North Karuizawa Prince Land Tori no Machi Detached Villa (Minpaku Allowed)
This detached villa is located in the sought-after North Karuizawa Prince Land "Tori no Machi" (Bird Town) villa area in Tsumagoi Village, Gunma Prefecture. Priced at 3.8 million yen, this property offers a fantastic opportunity for a mountain retreat or an investment in the growing minpaku (private lodging) market. The villa sits on a generous 386 sqm plot of land with a 45.33 sqm wooden, single-story structure built in April 1977 (Showa 52).
The property's layout is a 2LDK, featuring a living-dining-kitchen area flanked by two Japanese-style rooms of 4.5 tatami and 6 tatami mats. The southwest-facing living area benefits from excellent sunlight and, due to the elevated floor construction, good ventilation. The front of the property is flat with a parking space large enough for 2-3 vehicles, while the land behind the house features a natural terrain with volcanic rocks and a roughly 3-meter level difference.
Critical agent notes regarding the property's facilities have been translated: Equipment/Facilities: Water: Public water supply. Electricity: Tokyo Electric Power. Gas: Individual propane (currently cancelled). Sewage: Simple flush toilet system. Hot Water: Kerosene. Furthermore, a Special Note/Remark states: [Other Restrictions] Tsumagoi Village Landscape Ordinance. This ordinance may impose certain aesthetic or construction guidelines on the property.
While the building shows signs of wear consistent with its age, no major defects requiring immediate repair were noted, though the roof and exterior walls will need repainting. The villa is situated in a villa area where short-term rental operations are permitted, and the management company even offers a dedicated minpaku management center for owners. Annual holding costs include an estimated common area maintenance fee of 25,476 yen, a building common maintenance fee of 22,000 yen (or an optional building management fee of 55,000 yen), and fixed asset tax of approximately 23,000 yen.
The North Karuizawa area, at an elevation of 1,000-1,200 meters, provides a cool summer escape from the city's heat. Tsumagoi Village is famous for its highland vegetables, and in summer, nearby farmers sell fresh produce at direct sales markets. A major landmark and tourist attraction in the region is the majestic Mount Asama, an active volcano that dominates the skyline and offers hiking and stunning views, located just a short distance from the property.
