Hakone 5LDK+S As-Is: 134.72 sqm House, ¥15,000,000
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Hakone 5LDK+S As-Is: 134.72 sqm House, ¥15,000,000

A 134.72 sqm, 5LDK+S house in Hakone at ¥15,000,000 (approx. $91,575), sold as-is and waiting for the right renovation budget.

This is a 134.72 sqm house on 180.21 sqm of land in Hakone, Kanagawa, offered as-is at ¥15,000,000 (approximately $91,575). The 5LDK+S layout gives five rooms plus a living-dining-kitchen and a service room — substantial floor area for a resort market where most short-term rental inventory is compact. Access, as stated on the source listing: Hakone Tozan Line — Gora Station, 20 min bus + 5 min walk (箱根登山鉄道「強羅」バス20分仙石原歩5分). On the market side, AirROI 2025–2026 data across 323 Hakone listings shows an area average daily rate of $291, 46.0% occupancy, and $45,698 in annual revenue. Those are area-level benchmarks for Hakone, not the income of this house. The property is not renovated and not move-in ready; partial renovation is required and is the buyer's responsibility to scope, budget, and schedule.

$91,575 ≈ ¥15.0M @¥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.

Land180.21㎡
Building134.72㎡ · F
Layout5LDK+S
Year Built1981
Nearest StationHakone Tozan Line — Gora Station, 20 min bus + 5 min walk
Tokyo Access — Hakone area, approx.100min via Shinjuku
Estimated ROI — based on area market averages
36.443.9%
Gross yield
(conservative–optimistic)
$45,698
Est. annual revenue
(168 days avg)
2.32.7
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 36% recovered per year
36%
Total investment: ¥17.1M – ¥20.6M  ·  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 1981 and classified as post-1981 seismic standard, the building carries a condition grade of C and is sold as-is. Partial renovation is required before any short-term rental use, and the scope and cost of that work must be confirmed by the buyer through their own inspection.

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 1981 — 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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Hakone 5LDK+S As-Is: 134.72 sqm House, ¥15,000,000 — $91,575 Enquire Now