Top 20 Estates in Lekki Peninsula: Full Details With Complete Breakdown + Price List

Introduction

The Lekki Peninsula, located in Lagos, Nigeria, is a rapidly developing hub known for its luxurious estates, strategic location, and proximity to the Atlantic Ocean and Lagos Lagoon. With its blend of modern infrastructure, high-end amenities, and investment potential, Lekki is a top choice for affluent residents and investors. This article ranks the top 20 estates in Lekki Peninsula based on location, infrastructure, amenities, security, and value for money, providing detailed breakdowns and estimated price lists derived from recent market data and trends.

Selection Criteria

Estates are evaluated based on:

• Location: Proximity to business hubs (Victoria Island, Ikoyi), beaches, and commercial centers.
• Infrastructure: Quality of roads, drainage, and power supply.
• Amenities: Availability of recreational facilities, water systems, and waste management.
• Security: Gated access, CCTV, and security personnel.
• Value for Money: Property prices, rental yields, and appreciation potential.

Top 20 Estates in Lekki Peninsula

1. Northern Foreshore Estate

• Location: Lekki Phase 1, near Chevron Drive.
• Description: A fully serviced estate constructed in 2006 with 206 residential buildings, expanded by 360 units in 2008. Known for 24-hour electricity, excellent infrastructure, and proximity to Victoria Island (10–15 minutes off-peak).
• Amenities: Streetlights, playgrounds, recreational centers, central water supply, 24/7 security.
• Price List:
  • 4-Bedroom Detached Duplex: ₦150M–₦200M (sale), ₦8M–₦10M/year (rent).
  • Service Charge: ₦500,000/year.
• Investment Potential: High appreciation due to prime location; strong rental demand.

2. Pinnock Beach Estate

• Location: Lekki Phase 1, Chevron Drive, near Bourdillon Court.
• Description: A luxurious waterfront estate with stunning Atlantic Ocean views, home to celebrities and socialites. Features top-notch infrastructure and 24-hour power.
• Amenities: Recreational centers, streetlights, waste management, 24/7 security, central water supply.
• Price List:
  • 5-Bedroom Detached Mansion: ₦400M–₦600M (sale), ₦12M–₦15M/year (rent).
  • Service Charge: ₦600,000/year.
• Investment Potential: High ROI; elite community enhances value.

3. Atlantic View Estate

• Location: Alpha Beach Road, before Chevron Roundabout.
• Description: Offers ocean views, well-paved roads, and a serene environment. Affordable compared to peers like Chevy View Estate.
• Amenities: Streetlights, good drainage, playground, 24/7 security.
• Price List:
  • 4-Bedroom Semi-Detached: ₦45M–₦50M (sale), ₦2M–₦2.5M/year (rent).
  • 5-Bedroom Detached Duplex: ₦50M–₦60M (sale), ₦2.5M–₦3M/year (rent).
  • Service Charge: ₦300,000/year.
• Investment Potential: Good value for money; steady appreciation.

4. Friends Colony Estate

• Location: Agungi, Lekki.
• Description: A fully serviced estate with good roads, landscaping, and 24-hour electricity. Ideal for middle- and upper-class residents.
• Amenities: Gym, pool, waste disposal, 24/7 security, streetlights.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦80M–₦100M (sale), ₦4M–₦5M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Strong rental yields due to proximity to Chevron area.

5. Goshen Beach Estate

• Location: Ikate-Elegushi, near 3rd Roundabout.
• Description: A secure, family-friendly estate with duplex-heavy layouts and good drainage. No central power but flood-free.
• Amenities: Playground, interlocked roads, 24/7 security.
• Price List:
  • 4-Bedroom Detached Duplex: ₦120M–₦150M (sale), ₦6M–₦8M/year (rent).
  • Service Charge: ₦450,000/year.
• Investment Potential: High demand for family homes; good appreciation.

6. Carlton Gate Estate

• Location: Chevron, Lekki.
• Description: A luxurious estate with a serene environment, well-maintained roads, and stable electricity. Close to Circle Mall.
• Amenities: Streetlights, waste management, 24/7 security, clean water supply.
• Price List:
  • 5-Bedroom Detached Duplex: ₦200M–₦250M (sale), ₦10M–₦12M/year (rent).
  • Service Charge: ₦500,000/year.
• Investment Potential: Premium pricing but justified by amenities and location.

7. South Pointe Estate

• Location: Lekki, built in 2014.
• Description: A 7-acre estate catering to the middle class, with good infrastructure and maintenance.
• Amenities: Streetlights, good roads, 24/7 security, waste management.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦70M–₦90M (sale), ₦3.5M–₦4.5M/year (rent).
  • Service Charge: ₦350,000/year.
• Investment Potential: Affordable entry point with steady appreciation.

8. Amen Estate

• Location: Eleko, Lekki.
• Description: Known for comfort and convenience, with top-notch infrastructure and a serene environment.
• Amenities: Streetlights, waste management, 24/7 security, stable electricity.
• Price List:
  • 4-Bedroom Detached Duplex: ₦100M–₦130M (sale), ₦5M–₦7M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: High demand due to reliable amenities.

9. Horizon Cyberville Estate

• Location: Ikate-Elegushi, off Nike Art Gallery Road.
• Description: A smart-home estate with ocean views, modern infrastructure, and flexible payment plans.
• Amenities: Smart home systems, 24/7 security, central water, recreational facilities (under construction).
• Price List:
  • 4-Bedroom Maisonette (Carcass): ₦135M–₦150M (sale).
  • 4-Bedroom Maisonette (Finished): ₦11M–₦12M/year (rent).
  • Service Charge: ₦550,000/year.
• Investment Potential: High ROI (150% in past projects); strong rental demand.

10. Hampton Bay Estate

• Location: Ikate-Elegushi, Spar Road.
• Description: An 8.4-hectare estate with smart homes, ocean proximity, and luxury amenities like elevators and cinemas.
• Amenities: Central power, water, sewage, 24/7 security, recreational facilities.
• Price List:
  • 5-Bedroom Detached Mansion: ₦500M–₦800M (sale), ₦12M–₦15M/year (rent).
  • 400 sqm Plot: ₦160M–₦180M.
  • Service Charge: ₦500,000–₦600,000/year.
• Investment Potential: Elite location ensures high appreciation.

11. Nicon Town

• Location: Ikate, Lekki.
• Description: A serene estate with excellent road networks, underground cables, and good drainage.
• Amenities: Streetlights, 24/7 security, central water supply.
• Price List:
  • 4-Bedroom Detached Duplex: ₦120M–₦150M (sale), ₦6M–₦8M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Steady appreciation; family-friendly.

12. Ocean Bay Estate

• Location: Orchid Hotel Road, Chevron.
• Description: Offers 18–20 hours electricity, good roads, and a fitness center.
• Amenities: Playground, bar/lounge, internet, 24/7 security.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦80M–₦100M (sale), ₦4M–₦5M/year (rent).
  • Service Charge: ₦350,000/year.
• Investment Potential: Affordable with good rental yields.

13. Femi Okunnu Estate

• Location: Osapa, Lekki-Epe Expressway.
• Description: A fully serviced estate with restricted entry, good roads, and recreational facilities.
• Amenities: Central power (7 PM–12 AM), covered drainage, 24/7 security.
• Price List:
  • 4-Bedroom Detached Duplex: ₦100M–₦130M (sale), ₦5M–₦6M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Reliable infrastructure ensures value.

14. Periwinkle Lifestyle Estate

• Location: Lagoon District, Lekki Phase 1.
• Description: A luxury estate with lush green areas and modern facilities, catering to high-class residents.
• Amenities: Recreational centers, 24/7 security, central water supply.
• Price List:
  • 5-Bedroom Detached Duplex: ₦200M–₦250M (sale), ₦10M–₦12M/year (rent).
  • Service Charge: ₦500,000/year.
• Investment Potential: High-end market with strong ROI.

15. Treasure Gardens by UPDC

• Location: Lekki Phase 1.
• Description: A premium estate with modern designs and proximity to business districts.
• Amenities: Streetlights, 24/7 security, recreational facilities.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦90M–₦120M (sale), ₦4.5M–₦6M/year (rent).
  • Service Charge: ₦450,000/year.
• Investment Potential: Strong rental demand due to location.

16. Stillwater Gardens

• Location: Lekki Phase 1.
• Description: Known for modern facilities and proximity to Victoria Island.
• Amenities: Central water, 24/7 security, good drainage.
• Price List:
  • 4-Bedroom Detached Duplex: ₦130M–₦160M (sale), ₦6M–₦8M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Good appreciation in prime area.

17. Victory Park Estate

• Location: Lekki Phase 1.
• Description: A secure estate with modern infrastructure and family-friendly amenities.
• Amenities: Playground, streetlights, 24/7 security.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦85M–₦110M (sale), ₦4M–₦5M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Affordable with steady growth.

18. Mobil Estate

• Location: Mobil Road, Alaguntan, Ilaje, Ajah.
• Description: Offers 13–20 hours electricity, well-landscaped environment, and sports facilities.
• Amenities: Tennis court, soccer field, swimming pool, 24/7 security.
• Price List:
  • 4-Bedroom Detached Duplex: ₦100M–₦130M (sale), ₦5M–₦6M/year (rent).
  • Service Charge: ₦400,000/year.
• Investment Potential: Good for families; steady rental yields.

19. Cadogan Estate

• Location: Lekki Phase 1.
• Description: A high-end estate with modern designs and proximity to business hubs.
• Amenities: Central water, 24/7 security, recreational facilities.
• Price List:
  • 5-Bedroom Detached Duplex: ₦200M–₦250M (sale), ₦10M–₦12M/year (rent).
  • Service Charge: ₦500,000/year.
• Investment Potential: Elite market with high ROI.

20. HRC Estate

• Location: VGC and Ologolo, Lekki.
• Description: A modern estate with smart home features, reliable power, and secure environment.
• Amenities: Recreational park, gym, 24/7 security, central water.
• Price List:
  • 4-Bedroom Terrace Duplex: ₦59M–₦65M (sale), ₦4.5M/year (rent).
  • 5-Bedroom Detached Duplex: ₦180M–₦280M (sale).
  • Service Charge: ₦300,000–₦550,000/year.
• Investment Potential: Affordable entry with strong appreciation.

Additional Costs (All Estates)

• Legal and Admin Fees: 5% of purchase price.
• VAT: 7.5%.
• Survey Fee: ₦1.5M–₦2M.
• Inspection Fee: ₦10,000 (often refundable).

Challenges and Considerations

• Flood Control: Some estates face flooding due to Lekki’s waterlogged terrain; estates like Goshen Beach and Hampton Bay prioritize drainage.
• Traffic: Peak-hour congestion on Lekki-Epe Expressway can delay travel.
• Construction Timelines: Off-plan properties (e.g., Horizon Cyberville) may require buyers to complete interiors.
• Due Diligence: Verify titles (C of O, Governor’s Consent) and inspect structural quality.

Conclusion

The Lekki Peninsula hosts some of Nigeria’s most luxurious and investment-friendly estates, offering modern amenities, secure environments, and proximity to business and leisure hubs. From the elite Pinnock Beach to the affordable Atlantic View, these estates cater to diverse needs. High ROI, flexible payment plans, and consistent appreciation make Lekki a prime real estate market. For current pricing and inspections, contact agents like Bera Deals (07065266133), Realtorada Properties (09131636829), or visit Nigeria Property Centre.