Karuizawa Chigataki Estate
Full renovation completed Nov 2025. Cherry blossom garden. Seller-direct.
Fully renovated estate in Karuizawa's Chigataki Nishiku villa zone — Hoshino Resorts' Harunire Terrace 6 minutes away, Nakakuruizawa shopping 7 minutes. November 2025 renovation covered every surface: all rooms, exterior cladding, roof, deck, and underfloor heating. A large old cherry tree anchors the 1,125㎡ lot. Sold direct by Misawa Homes Koshin — no agent commission. 3LDK + study loft with vaulted ceiling LDK (30㎡). Karuizawa recorded $399 ADR and $43,644 median annual STR revenue (AirROI 2026, 120 active listings, 37.6% occupancy) — the only Japan resort market combining sub-2hr Shinkansen access from Tokyo with premium nature and four-season demand.
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)
(137 days avg)
(low–high investment)
Post-1981 new seismic standard (1987 build). Full renovation completed November 2025 by seller (Misawa Homes Koshin): all rooms, exterior cladding, roof, and deck replaced. Underfloor heating installed. Large bathroom (1 tsubo+). Old cherry tree on lot. Immediate STR-ready condition — only furnishing and guest amenity setup required.
Renovation estimate: ¥2.0M – ¥5.0M
Source: AirROI 2025–2026 · 120 active listings analysed
⚠ Minpaku Status: Requires Verification
Unconfirmed. Karuizawa-machi requires minpaku notification and environmental regulation compliance. Chigataki Nishiku villa estate HOA rules on short-term rental must be verified. Operating under 旅館業法 簡易宿所 exempts from some restrictions — confirm applicable pathway with seller.
- · 3km · 6minHoshino Resorts Harunire Terrace
- ▲ 3.5km · 8minKaruizawa Kogen Church
- ▲ 2.8km · 7minNakakuruizawa Shotengai (shopping street)
- ⛷ 9km · 18minKaruizawa Snow Fun Ski Resort
- ♨ 1.5km · 4minChigataki Onsen Bath
- ◻ 2km · 5minConvenience Store
- 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 1987 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).