There are 53 land for sale and rent in 3rd Avenue as of 17 Sep 2026, with an average price of ₦5M. 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.
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
Premium
1
₦5,000,000per sq.m
Residential land for sale
2,600 SQM Waterfront Land
Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Property Type: Waterfront Land Land Size: 2,600 SQM Price: ₦5 Million per SQM Total Asking Price: ₦13 Billion Title: Lagos State C of O Proposed Use: Residential / Waterfront Development Transaction: For Sale Property Overview This 2,600 SQM waterfront land for sale in Banana Island, Ikoyi, Lagos presents a substantial development opportunity within one of Lagos' most sought-after residential locations. Positioned off 3rd Avenue in Banana Island Estate, the property offers a sizeable land area combined with a direct waterfront position, making it particularly suited to buyers considering a premium private residence or a larger residential development, subject to applicable planning, environmental and development approvals. The property is offered at ₦5 Million per SQM, resulting in a total asking price of ₦13 Billion. Zahari View The defining feature of this property is its waterfront position within Banana Island. With 2,600 SQM of land, the parcel provides significantly more development space than a typical residential plot, potentially giving a private buyer or developer greater flexibility in planning a substantial residential project. For a private buyer, the property may be considered for a large-scale luxury waterfront residence designed around the site's location and waterfront character. For a developer, the land size creates an opportunity to assess a premium residential concept, subject to planning regulations, permitted use, site conditions, environmental considerations and relevant approvals. Property Highlights 2,600 SQM waterfront land Located off 3rd Avenue, Banana Island Estate, Ikoyi ₦5 Million per SQM ₦13 Billion total asking price Lagos State C of O Direct waterfront position Premium Banana Island location Residential / waterfront development potential Suitable for private buyers, developers and strategic property investors Development subject to applicable approvals and regulations Why This Property Deserves Attention Waterfront land in Banana Island commands attention because of the combination of location, land size and waterfront positioning. At 2,600 SQM, this parcel offers a substantial development footprint for buyers seeking more than a conventional residential plot. The property's location within Banana Island also places it within an established premium residential environment, while its waterfront position provides a distinct characteristic that may influence the design, positioning and market appeal of any proposed development. However, the value of a property of this scale should be assessed beyond its headline location. Buyers should consider the site's exact boundaries, planning parameters, waterfront conditions, access, infrastructure and all applicable development requirements before proceeding. Development & Investment Perspective At an asking price of ₦5 Million per SQM, the acquisition represents a significant capital commitment. A developer should therefore undertake a detailed feasibility assessment before committing funds. This should include the proposed development concept, permitted density, building height, setbacks, access, parking, infrastructure, construction costs, professional fees, statutory charges and potential market demand. Because the property has a waterfront position, prospective developers should also undertake appropriate technical and environmental assessments and confirm all applicable requirements governing development along the waterfront. For long-term investors, the property's land size, location, title and future development potential should be evaluated alongside comparable premium land opportunities within Banana Island and the wider Ikoyi market. Investor's Note Prospective buyers are advised to independently verify the property and undertake comprehensive due diligence before making any financial commitment. Key areas of verification should include: Lagos State C of O and title history Survey and exact land dimensions Ownership and transfer history Exact waterfront boundary and site configuration Permitted land use Planning and development regulations Applicable waterfront and environmental requirements Building density and height restrictions Setback and parking requirements Access and infrastructure Applicable government and statutory charges Development feasibility and projected returns Documentation Title: Lagos State C of O Documentation is available for verification. Buyers are advised to engage qualified legal, survey, planning and property professionals to independently verify the title, survey, ownership and 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. A major land acquisition requires a clear understanding of title, planning, development potential, site characteristics, market positioning and long-term value. This 2,600 SQM waterfront land in Banana Island offers a combination of substantial land size and a distinctive waterfront position that makes it worthy of consideration by private buyers and developers seeking a premium residential development opportunity in Ikoyi. Asking Price ₦5 Million per SQM 2,600 SQM × ₦5 Million = ₦13 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. Prospective buyers should conduct independent legal, survey, planning, environmental and financial due diligence before making any financial commitment.
Off 3rd Avenue, Banana Island Estate, Banana Island, Ikoyi, Lagos
Zahari Properties
Premium
4
₦4,260,000,000
Residential land for sale
Waterfront Residential Land
Outright buyer needed Banana island, waterfront 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
Bourdillon Enterprises
Premium
3
₦5,000,000per sq.m
Residential land for sale
Premium 500 SQM Land in a Close in an Estate
A well cut-out 500SQM land located in a gated Waterfront Close off 3rd Avenue Road, Banana Island Estate, Ikoyi, Lagos available for sale. Price is N5m per sqm ono.
Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
500 sqm
Maxville Intergrated Company
Premium
1
₦4,200,000,000
Residential land for sale
1000 SQM Residential Land
Newly out -- distress sale Location: 3rd Avenue, Banana Island, Lagos Land Size: 1,000 sqm Title: Federal C of O Price: ₦4.2 Million per sqm Total Asking Price: ₦4.2 Billion Prime development opportunity in Banana Island. Note: Distress sale --- serious and ready buyers only. V
3rd Avenue, Banana Island, Ikoyi, Lagos
1000 Parking
1000 sqm
Best Grand Masters Realty
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Premium
₦7,140,000,000per sq.m
Residential land for sale
Residential Land Plot
Prime lands for sale: Banana island & old ikoyi 1. Banana island, ikoyi Description: Vacant Plot of Land Size: 1,000 SQM Location: Off 3rd Avenue, Banana Island, Ikoyi Title: Federal C of O Price: ₦4,000,000 per SQM 2. Old ikoyi - new arrival Description: Vacant Plot of Land Size: 1,700 SQM Location: Rumens Road, Ikoyi Title: Federal C of O Price: ₦4,200,000 per SQM For Inspection & Further Details: WhatsApp / Call: ️ Y...
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Healthy Living Topnotch Properties
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
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
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
Premium
1
₦5,000,000per sq.m
Residential land for sale
852SQM Strategically Located Direct Waterfront Residential Land
Outright buyer needed Banana island, waterfront. 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 Olajbatdangbe
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
David Moren Property Services
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Premium
1
₦40,500,000,000
Mixed-use land for sale
9000SQM Prime Land
This is a fantastic opportunity to own land in banana island 9,000sqm up for sale located in 3rd Avenue Title - Federal Certificate of Occupancy It can be partitioned into two equal sized sections of 4,500sqm each
Banana Island, Ikoyi, Lagos
50 Parking
9000 sqm
Ashrow Property Services LTD
Premium
1Video
₦5,000,000per sq.m
Residential land for sale
Waterfront Residential Land Plot with Embankment Measuring 852SQM
Waterfront plot in banana island Waterfront plot off 3rd Avenue. Land measuring 852sqm with embankment. The land is ready for immediate development Title: Federal Consent Price: 5m/sqm
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Breathing Space
Premium
1
₦3,800,000per sq.m
Residential land for sale
Prime Waterfront Residential Plots
waterfront plot close to adenuga house , 2nd avenue ,3rd avenue Fed cfo 2 units 3000ms/2000ms available Sept also Also ubotos Different rates Others Serious buyer only
Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Vallecano Ventures
Premium
₦4,200,000per sq.m
Residential land for sale
2,275SQM Land
For sale Waterfront land measuring 2,275sqm located at , 3rd Avenue, J61 Banana Island, Ikoyi Price: N4.2 million per sqm Title: Certificate of Occupancy Let's Deal! Isobu
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Rosemond Hills Limited
Featured
1
₦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: Direct with Owner Serious Buyers & Developers Only. Proof of Funds Required. Contact: Owner's Representatives WhatsApp Y ....
3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Healthy Living Topnotch Properties
Featured
₦5,000,000per sq.m
Residential land for sale
900SQM, Waterfront Bare Land
Banana island direct sale Waterfront approx 900sqm land on 3rd Avenue Title: Fed.C.of.O Price: N5m per sqm JTEgwu
3rd Avenue, Banana Island, Ikoyi, Lagos
900 sqm
Bncglobal
Featured
₦4,500,000per sq.m
Residential land for sale
450SQM Land Deal
Banana island, ikoyi a prime land offering in one of Nigeria's most prestigious residential enclaves, located on 3rd Avenue, Banana Island. Property Details - Location: 3rd Avenue, Banana Island, Ikoyi - Land Size: 500 sqm - Title: Federal Certificate of Occupancy (C of O) - Price: ₦4,500,000 per sqm (Net) An exceptional opportunity for luxury residential development or a premium investment in one of Lagos' most exclusive addresses. Serious enquiries only.
Banana Island, Ikoyi, Lagos
500 sqm
12 Pearls Ventures
Featured
1
₦4,500,000per sq.m
Residential land for sale
Land Measured Approximately 500SQM
Welcome to Prestigious Banana Island Estate Ikoyi Lagos. The plot spans 500 square meters, showcasing a flat, clean topography which ensures optimal utilization of space and encourages flexible architectural designs. This is tailored to meet the highest standards of infrastructure and aesthetics, making it an ideal choice for those seeking a blend of luxury, convenience, and value. Estate Agency & Properties Marketing Real Estate Development & Advisory Homes & Building Solutions.For Enquirers & Inspection. 24 hours Telephone line: Call / WhatsApp: Adekunle 08035971999} Dunovella Properties Limited
3rd Avenue, Banana Island, Ikoyi, Lagos
500 sqm
Dunovella Nig Limited
₦3,800,000per sq.m
Mixed-use land for sale
Prime Waterfront Land Measuring 3,403 SQM.
Description: Prime waterfront land measuring 3,403 sqm. Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Let's Deal! #vaLeriE
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
3403 sqm
Transcend Homes & Properties LTD
₦4,200,000,000
Residential land for sale
Residential Land Measuring 1, 005 Square Metres
Residential plot of land measuring 1,005 square metres in a close off 3rd avenue, Banana Island, Ikoyi, Lagos. Price: N4. 2 billion Open to buyers only please. #myNTEx-a
Off 3rd Avenue, Banana Island, Ikoyi, Lagos
1005 sqm
Transcend Homes & Properties LTD
Showing 1–20 of 53 properties
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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
