City Garden Seijo 5-chome: A Prime Building Plot in a Prestigious Tokyo Neighborhood
This listing presents two premium building plots within the City Garden Seijo 5-chome development, located in the highly desirable Seijo area of Setagaya Ward, Tokyo. The plots, numbered No.1 and No.2, are each priced at 500 million yen and offer generous land sizes of 291.38 square meters and 291.39 square meters respectively. The property is situated just a 5-minute walk from Seijogakuen-mae Station on the Odakyu Odawara Line, providing excellent access to central Tokyo.
According to the agent's notes, this is a building-conditioned land sale. The critical condition is that within three months of signing the land purchase contract, a building contract must be concluded with Sumitomo Realty & Housing. If this deadline is not met, the contract will be terminated and all monies paid (including application deposits and earnest money) will be promptly refunded. The land does not require a development permit application. The property is subject to numerous legal restrictions based on the Landscape Law, Land Readjustment Project Control Area, Height District, maximum height limits, minimum lot area requirements, sunlight obstruction regulations, a building agreement (the Ward Residents' Town Development Agreement, known as the Seijo Charter), greening area regulations, the Urban Green Space Law, and the Seijo Area District Town Development Ordinance. The distance indications provided are approximate map distances from the shortest and longest points of the entire site for the relevant sales phase. Walking time is calculated at 1 minute per 80 meters, with fractions rounded up.
The plots are characterized as low-rise residential land on a regular-shaped lot with a front road over 6 meters wide. The area is zoned as Category I Exclusive Low-Rise Residential Zone within the urbanization promotion area. Utilities are readily available, including power from TEPCO Energy Partner, gas from Tokyo Gas, and public water supply from the Tokyo Metropolitan Government.