Land in Kyu-Karuizawa Near the Former Mikasa Hotel
This is a parcel of land located in the Karaho area of Kyu-Karuizawa, often described as the inner sanctum of this prestigious resort town. The property is situated near the Important Cultural Property, the Former Mikasa Hotel, which is approximately 500 meters away. The land is characterized by its dense, verdant forest, typical of Kyu-Karuizawa, offering a cool and private environment, especially during the summer months. The site has road frontage on two sides, with a relatively wide road providing secure vehicle access.
The land area is 2,082 square meters. There is a private road contribution area of 33.00 square meters and a required setback area of 1.30 square meters. The property is located in a Category 1 Low-Rise Exclusive Residential Zone with a building coverage ratio of 20% and a floor area ratio of 20%. The land is currently vacant and classified as forest land.
Utilities include electricity from Chubu Electric Power, individual propane gas, and public water supply. Sewage and wastewater treatment will require a septic tank system. The property is sloped terrain with some flat areas.
There are several important notes regarding this property. It is located within a management company's managed area, but currently no management fees are payable. However, fees will be required if the northeast road is used. The northeast road is a Section 2 road, and there is a possibility that a survey may require the land to be set back or structures removed. The stated setback area is a reference area and may differ from the actual area. In addition to the listed land area, the property includes a 1/37th share of 217 square meters of land (purpose unknown). A water receiving tank will need to be installed during construction. A portion of the southwestern part of the site is subject to a lease agreement with a third party. The lease was signed on October 25, 2007, for a period of 10 years, with automatic renewal for further 10-year periods if neither party objects. The purpose of the lease is for a water pipe and water receiving tank site, covering an area of 12.72 square meters, with a monthly rental fee of 60,000 yen. The reference fixed asset tax for fiscal year 2024 is 174,826 yen per year.
