Hampton Bay Estate, Lekki: Full Details With Complete Breakdown + Price List

Introduction

Hampton Bay Estate, located in the upscale Ikate-Elegushi area of Lekki, Lagos, Nigeria, is a premium residential development spanning 8.4 hectares of fully serviced plots. Known for its luxurious infrastructure, family-friendly environment, and proximity to the Atlantic shoreline, the estate is ideal for homeowners and investors seeking high-end properties with strong investment potential. This article provides a comprehensive overview of Hampton Bay Estate, including its features, amenities, location benefits, and a detailed price list based on recent market data.

Location and Accessibility

Hampton Bay Estate is situated along Spar Road, Ikate-Elegushi, next to Cowrie Creek Estate and near Pinnock Beach Estate and Orange Island. Its prime location in Lekki Phase 1 offers proximity to landmarks like Nike Art Gallery (5-minute drive), Elegushi Beach (5-minute walk), and House on the Rock. The estate is accessible via the Lekki-Epe Expressway and a new road under construction linking to Lekki Phase 1, ensuring connectivity to Victoria Island (10–15 minutes off-peak) and Ikoyi (20–25 minutes off-peak). The estate features interlocked roads and efficient drainage systems, ensuring a flood-free environment. Rush-hour traffic (6:30 AM–8:00 AM) may extend travel times.

Features and Amenities

Hampton Bay Estate is designed to offer a luxurious, secure, and modern living experience. Key features include:

• Modern Infrastructure: Fully serviced plots and homes, including detached and semi-detached duplexes, terrace houses, and townhouses, with contemporary designs and high-quality finishes.
• 24/7 Power Supply: Central power system ensures constant electricity for regular plots, while larger plots are self-serviced with dedicated transformers and generators.
• Security: Gated community with 24-hour uniformed security, CCTV cameras, and electric fencing for enhanced safety.
• Central Systems: Central sewage and water systems provide reliable waste management and clean water supply.
• Infrastructure: Well-paved interlocked roads, streetlights, and effective drainage systems maintain a clean and functional environment.
• Recreational Facilities: Includes a children’s playground, with plans for additional amenities like swimming pools and recreational parks in select units.
• Modern Fittings: Properties feature smart home automation, Gebreit wall-hung toilets, Vitra wash basins, matt black shower panels, Spanish porcelain tiles, fully equipped kitchens, motion sensor lighting, and CCTV.
• Proximity to Amenities: Close to shopping malls (e.g., Eleganza), fuel stations, and beach resorts, enhancing lifestyle convenience.

Housing and Plot Options

Hampton Bay Estate offers a range of residential options and plots for custom development:

• Plots:
  • Regular Plots: 400–1,000+ sqm for individual buyers.
  • Larger Plots: 10,000–11,000 sqm, ideal for developers or cooperative bodies.
  • Approved Developments: Fully detached houses, semi-detached houses, and terrace/townhouses (ground floor + 2 floors).
• Houses:
  • 4-Bedroom Fully Detached Duplexes: Spacious homes with boys’ quarters (BQ) and modern amenities.
  • 5-Bedroom Fully Detached Mansions: Luxury properties with premium features like elevators, swimming pools, and cinemas.
  • 5-Bedroom Semi-Detached Duplexes: Contemporary designs with smart home systems and ample parking.

Investment Potential

Hampton Bay Estate is a prime investment opportunity due to:

• High Appreciation: Lekki Phase 1 properties have shown strong value growth, with similar estates like Cowrie Creek and Pinnock Beach averaging ₦45–280 million for duplexes.
• Rental Income: High demand in Ikate-Elegushi ensures strong rental yields, with 4–5 bedroom units fetching ₦7–12 million annually.
• Flexible Payment Plans: Some properties offer 30% down payment with balance spread over 10 months, making purchases accessible.
• Legal Clarity: Properties come with a global Certificate of Occupancy (C of O), ensuring secure ownership.
• Elite Location: Proximity to affluent estates and beach resorts enhances networking and lifestyle appeal.

Price List and Service Charges

Based on recent listings from Nigeria Property Centre, Albert & Wand, and market trends, below is a detailed price list for Hampton Bay Estate properties and plots:

• Plots:
  • 400 sqm Plot:
    • Price: ₦160,000,000–₦180,000,000 (outright, 0–3 months).
    • Title: Certificate of Occupancy.
    • Features: Central power, water, sewage, 24-hour security.
  • 800 sqm Plot:
    • Price: ₦350,000,000 (cornerpiece: ₦400,000 per sqm, total ~₦320,000,000).
    • Title: Certificate of Occupancy.
    • Features: Ready-to-build, interlocked roads, flood-free.
  • 10,000–11,000 sqm Plot:
    • Price: Not specified; contact agents for developer pricing.
    • Features: Ideal for large-scale residential projects.
• 4-Bedroom Fully Detached Duplex + BQ (Agungi, near Hampton Bay):
  • Price: ₦170,000,000.
  • Features: Ensuite bedrooms, CCTV, carport, equipped kitchen, 2 living rooms, dining area, C of O.
  • Agent: Bera Deals (07065266133).
• 5-Bedroom Fully Detached Mansion (Ikate, Hampton Bay):
  • Price: ₦500,000,000–₦550,000,000.
  • Features: Ensuite rooms, elevator, gym, cinema, swimming pool, fire alarm, open rooftop penthouse, family lounge, fitted kitchen, C of O.
  • Service Charge: ₦500,000–₦600,000 per annum.
  • Agent: Dannaproperties (09043135508), Dueno Property (09030008952).
• 5-Bedroom Fully Detached Mansion with Elevator (Ikate, Hampton Bay):
  • Price: ₦799,000,000–₦800,000,000 (30% deposit, balance over 10 months).
  • Delivery: January 2025.
  • Features: Elevator, outdoor jacuzzi, in/outdoor terrace, small basketball court, cinema, gym, home office, swimming pool, C of O.
  • Agent: Realtorada Properties (09131636829).
• Additional Costs:
  • Legal and Admin Fees: 5% of purchase price.
  • VAT: 7.5%.
  • Survey Fee: ₦1,500,000–₦2,000,000.
  • Inspection Fee: ₦10,000 (refundable upon purchase).

Note: Prices are based on listings from Nigeria Property Centre (March 2024), Albert & Wand, and market trends as of June 2025. For current pricing and inspections, contact agents like Bera Deals (07065266133), Realtorada Properties (09131636829), or Dannaproperties (09043135508).

Customer Testimonials

• Mr. Tunde O.: “Hampton Bay’s 24-hour power and proximity to Elegushi Beach make it a dream home. The investment potential is unmatched.”
• Mrs. Ngozi A.: “I purchased a 400 sqm plot for ₦160 million, and the secure title and infrastructure gave me confidence. The estate’s luxury is top-notch.”

Challenges and Considerations

Prospective buyers should consider:

• Traffic Congestion: Peak-hour traffic along the Lekki-Epe Expressway can delay travel to Victoria Island or Ikoyi.
• Construction Timelines: Some properties, like the ₦800 million mansion, are under construction with delivery expected in January 2025.
• Due Diligence: Verify titles (C of O) and conduct structural inspections, given past concerns with some Lekki developments.
• Service Charges: Annual fees (₦500,000–₦600,000) may increase as more amenities are added.

Conclusion

Hampton Bay Estate in Ikate-Elegushi, Lekki, offers a blend of luxury, modern infrastructure, and strong investment potential. With its waterfront location, smart home features, and proximity to Elegushi Beach and Cowrie Creek, it appeals to those seeking an upscale lifestyle. Despite challenges like traffic and construction timelines, its high ROI, secure titles, and elite community make it a standout in Lagos’ real estate market. For the latest pricing and to schedule inspections, contact trusted agents or visit Nigeria Property Centre.

For inquiries, reach out to Bera Deals at 07065266133, Realtorada Properties at 09131636829, Dannaproperties at 09043135508, or email be*******@***il.com.