Karuizawa Chigataki Estate
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Premium Karuizawa (Chigataki Nishiku Villa Zone), Nagano

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.

¥118.0M ≈ $789,298 @¥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.

Land1125㎡
Building101.68㎡ · 2F
Layout3LDK+S · 2025 Full Renovation
Year Built1987
Nearest Station2.8km · 8min drive
Tokyo Access80min via Tokyo Station
Estimated ROI — based on area market averages
5.35.4%
Gross yield
(conservative–optimistic)
$43,644
Est. annual revenue
(137 days avg)
18.418.9
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 5% recovered per year
5%
Total investment: ¥120.0M – ¥123.0M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (120 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade A
Move-in Ready

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

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 10 rooms · 101.68㎡ · 2F
2F
Bedroom 2 11㎡
Bedroom 3 10㎡
Study / Loft (S) 12㎡
Hall + WC 4㎡
1F
LDK (vaulted ceiling) 30㎡
Bedroom 1 12㎡
Bathroom (1 tsubo+) 7㎡
WC + Hall 4㎡
Entrance 6㎡
Deck (old cherry tree) 16㎡
STR Market — Karuizawa
$399
ADR · avg daily rate
37.6%
Occupancy · 137 days avg
$43,644
Est. annual revenue
Seasonal Demand
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

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.

Nearby — Distances & Drive Times
  • ·
    Hoshino Resorts Harunire Terrace
    3km · 6min
  • Karuizawa Kogen Church
    3.5km · 8min
  • Nakakuruizawa Shotengai (shopping street)
    2.8km · 7min
  • Karuizawa Snow Fun Ski Resort
    9km · 18min
  • Chigataki Onsen Bath
    1.5km · 4min
  • Convenience Store
    2km · 5min
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 1987 — 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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