout. Deed of Assignment backed by Global Certificate of Occupancy. Governor's Consent upgrade available to the final buyer. Multiple plots from 1,007sqm to 5,035sqm across all three parcels. Understanding the estate's parcel structure is the first step to choosing the right position. Parcel a --- The Outer Parcel. Closest to the Estate Gate. Parcel a sits on the outer edge of Lekki Foreshore Estate, directly adjacent to the estate entrance. For buyers and developers who value immediate accessibility above all --- fast access from Freedom Way and Admiralty Way, maximum visibility of the development from the estate approach, and the shortest internal road distance from gate to plot --- Parcel a is the position. The 1,053sqm plot in Parcel a is priced at ₦950,000 per sqm, totalling approximately ₦1,000,350,000. This reflects the premium gate-proximity position. For a developer whose project relies on ease of construction access and strong kerb appeal from the estate entrance, this premium is justified operationally and commercially. Parcel B --- The Central Parcel. The Settled Interior Position. Parcel B occupies the heart of the estate --- removed from the gate activity of Parcel a, insulated from the waterfront edge of Parcel C, positioned in the calm residential interior that most families and end-user buyers find most liveable. The central parcel is where the estate's residential character is most consistent, where the road infrastructure around the plot is most established on all sides, and where the balance between access, privacy, and community feel is at its best. The majority of the portfolio's plots at ₦800k per sqm sit in Parcel B. For the professional building their own home, the developer building a boutique residential project, or the investor acquiring land with the strongest long-term hold characteristics --- Parcel B is the core position in this estate. Available plots in Parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦950,000 per sqm --- approximately ₦1,500,000,000 The 1,700sqm plot is the largest single parcel in Parcel B --- the widest buildable footprint in the central zone at ₦800k per sqm, suited for a developer building at meaningful scale in the residential interior of the estate. Parcel C --- The Waterfront Parcel. Closest to the Lagoon. Parcel C is the premium tier of Lekki Foreshore Estate --- the plots that back onto and face the Lagos lagoon. This is where the estate's name is most literally expressed: foreshore, in the direct sense of land at the water's edge. The 5,035.658sqm waterfront plot in Parcel C is the most significant single land parcel in the entire Smilebay Realties portfolio. At ₦800,000 per sqm, the total acquisition cost is approximately ₦4,028,526,400. This is a waterfront-facing development site of over five thousand square metres in Lekki Phase 1. Dual-gate estate access. Newly created layout entry pricing. A title position that is immediately actionable. The development thesis writes itself for any developer active in this market: a premium multi-unit residential building with lagoon-facing elevation, on a newly parcelled plot in an established Lekki Phase 1 estate, at a per-sqm rate that reflects the layout's creation stage rather than its matured market value. The exit pricing of lagoon-facing residential units in this corridor against the ₦800k per sqm acquisition cost produces a development margin that serious developers will calculate without prompting. This parcel deserves a standalone marketing campaign. If you are a qualified buyer with capital structured at ₦4B and above, this is the conversation to prioritize. Also available in Parcel C: 1,000sqm at ₦750,000 per sqm --- ₦770,000,000 (flagship listing, closest to lagoon zone --- confirm exact position at first contact) the title structure --- clear and complete: Every plot in Lekki Foreshore Estate carries a Deed of Assignment backed by a Global Certificate of Occupancy. Here is what that means in practice: The Global Certificate of Occupancy is a master title instrument issued by Lagos State over the entire Lekki Foreshore Estate. It is estate-level, state-registered, and traceable directly to the Lagos State government as the single title authority. There is no community consent chain embedded in it. No family land ambiguity. No conversion risk. Each individual plot's Deed of Assignment traces directly back to that Global C of O --- giving every buyer in this estate a short, clean, verifiable title chain that terminates at the state government. Governor's Consent is available to the final buyer as a post-purchase title upgrade. This is a straightforward Lagos Land Registry application process. With the Global C of O as the master instrument and the Deed of Assignment as the individual conveyance, the Governor's Consent application is supported by the strongest possible documentary foundation. Your solicitor will confirm this. The upgrade process is not an obstacle. It is a step --- one that converts an already-secure title position into the most individually registered title available in Lagos residential land law. All documents are available for immediate solicitor review from the moment contact is made. Flood-free --- all three parcels confirmed: Lekki Foreshore Estate is flood-free throughout Parcel a, Parcel B, and Parcel C. The estate's road and drainage infrastructure manages Lagos rainfall at the estate level across all three zones. The dual-gate access roads to Freedom Way and Admiralty Way are maintained and do not carry the seasonal flooding that affects lower-lying or less-managed addresses in the broader Lekki corridor. Parcel C's lagoon waterfront position is elevated and designed --- not exposed. The drainage infrastructure accounts for the waterfront adjacency throughout the estate. Smilebay Realties does not list properties in flood-prone areas. Every property in this portfolio is assessed for flood risk before listing. Lekki Foreshore Estate --- all three parcels --- passed that assessment. Your land acquisition here is protected from the rainy-season risk that erodes asset value and daily life quality in flood-affected Lagos addresses. The call to action Three parcels. Multiple plots. One estate. One title structure. One agent. The buyer for Parcel a wants gate proximity and construction access efficiency. The buyer for Parcel B wants the central, settled, residential interior of an established Lekki Phase 1 estate. The buyer for Parcel C --- specifically the 5,035sqm waterfront --- wants the most significant development land position in the entire Smilebay Realties portfolio. All three conversations begin with the same call. Title documentation available for immediate solicitor review. Site visits arranged across all three parcels this week. Plot positions and exact parcel allocations confirmed at first contact. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Parcel a is at the gate. Parcel B is at the centre. Parcel C is at the water. Which position is yours? Flagship: 1,000sqm --- ₦770,000,000 --- Parcel C (lagoon zone, confirm exact position at first contact) parcel a: 1,053sqm at ₦950,000 per sqm --- approximately ₦1,000,350,000 --- near estate gate parcel B: 1,001sqm at ₦800,000 per sqm --- approximately ₦800,800,000 1,002sqm at ₦850,000 per sqm --- approximately ₦851,700,000 1,004sqm at ₦800,000 per sqm --- approximately ₦803,200,000 1,012sqm at ₦800,000 per sqm --- approximately ₦809,600,000 1,013sqm at ₦800,000 per sqm --- approximately ₦810,400,000 1,019sqm at ₦800,000 per sqm --- approximately ₦815,200,000 1,039sqm at ₦800,000 per sqm --- approximately ₦831,200,000 1,700sqm at ₦800,000 per sqm --- approximately ₦1,360,000,000 parcel C: 5,035sqm waterfront at ₦800,000 per sqm --- approximately ₦4,028,526,400 --- lagoon facing Estate: Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Title: Deed of Assignment backed by Global Certificate of Occupancy Governor's Consent: Upgradeable post-purchase by final buyer Access: Dual-gate --- Freedom Way and Admiralty Way Flood-Free: Confirmed --- all three parcels Prices Rising --- Newly Created Layout --- Now Is the Best Time to Buy Listed by Smilebay Realties Limited --- Ref: 3210179
Lekki Phase 1, Lekki, Lagos
1007 sqm
Smilebay Realties Limited
Featured
1
₦690,000,000
Residential land for sale
450SQM Corner Plot Off Admiralty Way, Central Lekki Phase 1
Central Lekki Phase 1. Two Plots. Two Locations. Great deals. The Corner Plot Leads at ₦690 Million. C of O. Vacant. Fenced. Ready to Build Immediately. The problem Lekki Phase 1 land in the central zone does not announce itself gently. It does not sit on the market for long. It does not negotiate extensively. It does not wait for buyers who need another month to get their finances aligned. The central part of Lekki Phase 1 --- the interior residential zone that sits away from the expressway noise, close to Admiralty Way, accessible from Freedom Way, surrounded by the schools, the commercial strip, and the domestic infrastructure that has made this neighbourhood the most consistently in-demand residential address in Lagos --- is the most land-constrained sub-zone in the entire Lekki corridor. New plots do not appear here regularly. The ones that do appear carry title documents, established road access, and the kind of location credibility that buyers have been tracking for years. When they enter the market, they attract attention from people who have been watching. Two plots have entered the market simultaneously. Both in the central part of Lekki Phase 1. Both with confirmed titles. Both ready to build. The corner plot leads at ₦690M. The agitation Here is the calculation that most Lekki Phase 1 land buyers have made at some point and then deferred acting on. Lekki Phase 1 land in the central zone has appreciated without sustained reversal for two decades. The buyers who entered at ₦200M, ₦300M, ₦400M are not selling at those numbers. They are either building, holding, or transacting at the multiples the corridor has produced. Every year of deferral on a Lekki Phase 1 central land position has historically been a year of opportunity cost --- not just in appreciation foregone, but in the narrowing supply of available plots at any price. The professional who has been meaning to secure a Lekki Phase 1 land position --- for a development project, for a private home, for a land bank strategy --- has been watching this corridor price upward while the deliberation continues. ₦690M for a 450sqm corner plot in the central part of Lekki Phase 1, with a C of O and road access off Admiralty Way, is not the price this address will carry indefinitely. And the corner is the position that serious developers and architects specifically wait for --- the dual frontage, the dual access, the architectural advantage that an internal plot at the same price cannot replicate. This is the moment. Not the next listing. This one. The solution Two plots in the central part of Lekki Phase 1. Different locations, different sizes, different prices --- same sub-corridor, same institutional-grade title position, same ready-to-build status. Here is each one in full: The lead plot --- the corner position 450sqm corner plot. Off Admiralty Way. Central Lekki Phase 1. Vacant and fenced. C of O title. ₦690,000,000. A corner plot in Lekki Phase 1 is architecturally and commercially different from an interior plot at the same price --- and the difference is worth understanding before evaluating the ₦690M ask. A corner plot has two street-facing frontages instead of one. That means two points of vehicular access, two building elevations with road presence, and a building footprint that architects can configure with a wider design vocabulary than a single-frontage plot allows. For a developer building a residential property that sells or lets at a premium --- the corner position means a better-looking building from two angles, better natural light on two sides, and a visual impact from the street that internal plots simply cannot produce. For an end-user building their own home, it means a wider compound entrance, more architectural flexibility, and a building that announces itself rather than sitting anonymously in a row. The plot is vacant and fenced. The boundary is defined. No encroachment to resolve. No vegetation clearance beyond standard site preparation. Your contractor breaks ground on the schedule you set, not the plot's. C of O title. The title is confirmed. Your solicitor reviews it. The process is clean. Off Admiralty Way. The most established residential axis in Lekki Phase 1. The road that connects the entire Phase 1 residential interior to Freedom Way, to the Lekki-Epe Expressway approach, and to every commercial and social infrastructure node the neighbourhood is built around. Being off Admiralty Way is being at the correct location within Lekki Phase 1 --- not the edge, not the fringe, the centre. ₦690M at approximately ₦1,533,000 per sqm. At this per-sqm rate, in the central part of Lekki Phase 1, on a corner plot with C of O, off Admiralty Way, vacant and fenced --- this is the correct price for this address at this moment. Portfolio option --- chief collin, lekki phase 1 434sqm rectangular land. Chief Collin, central Lekki Phase 1. Price: ₦800,000,000. Title: Governor's Consent and Approval. Chief Collin is one of the recognised internal residential streets in central Lekki Phase 1 --- a quieter road within the Phase 1 interior that carries the neighbourhood character without the arterial road exposure of Admiralty Way. A rectangular plot on this street is a clean, uncomplicated footprint for a single-family home or a boutique residential development, with no corner geometry to accommodate and no dual frontage design requirements to navigate. At ₦800M for 434sqm, the per-sqm rate is approximately ₦1,843,000 --- reflecting the Governor's Consent title position, which is an individually registered, fully personal title instrument. Governor's Consent on a named internal street in central Lekki Phase 1 is one of the cleanest title positions in Lagos residential land. For the buyer for whom title clarity is the paramount consideration above all else, this plot delivers the strongest individual title in the two-plot portfolio. Both plots --- title and location summary: 450sqm corner plot --- Off Admiralty Way --- C of O --- ₦690,000,000 434sqm rectangular --- Chief Collin --- Governor's Consent and Approval --- ₦800,000,000 Both plots are located in the central part of Lekki Phase 1. Both carry confirmed title documentation available for immediate solicitor review. Both are ready to build. Central Lekki Phase 1 is not a flood-prone zone. The interior residential streets --- Admiralty Way and Chief Collin --- sit in the established residential core of the neighbourhood where drainage infrastructure and road maintenance have been consistently managed as part of the original Lekki Phase 1 government scheme layout. Smilebay Realties does not list properties in flood-prone areas. Both plots were assessed against that standard before listing. Both passed. The call to action Two plots. Central Lekki Phase 1. Both titled. Both ready to build. One agent handling both conversations. The buyer for the corner plot at ₦690M wants the architectural advantage of dual frontage in the most established residential address in Lekki. The buyer for Chief Collin at ₦800M wants the cleanest individual title instrument available --- Governor's Consent --- on a quiet internal street in central Phase 1. Both conversations start the same way. Title documentation available for immediate solicitor review on both plots. Site visits by appointment. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Central Lekki Phase 1 does not wait. The corner leads. The portfolio follows. Choose your position. Primary listing: 450sqm corner plot --- Off Admiralty Way --- Central Lekki Phase 1 --- Vacant and Fenced Price: ₦690,000,000 (approximately ₦1,533,000 per sqm) Title: Certificate of Occupancy Condition: Vacant and Fenced --- Ready to Build Immediately Suitable for Residential or Commercial Development portfolio option: 434sqm rectangular land --- Chief Collin --- Central Lekki Phase 1 Price: ₦800,000,000 (approximately ₦1,843,000 per sqm) Title: Governor's Consent and Approval Both plots: Central Lekki Phase 1, Lagos Both plots: Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Both plots: Title documents available for immediate solicitor review Listed by Smilebay Realties Limited --- Ref: 3127584
Lekki Phase 1, Lekki, Lagos
450 sqm
Smilebay Realties Limited
Featured
3
₦800,000
Residential land for sale
1, 200SQM Exclusive Land in Modern Estate
* New listing!* *1200sqm bare land for sale in Orange island* Location: The Orange island, Freedom way, Lekki, Lagos. Price: N800k/sqm For more enquiries and to schedule an inspection, send a DM
Lekki Phase 1, Lekki, Lagos
1200 sqm
Quolar Global Services
Featured
1
₦850,000
Residential land for sale
1700SQM Land Video Available
Semi Direct Brief 1700sqm Of Land For Sale Lekki foreshore estate Lekki phase 1 Price: 850k per sqm negotiable Title: Governor's consent Lveth si
Lekki Phase 1, Lekki, Lagos
1700 sqm
Henryprime
Featured
1
₦380,000,000
Residential land for sale
Land Plots Measuring 650SQM/1000SQM
Land for sale -- orange island (LEKKI) a prime investment opportunity in the fast-developing Orange Island, Lekki. Available plots: * 650sqm * 1,000sqm This is a well-planned and rapidly appreciating location, ideal for residential or multi family development. The estate offers good accessibility and strong future value growth potential. Title: C of O Price: N380m/580m Location: Orange Island, Lekki Phase 1 Suitable for: * Luxury Houses * Residential development * Investment holding Contact us today for inspection and further details.
Lekki Phase 1, Lekki, Lagos
650 sqm
Future Homes Properties and Investment LTD
ADVERTISEMENT750 × 120
Featured
1
₦2,200,000,000
Residential land for sale
1500SQM
1500sqm for sale at Periwinkle Estate, Lekki Please1 Lekki Lagos. Title: C of O Price: N2.2 billion
Lekki Phase 1, Lekki, Lagos
Sabega Environconcept
Featured
2
₦850,000
Residential land for sale
1, 700SQM Corner Plot
Every Developer in Lekki Phase 1 Knows What Admiralty Way Commands. This Corner Plot in Lekki Foreshore Is How You Get There Before the Market Catches Up. The problem There is a gap in Lekki Phase 1 that experienced Lagos developers understand precisely --- and that most people outside the market never see clearly enough to act on. It is the gap between what land trades for inside a gated Lekki Phase 1 estate on a tarred, dual-access road, and what the finished product sells for when the building is done and the address is "Admiralty Way" or "Lekki Phase 1." That gap --- between acquisition cost and exit value --- is where Lagos real estate fortunes have been built for twenty years. The developers who caught Lekki Phase 1 at the right entry point did not do it by buying on Admiralty Way at peak pricing. They did it by buying in the adjacent corridors, the gated estates, the well-titled plots just inside the Phase 1 boundary --- and developing up to the standard that the Admiralty Way buyer was already paying for. They bought the gap. They built into the premium. They closed the distance between entry price and exit value with concrete and steel. Lekki Foreshore Estate, Lekki Phase 1, is that gap --- today, right now --- at ₦850,000 per square metre. The agitation Here is what the professional Lagos capital allocator who misses this moment will feel twelve months from now. Not regret in a vague sense. Specific, measurable regret. Lekki Phase 1 land inventory moves in one direction. The available parcels inside established, gated estates with functional road infrastructure and dual access gates --- the kind that a serious developer can break ground on without remediation, without access negotiation, without surveying drama --- are finite. They are absorbed by buyers who act when the opportunity is visible, and they do not re-enter the market at the same price. The developer who acquired in Lekki Foreshore two years ago is not selling at ₦850k/sqm. They are either building or holding at a number that reflects what the corridor has done since they entered. The developer who acquires today at ₦850k/sqm and develops a multi-unit residential building benchmarked against Admiralty Way's current sale prices will, at exit, be describing this acquisition price as the decision that made the project work. The margin lives in the entry. The entry is now. And there is a specific detail about this particular parcel that narrows the window further: it is a corner unit. Corner plots in any established residential estate transact before equivalent internal plots because developers with active projects recognize the advantage immediately. Once this conversation becomes widely known, the single-parcel whole will not last. The solution 1,700 square metres. Corner position. Lekki Foreshore Estate, Lekki Phase 1. ₦850,000 per square metre. Tarred road. Dual-gate estate access. Owner willing to split. This is an active opportunity at a current market price with a specific, named exit thesis --- and the exit thesis is stated by the seller himself: develop and sell at Admiralty Way comparative value. Here is what this plot actually delivers for each buyer profile: For the developer acquiring the full 1,700sqm (₦1,452,650,000): a corner plot of this size in Lekki Foreshore is a multi-unit residential development site. Two street-facing frontages means two vehicle access options for the finished building --- a design advantage that translates directly into a more attractive product for the end buyer. Better ingress. Better visual presence from two approaches. A finished building that looks like it belongs on Admiralty Way, because architecturally it has the same corner-plot geometry. At current Lekki Phase 1 pricing for developed multi-unit residential buildings --- apartments, duplexes, or mixed configurations --- the exit value per sqm of built area is materially above the ₦850k/sqm land acquisition cost. The construction cost sits between those two numbers. The margin is what the developer takes. On 1,700sqm of corner land in Lekki Foreshore, that margin is the reason this conversation exists. For two buyers splitting the parcel --- 1,000sqm (₦850,000,000) and 700sqm (₦595,000,000): The owner has confirmed willingness to sell separately. Both sub-parcels remain in the same Lekki Foreshore Estate, same tarred road, same dual-gate access infrastructure. The 1,000sqm parcel is a standalone development site. The 700sqm parcel --- close in size to the 600sqm outright plot previously available in this same estate --- is a viable site for a high-specification private residence or a boutique development unit. Neither sub-parcel is a compromise. Both acquire at the same ₦850k/sqm net rate. The dual-gate estate access --- Freedom Way and Admiralty Way --- is a development infrastructure advantage, not just a commute convenience. For a building under construction, dual access means materials and contractors can move efficiently without creating a single-point access bottleneck. For the completed building's residents, dual access means the Lekki-Epe toll gate backup never traps them in the estate. For the exit buyer evaluating the finished property, dual access is a concrete differentiation from single-entry alternatives. It adds value at every stage of the development lifecycle. Tarred road throughout the estate. The access infrastructure is done. You are not acquiring land and hoping the road follows. The road is there. Site visits happen today. Construction starts on your schedule, not the estate's infrastructure timeline. ₦850,000/sqm is the seller's net price. This is not a headline rate with agency loaded on top as a surprise at the offer stage. The ₦850k/sqm is what the seller receives. Agency and legal are transacted separately and transparently. At Admiralty Way comparable development exit pricing, the acquisition cost is correctly positioned where the seller says it is: at the entry end of the Lekki Phase 1 value spectrum. ️ Title documentation: Confirm with agent before submitting any offer. At this acquisition value, your solicitor must review the title instrument --- whether Federal C of O, Governor's Consent, or Deed of Assignment --- before any funds are committed. Documentation should be available for review. If it is not immediately producible, treat that as a due diligence item to resolve before proceeding. The call to action This listing was posted today. Corner plots in Lekki Foreshore Estate at ₦850k/sqm net, on a tarred road with dual Admiralty Way and Freedom Way gate access, with the owner confirmed willing to split for two separate buyers --- do not stay in conversation indefinitely. The developer who runs the numbers once knows what the Admiralty Way exit thesis means for this parcel's development margin. The buyer who has been watching Lekki Foreshore for the right entry knows this is it. Whole parcel: ₦1,452,650,000. One buyer. Full corner advantage. Split option: ₦850M (1,000sqm) + ₦595M (700sqm). Two buyers. Same estate, same access, same price per sqm. Confirm title documentation. Schedule a site visit. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The Admiralty Way premium exists because buyers there paid for it. This is how you build it instead of paying it. 1,700sqm Corner Plot Tarred Road Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦850,000/sqm net Total: ₦1,452,650,000 Split Option a: 1,000sqm = ₦850,000,000 Split Option B: 700sqm = ₦595,000,000 Dual Gate Access: Freedom Way + Admiralty Way Title: [Confirm --- Federal C of O / Governor's Consent / Deed --- verify before offer] Listed Today: June 20, 2026 Smilebay Realties Limited Ref: 3535016
Lekki Phase 1, Lekki, Lagos
1700 sqm
Smilebay Realties Limited
Featured
3
₦800,000,000
Residential land for sale
1000 SQM
Available for sale is this 1000 sqm land near the entrance gate of the lekki foreshore estate Land size - 1000 sqm Price - 800k per sqm Serious buyers only
Lekki Phase 1, Lekki, Lagos
1000 sqm
Spoton Realty and Construction (SRC) Limited
Featured
₦3,100,000,000
Residential land for sale
1400SQM
*lekki phase 1* lagos Location; Off Admiralty way, Lekki Scheme 1, Lag Land size; *1,400* SQM2 + block of 8-3bedroom flats Price - n3.1billion Title - *Certificate of Occupancy + Governor's consent*
Lekki Phase 1, Lekki, Lagos
Rosemond Hills Limited
Featured
3
₦510,000,000
Residential land for sale
600 SQM Residential Land Lekki Foreshore Estate, Lekki Phase 1
The Lagos Professionals Who Built Generational Wealth Did Not Buy When the Market Was Calm. They Bought When the Layout Was New. The problem There is a specific window in every high-value Lagos real estate corridor. It opens when the infrastructure is already in place --- the gates, the roads, the drainage, the estate perimeter --- but the individual plots have not yet been fully absorbed by the market. Prices are still entry-level relative to what the corridor will sustain eighteen months from now. The title documentation is complete. The land is ready to build. But the wider market has not yet caught up to what is sitting there. This window does not stay open. The people who caught Lekki Phase 1 in that window in the early 2000s are now sitting on assets worth multiples of what they paid. The ones who caught Foreshore's first cycle four or five years ago have already seen material appreciation. Every one of those buyers looked, at the time of their purchase, like they were moving slightly ahead of the consensus. That is exactly what this moment is. And if you are reading this and your reaction is "let me wait and see how the market moves" --- the window is already closing on you. The agitation Here is what the professional Lagos property watcher always gets wrong. They optimise for certainty. They want to see the neighbourhood fully developed, the comps established, the comparable transactions publicly known, before they commit. By the time all of that is visible, the entry price they wanted is gone. The ₦510M plot that looked uncertain a year ago is now ₦700M and the agent is not returning calls on the weekend. This is not speculation. This is the documented price behaviour of every established corridor in Lekki Phase 1 going back fifteen years. Meanwhile, the monthly rent continues. ₦1.5 million. ₦2 million. ₦2.5 million --- gone every month into a landlord's account, building equity for someone else, appearing nowhere on your personal balance sheet. And somewhere in the back of your mind, the calculation you have been meaning to do --- the one that compares what you have paid in rent over five years versus what a plot in Lekki Phase 1 would be worth today if you had bought then --- sits unfinished because you already know the answer and it is uncomfortable. The professionals who are ahead of you financially are not smarter. They did not have better information. They had one discipline: they moved during the window instead of studying the window until it closed. The solution 600 square metres of titled residential land in Lekki Foreshore Estate, Lekki Phase 1. ₦510,000,000. Outright purchase. Complete title documents in hand. This is the window. Here is exactly what it consists of: Lekki Foreshore Estate --- not an emerging corridor, an established one. This is not land in a new scheme three junctions past the last traffic light. Lekki Foreshore sits inside Lekki Phase 1, one of the most consistently in-demand residential addresses in Lagos. The estate's perimeter is defined. Its road network is built and functional. The dual-gate access --- one on Freedom Way, one on Admiralty Way --- means residents have two exit routes in a city where a single blocked access point can cost you an hour. This is infrastructure that already exists. You are not buying a promise. Newly created layout --- the most important three words in this listing. The estate's road and infrastructure framework predates this plot availability. What is new is the parcelling --- this 600sqm parcel has recently been carved out of the layout, which means two things: the entry price has not yet caught up to the corridor's established going rate, and you are acquiring in a phase when similar-sized parcels in this estate's older sections are already commanding materially higher per-sqm figures. The buyers who enter newly created layouts in established estates consistently outperform those who wait for the layout to age. This is observable pattern, not theory. 600sqm at ₦510,000,000 --- translating to ₦850,000 per sqm. This per-sqm figure is the number a land-literate buyer benchmarks. In Lekki Phase 1, Admiralty Way adjacent, dual-gate access, functional road network, inside a named estate with traceable title --- ₦850k/sqm is the price of a market that has not yet fully absorbed the new layout. Comparable parcels in this corridor's more traded sections trade meaningfully above this. You are paying for a timing advantage, not a location compromise. Complete title documents are available for due diligence today. No pending applications. No community approval processes. No ambiguity about who the title authority is. The documents are complete, confirmed, and verifiable by your solicitor before any funds move. In a market where title anxiety is the single largest reason good buyers hesitate on good land, this closes the hesitation before it starts. A larger option exists for buyers with greater capital or development ambition: 700sqm at ₦850,000 per sqm (₦595,000,000). Same estate, same infrastructure, same title quality. For a developer looking at a larger footprint --- more buildable area, more floor plate, more units on exit --- this option is a direct alternative in the same conversation. The per-sqm maths, for anyone doing the development calculation: 600sqm in Lekki Phase 1, depending on zoning and building approval, supports a substantial multi-storey residential development. The cost of construction per sqm of built area, against the exit pricing of developed property in this corridor, produces a development margin that makes the land acquisition at ₦850k/sqm look very different from a sunk cost. It looks like a foundation. And for the end-user --- the professional who simply wants to build their own home on their own land, in their own time, to their own specification, in one of Lagos's most respected residential addresses: this plot is the blank canvas. No developer dictating the layout. No shared wall negotiating the boundary. Your architect. Your contractor. Your timeline. Your home. On 600sqm in Lekki Phase 1, with dual-gate access, functional infrastructure, and clean title. That version of the Lagos property story does not require compromise. The call to action The listing description states it plainly and correctly: prices in this estate are rising. A newly created layout in an established corridor does not hold its entry pricing for long. The buyers who are active in Lekki Phase 1 land know this. Some of them have already made inquiries. This listing is for two kinds of buyer. The investor or developer who benchmarks ₦850k/sqm in Lekki Phase 1 against the corridor's exit pricing and understands what that spread means for a development project --- and who has the capital or financing to move when the number makes sense. The senior professional who has been meaning to secure land in Lekki Phase 1 and build exactly the home they want, on their own terms, and has been waiting for a clean title, established infrastructure, and a number that does not require them to overpay to enter the corridor. If either of those descriptions fits you precisely, one call moves this forward. Title documents available for immediate due diligence. Site visit can be arranged this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 The window on newly created Lekki Phase 1 Foreshore land at ₦850k/sqm will not be described as "newly created" for much longer. That is how windows work. 600sqm Residential Land Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos Price: ₦510,000,000 (₦850,000/sqm) Complete Title Documents Available Dual-Gate Access: Freedom Way + Admiralty Way Excellent Road Network Newly Created Layout in Established Estate Prices Rising Also Available: 700sqm at ₦850,000/sqm = ₦595,000,000 Listed by Smilebay Realties Limited Ref: 3469095
Lekki Phase 1, Lekki, Lagos
600 sqm
Smilebay Realties Limited
Featured
1
₦750,000,000
Residential land for sale
Residential Corner Piece Land Measuring 1, 000SQM
Residential Land Measuring 1,000sqm in Orange Island Phase 2, End of Freedom Way, Lekki 1, Lagos. Documents you will get for buying orange island land now: Allocation Letter a Deed of Sublease will be issued immediately after payment completion. Demand & supply There is a high demand in request and acquisition of Orange Island. It is already fast selling out. Kindly call 08033448110 for inquiry and inspection
Lekki Phase 1, Lekki, Lagos
1000 sqm
F. a. Esan Consulting
Featured
4
₦530,000,000
Residential land for sale
Residential Land Measuring 650SQM
Residential Land Measuring 650sqm in Orange Island Phase 1, Lagoon District, End of Freedom Way, Lekki 1, Lagos. Documents you will get for buying orange island land now: Allocation Letter a Deed of Sublease will be issued immediately after payment completion. Demand & supply There is a high demand in request and acquisition of Orange Island. It is already fast selling out. Kindly call 08033448110 for inquiry and inspection
Lekki Phase 1, Lekki, Lagos
650 sqm
F. a. Esan Consulting
Featured
7
₦800,000,000
Residential land for sale
Residential Land Measuring 1, 200SQM
Residential Land Measuring 1,200sqm in Orange Island Phase 1, Lagoon District, End of Freedom Way, Lekki 1, Lagos. Documents you will get for buying orange island land now: Allocation Letter a Deed of Sublease will be issued immediately after payment completion. Demand & supply There is a high demand in request and acquisition of Orange Island. It is already fast selling out. Kindly call 08033448110 for inquiry and inspection
Lekki Phase 1, Lekki, Lagos
1200 sqm
F. a. Esan Consulting
Featured
5
₦600,000,000
Residential land for sale
1000SQM Land
1000sqm Land Iniside the New Banana Island for Sale at Lagoon District Lekki phase 1, Lagos. Price N600,000,000
Lekki Phase 1, Lekki, Lagos
1000 sqm
Oakland County
Featured
4
₦750,000,000
Residential land for sale
Residential Land Measuring 1, 000SQM
Land measuring 1,000sqm (Irregular Shape) in Orange Island Phase 1, Lagoon District, End of Freedom Way, Lekki 1, Lagos. Documents you will get for buying orange island land now: Allocation Letter a Deed of Sublease will be issued immediately after payment completion. Demand & supply There is a high demand in request and acquisition of Orange Island. It is already fast selling out. Kindly call 08033448110 for inquiry and inspection
Lekki Phase 1, Lekki, Lagos
F. a. Esan Consulting
Showing 1–21 of 238 properties
Area Guide
About Lekki Phase 1, Nigeria
Lekki is a city located in the eastern part of Lagos. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
The peninsula is approximately 70 to 80km long, with an average width of 10km. Lekki currently houses several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone, with an airport, and a sea port under construction. The proposed land use master plan for the Lekki envisages the Peninsula as a "Blue-Green Environment City", expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million.
The average price of residential land for sale in Lekki Phase 1, Lekki, Lagos is ₦850,000,000.
The price of the most expensive residential land for sale in Lekki Phase 1, Lekki, Lagos is ₦6,970,000,000.
The price of the cheapest residential land for sale in Lekki Phase 1, Lekki, Lagos is ₦750,000.
There are 238 available residential land for sale in Lekki Phase 1, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
