Top 10 Best Residential Estates in Lagos Island

  | 10 min read
Top 10 Best Residential Estates in Lagos Island

Lagos Island, with its rich history, vibrant culture, and stunning waterfront views, stands as one of Nigeria’s most sought-after locations. As the bustling heart of Lagos, it offers an unparalleled blend of urban sophistication and serene residential enclaves. Whether you’re a young professional, a growing family, or someone seeking the perfect retirement haven, Lagos Island has a variety of residential estates that cater to diverse needs and lifestyles.

In this blog post, we will explore some of the best residential estates in Lagos Island, highlighting their unique features, amenities, and what makes them the ideal places to call home. 

ALSO SEE: Properties for Sale in Lagos Island

Best Residential Estates in Lagos Island

1. Parkview Estate

Parkview Estate, situated in Ikoyi near the prestigious Banana Island and bordered by Gerrard Road, is one of the most luxurious estates in Lagos. This residential enclave, owned by a royal family, epitomizes opulent living.

The estate boasts a variety of housing options including semi-detached duplexes, fully detached houses, terraces, townhouses, penthouses, and bungalows. Within its boundaries, you’ll also find private businesses, schools, luxury hotels, upper-class suites, and more.

Many of the homes in Parkview Estate are developed by private developers and landowners before being sold to the public. The estate is a gated community in a prime location, featuring a single main entrance monitored by security guards, ensuring a high level of security.

Residents enjoy a quality road network, street lights, an efficient drainage system, and a host of essential amenities such as schools, hotels, pharmacies, relaxation spots, sports facilities, and supermarkets. Parkview Estate is a paragon of luxury, convenience, and security, making it one of the top residential choices in Lagos.

2. Chevy View estate

Chevy View Estate, despite receiving some negative reviews due to occasional flooding issues, remains one of the best residential and commercial estates in Lagos for numerous reasons.

Located along Chevron Drive, off the Lekki-Epe Expressway in Lekki Peninsula II, Chevy View Estate is directly opposite the head office of Chevron Nigeria Limited and about a 30-minute drive to Victoria Island. This prime location adds to its appeal.

The estate primarily features duplexes (both semi-detached and fully detached) and terraces, mostly built by private developers who purchase land, build, and then sell the properties. This development approach ensures a variety of modern housing options.

Chevy View Estate is notable for its high-income residents, making it an ideal hub for high-value networking and creating a vibrant community of professionals and business people.

Security in Chevy View Estate is robust, with two main gates guarded by security posts and uniformed security personnel conducting routine checks on all vehicles entering and leaving the estate. Additionally, the proximity to Chevron’s office ensures the presence of armed mobile police officers, further enhancing the estate’s safety.

Overall, Chevy View Estate offers a secure and prestigious living environment, combining convenience, modern amenities, and a high standard of living, making it a top choice for discerning residents.

3. Pinnock Beach Estate.

Pinnock Beach Estate is strategically located along the Lekki-Epe Expressway in Osapa Lekki, nestled within the neighborhood of Femi Okunnu Housing Estate and near a Mobil filling station. This prime location offers residents easy access to key areas in Lagos.

Owned and developed by UACN Development and Property Company (UPDC Plc), Pinnock Beach Estate spans over 3 hectares of land, with its waterfront directly facing the Lagos Lagoon. This scenic waterfront provides residents with a cool, beautiful natural environment, enhancing the estate’s appeal.

The estate comprises 79 housing units, including:

  • 11 five-bedroom detached houses with boys’ quarters.
  • 28 four-bedroom semi-detached houses with boys’ quarters.
  • 8 four-bedroom semi-detached houses.
  • 32 three-bedroom apartments with boys’ quarters.

Residents of Pinnock Beach Estate enjoy a range of recreational facilities such as swimming pools, a gymnasium, and a children’s playground. Essential amenities are well-catered for, with a sewage treatment plant, borehole, and water treatment plant ensuring a reliable supply of potable water. Safety is a priority, with fire alarm systems to manage fire outbreaks and burglar alarm systems to prevent theft.

The estate is secured with a Certificate of Occupancy (C of O) issued by the Lagos State Government. Power supply is reliable, with electricity provided by both PHCN and a standby generator.

Overall, Pinnock Beach Estate offers a blend of luxury, comfort, and security, making it one of the premier residential choices in Lagos.

4. Banana island estate

No list of the top 10 residential estates on Lagos Island is complete without mentioning the renowned “Billionaire’s Paradise,” Banana Island.

Located on reclaimed land in the Ikoyi axis of Lagos State, Banana Island is a man-made marvel with a unique shape resembling a banana, from which it derives its name. This exclusive island is synonymous with luxury and opulence.

Security is paramount on Banana Island, with only one main entrance guarded by uniformed security personnel from BIPORAL (Banana Island Property Owners’ and Residents’ Association Limited) Security Services. Visitors must park in a designated area to obtain access codes and undergo further security checks before entering.

The estate is divided into three zones: residential, commercial, and mixed development. In the residential zone, developers are restricted to building structures no taller than three stories. The island also features apartment buildings and blocks of flats developed by private real estate companies, with the Ocean Parade Towers—14 luxury tower blocks overlooking the lagoon—being particularly notable.

Banana Island’s unparalleled luxury attracts some of West Africa’s wealthiest individuals, including Aliko Dangote, Mike Adenuga, Linda Ikeji, and P-Square.

The infrastructure and amenities on Banana Island are top-tier, ensuring 24-hour electricity, robust security, a well-maintained road network, covered drainage systems, effective waste management, sewage and water treatment facilities, constant water supply, lush greenery, well-designed landscapes, and a children’s play area. All these features combine to create an environment of comfort and ultimate luxury.

5. Friends Colony Estate, Lekki, Lagos

Friends Colony Estate, situated in the Agungi/Osapa area of Lekki, is a fully serviced residential enclave developed by Aircom Nigeria. Known for their exceptional projects like Northern Foreshore Estate, Milverton Court Estate, and Bourdillon Court Estate, Aircom Nigeria has established a reputation for creating well-maintained and aesthetically pleasing residential communities on Lagos Island.

This estate boasts top-notch infrastructure, including well-paved roads, efficient drainage systems, and 24-hour power supply. The lush landscaping adds to the charm, providing a serene and attractive living environment.

Residents of Friends Colony enjoy a range of services covered by a monthly service charge. These services include waste management, general sanitation, 24-hour security patrols, fumigation, and overall estate maintenance, ensuring a clean, safe, and comfortable living experience.

The estate is well-equipped with modern facilities such as water treatment plants, a central sewage disposal system, and an effective drainage system. Additionally, Friends Colony features a commercial center with a fitness gym and a swimming pool, providing residents with convenient recreational options within the estate.

6. Lekki Gardens Estate

Lekki Gardens Estate, encompassing Phases 2 and 4, is strategically situated along the Lekki-Epe Expressway, just past the Ajah roundabout and a short drive from the Abraham Adesanya roundabout. During peak hours, it takes approximately two hours to commute to and from Victoria Island.

Access to the estate is strictly controlled, allowing entry only to residents. Non-residents must contact their hosts before being granted access. The estate features a central management authority responsible for maintaining cleanliness, managing waste, and ensuring the continuous availability of potable water and electricity, especially during peak hours (4 pm – 9 am).

This organized approach to estate management guarantees a well-maintained and secure environment for all residents.

7. Bourdillion Court Estate.

Bourdillon Court Estate, a prestigious residential community, is located on the upscale Chevron Drive in Lekki. Developed by Aircom Nigeria Limited, the estate comprises 172 units of terraced duplexes, offering a blend of luxury and comfort.

The estate features a central management authority that ensures the environment is well-maintained and beautifully landscaped. With interlocked roads and ample green spaces, Bourdillon Court Estate provides a visually appealing and serene living environment.

As a gated community, Bourdillon Court Estate boasts effective 24-hour security. Entry is strictly controlled, with non-residents required to call their hosts to obtain a “gate-pass” before being allowed in.

Residents pay a monthly service charge that covers essential services such as security, gardening, waste management, and overall estate maintenance. This ensures a clean, safe, and well-kept environment for all who live there.

8. Nicon town estate.

Situated at Ikate, Salem Bus Stop, off the Lekki-Epe Expressway, Nicon Town Estate stands as a distinguished residential enclave.

Initially overseen by the Chevron Employees Multipurpose Cooperative Society (CEMCS), this expansive estate spans over 57 hectares of land. In 2001, Nicon Lekki Ltd sold the majority of the land plots to CEMCS, which then assumed full responsibility for the development, achieving substantial completion by 2007.

Nicon Town Estate is renowned for its luxury and sophistication, catering primarily to high-income individuals. It is characterized by excellent infrastructure, meticulous finishing, and a well-organized layout, setting a benchmark for upscale residential living.

9. Living Gold Estate.

Nestled within the prestigious Banana Island of Lagos State, Living Gold Estate stands as a pinnacle of beauty and luxury.

This estate is celebrated for its stunning ocean views and boasts state-of-the-art facilities that redefine residential living in Lagos State. Surrounded by lush greenery, Living Gold Estate serves as a sanctuary for diverse bird species such as kingfishers, louries, and owls, enhancing its natural allure and adding to the estate’s serene ambiance.

Living Gold Estate features some of Lagos’s most exquisite luxury homes, offering top-notch amenities and features including home theaters, elegant marble floors, outdoor pools, luminous chandeliers, and more. It epitomizes classic luxury in every aspect of its design and environment.

10. Oral Estate

Oral Estate earns its spot on our list for its emerging status and promising development, offering an ideal choice for those seeking affordable yet quality living.

Located along the Lekki-Epe Expressway near Ikota Villa Estate, Oral Estate stands out as a decentralized development without oversight from a central governing body or individual.

Various property developers have invested in Oral Estate, acquiring plots to construct homes tailored to individual tastes and preferences. This flexibility allows for diverse architectural styles and housing options within the community.

Despite the absence of centralized services, Oral Estate boasts impressive road infrastructure and a tranquil environment, making it an ideal setting for families and child-raising. Its serene ambiance promises a peaceful residential experience amidst ongoing development, offering great potential for return on investment, premium living, and comfort.

How do we rate the top 10 residential estates on Lagos island?

Rating the top 10 residential estates in Lagos Island involves a comprehensive evaluation based on several key criteria. Here are the factors to consider:

  • 1. Location
    • Proximity to business districts, schools, hospitals, and recreational centers.
    • Accessibility and connectivity via major roads and public transport.
  • 2. Security
    • Presence of gated communities with 24/7 security personnel.
    • Advanced security systems such as CCTV cameras, controlled access, and perimeter fencing.
  • 3. Amenities
    • Availability of essential services like water supply, electricity, and waste management.
    • On-site facilities such as swimming pools, gyms, parks, playgrounds, and sports courts.
  • 4. Infrastructure
    • Quality of roads, drainage systems, and landscaping within the estate.
    • Modern architectural designs and construction quality of the buildings.
  • 5. Community and Lifestyle
    • Presence of a friendly and active community.
    • Opportunities for social interactions through community events and recreational activities.
  • 6. Property Value and Investment Potential
    • Trends in property appreciation and rental yields.
    • Reputation of the estate for long-term value and investment returns.
  • 7. Maintenance and Management
    • Efficiency of estate management in maintaining common areas and facilities.
    • Responsiveness to residents’ concerns and needs.
  • 8. Resident Reviews and Feedback
    • Opinions and testimonials from current and past residents.
    • Overall satisfaction with living conditions and estate management.

In conclusion, As Lagos continues to grow, these estates not only represent prestigious addresses but also serve as vibrant communities where residents thrive amidst well-maintained environments and thoughtful amenities. Whether you seek serene waterfront views, exclusive gated communities, or burgeoning neighborhoods, Lagos Island’s residential estates stand ready to welcome you home to the epitome of urban living in Nigeria.

Christian Nduaguba