Prime Redevelopment Opportunity Near JR Karuizawa Station

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Overview

Situated in a highly sought-after area of Karuizawa, this property offers a rare opportunity to acquire a well-located parcel within walking distance of the station. With convenient access, generous frontage, and flexible zoning, the site is well suited for redevelopment or repositioning.

Key Highlights

• Prime location: approx. 10-minute walk to Karuizawa Station
• Land size – 256.89 m² (approx. 77.7 tsubo)
• South-facing road frontage – good light exposure
• Type 1 Residential Zone – suitable for residential or hospitality use (subject to approvals)
• Redevelopment potential – ideal for a private villa, staff accommodation, or boutique lodging

Property Details

• Price: ¥124,000,000
• Access: Approx. 800m to Karuizawa Station (10 min walk)
• Land Area: 256.89 m²
• Zoning: Type 1 Residential
• BCR / FAR: 60% / 200%
• Utilities: Public water and sewer

Building (For Reference)

There is an existing structure on the property (built in 1986), previously used as dormitory housing.
The building is in a dilapidated condition and is not considered suitable for continued use.

Important Notes

• Property is best suited for redevelopment
• Setback requirements apply on south and east sides
• Partial designation under planned road expansion
• Located within a river-related zone (confirmation required)
• Buyers are advised to conduct due diligence regarding building regulations and redevelopment feasibility

Solid Real Estate

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