Karuizawa Oiwake - Amaike
For sale at: JPY 9,540,000
Aerial view by Google Earth
Crossing the prefectural road bridge at southwest of Shinano Railway’s Shinano Oiwake station from the north to the south side of the railway track, you will see a rural farm field landscape which should look different from other villa zones in Karuizawa town. Keeping driving south along the prefectural road will lead you to the border with Miyota Town. Driving further, you can go to Miyota station (next stop to Shinano Oiwake station on Shinano Railway train service) and Sakudaira (next stop to Karuizawa station on JR Hokuriku Shinkansen).
This area, with its farm fields and forests, is called Koshimaki by locals. Many farmers live in this area, but for recent years, new and pretty second houses and residences have been built and the atmosphere of the area has begun to change. You can see a modern cafe (Cafe Dilettant) near the border with Miyota, something which is an entertainment destination for locals and visitors. This area is expected to gain attention as a residential area as well as a villa area, thanks to close distance to Shinano Oiwake station (1,500m) and convenient access to this major prefectural road.
This property is a part of small villa and residential district, located a little off west from this prefectural road. It is also designated as Colony Formation Area by the Karuizawa town’s city planning. Thanks to this designation, compared to construction regulations in other villa zones in the town (Category-1 Low-rise Residential Zone and Undesignated Zone, where building coverage ratio (BCR) is regulated up to 20%, and floor area ratio (FAR) is regulated up to 20%), here BCR is allowed up to 50 %, and FAR is allowed up to 100%. It means that a relatively large building can be built even on relatively small land. Size of this land is 954 sqm, so, by simple calculation (without considering the road and the adjacent land border setback regulations), it means that a building with a construction area of 477 sqm and a total floor area size of 954 sqm (limited to 2 stories high) can be built. Commercial buildings such as lodge, hotel, shop, and restaurant are also allowed to be built here. It means, this property can be one of right purchase candidates for those who are looking for Karuizawa land for commercial purposes.
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