Comprehensive Guide to Cowrie Creek Estate, Lekki: Full Details with Price Breakdown
Cowrie Creek Estate, located in Ikate Elegushi, Lekki, Lagos, Nigeria, is a prestigious, high-profile, low-density residential estate developed by the Nigeria Liquefied Natural Gas (NLNG) Cooperative Society. Spanning approximately 45 hectares along Spar Road, off the Lekki-Epe Expressway and behind Nicon Town Estate, this master-planned community is renowned for its luxurious private residences, modern infrastructure, and serene waterfront setting along a creek. Often compared to elite estates like Pinnock Beach and Nicon Town, Cowrie Creek offers a blend of elegance, exclusivity, and top-notch amenities, making it a prime choice for affluent families, expatriates, and investors. This article provides a detailed overview of Cowrie Creek Estate, including its features, amenities, and a complete price breakdown for properties available for sale and rent, based on the latest data as of June 2025.
Overview of Cowrie Creek Estate
Conceived in 2007 and officially opened in June 2019, Cowrie Creek Estate is a fully serviced, gated community designed to be one of Nigeria’s model estate developments. Located in Ikate, near Palm Springs Road and the Lekki-Epe Expressway, it is approximately 20-25 minutes from Victoria Island during off-peak traffic. The estate’s strategic location offers proximity to key landmarks such as Nike Art Gallery (5.1 miles), Lekki Conservation Centre (3.3 miles), Shoprite Circle Mall, and Mega 1 Shopping Mall. Developed by individual homeowners rather than mass developers, the estate ensures unique, high-quality residences with contemporary designs. Its waterfront location enhances its aesthetic appeal and potential for water-based recreation, while its infrastructure, including sand-filled land from a former swamp, addresses Lekki’s flooding challenges.
Features and Amenities of Cowrie Creek Estate
Cowrie Creek Estate is designed to provide an upscale, secure, and comfortable living experience. Key features and amenities include:
- Security: 24/7 security with armed mobile police patrols, corporate security personnel, high-resolution CCTV, and an efficient access-control system requiring residents to clear visitors.
- Power Supply: 24-hour electricity via dedicated transformers and an Independent Power Plant (IPP), with underground cabling for a clean aesthetic. Power is billed on a pay-as-you-go basis (approximately ₦230 per kilowatt).
- Water Supply: Centralized water treatment plant providing clean, potable water to all residences.
- Infrastructure: High-grade tarred roads, interlocked pavements, and a centralized sewage and drainage system to prevent flooding. The estate features underground electrical networks and no overhead wires, enhancing its aesthetic appeal.
- Recreational Facilities: Clubhouse with a swimming pool, gymnasium, football pitch, tennis courts, multipurpose courts, and children’s playgrounds. Ongoing developments include a mini shopping center and additional recreational facilities.
- Modern Design: Properties feature contemporary architecture, fully fitted kitchens with Bosch appliances, inbuilt Bluetooth speakers, smart switches, POP ceilings, chandeliers, walk-in closets, rainfall showers, bathtubs, and home automation systems.
- Landscaping: Lush greenery, well-maintained lawns, and a tranquil environment ideal for family leisure walks.
- Service Charge: Approximately ₦1,210,000 per annum, covering security, waste management, power, water, and maintenance of common areas.
- Proximity: Close to commercial hubs (Shoprite Circle Mall, Mega 1 Shopping Mall), schools (British International School), and recreational spots (Lekki Miami Beach, Elegushi Royal Beach).
- Accessibility: Multiple access routes via Lekki-Epe Expressway, Spar Road, and proximity to Nicon Town, ensuring connectivity to Victoria Island, Ikoyi, and Lekki Phase 1.
Property Types and Price Breakdown
Cowrie Creek Estate offers a range of luxurious properties, including semi-detached and fully detached duplexes, terrace duplexes, and land, catering to high-end buyers and renters. Below is a detailed breakdown of properties available for sale and rent, based on verified listings from sources like Nigeria Property Centre, PropertyPro Nigeria, and Private Property Nigeria.
Properties for Sale
- 3-Bedroom Semi-Detached Duplex with BQ
- Price: ₦210,000,000 – ₦250,000,000
- Features:
- 3 en-suite bedrooms with 1-room boys’ quarters (BQ)
- Fully fitted kitchen with pantry, gas cooker, oven, and heat extractor
- Spacious living area, guest toilet, and modern finishes (POP ceilings, Bluetooth speakers)
- Central air conditioning, CCTV, and 24/7 power
- Parking for 3-4 cars
- Access to estate amenities (pool, gym, playground)
- Notable Listings:
- A brand-new 3-bedroom semi-detached duplex with BQ at ₦210M, featuring central AC, fitted kitchen, and a spacious compound. Title: Governor’s Consent. Contact: Rosemond Hills Limited (08117340933).
- Title: Governor’s Consent
- 4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦250,000,000
- Features:
- 4 en-suite bedrooms with 1-room BQ
- Guest toilet, living room, dining area, and family lounge
- Fully fitted kitchen with cabinet, gas cooker, and heat extractor
- 370 sqm land size, large parking space, and concrete stamped premise
- Beautifully fitted wardrobes, modern toilets with mirrors, and CCTV
- 24-hour central power, treated water, and estate security
- Notable Listings:
- A luxurious 4-bedroom semi-detached duplex with BQ and family-sized swimming pool at ₦250M in Cowrie Creek Estate. Title: Governor’s Consent and Building Approval. Contact: Private Property Nigeria.
- Title: Governor’s Consent
- 5-Bedroom Semi-Detached Duplex with BQ
- Price: ₦550,000,000 – ₦950,000,000
- Features:
- 5 en-suite bedrooms (1 on ground floor, 3 on first floor, master suite on top floor) with 1-room BQ
- Dedicated home office/study (convertible to cinema or gym)
- Fully fitted kitchen with pantry, Bosch appliances, and washing machine
- Double-volume living room with 3m high doors, elegant dining area, and family lounge
- 180° wraparound terrace, private balconies, and green lawn
- Swimming pool, cinema room, walk-in closets, luxurious bathtub, and rainfall showers
- POP ceilings with chandeliers, Bluetooth speakers, and smart home automation
- Spacious compound with stamped concrete flooring and 5-car parking
- 24/7 power, security, and treated water
- Notable Listings:
- An ultra-luxury 5-bedroom semi-detached duplex with swimming pool and cinema at ₦750M (asking). Contact: Sunwealth Ltd (Amarachi: +2349124530479).
- A 5-bedroom semi-detached duplex with BQ, pool, and cinema at ₦950M, featuring an elevator and open terrace. Contact: Sunwealth Ltd (Richnal: +2349038379755).
- A brand-new 5-bedroom semi-detached duplex with BQ at ₦650M, with contemporary design and smart switches. Contact: Rosemond Hills Limited (09098586908).
- A 5-bedroom semi-detached house with BQ at ₦550M, with ample parking and fitted kitchen. Contact: Rosemond Hills Limited (08090876670).
- Title: Governor’s Consent or Deed of Assignment
- 5-Bedroom Fully Detached Duplex with BQ
- Price: ₦350,000,000 – ₦1,000,000,000
- Features:
- 5 en-suite bedrooms with 1-2 room BQ
- Double-volume living area, dedicated dining area with hardwood flooring, and family lounge
- Fully fitted kitchen with Bosch appliances, pantry, and laundry room
- Master bedroom with magnificent walk-in closet, bathtub, and rainfall shower
- Swimming pool, cinema room, and sit-out area with pergola
- Motion-sensor timber-finished staircase, large wall/floor tiles, and double curtain wall
- 5-car parking, external stamped concrete floor, and compound greenery
- 24-hour IPP power, central water supply, and excellent drainage
- Notable Listings:
- A 5-bedroom fully detached duplex with BQ and pool at ₦350M, featuring contemporary design and full home automation. Contact: Lekki-Houses.com (+2347035173343).
- An incomplete 5-bedroom detached duplex built to lintel level on 830 sqm land at ₦550M, with building plan approval. Contact: Nigeria Property Centre.
- Title: Governor’s Consent
- Land
- Price: ₦210,000,000 – ₦620,000,000 (800-830 sqm)
- Features:
- Dry, developable land in a secure, gated estate
- Suitable for residential construction
- High-grade road network, underground cabling, and centralized drainage
- Notable Listings:
- An 800 sqm plot at ₦620M in Cowrie Creek Estate, Ikate. Title: Governor’s Consent. Contact: TOS Property Services (08038592381).
- An 801 sqm plot at ₦210M, situated in a prestigious estate. Contact: Burgeon Properties.
- An 830 sqm cornerpiece land with an incomplete 5-bedroom duplex at ₦550M. Title: Governor’s Consent. Contact: Nigeria Property Centre.
- Title: Governor’s Consent or Deed of Assignment
Properties for Rent
- 3-Bedroom Semi-Detached Duplex with BQ
- Price: ₦17,000,000 per annum
- Features:
- 3 en-suite bedrooms with 1-room BQ
- Fully fitted kitchen, central air conditioning, and washing machine
- Spacious living room, ample parking, and CCTV
- 24/7 power, treated water, and security
- Service Charge: ₦1,000,000 – ₦1,210,000 per annum
- Additional Fees: Agency (10%), legal (10%), caution (10% or ₦1M)
- Notable Listings:
- A brand-new 3-bedroom semi-detached duplex with BQ at ₦17M per annum, fully serviced with central AC. Contact: Rosemond Hills Limited (08117340933).
- A 3-bedroom semi-detached duplex at ₦17M per annum, with service charge of ₦1M. Contact: Dovegreen Properties (+2348062809700).
- Total Package: Approximately ₦20.7M – ₦21.1M
- 4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦15,000,000 per annum
- Features:
- 4 en-suite bedrooms with 1-room BQ and separate kitchen
- Large living room, family room, and open floor plan
- Fully fitted kitchen, water heaters, and modern finishes
- 24/7 power, central sewage, and street lighting
- Access to swimming pool (not included in rental contract)
- Service Charge: ₦1,210,000 per annum
- Additional Fees: Agency (10%), legal (10%), caution (10%)
- Notable Listings:
- A luxurious 4-bedroom semi-detached duplex with BQ at ₦15M per annum, in a serene gated community. Contact: Sancta Maria Homes (07035088882).
- Seventeen Total Package: Approximately ₦18.2M
- 5-Bedroom Semi-Detached Duplex with BQ
- Price: ₦12,000,000 – ₦25,000,000 per annum
- Features:
- 5 en-suite bedrooms with 1-room BQ and office room
- Massive living room, fitted kitchen with cabinet and shelves, and well-ventilated rooms
- POP ceilings, ample parking, and modern finishes
- 24/7 power, security, and treated water
- Service Charge: ₦1,210,000 per annum
- Additional Fees: Agency (10%), legal (10%), caution (₦1M)
- Notable Listings:
- A 5-bedroom semi-detached duplex with BQ at ₦12M per annum, featuring a massive living room. Contact: PropertyPro.ng.
- A newly built 5-bedroom semi-detached duplex with BQ and office at ₦25M per annum. Contact: Breathing Space (07057302511).
- Total Package: Approximately ₦14.7M – ₦29.1M
Price Summary for Cowrie Creek Estate
The price range for properties in Cowrie Creek Estate reflects its status as one of Lekki’s most prestigious estates. Below is a summarized breakdown:
- For Sale:
- 3-Bedroom Semi-Detached Duplex: ₦210M – ₦250M
- 4-Bedroom Semi-Detached Duplex: ₦250M
- 5-Bedroom Semi-Detached Duplex: ₦550M – ₦950M
- 5-Bedroom Fully Detached Duplex: ₦350M – ₦1,000,000,000
- Land (800-830 sqm): ₦210M – ₦620M
- For Rent:
- 3-Bedroom Semi-Detached Duplex: ₦17M per annum
- 4-Bedroom Semi-Detached Duplex: ₦15M per annum
- 5-Bedroom Semi-Detached Duplex: ₦12M – ₦25M per annum
- Average Price:
- Sale: ₦250,000,000 (houses in Cowrie Creek Estate, range: ₦21M – ₦1B).
- Rent: ₦3,000,000 per annum (Lekki average, with Cowrie Creek typically higher at ₦12M – ₦25M).
- Most Expensive Property: ₦1,000,000,000 (5-bedroom fully detached duplex).
- Cheapest Property: ₦21,000,000 (smallest units in Cowrie Creek).
Why Invest in Cowrie Creek Estate?
Cowrie Creek Estate offers compelling reasons for investment, including:
- Prime Location: Situated in Ikate Elegushi, near Spar Road and Nicon Town, with easy access to Victoria Island, Ikoyi, and Lekki Phase 1 via Lekki-Epe Expressway.
- High ROI: Properties yield 20-30% annual returns through rentals or resale, with land prices rising from ₦120M in 2019 to ₦700M in 2025.
- Luxury Infrastructure: 24/7 power, underground cabling, centralized water, and drainage eliminate common Lekki challenges like flooding.
- Premium Amenities: Swimming pools, cinema rooms, smart home systems, and recreational facilities (clubhouse, gym, courts) cater to upscale lifestyles.
-penthouse - Security: 24/7 armed police, CCTV, and access control ensure a safe environment.
- Waterfront Appeal: Creek-side location enhances aesthetic and recreational potential.
- Value Appreciation: Significant price appreciation due to the estate’s exclusivity and infrastructural developments.
Considerations for Buyers and Renters
- Title Verification: Properties typically have Governor’s Consent or Deed of Assignment. Verify titles through reputable agents or legal professionals to avoid fraud, given concerns about real estate scams in Nigeria.
- Inspection: Contact verified agents like Rosemond Hills Limited (08117340933), Sunwealth Ltd (09098586908, 09038379755), or TOS Property Services (08038592381) for viewings.
- Service Charges: Budget for annual service charges of ₦1,210,000 for power, water, security, and maintenance.
- Payment Plans: Some properties offer flexible payment plans (e.g., 20-50% initial deposit, balance over 6-12 months).
- Market Trends: Property prices in Cowrie Creek are rising, with an average of ₦250M for houses, reflecting high demand in this elite estate.
Conclusion
Cowrie Creek Estate, located in Ikate Elegushi, Lekki, is a premier residential destination offering unparalleled luxury, security, and investment potential. With properties ranging from ₦210M for 3-bedroom semi-detached duplexes to ₦1B for ultra-luxury 5-bedroom detached duplexes, and rentals from ₦12M to ₦25M per annum, the estate caters to high-end buyers and renters. Its fully serviced infrastructure, waterfront location, and modern amenities, including 24/7 power and recreational facilities, make it an ideal choice for affluent homeowners and investors seeking high returns in Lagos’ competitive real estate market. For the latest listings or to arrange inspections, contact trusted real estate agents or subscribe to alerts on platforms like Nigeria Property Centre, PropertyPro Nigeria, or Private Property Nigeria.