Higashi-Izu Okawa Log House — Private Hot Spring, 2000-Built, ¥9.8M
2000-built 2LDK log house in Higashi-Izu's Okawa hot spring district. Rare private hot spring access (¥6,380/mo). Corner lot with wood deck, 2 toilets, south-facing garden. Izu Peninsula market: $232 ADR, $30K median annual revenue. Rain leak repair required — priced accordingly. Ocean within 2km.
2000-built 2LDK log house in Higashi-Izu's Okawa hot spring district. Rare private hot spring access (¥6,380/mo). Corner lot with wood deck, 2 toilets, south-facing garden. Izu Peninsula market: $232 ADR, $30K median annual revenue. Rain leak repair required — priced accordingly. Ocean within 2km.
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)
(127 days avg)
(low–high investment)
Built August 2000 (post-2000 seismic standard — Housing Quality Assurance Act). Wooden 2-story log house construction. MATERIAL DISCLOSURE: Property has confirmed rain leaks (雨漏れ) and age-related deterioration (経年劣化) per seller disclosure — structural roof repair and water damage remediation required before STR use. 宅地造成工事規制区域 (land development regulation zone) — slope stability measures apply; 30% of 346㎡ lot is sloped. Private water supply (私設水道) — not connected to public mains; buyer assumes water system maintenance. Individual septic tank (個別浄化槽) — regular pumping costs ¥30-50K/yr. Individual LPG gas. No zoning designation (用途地域無指定) — confirm minpaku registration with Higashi-Izu Town office before purchase. Annual fixed costs: ¥76,560 hot spring usage fee (¥6,380/month) + ¥67,980 building levy = ¥144,540/yr. Road access: SE 4.8m public road (接道幅21.8m) + SW 3.8m public road (接道幅23.7m) — true corner lot. No private road burden. Parking: carspace on site. Features: corner lot, south-facing LDK, system kitchen, 2 toilets, wood deck (ウッドデッキ), garden, flat ground. Zoning BCR 30%/FAR 60% (expansion restricted). 伊豆大川 is an established hot spring community — private source-fed baths are a premium STR differentiator in this market.
Renovation estimate: ¥3.0M – ¥5.0M
Source: https://www.airroi.com/airbnb-data/japan/shizuoka-prefecture/izu · 40 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- · 4km · 7minAtagawa Tropical & Alligator Garden
- · 10km · 15minKawazu Zakura Cherry Blossoms (Feb-Mar)
- · 8km · 12minImaihama Beach
- ♨ 20km · 30minIto City Onsen Resort
- · 35km · 50minShimoda — Black Ship History & Beaches
- 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 2000 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).