Richmond Gate Estate, Ikate Lekki: Homes, Prices & What to Know
What to know about Richmond Gate Estate — location, property types, the price reality and live nearby listings.
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Browse ApartmentsRichmond Gate Estate is a gated residential estate in the Ikate (Ikate Elegushi) area of Lekki, Lagos — a quiet, secured enclave of upscale homes set just off the busy Lekki corridor, within easy reach of Lekki Phase 1 and Victoria Island. It has long been associated with contemporary luxury houses and a well-known residents' community, which is part of why the name draws steady search interest from buyers, renters and people simply curious about the neighbourhood.
If you are weighing up a move here, the short version is this: you are looking at a serviced, access-controlled estate in one of Lekki's most central pockets, where homes trade and let at a premium to the wider area. Below is what is genuinely known about the estate, how the surrounding Ikate market behaves, and the live listings in and around Lekki so you can anchor any figure to real asking prices rather than guesswork.
Where Richmond Gate Estate sits
The estate is located in Ikate Elegushi, one of the most central neighbourhoods on the Lekki peninsula. Ikate falls within the Eti-Osa Local Government Area and borders Lekki Phase 1, which means you are a short drive from the shops, restaurants and offices of Phase 1, and only a little further to Victoria Island across the Lekki–Admiralty axis. The area takes its name from the Elegushi royal family, and the popular Elegushi Beach lies nearby on the Atlantic side.
For day-to-day life, that location is the real draw. Ikate has matured quickly from a developing fringe into a dense, mixed neighbourhood of estates, standalone duplexes, serviced apartments and a growing cluster of eateries and conveniences. Richmond Gate's appeal is that it offers a controlled, gated environment inside that busy context — you get central Lekki access without living directly on an open street.
What you get in the estate
Richmond Gate Estate was developed by Haven Homes, a Lagos developer that has built residential schemes in Lekki for years, and the estate is known for contemporary, western-styled houses rather than tower blocks of flats. Press coverage has reported a number of well-known public figures among past residents and homeowners, which has shaped its reputation as a prestige address. Because the estate is private, exact current unit counts, house designs and prices are best confirmed directly with agents and the listings below — stock and specifications change over time.
As a gated, serviced estate you would typically expect controlled entry and perimeter security, maintained internal roads, and shared estate management — features common to this tier of Lekki development. The exact service charge, back-up power arrangement and amenity list vary by home and should be verified before you commit; ask specifically what the charge covers and how it is billed.
Price and size reality (indicative)
The table below frames the kind of homes Ikate and estates like Richmond Gate deal in. The bands are indicative only — a gated, serviced address usually commands a premium over the surrounding street average, and the live listings are the single best guide to what any specific home costs today.
| Home type | Typical size | Indicative band | Best for |
|---|---|---|---|
| 2-bed apartment / maisonette | ~90–130 sqm | Check live listings | Couples, young professionals |
| 3-bed apartment | ~130–180 sqm | Check live listings | Small families, sharers |
| 4–5-bed duplex / terrace | ~250–400 sqm | Check live listings | Families wanting space & BQ |
| Short-let / serviced | Nightly / monthly | Check live listings | Visitors, flexible stays |
Costs to budget beyond the headline figure
In a serviced Lekki estate the rent or purchase price is rarely the whole story. Budget for an estate service charge (covering security, cleaning, common-area power and maintenance), and for rentals, the usual Lagos agency and legal fees — often around ten per cent each — plus a caution/security deposit. Many landlords here still expect a year (sometimes two) of rent up front, so factor that into cash-flow. Confirm the power situation too: who runs the generator, how diesel is shared, and whether the estate is on a reliable grid feed. For buyers, verify the title (governor's consent, deed of assignment) and any outstanding estate levies before paying.
See median asking prices, rental yields and short-let vs long-let analysis for Lekki and beyond — live from apartments.ng listings.
Explore live market data →How to choose — and how to search smart
If a specific home in Richmond Gate is not currently listed, you have good options nearby. Ikate and the surrounding Lekki belt are full of comparable gated and serviced estates, so widen your search to "Ikate" and "Lekki" and filter by bedrooms, price and whether you want a flat, maisonette or duplex. When you view, prioritise the things that actually affect daily life: security and access control, the reliability and cost of power, water supply, traffic at the estate gate during rush hour, and the realistic drive time to Phase 1 and Victoria Island. A slightly cheaper home a street away can be the smarter buy once service charges and power costs are in the picture.
Frequently asked questions
Where exactly is Richmond Gate Estate?
In Ikate Elegushi, Lekki, within Eti-Osa Local Government Area of Lagos — close to Lekki Phase 1 and a short drive from Victoria Island.
Is it for rent or for sale?
Both change over time. Homes in and around the estate come up for sale, long-let and sometimes short-let. Use the live listings above to see what is actually available right now.
Are prices high?
As a gated, serviced estate in central Lekki, it typically prices at a premium to the wider Ikate average. Any figure you see quoted elsewhere should be checked against current listings before you rely on it.
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