Premium Hakuba, Nagano

4LDK+S House Near Hakuba Station — Ski Resort STR Project

Secure a 268sqm freehold in the Hakuba Ski Resort area for ¥19,490,000 ($130,368).

Set in Nagano's Hakuba Ski Resort area, this 1995-built 4LDK+S house offers 117.56sqm of building space on a generous 268.78sqm lot near Hakuba Station. Sold as-is, it is a value-add project for investors targeting the short-term-rental market: partial renovation is required, and the buyer should budget for that work before listing. The location pairs alpine demand with practical access—roughly 180 minutes from the Nagano Shinkansen terminal. Across the Hakuba area, AirROI 2025–2026 data shows 539 active listings averaging a $456 ADR, 35.4% occupancy, and $47,873 in annual revenue—useful area-level benchmarks for modeling potential, not a guarantee of this home's income. A grounded entry point into one of Japan's marquee ski destinations.

$130,368 ≈ ¥19.5M @¥149.5/USD · 2026-06

⚠

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.

Land268.78㎡

Building117.56㎡ · F

Layout4LDK+S

Year Built1995

Nearest Station1.6km · 4min drive

Tokyo Access180min via Nagano (Shinkansen)

Estimated ROI — based on area market averages

28.4–33.0%

Gross yield
(conservative–optimistic)

$47,873

Est. annual revenue
(130 days avg)

3.0–3.5

Years to full payback
(low–high investment)

Annual revenue ÷ total investment = 28% recovered per year

28%

Total investment: ¥21.7M – ¥25.2M · purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (539 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade C

Renovation Required

Built in 1995, the house meets the post-1981 seismic standard and carries a condition grade of C. It is sold as-is and needs partial renovation, so budget for repairs and updates before guest-ready operation.

Renovation estimate: ¥1.0M – ¥4.0M

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

Floor Plan 0 rooms · 117.56㎡ · F

STR Market — Hakuba Ski Resort

$456

ADR · avg daily rate

35.4%

Occupancy · 130 days avg

$47,873

Est. annual revenue

Seasonal Demand

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Source: AirROI 2025–2026 · 539 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Nearby — Distances & Drive Times

⊙

Hakuba Station (JR Oito Line)

1.6km · 4min
⛷

Happo-One Ski Resort

4.5km · 9min
⛷

Hakuba 47 Winter Sports Park

7km · 13min
⛷

Hakuba Goryu Ski Resort

5.5km · 10min
◻

Echoland (shops & restaurants)

2km · 4min

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 1995 — post-1981 new seismic standard (新耐震)
i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).

Enquire About This Property → Free 30-minute consultation · No commitment