North Karuizawa Prince Land Flower Street: A Vacation Home with Minpaku Potential
This charming property is located in the sought-after Prince Land Flower Street area of North Karuizawa, Gunma Prefecture. The compact, single-story wooden house, built in November 1973 (Showa 48), offers a 1LDK layout with a total floor area of 42.23 square meters on a generous 332 square meter plot of land. A key feature is the wood-burning stove in the living room, perfect for creating a cozy atmosphere. The property is approved for minpaku (private lodging) operations, providing an opportunity for rental income. The roof was re-shingled in 2019 (Reiwa 1).
According to the agent's notes, the property's equipment and facilities are as follows: Water is supplied by the public waterworks, electricity by Tokyo Electric Power, gas is via an individual propane system (currently cancelled), and wastewater is handled by an individual septic tank. A special note indicates the property is subject to the Tsumagoi Village Landscape Law.
The flat site currently has no dedicated parking space, but the agent notes that one could easily be created with minor excavation. The bathroom, which includes a toilet, is currently being used as a storage room and would require some refurbishment. It is also important to note that there is currently no water heater installed in the property; installation would be recommended during bathroom renovations. Annual maintenance costs include an estimated common area maintenance fee of 21,912 yen, an optional building common maintenance fee of 22,000 yen or a building management fee of 55,000 yen, and septic tank management starting from approximately 19,115 yen.
The Prince Land villa area sits at an altitude of approximately 1,000 to 1,200 meters, ensuring cool and comfortable summers—a welcome escape from urban heat. The local area, Tsumagoi Village, is famous for its highland vegetables. In summer, nearby farmers sell fresh produce and fruits at direct sales markets. A major landmark and premier tourist attraction in the region is the active volcano, Mount Asama, which dominates the skyline and offers stunning views and hiking opportunities.
