Nigeria Property Centre

Residential Land in Banana Island, Ikoyi, Lagos

There are 199 land for sale and rent in Banana Island as of 26 Aug 2026, with an average price of ₦4.5M. 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.

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1–20 of 199 properties

2, 600SQM Residential Waterfront Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
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 Added today
2600 sqm
Healthy Living Topnotch Properties
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 Added yesterday
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
12, 000 SQM Waterfront Residential Land — Waterfront, Banana Island, Ikoyi, Lagos
Premium
1
₦60,000,000,000

Residential land joint venture

12, 000 SQM Waterfront Residential Land

Exclusive joint venture opportunity -- banana island waterfront 12,000 SQM Waterfront Supreme Court Judgement Land Value: ₦60 Billion An exceptional opportunity to partner on a 12,000 sqm prime waterfront property in Banana Island, Lagos' most prestigious residential and investment destination. The site is ideal for a luxury high-rise, mixed-use, or iconic residential development. Property Details - Location: Banana Island, Lagos - Land Size: 12,000 sqm Waterfront - Title: SupremeCourt Judgment - Land Value: ₦5,000,000 per sqm (₦60 Billion) - Development: Residential Transaction Terms - Facilitator Fee: 10% (₦6 Billion Net) -- Non-Negotiable - Direct Developers Only Transaction Process 1. Letter of Intent (LOI) 2. Company Profile 3. Facilitator Fee Agreement 4. Proof of Funds (POF) a rare large-scale waterfront assemblage with a bankable title, presenting an outstanding opportunity to deliver a landmark development in one of Lagos' most exclusive addresses.

Waterfront, Banana Island, Ikoyi, Lagos
12000 sqm
Mel Realtors
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
Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

Waterfront Residential Land

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. Ipa

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Gillards Property
852SQM Strategically Located Direct Waterfront Residential Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per 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
Land 3, 403 SQM — Banana Island, Ikoyi, Lagos
Premium
1
₦12,930,000,000

Residential land for sale

Land 3, 403 SQM

Prime Land -- Banana Island, Ikoyi Size: 3,403 sqm Location: Banana Island, Ikoyi, Lagos Title: Federal C of O Price: ₦3.8 Million per sqm Total Price: ₦12.93 Billion Dreff Golde

Banana Island, Ikoyi, Lagos
3403 sqm
Charis Estate
2, 245SQM Waterfront Land with a Structure — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

2, 245SQM Waterfront Land with a Structure

Waterfront Property for sale : Banana Island 2,245Sqm waterfront property with a structure on it Location: Residential Area, Banana island Title: Fed & Lag. Titles Price: ₦4.5m / Sqm $chijo

Banana Island, Ikoyi, Lagos
Mapida Homes
Premium Waterfront Land — Banana Island, Ikoyi, Lagos
Premium
1
₦3,500,000 per sq.m

Residential land for sale

Premium Waterfront Land

Premium Waterfront Land available for sale in Ikoyi Lagos Location: Banana Island, Ikoyi Size: 1,300 sqm 3.5M per SQM Title: Fed C of O For more information, inspections and easy closing call Tenacious: 08107464741

Banana Island, Ikoyi, Lagos
1300 sqm
Tenancious Realtors and Properties
Premium
₦5,000,000 per sq.m

Residential land for sale

Exclusive Corner-Piece Development Land

Exclusive CORNER-Piece Development Land --- banana island, ikoyi Location: P29, Banana Island, Ikoyi, Lagos Land Size: 1,906 SQM Price: ₦5,000,000/SQM Property Highlights Prime corner-piece development site Excellent development potential Ideal for luxury residential development Secure and exclusive Banana Island environment note: Agency Fee: 10% payable by the purchaser upon successful completion of the sale.

Banana Island, Ikoyi, Lagos
Booma Properties
Premium
₦4,800,000 per sq.m

Residential land for sale

Prime Residential Land Measuring 1, 960.540 SQMS

prime residential land measuring approximately 1,960.540 square meters location: banana island, ikoyi, lagos title: federal C of O price: 4.8 million/sqm

Banana Island, Ikoyi, Lagos
1960 sqm
Pearlworth Investment Limited
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
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
Fully Fenced and Dry Land Measuring 750 Square Meters — Off Banana Island Road, Ikoyi, Lagos
Premium
4
₦3,000,000 per sq.m

Residential land for sale

Fully Fenced and Dry Land Measuring 750 Square Meters

Fully Fenced and Dry Land Measuring 750 Square Meters Off Banana Island Road, Ikoyi, Lagos. Features: - Regular-shaped land - Part of the land is directly overlooking the lagoon, allowing good natural breeze - Ready for immediate development (Fully built-up and living neighborhood) - Suitable for residential (high-rise blocks of luxury flats/ houses) - Excellent location for optimal real estate investment - Located in a well known prestigious estate - Proximity to Lekki Phase One, Victoria Island, Third Mainland bridge, etc. - Title: Governor's Consent Price: N3million per square meter For further enquiries/ arrangement for inspection, please contact: Chris:+2348177766115 (Call/ WhatsApp) Tola: +2348177766008 (Call/ WhatsApp) Gabriel:+2348177766550(Call/ WhatsApp) Bluehedge Realtors - Estate agency and Property marketing - Real estate development and Advisory Tel: +234-8032065685 (Call/ WhatsApp), 08177766110-9 (Call/ WhatsApp) Email: [email protected] Website: www.bluehedgerealtors.com Instagram: @bluehedgerealtors

Off Banana Island Road, Ikoyi, Lagos
750 sqm
Bluehedge Realtors
500, 700, 852, 1000, 2275 & 3300 Sq MTS Residential Plots — Banana Island, Ikoyi, Lagos
Premium
1
₦4,500,000 per sq.m

Residential land for sale

500, 700, 852, 1000, 2275 & 3300 Sq MTS Residential Plots

For sale at Banana Island, Ikoyi, Lagos: 500, 700, 852, 1000, 2275 & 3300 sq mts non-waterfront and waterfront parcels of land at Banana Island estate, Ikoyi Price from: ₦4.5m per sq mts

Banana Island, Ikoyi, Lagos
Douglas Okoye & Co
Premium 500 SQM Land in a Close in an Estate — Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
Premium
3
₦5,000,000 per 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

Showing 1–20 of 199 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of residential land in Banana Island, Ikoyi, Lagos is ₦4,500,000 per square meter.

The price of the most expensive residential land in Banana Island, Ikoyi, Lagos is ₦7,200,000 per square meter.

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

There are 199 available residential land in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for residential land in Banana Island, Ikoyi, Lagos range from ₦1,300,000 to ₦60,000,000,000.

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