Premium Hakone, Kanagawa

Hakone 5DK, 97.7 sqm — ¥16M As-Is Renovation Project

A 97.7 sqm 5DK house in Hakone at ¥16,000,000 (approx. $97,680), sold as-is with partial renovation required.

Hakone is one of Japan's best-known hot-spring destinations, and this 1991-built 5DK sits inside that market. The house offers 97.7 sqm of floor area on 81.6 sqm of land — five rooms plus a dining-kitchen, enough to configure a family-sized short-term rental. Hakone-Yumoto Station serves as the area's gateway, and Shinjuku is roughly 100 minutes away, placing the property within reach of Tokyo's inbound traffic. Across 323 tracked listings in the Hakone area, the average daily rate is $291 at 46% occupancy, for area-average annual revenue of about $45,698 (AirROI 2025–2026). Those are area-level averages, not this property's actual or projected income. The house is sold as-is and requires partial renovation, which the buyer must budget for separately.

$97,680 ≈ ¥16.0M @¥163.8/USD · as of 2026-07-24

⚠

Minpaku (short-term rental) status not confirmed. Verify with the municipal office and your agent before completing purchase. STR operation may be restricted to 180 days/yr or prohibited.

Land81.6㎡

Building97.7㎡ · F

Layout5DK

Year Built1991

Nearest StationHakone Tozan Line — Hakone-Yumoto Station, 20 min walk

Tokyo Access — Hakone area, approx.100min via Shinjuku

Estimated ROI — based on area market averages

34.7–41.4%

Gross yield
(conservative–optimistic)

$45,698

Est. annual revenue
(168 days avg)

2.4–2.9

Years to full payback
(low–high investment)

Annual revenue ÷ total investment = 35% recovered per year

35%

Total investment: ¥18.1M – ¥21.6M · purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (323 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade C

Renovation Required

Built in 1991, the building falls under Japan's post-1981 seismic standard, which lenders and insurers generally treat more favorably than pre-1981 construction. Condition is graded C and the property is sold as-is, with partial renovation required before it can be operated. A professional inspection is recommended before purchase.

Renovation estimate: ¥1.0M – ¥4.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.

STR Market — Hakone

$291

ADR · avg daily rate

46%

Occupancy · 168 days avg

$45,698

Est. annual revenue

Seasonal Demand

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Source: AirROI 2025–2026 · 323 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Approximate location. The pin marks the centre of Hakone, Kanagawa (神奈川県足柄下郡箱根町) — the municipality stated on the source listing. The street address is not published; we disclose it by email once you enquire.

Nearby — Distances & Drive Times

▲

Sengokuhara Pampas Grass Meadow

0.8km · 2min
▲

Pola Museum of Art

2km · 4min
▲

Hakone Glass Forest Museum

1.5km · 3min
♨

Hakone-Yumoto Onsen (hot spring resort)

14km · 25min
◻

Convenience Store

1.5km · 3min

Investor Due Diligence Checklist

⚠ Minpaku (STR) permit — Requires pre-purchase verification with municipal office
⚠ Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
i Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
i Utilities: Verify water supply (public / well), sewage (公共下水 vs. 浄化槽), gas (city gas / propane — propane is 2–3× higher cost).
✓ Earthquake resistance: Built 1991 — post-1981 new seismic standard (新耐震)
i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).

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