Fujikawaguchiko 2LDK Fixer-Upper — 396m² Land Near Mt. Fuji
Secure a 396m² Fujikawaguchiko property for just ¥5,000,000 (≈$33,445) and renovate it your way.
This 1979-built 2LDK sits in Fujikawaguchiko, Yamanashi, on a generous 396m² lot with 55.48m² of building floor area. Sold strictly as-is, it is a blank canvas awaiting a full gut renovation — the buyer must budget for the complete scope of work. The location is the draw: Kawaguchiko Station is the nearest rail hub, and Tokyo's Shinjuku terminal is roughly 150 minutes away, placing it within reach of one of Japan's most popular Mt. Fuji gateways. For short-term-rental investors, the surrounding Fujikawaguchiko area shows strong fundamentals: across 471 area listings, the average daily rate is $241 with 49.8% occupancy. These are area-level averages, not this home's income, but they signal a market worth studying before you commit.
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)
(182 days avg)
(low–high investment)
Built in 1979 to the pre-1981 seismic standard, the building carries a condition grade of D and requires a full gut renovation. Buyers should commission a structural inspection and budget for seismic reinforcement as part of the work.
Renovation estimate: ¥5.0M – ¥15.0M
Source: AirROI 2025–2026 · 471 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- ≈ 5.2km · 10minLake Motosu (Fuji Five Lakes)
- ▲ 19km · 35minMt. Fuji 5th Station (Fujinomiya route)
- ▲ 8km · 15minAsagiri Kogen Milk Land (farm)
- ⊙ 17.6km · 30minKawaguchiko Station (Fujikyu Line)
- ◻ 6km · 12minConvenience 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 1979 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).