Shrine in Enoshima up for foreclosure auction

A Shinto shrine on Enoshima Island is up for foreclosure auction next month with a minimum bid set at 46.8 million Yen (approx. 430,000 USD).

Kodama Shrine was established in 1918 to honor Viscount Kodama Gentaro, a general in the Imperial Army and government minister during Japan’s Meiji period. The shrine was apparently built on the site of his summer home. Kodama liked the seclusion and privacy the island location afforded him.

The property includes the main shrine built in 1918 and the shrine office. Several other shrine buildings were demolished from 2016 due to deterioration. The total registered land size is 7,200 sqm.

The Yokohama District Court will be accepting bids between December 3 and December 10, with the winning bid to be announced on December 17.

*Update: It was re-listed by the court in July 2020 with the same reserve price. Bidding is open from late July with the winning bid to be announced in late August 2020.

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