Prime Residential Land in Central Motomachi, Izu Oshima with Mount Fuji Views
This offering consists of two parcels of residential land located in the heart of Motomachi, the central area of Izu Oshima Island. The plots, measuring approximately 825 tsubo and 335 tsubo respectively, are situated directly across the road from one another. Such a large, consolidated area of residential land is a rare find on Izu Oshima, where much of the land is agricultural. The location offers excellent access from the port, with Himurohama Beach just a five-minute walk away, and provides a vantage point for viewing Mount Fuji. Daily amenities, including shopping and dining areas, are within walking distance, making for a highly convenient living environment. The land is suitable for building a personal residence, as well as for development projects such as spec homes or apartment buildings. The seller, having purchased the land from an acquaintance with plans for a future vacation home, notes that a previous plan for a glamping business utilizing government subsidies was withdrawn. Being part of Tokyo, the area offers access to various subsidies and grants, making it suitable for accommodation or other business ventures. The land is currently vacant and cleared of roots and stumps, though some grass and weeds may have regrown. Utility connections for propane gas and water supply are available. The site is zoned as a Category 1 Residential Area with a building coverage ratio of 60% and a floor area ratio of 200%. It falls under a quasi-fire prevention district. The seller is open to discussing a subdivision of the property. Immediate handover is possible, and local construction companies can be introduced if needed.
