South Karuizawa Sakai Shinden
For sale at: JPY 41,800,000
Aerial view by Google Earth
You can see huge commercial area after you go out from the south gate of Karuizawa station of JR Hokuriku Shinkansen. There are a huge shopping outlets park (Karuizawa Prince Shopping Plaza), three Prince Hotels, and their managed park land. General perception of Karuizawa station south gate vicinity should be something like this, rather than residential or second house concentrated zones.
Sakai Shinden district is a traditional residential zone, which spreads toward southeastern bound from The Prince Karuizawa, the highest-class hotel among those three Prince Hotels in Karuizawa. “Den” included in the district name “Sakai Shinden” means a rice field, so, you can easily imagine that this area used to be an agricultural area mainly concentrated by rice fields. Currently, significant residential land development was conducted in this district, and Sakai Shinden attracts an attention as a residential and resort zone located near Karuizawa station.
This property is a flat and waterway-side land lot, north adjacent to luxury villa park of “City Index Karuizawa The Terrace (website is available in Japanese only).” Its neighborhood atmosphere is that of residential district dwelled by local people, but at the same time, it has bright resort atmosphere, thanks to open and clean landscape view of the luxury villa park and its large land size (roughly 18,664 sqft). On the other hand, from the construction regulation point of view, this land lot is located inside the Category-1 Low-Rise Residential Zone (where BCR/FAR is regulated to 20%/20% normally) but stands near the border to the Category-1 Residential Zone (where BCR/FAR is 60%/200%). Therefore, its BCR/FAR are deregulated to 30%/50% as a results of mitigation measure stipulated by Karuizawa town’s construction rule. Such specially deregulated zone is called a buffering zone. By simple calculations, you can estimate that you can build up to 867 sqm floor size house (50% of its land size) with its construction area size of 520 sqm (30% of its land size). Note that building size is also regulated by road and border setback regulations, so this calculation may be inaccurate as a base for your construction plan. Anyway, this deregulated BCR/FAR of this land lot must be significant advantage for those of you who want to build a large villa.
We welcome inquiries from potential buyers who want to build and own a large villa in vicinity of Shinkansen’s Karuizawa station.
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See also our other property listings.