Bayview Estate Lekki: Full Details With Complete Breakdown + Price List
Introduction
Bayview Estate, located in Ikate-Elegushi, Lekki, Lagos, Nigeria, is a prestigious gated residential community developed through a joint venture between the Lagos State Development and Property Corporation (LSDPC) and MISA Limited. Built on 23,800 sqm of land, the estate offers serenity in the heart of Lekki, featuring 32 units of 3-bedroom apartments and 68 units of 4-bedroom terrace houses. Known for its modern infrastructure, family-friendly environment, and proximity to key commercial hubs, Bayview Estate is ideal for professionals, families, and investors seeking luxury living with strong investment potential. This article provides a comprehensive overview of Bayview Estate, including its features, property types, amenities, and pricing based on available data up to June 2025.
Location and Strategic Importance
Bayview Estate is strategically situated behind the Enyo (formerly Oando) Filling Station and beside Stillwaters Garden Estate, along the Lekki-Epe Expressway at the 4th roundabout in Ikate-Elegushi. Its location enhances its appeal:
- Proximity to Key Areas: Approximately 5–10 minutes from Lekki Phase 1, 15–20 minutes from Victoria Island during off-peak hours, and 20–25 minutes from the Lekki Free Trade Zone, which hosts the Dangote Refinery. The proposed Lekki International Airport is within 30–35 minutes. Rush hour traffic (6:30 AM–8:30 AM) may extend travel time to Victoria Island to 30–50 minutes.
- Nearby Landmarks: Close to Nike Art Gallery (3.1 km), Lagos Business School, Novare Lekki Mall, and recreational spots like Elegushi Beach and Lufasi Nature Park. Commercial hubs like Shoprite and Circle Mall are within 10–15 minutes.
- Accessibility: Accessible via the Lekki-Epe Expressway, with well-paved roads leading to the estate gate. Public transport (buses, taxis) and ride-hailing services like Bolt are readily available.
Lekki is a 70–80 km peninsula bordered by the Atlantic Ocean, Lagos Lagoon, and Lekki Lagoon, envisioned as a “Blue-Green Environment City” with a projected population of over 3.4 million residents and 1.9 million non-residents. Bayview Estate’s prime location ensures high investment returns and connectivity to Lagos’ economic hubs.
Overview of Bayview Estate
Bayview Estate is a secure, gated community offering 100 residential units (32 flats and 68 terraces) with 220 car park spaces, designed for luxury and convenience. Managed by LSDPC and MISA Limited, the estate provides a peaceful, family-friendly environment with top-tier amenities, including a clubhouse, swimming pool, and central generator. Its modern infrastructure and strategic location make it a sought-after address in Lekki.
Key Features
- Infrastructure: Well-paved and interlocked roads, covered drainage systems, and streetlights, ensuring a flood-free environment.
- Utilities: 24/7 electricity via a central generator and dedicated transformers, treated water through boreholes with purification systems, and centralized waste management.
- Security: 24/7 armed security, CCTV surveillance, access code entry, and strict visitor control requiring host clearance.
- Technology: Fiber optic internet for high-speed connectivity.
- Amenities: Clubhouse, adult and kids’ swimming pools, gym, kids’ playground, sit-out lounge, garden, and ample parking (minimum 2 spaces per unit).
- Community: Serene, family-oriented, and ideal for professionals and expatriates, with a focus on safety and quality of life.
Property Types and Features
Bayview Estate offers 3-bedroom apartments and 4-bedroom terrace houses, each with a 1-room boys’ quarters (BQ). Properties are available for sale, rent, or shortlet, catering to diverse needs, including long-term residency and Airbnb investments.
Flats
- 3-Bedroom Apartment with BQ:
- Features: All rooms en-suite, expansive sitting room, fully fitted kitchen, 1-room BQ, box room (3 sqm), guest toilet, and modern sanitary installations. Spacious design with exquisite light fittings, installed cupboards, and superb floor finishes.
- Additional Amenities: Water heaters for kitchen and bathrooms, access to estate clubhouse, swimming pool, gym, and 24/7 power. Some units include built-in Sonos ceiling speakers, digital safe in the master bedroom, and balconies.
- Status: Available for sale, rent, or shortlet.
Houses
- 4-Bedroom Terrace House with BQ:
- Features: All rooms en-suite, 2 living rooms (main and family lounge), fully fitted kitchen, 1-room BQ, box room (4 sqm), terrace (3 sqm), guest toilet, and modern design with high ceilings. Includes fitted wardrobes, POP ceilings, and tiled floors.
- Additional Amenities: Private chef (for shortlets), DSTV/Netflix, Starlink Wi-Fi, washing machine, intercom, 4-car parking space, and access to estate facilities (pool, gym, clubhouse).
- Status: Available for sale, rent, or shortlet.
Amenities
Bayview Estate is designed for a “Live-Work-Play” lifestyle, offering:
- Infrastructure: Paved roads, effective drainage, and streetlights.
- Utilities: 24/7 electricity with central generator, treated water, and waste management.
- Security: 24/7 armed security, CCTV, and access code entry.
- Recreation: Adult and kids’ swimming pools, gym, clubhouse, kids’ playground, sit-out lounge, and garden (Tony).
- Commercial Access: Close to Enyo Filling Station, Chicken Republic, Shoprite, and Circle Mall.
- Estate Services: Annual service charge (₦500,000) covers security, refuse management, cleaning of common areas, borehole, and water treatment. Electricity is via prepaid meters.
Price List
Pricing varies by property type, condition (furnished/unfurnished), and transaction type (sale, rent, shortlet). Below is a detailed breakdown based on data from Nigeria Property Centre, PropertyPro.ng, and other sources up to June 2025. Prices are subject to change, and verification with agents is recommended.
Flats
- 3-Bedroom Apartment with BQ:
- Sale Price:
- ₦85,000,000 (unfurnished, Bayview Estate, Ikate, with communal pool).
- ₦130,000,000 (furnished, with expansive sitting rooms, box room, and estate facilities).
- ₦160,000,000 (tenanted or unfurnished, with pool, gym, 24/7 security).
- Average Sale Price: ₦160,000,000 (based on multiple listings).
- Shortlet Price:
- ₦100,000–₦120,000 per day (2-bedroom luxury flat, furnished, with pool, gym, DSTV/Netflix).
- ₦140,000–₦170,000 per day (4-bedroom apartment, furnished, with private chef, Starlink Wi-Fi, and Sonos speakers).
- Additional Fees (Shortlet):
- Refundable Caution Deposit: ₦50,000–₦100,000.
- Title: Governor’s Consent.
- Service Charge: ₦500,000/year (covers security, cleaning, water treatment).
- Facilitation Fee: 5% (non-negotiable for some sales).
- Sale Price:
Houses
- 4-Bedroom Terrace House with BQ:
- Rent Price:
- ₦7,500,000–₦8,000,000 per year (well-finished, with pool, gym, 24/7 power).
- Shortlet Price:
- ₦170,000–₦200,000 per day (detached duplex, furnished, with pool, Wi-Fi, Netflix, daily cleaning).
- Sale Price: Not explicitly listed; estimated at ₦180,000,000–₦250,000,000 based on similar terraces in Ikate (e.g., Oral Estate).
- Additional Fees (Rent):
- Agency Fee: 10% (₦750,000–₦800,000).
- Legal Fee: 10% (₦750,000–₦800,000).
- Service Charge: ₦500,000/year.
- Title: Governor’s Consent.
- Facilitation Fee: 5% for sales.
- Rent Price:
Land
- Plot Sizes: Not listed for Bayview Estate, but similar plots in Ikate range from 500–600 sqm, priced at ₦150,000,000–₦250,000,000.
- Title: Governor’s Consent (based on nearby estates).
General Notes on Pricing
- Market Trends: The average price for 3-bedroom flats in Bayview Estate is ₦160,000,000, with a consistent range across listings. Terrace houses are pricier due to larger space and premium amenities. Shortlet rates reflect high demand for furnished units in Ikate.
- Investment Potential: High ROI due to proximity to Lekki Phase 1, Nike Art Gallery, and the Lekki Free Trade Zone. The estate’s modern infrastructure and family-friendly amenities attract expatriates and professionals.
- Payment Plans: Mortgage facilities available through reputable banks for purchases. Shortlet payments require a minimum stay (e.g., 2–3 nights).
- Verification: Confirm prices with agents like Beehomesandproperties (+2347089273943), Lyonmac Hospitality Services (+2348171047709), or Divention Properties (08032443481).
Why Invest in Bayview Estate?
- Prime Location: Behind Enyo Filling Station, close to Lekki Phase 1 and commercial hubs like Shoprite and Circle Mall.
- Luxury Amenities: Clubhouse, swimming pools, gym, and 24/7 power enhance quality of life.
- Security: 24/7 armed security, CCTV, and access code entry ensure safety.
- Investment Potential: High ROI due to Ikate’s growth and proximity to economic hubs like the Lekki Free Trade Zone.
- Family-Friendly: Serene environment with kids’ playground, garden, and spacious layouts.
- Modern Infrastructure: Reliable electricity, treated water, and flood-free drainage.
How to Buy or Rent
- Contact Agents:
- Beehomesandproperties: +2347089273943 (shortlets).
- Lyonmac Hospitality Services: +2348171047709 (shortlets).
- Divention Properties Limited: 08032443481 (sales).
- Eye Homes: 08141362541 (sales).
- Jabisco Development Company: 08060278440 (sales).
- Hudders Field Property Agency: 7, Akilo Road, Ogba-Ikeja, Lagos.
- Process:
- Schedule inspections (free or minimal fee).
- For purchases, download the application form from Hudders Field Property Agency and submit with payment proof.
- For shortlets, pay daily rate plus caution deposit (minimum 2–3 nights).
- For rentals, pay annual rent plus additional fees.
- Documentation:
- Flats/Houses: Governor’s Consent.
- Land: Governor’s Consent (based on nearby estates).
- Verification: Use verified agents via Nigeria Property Centre or PrivateProperty.com.ng to avoid fraud.
Frequently Asked Questions
- Is Bayview Estate flood-free? Yes, with covered drainage and paved roads.
- What is the title? Governor’s Consent for all properties.
- Are properties furnished? Sale/rent units are typically unfurnished; shortlet units are fully furnished with amenities like Netflix, Wi-Fi, and AC.
- How secure is the estate? Highly secure with 24/7 armed security, CCTV, and access code entry.
- What is the power supply like? 24/7 electricity via central generator and prepaid meters.
- Are there recreational facilities? Yes, including adult/kids’ pools, gym, clubhouse, playground, and garden.
Conclusion
Bayview Estate in Ikate-Elegushi, Lekki, is a premier gated community offering 3-bedroom apartments and 4-bedroom terrace houses with top-tier amenities. With sale prices ranging from ₦85M–₦160M for flats and ₦180M–₦250M (estimated) for terraces, and shortlet rates at ₦100,000–₦200,000 per day, it caters to diverse needs. Its location behind Enyo Filling Station, proximity to Lekki Phase 1, and modern infrastructure make it ideal for families, professionals, and investors. For the latest pricing and availability, contact agents like Beehomesandproperties or Divention Properties. Invest in Bayview Estate for luxury living and high ROI in Lagos’ “Blue-Green Environment City.”
Disclaimer: Prices and availability are subject to change. Verify with listed agents before making decisions. Data is based on sources up to June 2025.