Stillwaters Garden Estate Lekki : (Full Review + Price List)

Stillwaters Garden Estate, Lekki: Full Details With Complete Breakdown + Price List

Overview

Stillwaters Garden Estate, located in Ikate-Elegushi along the Lekki-Epe Expressway, Lagos State, Nigeria, is a luxurious, fully serviced residential estate known for its serene environment and high-end amenities. Positioned near key landmarks such as Enyo Filling Station, Blenco Mall, and Lekki Phase 1, the estate offers a blend of modern living and accessibility to Lagos’ commercial hubs. Developed to cater to families, professionals, and investors, Stillwaters Garden Estate features a range of properties, including detached duplexes, terrace duplexes, flats, and land for custom development. The estate is equipped with top-tier infrastructure, including 24-hour power, robust security, and flood-free drainage, making it a prime choice in Lekki. Properties typically hold a Certificate of Occupancy (C of O) or Governor’s Consent, though some listings mention a Deed of Assignment with a global C of O, requiring due diligence for title verification.

Property Features

Stillwaters Garden Estate offers a variety of residential options designed for luxury and functionality. Below is a detailed breakdown of the estate’s offerings based on available information.

Residential Properties

  • Location: Ikate-Elegushi, near Enyo Filling Station and Blenco Mall, Lekki, Lagos
  • Property Types:
    • 2-bedroom flats
    • 3-bedroom flats
    • 4-bedroom terrace and semi-detached duplexes
    • 5-bedroom fully detached duplexes with Boys’ Quarters (BQ) or guest chalet
  • Key Features:
    • All rooms ensuite with modern sanitary wares (jacuzzi, bathtubs, cubicles)
    • Fully fitted kitchens with appliances (oven, microwave, gas cooker, heat extractor)
    • Spacious living and dining areas with POP ceilings and contemporary finishes
    • Smart home features (e.g., in-built Bluetooth speakers in some units)
    • Ample parking (3–9 cars, up to 25 for larger properties)
    • Stamped concrete flooring and spacious compounds
    • 24-hour electricity with dedicated transformer and central generator
    • Central water treatment plant for treated water supply
    • Efficient drainage system ensuring a flood-free environment
    • Interlocked roads and well-maintained walkways
    • Gated estate with 24/7 corporate security, CCTV surveillance, and access control
  • Estate Amenities:
    • Swimming pool
    • Football pitch and basketball court
    • Indoor game house and children’s playground
    • Event hall and common conference hall
    • Gym/fitness center
    • Tennis court and volleyball facilities
    • Landscaped green areas with palm trees and street lighting
    • Centralized waste management system
  • Nearby Landmarks:
    • Enyo Filling Station: ~1 minute drive
    • Blenco Mall: ~2 minutes drive
    • Lekki Phase 1 (Freedom Way): ~5 minutes drive
    • Novare Mall (Shoprite): ~10–15 minutes drive
    • Lagos Business School: ~10 minutes drive
    • Victoria Island: ~30–50 minutes drive (depending on traffic)
  • Sources: Nigeria Property Centre, Chutku.com.ng

Land for Development

  • Sizes Available: 500 sqm, 550 sqm, 754 sqm, 800 sqm
  • Features:
    • Dry and firm land, suitable for immediate construction
    • Fully fenced with C of O or Governor’s Consent
    • Access to estate infrastructure (roads, drainage, electricity, water)
    • Ideal for residential or select commercial developments
  • Source: Nigeria Property Centre

Estate Infrastructure

  • Roads: Interlocked roads from Lekki-Epe Expressway to the estate; well-paved internal roads
  • Power: 24-hour electricity with dedicated transformer and central generator backup
  • Water: Central water treatment plant ensuring constant treated water supply
  • Drainage: Efficient drainage channels for a flood-free environment
  • Security: Gated community with 24/7 corporate security, CCTV, and access control
  • Waste Management: Centralized waste management system
  • Recreation: Swimming pool, sports facilities, children’s playground, event hall
  • Sources: Nigeria Property Centre, Chutku.com.ng

Price List

Pricing for properties in Stillwaters Garden Estate varies based on type, size, furnishing, and land size. Below is a detailed price list based on available data and comparable properties in Ikate, Lekki. Prices are subject to change, and prospective buyers or renters should contact verified agents for current figures.

Houses for Sale

  • 2-Bedroom Flat:
    • Price: ₦90,000,000–₦125,000,000
    • Features: Ensuite rooms, fitted kitchen, access to estate amenities, Governor’s Consent
    • Example: Newly built 2-bedroom flat with swimming pool, elevator, and inverter, priced at ₦125,000,000 (Housing101)
  • 3-Bedroom Flat:
    • Price: ₦230,000,000 (unfurnished), ₦260,000,000 (furnished)
    • Features: Fully furnished, rooftop lounge, fitted kitchen, suitable for short-term rentals (Airbnb), Governor’s Consent
    • Example: Tastefully furnished 3-bedroom flat near Enyo Filling Station, priced at ₦230,000,000 unfurnished (Housing101)
  • 4-Bedroom Terrace Duplex:
    • Price: ₦250,000,000–₦350,000,000
    • Features: Ensuite rooms, BQ, fitted kitchen, 2–3 car parking, Governor’s Consent
    • Examples:
      • ₦250,000,000: 4-bedroom terrace with registered deed (First Colony Real Estate)
      • ₦350,000,000: 33 units of 4-bedroom terraces with BQ and fitted kitchen (A.H Global Maintenance)
  • 4-Bedroom Semi-Detached Duplex:
    • Price: ₦190,000,000
    • Features: Ensuite rooms, BQ, spacious compound, modern finishes, Governor’s Consent
    • Example: 4-bedroom semi-detached near Lekki Phase 1, priced at ₦190,000,000 (Wrix-way Properties)
  • 5-Bedroom Fully Detached Duplex + BQ:
    • Price: ₦165,000,000–₦550,000,000
    • Features: Ensuite rooms, 2-room BQ or guest chalet, large compound (550–800 sqm), swimming pool, gym, Governor’s Consent or Deed of Assignment (global C of O)
    • Examples:
      • ₦165,000,000: 5-bedroom detached with BQ on 754 sqm, corner piece, prepaid metering, car lot for 25 (Rock Technologies & Properties)
      • ₦170,000,000: 5-bedroom detached with BQ on 550 sqm, needs renovation (Vallecano Ventures)
      • ₦395,000,000: Newly built 5-bedroom detached with BQ, 5-car parking (Spoton Realty)
      • ₦430,000,000–₦450,000,000: 5-bedroom detached with 2-room BQ, stamped concrete, fitted kitchen (Oaks & Cribs, Affordable Property Hub)
      • ₦495,000,000–₦550,000,000: Corner piece 5-bedroom detached with 2-bedroom guest chalet on 800 sqm, fully serviced (Xpresslet Property Network, Teemarthomes)
  • Payment Plans:
    • Flexible plans: 3–12 months interest-free with initial deposit (e.g., ₦10,000,000–₦50,000,000)
    • Mortgage options: Up to 15–25 years at ~6%–16% interest via National Housing Fund (NHF) or banks
    • Sources: Nigeria Property Centre, PropertyPro.ng

Houses for Rent

  • Mini-Flat (Room and Parlor):
    • Rent: ₦800,000–₦3,000,000 per annum
    • Additional Fees:
      • Agency Fee: 10% (₦80,000–₦300,000)
      • Legal Fee: 10% (₦80,000–₦300,000)
      • Caution Fee: ₦50,000–₦200,000 (refundable)
      • Service Charge: ₦50,000–₦200,000 per annum
      • Electricity: ₦100,000 per month (24-hour power)
    • Examples:
      • ₦800,000 per annum: Upstairs mini-flat (Apro Global Real Estate)
      • ₦1,000,000 per annum: Mini-flat with service charge of ₦200,000 (Apro Global Real Estate)
      • ₦3,000,000 per annum: Quick letting mini-flat, service charge ₦50,000 (Leadspecialrealtor)
  • 5-Bedroom Fully Detached Duplex + BQ:
    • Rent: ₦20,000,000 per annum
    • Features: Brand new, fitted kitchen, large compound, access to estate amenities
    • Example: 5-bedroom detached with BQ near Enyo Filling Station (D Connect Realty)
  • Source: Chutku.com.ng, Nigeria Property Centre

Land for Sale

  • Residential Plots:
    • 500 sqm: ₦50,000,000–₦70,000,000 (₦100,000–₦140,000/sqm)
    • 754–800 sqm: ₦80,000,000–₦120,000,000
    • Features: Dry land, C of O or Governor’s Consent, immediate allocation
    • Example: 754 sqm corner piece with Governor’s Consent, priced at ₦165,000,000 with 5-bedroom duplex (Rock Technologies & Properties)
  • Payment Plans:
    • 0–6 months interest-free for full payment
    • 6–12 months with initial deposit (e.g., ₦10,000,000)
  • Source: Nigeria Property Centre

Investment Potential

Stillwaters Garden Estate offers strong investment opportunities due to its prime location and modern infrastructure:

  • High ROI: Properties in Ikate, Lekki, yield 20%–30% annual returns through rental income or resale, driven by demand from professionals and expatriates
  • Strategic Location: Proximity to Lekki Phase 1, Enyo Filling Station, and Blenco Mall ensures accessibility to commercial and recreational hubs.
  • Infrastructure Growth: Ongoing projects like the Lekki Free Trade Zone, Lekki International Airport, and Fourth Mainland Bridge are expected to drive property value appreciation.
  • Lifestyle Appeal: Amenities like swimming pools, sports facilities, and proximity to malls and schools make it ideal for long-term and short-term (Airbnb) rentals.
  • Flood Mitigation: Efficient drainage systems ensure a flood-free environment, a key advantage in Lekki.

Due Diligence

Given past issues with land disputes in Lekki, such as the 2023 demolition of Signature Villa Estate due to drainage encroachment, thorough due diligence is critical:

  • Title Verification: Confirm C of O or Governor’s Consent through the Lagos State Land Registry or Surveyor General’s Office. Properties with only a Deed of Assignment (global C of O) require extra scrutiny to ensure validity
  • Developer Background: Verify the reputation of developers or agents (e.g., Xpresslet Property Network, Housing101) through reviews or past projects.
  • Environmental Checks: Ensure properties are not on government-acquired land or near drainage channels to avoid demolition risks.
  • Surveyor Services: Engage a registered surveyor to chart coordinates and verify documents at the Surveyor General’s Office to confirm no encumbrances.

How to Proceed

To purchase or rent in Stillwaters Garden Estate, follow these steps:

  1. Contact Agents:
    • Xpresslet Property Network: 08066953824, 07018944511, xp**********************@***il.com
    • Housing101: 07060991358
    • D Connect Realty: 08025397343
    • Oaks & Cribs: 07035504886
    • Apro Global Real Estate: aproglobalng.com
    • Sources: Nigeria Property Centre, Chutku.com.ng
  2. Verify Titles: Use a property lawyer or surveyor to confirm C of O or Governor’s Consent at the Lagos State Land Registry or Surveyor General’s Office.
  3. Schedule Inspections: Arrange physical or virtual tours with 24-hour notice. Avoid agents charging excessive viewing fees (recommended max: ₦5,000).
  4. Explore Payment Plans: Inquire about 3–12 month interest-free plans or mortgage options (6%–16% interest for 15–25 years via NHF or banks).

Conclusion

Stillwaters Garden Estate in Ikate, Lekki, offers a luxurious living experience with modern amenities and strong investment potential. Properties range from ₦90,000,000 for 2-bedroom flats to ₦550,000,000 for 5-bedroom detached duplexes, with plots starting at ₦50,000,000. Rentals vary from ₦800,000 for mini-flats to ₦20,000,000 per annum for duplexes. The estate’s 24-hour power, flood-free drainage, and proximity to Lekki Phase 1 make it ideal for residents and investors. However, due diligence is essential to verify titles and avoid risks like those seen in nearby estates. Contact verified agents for the latest pricing and inspections.

Disclaimer: Prices and availability are subject to change. Always verify details with the property management or authorized agents before making financial commitments.

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