Residential Estates in Agungi, Lekki, Lagos (2025): Full Details

Agungi, located along the Lekki-Epe Expressway in the Lekki Peninsula of Lagos State, Nigeria, is a rapidly developing suburban neighborhood known for its blend of residential comfort, growing commercial activity, and strategic proximity to business hubs like Victoria Island and Ikoyi. As one of the fastest-growing areas in the Lekki corridor, Agungi is a prime destination for property investment and modern living, offering gated estates with top-notch amenities and a serene environment. This article provides a detailed overview of prominent residential estates in Agungi, Lekki, including their locations, amenities, property types, price ranges, and developers where available. The information is sourced from platforms like PropertyPro Nigeria, Nigeria Property Centre, UrbanEase, and posts on X, reflecting the real estate market in 2025.

Why Choose Estates in Agungi, Lekki?

Agungi’s appeal lies in its strategic location and modern infrastructure, making it ideal for families, professionals, and investors. Key advantages include:

Strategic Location: Positioned between Chevron Drive and Jakande, Agungi is approximately 15–30 minutes from Victoria Island and Ikoyi, with alternative routes to avoid peak-hour traffic.
Security: Gated estates offer 24/7 security, CCTV, and controlled access, ensuring safety in a bustling urban setting.
Amenities: Many estates provide 24-hour electricity (via private generators or EKDC), boreholes with water treatment, well-paved roads, and recreational facilities like gyms, pools, and playgrounds.
Investment Potential: Agungi’s property market is booming due to infrastructure projects like the Lekki Deep Sea Port and Fourth Mainland Bridge, with property values rising 15% annually in some areas.
Community: A mix of middle-class and high-income residents, including professionals and expatriates, fosters a vibrant community with networking opportunities.
Challenges: Occasional flooding in some areas, reliance on private boreholes due to limited public water supply, and traffic congestion on the Lekki-Epe Expressway during peak hours.

Prominent Estates in Agungi, Lekki

Below is a curated list of notable residential estates in Agungi, Lekki, based on real estate listings and market insights.

Friends Colony Estate
- Location: Agungi/Osapa area, Lekki, Lagos
- Description: A fully serviced residential estate developed by Aircom Nigeria, known for its well-maintained properties and serene environment, ranked among the top estates in Lekki.
- Amenities: 24/7 security with patrols and CCTV, well-paved roads, efficient drainage, 24-hour electricity, water treatment plants, central sewage system, waste management, fumigation, fitness gym, swimming pool, and lush landscaping.
- Property Types: Detached and semi-detached duplexes (4–5 bedrooms), terraces, apartments (2–3 bedrooms), and land plots.
- Price Range:
  - Purchase: ₦90 million–₦350 million (e.g., ₦130 million for a 5-bedroom detached duplex, ₦90 million for a 4-bedroom semi-detached duplex).
  - Rent: ₦2.5 million–₦15 million annually (e.g., ₦5 million for a 3-bedroom apartment, ₦450,000 for a 1-room self-contained).
- Developer: Aircom Nigeria, known for projects like Bourdillon Court and Napier Gardens.
- Key Features: Offers top-notch infrastructure, modern facilities, and a clean, safe environment free from Lagos noise. Residents pay a subsidized monthly service charge for maintenance, security, and sanitation. Its accessibility via Agungi or Osapa and proximity to commercial hubs like Novare Mall enhance its appeal. Challenges include high service charges and traffic on nearby expressways.
Pinnock Beach Estate
- Location: Off Castle Rock Avenue, Agungi, Lekki, Lagos
- Description: A luxurious waterfront estate developed by UACN Property Development Company (UPDC Plc), spanning over 3 hectares and facing the Lagos Lagoon, ideal for high-income residents seeking exclusivity.
- Amenities: 24/7 security, well-paved roads, sewage and water treatment plants, reliable electricity, swimming pools, gymnasium, children’s playground, and scenic lagoon views.
- Property Types: Detached duplexes (5–6 bedrooms), semi-detached duplexes, terraces, and land plots (e.g., 930 sqm).
- Price Range:
  - Purchase: ₦170 million–₦800 million (e.g., ₦400 million for a 930 sqm land plot, ₦350 million for a 5-bedroom detached duplex with pool).
  - Rent: ₦10 million–₦18 million annually for duplexes.
- Developer: UACN Property Development Company (UPDC Plc).
- Key Features: Known for its eco-friendly design, including solar grids and rainwater systems, and premium recreational facilities. Its waterfront location and proximity to Femi Okunnu Housing Estate add to its allure. Occasional flooding concerns require verification of drainage systems.
Chevy View Estate
- Location: Along Chevron Drive, Agungi, Lekki, Lagos
- Description: A prime residential and commercial estate opposite Chevron Nigeria Limited, offering modern housing and a vibrant community for professionals.
- Amenities: 24/7 security, well-maintained roads, reliable electricity, good drainage, and proximity to schools, hospitals, and shopping centers like Novare Mall.
- Property Types: Detached and semi-detached duplexes (4–5 bedrooms), terraces, and apartments (2–3 bedrooms).
- Price Range:
  - Purchase: ₦90 million–₦350 million (e.g., ₦130 million for a 4-bedroom semi-detached duplex, ₦185 million for a 5-bedroom duplex).
  - Rent: ₦1.7 million–₦15 million annually (e.g., ₦5 million for a 3-bedroom apartment).
- Developer: Privately developed by multiple developers who purchase and build on land plots.
- Key Features: Offers diverse housing options with modern finishes like chandeliers, in-built speakers, and CCTV. Its strategic location ensures low traffic compared to other Lekki areas, but occasional flooding has been reported, requiring due diligence.
Bakare Estate
- Location: Agungi, Lekki, Lagos
- Description: A gated residential community known for its well-planned layout and proximity to amenities, catering to families and professionals seeking comfort.
- Amenities: 24/7 security, good road network, boreholes with water treatment, recreational facilities, and access to nearby schools and commercial hubs.
- Property Types: Detached and semi-detached houses, apartments (2–4 bedrooms), and mini-flats.
- Price Range:
  - Purchase: ₦50 million–₦200 million (e.g., ₦90 million for a 4-bedroom semi-detached duplex).
  - Rent: ₦2 million–₦10 million annually (e.g., ₦5 million for a 3-bedroom apartment).
- Developer: Privately developed; specific developer details not widely documented.
- Key Features: Offers a comfortable living environment with a strong sense of community. Its proximity to the Lekki-Epe Expressway ensures connectivity, but residents should verify drainage to mitigate flooding risks.
Pecaeville Estate
- Location: Idado, Agungi, Lekki, Lagos
- Description: A newly developed estate known for its luxury and modern design, ideal for high-income residents seeking a blend of comfort and class.
- Amenities: 24/7 security, gated access, constant electricity, water treatment plants, CCTV, interlocked roads, and modern facilities like fitted kitchens and jacuzzis.
- Property Types: Detached duplexes (5 bedrooms), semi-detached duplexes, and apartments with boys’ quarters (BQ).
- Price Range:
  - Purchase: ₦130 million–₦350 million (e.g., ₦130 million for a 5-bedroom detached duplex with BQ).
  - Rent: ₦5 million–₦15 million annually.
- Developer: Privately developed; managed by estate associations.
- Key Features: Features spacious properties with high-end finishes like walk-in closets and in-built speakers. Its prime location in Idado, near Agungi, ensures accessibility, but high service charges may apply.

Market Insights and Considerations

Price Trends: The average price for houses in Agungi is ₦180 million, with a range of ₦11 million–₦887 million depending on size, location, and features. Land averages ₦350,000 per square meter. Rentals average ₦5 million annually, ranging from ₦800,000–₦15 million.
Property Types: Common options include detached and semi-detached duplexes (4–6 bedrooms), terraces, apartments (1–4 bedrooms), mini-flats, and land plots. Modern features like POP ceilings, chandeliers, CCTV, and fitted kitchens are standard.
Investment Potential: Agungi’s proximity to Lekki Phase 1, infrastructure developments (e.g., Lekki Deep Sea Port), and 20–30% annual return on investment make it a hotspot for investors. Rent-to-own schemes and flexible payment plans are available.
Amenities: Most estates provide 24-hour electricity (via generators or EKDC), boreholes with treatment plants, and good drainage, though some rely on private water systems. Recreational facilities like gyms, pools, and playgrounds are common in upscale estates.
Challenges: Occasional flooding in some estates, reliance on private generators, and traffic congestion on the Lekki-Epe Expressway. Buyers should verify titles (e.g., Governor’s Consent) with the Lagos State Land Bureau and request 3D virtual tours.
Buying/Renting Tips: Purchase from verified agents on platforms like www.nigeriapropertycentre.com or www.propertypro.ng to ensure legitimate titles. For rentals, prioritize properties with prepaid meters and water treatment to reduce costs. Contact agents like Ekohomesng (08153361264) or Wincovers Properties (08103254940) for inspections.

Conclusion

Agungi, Lekki, is a prime residential destination with estates like Friends Colony, Pinnock Beach, Chevy View, Bakare, and Pecaeville offering modern, secure, and luxurious living options. These estates cater to diverse needs, from affordable apartments to high-end duplexes, with strong investment potential driven by infrastructure growth and proximity to Lagos’ business hubs. However, buyers and renters should consider traffic, flooding risks, and service charges when choosing a property. For the latest listings and verified agents, visit www.nigeriapropertycentre.com, www.propertypro.ng, or www.urbanease.com.ng, or contact realtors for personalized assistance.