Hakuba Kamishiro Modern Chalet
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Hakuba Kamishiro Modern Chalet

Post-2000 Ichijo build. Corner lot. Floor heat. 14 min walk to Iimori Station.

Post-millennium Ichijo Komuten chalet in Kamishiro — the southern gateway to Hakuba Valley, 7 minutes' drive from Goryu ski resort base. Built 2001 on a 508㎡ corner lot with dual road frontage (10m south, 6m west); geotechnical survey on file and post-2000 seismic compliance mean no structural surprises. Underfloor heating throughout, shutter garage, and double-glazed windows reduce friction for international buyers. Cosmetic refresh only before STR operation. Hakuba recorded the highest STR metrics of any Japan ski region: $456 ADR and $47,873 median annual revenue (AirROI 2025–2026, 539 active listings). Foreign buyer share exceeded 90% in 2024–25.

¥78.0M ≈ $521,739 @¥149.5/USD · 2026-05
⚠

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.

Land508.27㎡
Building112.61㎡ · 2F
Layout3BR · Floor Heating
Year Built2001
Nearest Station1.1km · 4min drive
Tokyo Access190min via Nagano (Shinkansen)
Estimated ROI — based on area market averages
8.2–8.5%
Gross yield
(conservative–optimistic)
$47,873
Est. annual revenue
(130 days avg)
11.7–12.2
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 8% recovered per year
8%
Total investment: ¥83.8M – ¥87.2M  ·  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 B
Cosmetic Only

Built 2001 by Ichijo Komuten (Japan's highest-rated housebuilder). Structural frame, post-2000 seismic compliance, and double-glazed windows confirmed in excellent condition. Geotechnical survey on file. Underfloor heating throughout (床暖房). Shutter garage for 3+ vehicles. Cosmetic refresh of kitchen and bathrooms recommended before STR operation.

Renovation estimate: ¥500,000 – ¥2.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 9 rooms · 112.61㎡ · 2F
2F
Bedroom 2 14㎡
Bedroom 3 13㎡
WC + Hall 8㎡
Closet / Storage 5㎡
1F
LDK 43㎡
Bedroom 1 10㎡
Bathroom + WC 8㎡
Entrance / Hall 6㎡
Storage / Utility 5㎡
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
  • ⊙
    Iimori Station (JR Oito Line)
    1.1km · 4min
  • ⛷
    Hakuba Goryu Ski Resort
    3.5km · 7min
  • ⛷
    Happo-one Ski Resort
    8km · 14min
  • ◻
    Convenience Store (Lawson Hakuba)
    2km · 5min
  • ♨
    Hakuba Happo Onsen
    8.5km · 15min
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 2001 — 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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