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Kamiichi Heritage Minka

Shrine-carpenter timber. One hour from Hakuba.

Rare shrine-carpenter built minka — 1hr from Hakuba ski resort, gateway to Tateyama sacred peaks. 220㎡ floor plan across 529㎡ land. Hakuba market recorded $456 ADR and $47,873 average annual revenue in 2025, the highest of all Japan ski regions (AirROI data, 539 active listings). Traditional construction demands skilled renovation but delivers a product the mass market cannot replicate.

¥1,236万 ≈ $78,225 @¥158/USD · 2025-10
⚠

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.

Land529㎡
Building220㎡ · 2F
Layout4BR · 2-storey traditional · Japanese garden
Year BuiltUnknown
Nearest Station1.4km · 4min drive
Tokyo Access260min via Toyama (Shinkansen)
Estimated ROI — based on area market averages
20.9–32.5%
Gross yield
(conservative–optimistic)
$47,873
Est. annual revenue
(130 days avg)
3.1–4.8
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 21% recovered per year
21%
Total investment: ¥2,326万 – ¥3,626万  ·  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 C
Renovation Required

Traditional shrine-carpenter minka with sound structural timber frame. Major renovation required: insulation, kitchen, bathrooms, electrical rewiring, and plumbing modernisation. 220㎡ of floor space represents significant transformation potential. Structural inspection not yet conducted.

Renovation estimate: ¥800万 – ¥2,000万

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 9 rooms · 220㎡ total · 2F
2F · 108㎡ Bedroom 2 30㎡ Bedroom 3 28㎡ Bedroom 4 26㎡ Storage / Hall 24㎡ 1F · 112㎡ Main Hall (座敷) 40㎡ Living / Kitchen 30㎡ Japanese Bedroo… 18㎡ Bathroom + Toil… 10㎡ Entrance (土間) 14㎡
Living / LDK
Bedroom
Bathroom
Entrance
Storage / Hall
RoomSizeFloor
Main Hall (座敷) 40㎡ 1F
Living / Kitchen 30㎡ 1F
Japanese Bedroom (和室) 18㎡ 1F
Bathroom + Toilet 10㎡ 1F
Entrance (土間) 14㎡ 1F
Bedroom 2 30㎡ 2F
Bedroom 3 28㎡ 2F
Bedroom 4 26㎡ 2F
Storage / Hall 24㎡ 2F
STR Market — Hakuba Area
$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

High-value renovation opportunity

Nearby — Distances & Drive Times
  • ⛷
    Hakuba Village Ski Resort
    35km · 55min
  • ▲
    Tateyama Alpine Route
    10.5km · 22min
  • ♨
    Kurobe Gorge Onsen (Unazuki)
    14km · 28min
  • ⊙
    Kamiichi Station
    1.4km · 4min
  • ◻
    Convenience Store
    0.8km · 2min
  • ✚
    Kamiichi Town Hospital
    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: Year unknown. Seismic standard unconfirmed.
  • i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).
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