Prime Vacant Land in the Prestigious Marubeni South Karuizawa Villa Area
This exceptional property presents a rare opportunity to acquire a substantial plot of land within the highly sought-after Marubeni South Karuizawa villa district. Spanning approximately 992.00 square meters (300.08 tsubo), this expansive lot offers a serene, wooded setting with the potential for breathtaking views of the Karuizawa mountain range, including Mount Asama, from between the trees on the site. The property is situated conveniently within the South Karuizawa area, approximately a 16-minute drive (about 9.5 km) from the Karuizawa Interchange on the Joshinetsu Expressway, and about a 12-minute drive (about 7.8 km) from the Hokuriku Shinkansen's Karuizawa Station.
Critical agent notes provide essential details for prospective buyers. The property's utilities are supplied by Chubu Electric Power Co. for electricity. A crucial note regarding the land transaction states: "This land is bought and sold based on the registered (public ledger) area. Even if the actual measured area increases or decreases, there will be no settlement (price adjustment)." Furthermore, detailed notes on associated costs are provided. Upon land acquisition, a one-time repair reserve fund of 400,000 yen (tax-exempt) and a one-time water facility membership burden fee of 100,000 yen (tax-exempt) are required. Importantly, when constructing a building, there will be a construction burden fee. The amount of this fee varies depending on the building's floor area (e.g., 400,000 yen for less than 100 m2).
The land is designated as Category I Low-Rise Exclusive Residential Zone, with a building-to-land ratio of 20% and a floor area ratio of 20%. Height restrictions limit construction to two stories or 10 meters, with required setbacks from road and neighboring boundaries. The site is currently vacant land (更地), ready for immediate handover. Running costs for villa use include an annual land management fee of 28,000 yen (non-taxable), which translates to a monthly equivalent of approximately 2,334 yen. Estimated annual property taxes are approximately 125,600 yen for fixed asset tax and 13,600 yen for city planning tax.
The surrounding Karuizawa area is one of Japan's most famous and historic highland resorts, renowned for its cool summers, beautiful natural scenery, and sophisticated atmosphere. An interesting fact is that Karuizawa served as the summer retreat for the Imperial Family in the early 20th century, cementing its status as an elite getaway. The property is within easy reach of numerous major tourist attractions, including the iconic active volcano, Mount Asama, and the serene beauty of the Karuizawa Shiraito Falls.
