|Land with existing structure (house), 1,696.22 sqm
This two-storey half-timber style home is located in the wealthy beachside town of Hayama, 60km south of Tokyo. Situated at the end of a sweeping driveway, the house overlooks a large and sunny south-facing garden filled with weeping cherry trees (shidare-sakura) and crepe myrtles.
The English-style residence was built in 1933 for Tadashi Adachi (1883-1973), the 3rd president of the Oji Paper Company, 1st president of TBS Radio (now the TBS TV Network), and president of both the Japan and Tokyo Chambers of Commerce. Adachi had seven children, so the home was designed for a large family. Some of Oji’s early paper insulation products were used in the home.
The architect was Koichi Sato (1878-1941), the founder of Waseda University’s architecture department. Sato’s most famous work is the Hibiya Public Hall (c1929) in central Tokyo. He designed many university and public buildings across Japan in the 1920s and 1930s, but only a small number of homes.
The wood-frame house included four children’s bedrooms, a maid room, telephone room, drawing room, sunroom, four tatami rooms and a rooftop balcony. The parlour was often used for entertaining guests, with a call button that was connected to the kitchen. In fact, eight call buttons were installed throughout the house.
The house was confiscated by the US forces after WWII, and purchased by the current seller in 1960. The bathroom/kitchen areas were updated in the 60s, but the rest of the house remains in largely original condition.
Many of Hayama’s grand and wealthy estates from the late Meiji, Taisho and early Showa periods are gradually being demolished. The seller of this home is hopeful to find a buyer that wants to continue to maintain it’s legacy for years to come.
The property is a spacious 1,696 sqm block of freehold land. The house is approximately 264 sqm (2,845 sq.ft) in size. It is a few houses away from the 102-year old holiday villa of Prince Higashifushimi Yorihito.
Residential land prices in this neighbourhood generally range from 100,000 ~ 200,000 Yen per square meter. Land prices in Hayama have been on a gradual decline since the end of the bubble era in the early 1990s, although the rate of decline has been slowing in recent years. 2008 saw land values jump by as much as 4 ~ 5% in some places.
Hayama is a relatively small beachside town in the Shonan area and is 5km south of Zushi and 8km south of Kamakura.
The southern end of Hayama is an especially wealthy and historic vacation home area. It became popular as a resort area after essentially being discovered by two foreigners in the 1880s – the Italian Minister of Legation and a German Doctor who was highly trusted by Emperor Meiji. In 1894, the Imperial Family built their Hayama Imperial Villa, and the status of the area was lifted immediately. Wealthy nobles and industrialists started to build their own holiday villas around the Imperial Villa.
By 1935 there were 432 villas in the town. Today, only a small number of these grand historic homes remain.
The town’s population has been slowly growing. In 1970, there were 19,609 residents. In 2000, the population was 30,413. In October 2016 the population was 32,109.
|Horiuchi, Hayama, Kanagawa Prefecture||
|Type:||Land with existing structure (house)|
|Land size (Registered):||1,696.22 sqm (Freehold)|
|House size:||264.45 sqm (2,845 sq.ft)|
|Construction:||2-storey, Wood frame|
|Zoning:||Category I Exclusively Low-Rise Residential Zone|
|Building footprint ratio:
|Floor area ratio:
|Status:||Occupied by seller|
|Delivery:||To be negotiated|
|Brokerage fee:||3% + 60,000 Yen + consumption tax, charged to buyer.|
|*Inspection by advance appointment only.
*The property is approximately 20 meters above sea level and outside of the town’s tsunami hazard zone.
*Utilities: Propane gas, town water, electricity, septic tank.
|Last updated:||March 16, 2017.||Next update (scheduled):||March 30, 2017.|
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*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.
Transaction type: Brokerage.