4LDK Chalet Near Hakuba Ski Resort — Nagano STR Investment
Secure a 384.59 sqm 4LDK home in the heart of Hakuba ski country for ¥18,490,000 (approx. $123,679).
Set in Nagano's renowned Hakuba Ski Resort, this 4LDK detached house offers 138.5 sqm of living space on a generous 384.59 sqm lot, built in 2004 and just minutes from Hakuba Station. Sold strictly as-is, it needs light cosmetic renovation, so factor that work into your budget before opening doors to guests. Hakuba is reachable from Tokyo via the Nagano Shinkansen in roughly 180 minutes, putting it within easy reach of domestic and international skiers chasing legendary powder. Across the area's 539 short-term rental listings, AirROI 2025–2026 reports an average daily rate of $456, 35.4% occupancy, and $47,873 in average annual revenue. Those are area-wide figures, not this home's actual income, but they illustrate the resort's proven rental demand for a well-positioned four-bedroom property.
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.
(conservative–optimistic)
(130 days avg)
(low–high investment)
Built in 2004, the house meets post-1981 seismic standards and carries a condition grade of B. It is sold as-is and requires light cosmetic renovation, which the buyer must budget for separately.
Renovation estimate: ¥500,000 – ¥2.0M
Source: AirROI 2025–2026 · 539 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- ⊙ 1.6km · 4minHakuba Station (JR Oito Line)
- ⛷ 4.5km · 9minHappo-One Ski Resort
- ⛷ 7km · 13minHakuba 47 Winter Sports Park
- ⛷ 5.5km · 10minHakuba Goryu Ski Resort
- ◻ 2km · 4minEcholand (shops & restaurants)
- Minpaku (STR) permit — Requires pre-purchase verification with municipal office
- Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
- Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
- 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 2004 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).