A few months ago, I met a man named David. He came in from the UK with just one goal: to finally invest in land in Lagos after years of procrastination.
He’d been hearing whispers about the Lagos coastal road and its promises, but he wasn’t quite convinced—until he drove through the current route from Victoria Island to Abraham Adesanya.
The traffic, the bottlenecks, the long hours—it all made sense to him in that moment. If that road becomes a reality, the areas it touches won’t just be convenient—they’ll become gold mines.
Fast forward to today: David owns two plots in one of the areas I’ll be mentioning shortly, and let’s just say he sleeps better at night knowing he didn’t wait too long.So, what’s the fuss about the Lagos Coastal Road?When completed, the Lekki Coastal Road is expected to stretch from Victoria Island through Lekki Phase 1, Ajah, and Abraham Adesanya, continuing all the way to the Free Trade Zone area—running parallel to the Lekki-Epe Expressway.
It’s designed to ease congestion, open up new corridors, and boost real estate potential like never before.In this article, I’m going to show you why these 5 locations will explode in value when the coastal road is completed. And I’ll do it without hype or fluff—just facts, trends, and some good old Lagos sense.
1. Abraham Adesanya – The Gateway Before the BoomIf Lagos were a storybook, Abraham Adesanya would be the prologue to something much bigger. Located just after Ajah, it’s one of the most active residential areas for middle- and upper-middle-class Nigerians. Currently, the only way to access the area is through the jam-packed Lekki-Epe Expressway.
But once the coastal road is operational, Abraham Adesanya becomes a key access point—not just for local residents, but for businesses and developers looking for cheaper but strategic land close to Lekki Phase 1 and Victoria Island.We’ve already started seeing the signs: developers buying distressed properties, smart investors picking up land quietly, and new gated estates springing up faster than before. David, my UK client?
This is where he bought. And every day, his land is appreciating because of what’s coming.With easier accessibility and less time spent in traffic, Abraham Adesanya will no longer be just a “place before Lekki,” but a vibrant real estate hub in its own right.
2. Ogombo – From Hidden Corner to Prime DestinationFor years, Ogombo has been seen as “just there”—a sleepy community behind Abraham Adesanya. But here’s the truth: Ogombo is about to wake up. It sits right beside the projected path of the coastal road, and because of that, land prices are already nudging upward.You know Lagos: once accessibility changes, value follows.
With the new road, the journey from Ogombo to VI could be slashed by almost 50%. What used to feel like the outskirts will suddenly become central. And when you add the beach views, developing estates, and pockets of untouched land, you get a location with serious potential.Developers are paying attention. Some are already acquiring large parcels in anticipation.
It’s only a matter of time before prices leap. If you’re looking for a place with future value but current affordability, Ogombo should be on your radar. It won’t remain a secret for much longer.3. Okun-Ajah – Coastal Royalty in WaitingLet’s move a bit further down. Okun-Ajah sits almost directly on the coast, slightly hidden but brimming with natural beauty. Unlike the commercial bustle of Ajah town, Okun-Ajah offers a calmer, more scenic environment.
But its biggest advantage? Location.The upcoming coastal road will run right by it—or very close—giving Okun-Ajah a front-row seat to the development party. Think about it: peaceful environment, ocean breeze, improved road access, and less congestion. Isn’t that the dream for many people looking to move away from the chaos of central Lagos?Right now, land in Okun-Ajah is still relatively cheap. But once the road work progresses visibly, expect prices to jump—and fast.
This is how value explodes: not with noise, but with infrastructure.This area reminds me of Ibeju-Lekki ten years ago. People laughed at it. Today? They wish they’d bought back then.4. Eleko – The Future is Already Under ConstructionIf you’ve followed Lagos real estate trends in the past 5 years, then you’ve heard of Eleko. Known for being the start of the Free Trade Zone corridor, Eleko is already in motion.
Between the Dangote Refinery, the Lekki Deep Sea Port, and the Free Trade Zone, this area is no longer up-and-coming—it’s already rising.But here’s the twist: the completed coastal road will make Eleko even more accessible from the Lagos mainland and Victoria Island. The long drive that scares many people off? Cut drastically. The industrial appeal? Doubled.This will drive a wave of migration, both residential and commercial.
People who work in Lekki or VI but can’t afford to live there may now consider Eleko, thanks to improved commute times. Businesses will also expand towards Eleko, hunting for cheaper land close to the road.I tell my clients all the time: don’t wait until Eleko becomes another Lekki Phase 1. If you missed that phase, here’s your second chance.5. Ibeju-Lekki – The Crown Jewel of the Coastal ExpansionLet’s end with the big one. Ibeju-Lekki. The area that people love to argue about. Some say it’s overhyped. Others say it’s the next big thing. But here’s what can’t be denied: infrastructure is the true measure of value in Lagos, and Ibeju-Lekki has it in spades.Even without the coastal road, Ibeju-Lekki is being transformed by the refinery, sea port, and industrial plans. But with the road in place?
The transformation becomes complete. Suddenly, Ibeju-Lekki is no longer “far.” Suddenly, your plot there becomes “strategic.” That’s the power of access.Imagine being able to live in Ibeju-Lekki and work in Victoria Island with less than 45 minutes of drive time. That’s no longer a dream; it’s a pending reality.Many estates in the area are now focusing on smart infrastructure, serviced plots, and eco-friendly designs.
Why? Because they know what’s coming.If you’ve been thinking about whether or not to invest in Ibeju-Lekki, this is your sign. The road is the missing piece—and it’s already on its way.Final ThoughtsSo yes, these 5 locations will explode in value when the coastal road is completed—but the explosion won’t be loud. It will be steady, quiet, and certain. It will reward those who moved early, and it will surprise those who waited too long. David didn’t wait. Today, his land has gone up by almost 35% in less than a year—and the road hasn’t even reached its halfway point.
That’s Lagos for you.As someone who has helped hundreds of Nigerians in the diaspora secure property in these parts of Lagos, I can tell you this: the smartest move you can make is to invest before the hype becomes reality.Don’t wait for headlines. Create your own.