Murakami Residence Kamakura 3

The owner of the historic Murakami Residence in Kamakura’s Nishimikado neighbourhood is preparing to donate the residence and land to the city. Based on the land size, the property would have a market value of approximately 420 million Yen (approx. 4 million USD).

Although official records have been lost, the traditional Japanese house is estimated to have been built sometime prior to 1939. In 1941 the residence was acquired by Chosuke Murakami. The house was later inherited by Murakami’s wife, who, prior to her passing in 2014, had requested that the house be donated to the city. She also made arrangements to leave 10 million Yen (97,000 USD) in cash to go towards the maintenance of the property. 


This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,200 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.