City Garden Setagaya Kinuta: A Prime Residential Land Opportunity in Tokyo
City Garden Setagaya Kinuta presents a rare opportunity to acquire a plot of land in the highly desirable Setagaya Ward of Tokyo. This is a land sale with a building condition, offering two plots (No.1 at 96.68 sqm and No.3 at 88.71 sqm) within a total development of three plots. The location is exceptionally convenient, situated just a 12-minute walk from the Odakyu Odawara Line's Soshigaya-Okura Station, providing excellent access to central Tokyo.
Critical agent notes and property features have been translated and are detailed here. The land is sold with a strict building condition: within three months of signing the land purchase contract, the buyer must conclude a building contract with Sumitomo Realty & Housing. If this deadline passes, the contract will be terminated and all monies paid (including deposit and earnest money) will be promptly refunded. The land is subject to various legal restrictions including the Landscape Act, Land Readjustment Project Control Area regulations, Height District, Quasi-Fire Prevention Zone, minimum lot area requirements, sunlight restrictions, Urban Green Space Law, and Greening Area regulations. It is important to note that the official advertisement for this property will be posted on the dedicated homepage in late January 2026 (planned). The advertised total of three plots includes one plot that is not for sale. As the subdivision of the land plots is not yet complete, there may be discrepancies in the stated land areas. All distance and walking time estimates are approximate, with walking time calculated at 1 minute per 80 meters, rounded up.
The property's infrastructure is ready for development, with connections to Tokyo Electric Power Company (TEPCO) for electricity, Tokyo Gas for gas, and the public water supply from the Tokyo Metropolitan Government. Notably, no development permit application is required for this land. The site is located within a Category I Medium-to-High-Rise Exclusive Residential Zone in an urbanization promotion area. The floor area ratio (FAR) is 160% for Plot No.1 and 200% for Plot No.3, with a building coverage ratio of 60%. The land development is scheduled for completion in late February 2026, with sales expected to begin around the same time.
The surrounding Setagaya area is one of Tokyo's most prestigious residential districts, known for its spacious properties, green streets, and high quality of life. An interesting local fact is that Setagaya is home to the historic Gotoh Museum, which houses a superb collection of Japanese and East Asian art, including national treasures. The area is also within comfortable reach of the vast and scenic Komazawa Olympic Park, a legacy of the 1964 Tokyo Olympics, offering extensive sports facilities, walking paths, and open green spaces for recreation.