Premium Karuizawa, Nagano

Karuizawa Forest Villa

Floor heating. Furniture included. 1.9km from Naka-Karuizawa Station.

North American style forest villa in Naka-Karuizawa — 1.5 hours from Tokyo by Shinkansen. Built 2003, 2-storey wood-frame construction with radiant underfloor heating throughout. Furniture included. The 698㎡ forested lot sits along the Karuizawa bypass in the Nagakura district, 1.9km from Naka-Karuizawa Station and 1.3km from Tsuruya supermarket. Karuizawa recorded $334 ADR and $40,644 median annual STR revenue (AirROI 2025–2026, 120 active listings). Often called Japan's Hamptons: +13.7% YoY price growth, confirmed EU/US buyer base, and the Anantara luxury hotel opening 2030 anchoring the long-term thesis.

¥100.0M ≈ $668,896 @¥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.

Land698.39㎡

Building151.66㎡ · 2F

Layout3BR · Loft

Year Built2003

Nearest Station1.9km · 4min drive

Tokyo Access100min via Karuizawa (Shinkansen)

Estimated ROI — based on area market averages

5.5–5.7%

Gross yield
(conservative–optimistic)

$40,644

Est. annual revenue
(124 days avg)

17.5–18.1

Years to full payback
(low–high investment)

Annual revenue ÷ total investment = 6% recovered per year

Total investment: ¥106.1M – ¥110.2M · 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 B

Cosmetic Only

Built July 2003. 2-storey North American style imported wood-frame house. Radiant underfloor heating throughout (床暖房). Fully furnished — furniture included in the sale price. 1F 103.69㎡ + 2F 47.97㎡ + approximately 26㎡ unregistered addition. Interior condition reflects 22 years of use; cosmetic refresh recommended before STR operation.

Renovation estimate: ¥1.0M – ¥3.0M

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

Floor Plan 10 rooms · 151.66㎡ · 2F

Bedroom 2 16㎡

Bedroom 3 14㎡

WC / Hall 6㎡

Loft 12㎡

LDK 42㎡

Master Bedroom 16㎡

Bathroom + WC 6㎡

Entrance / Hall 8㎡

Utility / Storage 8㎡

Terrace / Others 23㎡

STR Market — Naka-Karuizawa

$334

ADR · avg daily rate

34%

Occupancy · 124 days avg

$40,644

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

Requires verification before purchase

Nearby — Distances & Drive Times

⊙

Naka-Karuizawa Station (Shinano Railway)

1.9km · 4min
⊙

Karuizawa Station (Shinkansen)

6km · 10min
◻

Tsuruya Karuizawa (supermarket)

1.3km · 3min
♨

Hoshino Onsen Tonbo-no-yu

2km · 4min
⛷

Karuizawa Prince Ski Resort

8km · 14min

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 2003 — 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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