Land with Existing Structure in Karuizawa's Miyota Area
This property is a land parcel with an existing structure located in the Miyota area of Karuizawa, Nagano Prefecture. The land offers expansive views of the Yatsugatake mountain range to the south, creating a picturesque and serene setting. The property was previously used as a lodging facility, presenting an opportunity for renovation or redevelopment.
Critical agent notes provide essential details. The equipment/facilities include a power contract with Chubu Electric Power Co. Special notes clarify that the land sale is based on registered (公簿) area, and there will be no price adjustment for any increase or decrease in the actual measured area. The existing structure on the premises has a total floor area of 655.06 sqm (198.15 tsubo), was built in July 1989, and is a three-story wooden structure with a slate roof.
The land itself is 930.93 sqm (281.60 tsubo) and is zoned as residential land and forest. It has road frontage to the north and east. Important additional notes indicate that for the use of drainage facilities (rainwater drainage pipes) on the eastern front road, payment of a road occupancy fee and a Yutama water usage fee to the obligor is required. The property can be purchased together with the adjacent Plot 2 (976.54 sqm for 38.4 million yen) for a combined total of 1,907.47 sqm for 75 million yen. It is also noted that part of the land falls within a sediment disaster warning area (yellow zone).
The area surrounding Miyota is part of the greater Karuizawa highlands, known for its cool summers and vibrant autumn colors. An interesting local fact is that the nearby Shinkansen station, Karuizawa Station, was one of the first stations built on the Hokuriku Shinkansen line, connecting the area directly to Tokyo. The closest major landmark is the majestic Mount Asama, an active volcano and one of Japan's most famous peaks, which dominates the skyline and offers hiking and scenic vistas.