Located in Yugawara, one of Kanagawa Prefecture’s most established hot spring resort destinations, this property presents a rare opportunity to acquire a large-scale development site with an approximate total land area of 22,822.63㎡ (about 6,903 tsubo) (※ 1). Offering open views toward Sagami Bay and surrounded by a rich natural forest environment, the site combines scale advantages, a high degree of privacy, and flexibility for phased or master-planned development, supporting the creation of mid- to long-term asset value. The mixed composition of residential land and forest land allows for a wide range of potential project schemes, from hospitality developments to integrated resort concepts (※ 2).
One of the key investment advantages is the potential for hot spring (onsen) integration. Subject to development approvals, relatively flexible design planning may be considered, allowing investors to implement differentiated concepts aligned with evolving tourism demand and lifestyle trends.
Located approximately a 25-minute walk from JR Yugawara Station, the property offers a rare balance between convenient access from the Tokyo metropolitan area and a tranquil natural setting. With a total price of JPY 180,000,000, the acquisition cost represents a highly competitive entry level for a coastal development site of this scale with onsen potential, making it suitable for value-add redevelopment, phased project execution, or long-term land banking strategies within a stable resort market.
Asset Type: Development Land (Residential + Forest Land Mix)
Land Area: 22,822.63㎡ (approx. 6,903.84 tsubo) (※ 1)
Asking Price: JPY 180,000,000
Price per ㎡: approx. JPY 7,885 /㎡
Price per Tsubo: approx. JPY 26,070 /tsubo
Access: approx. 25-minute walk from JR Yugawara Station
Notes:
※(1) The total land area is 22,822.63㎡; however, only a portion of the site is designated for building use and is subject to applicable restrictions. Please contact us for detailed information.
※(2) Road access and building standards impose certain development limitations on the subject land. Prospective purchasers are advised to consult with the seller and conduct a development feasibility review prior to acquisition.