Renovated Mountain Retreat with Private Stream in Hannō, Saitama
This property, located in Nagasawa, Hannō City, Saitama Prefecture, was purchased several years ago with the intention of using it as a vacation home, and has since undergone extensive renovations. The original structure, built with care by the previous owner, was found to be solid, but the building had deteriorated with age, prompting a large-scale renovation.
The renovation history includes a complete repainting of the exterior walls and a full re-roofing, both using high-durability materials. The water heater was replaced, the vanity unit was exchanged, and the kitchen sink area was repaired. All rooms except the living room had their wallpaper replaced. Underfloor insect-proofing treatment was carried out, along with partial ceiling work and floor joist reinforcement. The first-floor living room floor received a complete new hardwood flooring installation, and the entrance door frame was replaced. The sunroom and all rooms had their insect screens replaced, and all air conditioning units throughout the house were replaced or newly installed. Notably, the first-floor living room features local Hannō cedar paneling on the walls.
The property is situated in a naturally rich and scenic location. A small stream runs below the property, and steps have been built to allow direct access from the house to this stream, effectively creating a private stream for the resident. The previous owner reportedly had a strong attachment to the stream and even installed stones to shape its flow. The parking area is spacious, comfortably accommodating two vehicles, and offers potential for various creative uses, particularly for those who enjoy DIY projects.
The property is located a 20-minute walk from Agano Station on the Seibu Ikebukuro Line. The front road is also part of a hiking trail leading to the popular Kaiburi Pass, named after a legend involving Minamoto no Yoshitsune. The property is suitable for use as a rental investment property, with a historical yield of approximately 8.97%. Please note that the price has been reduced from January 2026, and no further price negotiations are possible due to the significant investment in renovations and the substantial price reduction.