Residential Estates in and Around Ago Palace Way, Okota, Lagos (2025): Full Details
Ago Palace Way, located in the Okota ward of Oshodi-Isolo Local Government Area (LGA) in Lagos, Nigeria, is a vibrant commercial and residential hub known for its accessibility, diverse population, and proximity to key areas like Festac, Ajao Estate, and the Apapa-Oshodi Expressway. The area is home to several residential estates and gated communities that offer structured living environments with enhanced security, reliable amenities, and organized layouts, making them attractive to families, professionals, and investors. This article provides a detailed overview of notable estates in and around Ago Palace Way, Okota, including their locations, amenities, property types, price ranges, and developers where available. The information is sourced from platforms like PropertyPro Nigeria, Nigeria Property Centre, and other real estate listings, reflecting the market as of 2025.
Why Choose Estates in Ago Palace Way, Okota?
Ago Palace Way is a bustling area with a mix of residential, commercial, and industrial activities, making it a strategic location for residents. Key advantages of living in estates in this area include:
- Accessibility: Proximity to the Apapa-Oshodi Expressway, connecting to areas like Festac, Mile 2, and Murtala Muhammed International Airport (3.7 miles away).
- Security: Gated estates with 24/7 security, CCTV, and controlled access.
- Amenities: Reliable electricity (often with generator backup), treated water, good road networks, and access to schools, hospitals, and shopping centers like Justrite Superstore and Aswani Market.
- Community: Diverse population with residents from various ethnic groups, including Igbo, Yoruba, and Niger Delta communities, fostering a rich cultural environment.
- Challenges: Traffic congestion due to proximity to Cele and Isolo, high service charges in premium estates, and occasional flooding in poorly planned areas.
Prominent Estates in and Around Ago Palace Way, Okota
Below is a curated list of notable residential estates in and around Ago Palace Way, Okota, based on available data from real estate platforms and local insights.
- Greenfield Estate
- Location: Ago Palace Way, Okota, Oshodi-Isolo LGA, Lagos
- Description: A well-planned gated community known for its modern infrastructure and serene environment, ideal for families and professionals. It is one of the most recognized estates directly associated with Ago Palace Way.
- Amenities: 24/7 security, CCTV, constant electricity with generator backup, treated water, paved roads, recreational areas, and proximity to high-standard schools (e.g., Bethma Achievers Private School) and hospitals.
- Property Types: Detached and semi-detached duplexes, blocks of flats (2–4 bedrooms), bungalows, and mini-flats.
- Price Range:
- Purchase: ₦85 million–₦250 million (e.g., ₦85 million for a block of 3-bedroom flats, ₦250 million for a 5-bedroom duplex with C of O).
- Rent: ₦1.6 million–₦5 million annually (e.g., ₦2.6 million for a 3-bedroom apartment, ₦3.5 million for a 2-bedroom flat in Grandmate area).
- Developer: Privately developed; managed by estate associations.
- Key Features: Offers a homely environment with tight security and modern amenities like fitted kitchens, Spanish tiles, and smart locks in some properties. Its proximity to commercial hubs and eateries (serving Nigerian and international cuisines) adds to its appeal. Challenges include traffic during peak hours and high maintenance costs.
- Startimes Estate
- Location: Off Ago Palace Way, Okota, Oshodi-Isolo LGA, Lagos
- Description: A modern residential estate known for its ultra-modern architectural designs, catering to upper-middle-class residents and investors.
- Amenities: 24/7 security with CCTV, constant electricity, paved roads, street lighting, and access to nearby amenities like Zion Ministry, supermarkets, and restaurants.
- Property Types: 5-bedroom detached duplexes, blocks of flats (2–3 bedrooms), and commercial properties.
- Price Range:
- Purchase: ₦150 million–₦250 million (e.g., ₦200 million for a 5-bedroom duplex with state-of-the-art design).
- Rent: ₦2 million–₦5 million annually for apartments and duplexes.
- Developer: Privately developed; specific developer details not widely documented.
- Key Features: Known for luxurious properties with features like Spanish tiles, LED lighting, fitted kitchens with pantries, and CCTV. Its location near Ago Palace Way ensures easy access to commercial areas, but traffic congestion can be a drawback.
- Golden Estate
- Location: Apple Junction, near Ago Palace Way, Amuwo Odofin, Lagos (close to Okota)
- Description: A serene estate with modern housing options, located slightly off Ago Palace Way but within the broader Okota/Amuwo Odofin area, offering a quieter residential experience.
- Amenities: Gated community with 24/7 security, reliable electricity, water treatment plants, good drainage systems, and proximity to schools and shopping centers.
- Property Types: 2–4-bedroom flats, semi-detached duplexes, and bungalows.
- Price Range:
- Purchase: ₦75 million–₦180 million (e.g., ₦150 million for a block of 4 flats with shops).
- Rent: ₦2 million–₦3.5 million annually (e.g., ₦3.5 million for a 2-bedroom flat).
- Developer: Privately developed; managed by estate management committees.
- Key Features: Offers a balance of affordability and modern living, with well-organized layouts and secure environments. Its proximity to Festac and Amuwo Odofin enhances accessibility to recreational facilities like Frankids Amusement Park.
- Lakeview Estate
- Location: Apple Junction, near Ago Palace Way, Amuwo Odofin, Lagos
- Description: A high-end estate close to Ago Palace Way, known for its spacious properties and premium amenities, attracting professionals and families.
- Amenities: 24/7 security, CCTV, constant power supply, well-paved roads, recreational facilities, and access to nearby commercial hubs like Justrite Superstore.
- Property Types: 3–4-bedroom flats, detached and terraced duplexes.
- Price Range:
- Purchase: ₦100 million–₦200 million (e.g., ₦180 million for a 4-bedroom duplex).
- Rent: ₦3 million–₦15 million annually (e.g., ₦15 million for a 3-bedroom flat in a premium section).
- Developer: Privately developed; specific details not widely available.
- Key Features: Known for its serene environment and high-quality construction, with properties featuring modern fittings like fitted wardrobes and smart security systems. Its location near Ago Palace Way ensures connectivity but may face traffic issues.
- Grandmate Estate
- Location: Ago Palace Way, Okota, Oshodi-Isolo LGA, Lagos
- Description: A compact estate known for its modern apartments and proximity to Ago Palace Way’s commercial vibrancy, ideal for young professionals and small families.
- Amenities: Gated community, 24/7 security, prepaid meters, water supply, and access to nearby schools, hospitals, and eateries.
- Property Types: 1–3-bedroom flats, mini-flats, and room self-contained units.
- Price Range:
- Purchase: ₦85 million–₦150 million for blocks of flats.
- Rent: ₦2 million–₦3.5 million annually (e.g., ₦3.5 million for a luxury room self-contained).
- Developer: Privately developed; managed by local estate associations.
- Key Features: Offers affordable yet modern living spaces with features like POP ceilings and tiled interiors. Its central location makes it ideal for those working in Okota or nearby areas, though parking can be limited in some sections.
Additional Notable Estates Nearby
While the above estates are directly linked to Ago Palace Way or its immediate surroundings, other estates in the broader Oshodi-Isolo and Amuwo Odofin areas are also accessible from Ago Palace Way:
- Ajao Estate: Located near Ago Palace Way in Isolo, known for its serene environment, tarred roads, and top-notch security. Prices range from ₦100 million–₦300 million for purchase and ₦2 million–₦10 million for rent.
- Ire-Akari Estate: A popular estate in Isolo, close to Ago Palace Way, offering affordable housing options like blocks of flats and bungalows. Prices range from ₦50 million–₦150 million for purchase and ₦1 million–₦3 million for rent.
- Jakande Estate: A government-developed estate in Isolo, known for affordability and accessibility. Prices range from ₦40 million–₦100 million for purchase and ₦800,000–₦2 million for rent.
- Peace Estate: Another Isolo estate near Ago Palace Way, offering a mix of flats and duplexes with good security. Prices range from ₦60 million–₦150 million for purchase and ₦1.5 million–₦4 million for rent.
Market Insights and Considerations
- Price Trends: The average price for houses for sale in Ago Palace, Okota, is ₦170 million, with properties ranging from ₦75 million to ₦6 billion depending on size, location, and features. Rentals average ₦1.6 million annually, with a range of ₦1 million–₦5 million.
- Property Types: Common options include blocks of flats (2–3 bedrooms), detached and semi-detached duplexes, bungalows, and commercial properties like warehouses and office plazas. Land plots (e.g., 668 sqm) are available for ₦120 million with titles like Deed and Survey.
- Amenities: Most estates offer 24/7 security, electricity with generator backup, and access to nearby amenities like schools, hospitals, and shopping centers (e.g., Aswani Market, Justrite Superstore). Some premium properties include smart features like CCTV and Bluetooth speakers.
- Challenges: Traffic congestion is common due to Ago Palace Way’s proximity to Cele and Isolo. Some estates may face flooding during heavy rains, and service charges can be high in premium estates.
- Buying/Renting Tips: Purchase from verified agents on platforms like PropertyPro Nigeria or Nigeria Property Centre to ensure legitimate titles (e.g., Certificate of Occupancy). For rentals, check for prepaid meters and water supply to reduce utility costs. Always inspect properties in person and verify documents.
Conclusion
Ago Palace Way, Okota, is a thriving residential and commercial hub with estates like Greenfield, Startimes, Golden, Lakeview, and Grandmate offering modern living options for various budgets. These estates provide secure, well-planned environments with access to essential amenities, making them ideal for families, professionals, and investors. However, potential residents should consider traffic, flooding risks, and high service charges when choosing a property.