Three Bungalows for Sale in Moriue, Hakuba: 49.67 m² Each (HL-0010)

HL-0010 is three single-storey buildings in Moriue, Hokujo, Hakuba Village, sold together for ¥47,500,000. Each has 49.67 m² of building area, 149.01 m² in all, on 550.57 m² of freehold land. They were completed in March 1971 and are vacant.

The photos show a gravel lane with the three pale-sided buildings in a row and tall trees behind. Each unit has a concrete-block storage shed, and white oil tanks stand against the walls. Shinano-Moriue Station on the JR Oito Line is a 7-minute walk. The listing’s highlight is plain: ideal as rental housing or staff dormitory. This article sets out what the listing says and what to check before you offer.

See the full listing with photos → HL-0010

HL-0010 at a glance

Listing details as checked on 1 November 2026.

Item	Listing details
Price	¥47,500,000 (all three buildings)
Property type	Used lodging
Buildings / units	3 single-storey buildings, 3 units
Layout	3K (kitchen, three 6-tatami Japanese-style rooms)
Building area	49.67 m² each, 149.01 m² in total
Structure	Concrete block, steel-sheet roof, single storey (per the property summary sheet; the listing page’s basic-info table says timber)
Land	550.57 m², freehold; registered as residential land (takuchi)
Completed	March 1971
Planning	Non-delineated area, no use zone; building coverage 60%, floor area ratio 200%
Road	South: 3 m-wide public road; frontage 4 m on the listing page, about 32 m on the summary sheet; no private road share
Parking	3 spaces (1 per unit)
Utilities	Electricity, propane, public sewer; the summary sheet also lists mains water and an oil tank
Access	JR Oito Line, Shinano-Moriue Station, 7 min walk
Status	Vacant; immediate handover
Transaction type	Brokerage

At the asking price that works out to about ¥15.83 million per building (land included), ¥319,000 per m² of building area and ¥86,000 per m² of land. This is simple division, not a valuation.

Three bungalows, 49.67 m² each

The listing describes the three buildings together as 3K: a kitchen and three 6-tatami Japanese-style rooms. Each building has 49.67 m² of floor area and all three are the same size. It does not say building by building where the kitchen, rooms, bath and toilet are, so check at the viewing or ask the seller for floor plans.

Listed fittings are an indoor washing-machine space, light fittings, flush toilets and hot water in the kitchen. The main windows face south. Renovation is listed as none, and the remarks say the interiors need renovation.

The structure is recorded two ways. The summary sheet says concrete block with a steel-sheet roof; the listing page’s basic-info table says timber. The sheds in the photos are block-built, while the houses appear to have panel siding. Go by the land registry and the building itself. It will shape how, and at what cost, you renovate.

All three are single-storey, so their footprint is roughly their floor area. As a rough estimate they cover about 27% of the land, under the 60% limit; use a survey for exact figures.

Use: rental, staff housing or lodging

The listing suggests rental housing or a staff dormitory. Three separate buildings, each with its own parking space and shed, suit separate lets. The property type is used lodging, but the listing does not say whether an inn-business licence exists, its number or its holder, and we do not add to it.

• Renting out: leases fall under the Act on Land and Building Leases. With an ordinary lease, a landlord needs justifiable grounds to refuse renewal (Art. 28). A fixed-term lease must be made in writing, with a separate written explanation beforehand that it will not be renewed (Art. 38) (Act on Land and Building Leases, e-Gov).
• Staff housing: if a company leases the buildings for its staff, agree the contract type first and ask the local fire department what fire equipment is required.
• Paid accommodation: under the Inns and Hotels Act, running paid lodging needs a prefectural licence (Art. 3), and taking over an existing operator’s position needs the governor’s approval (Art. 3-2) (Inns and Hotels Act, e-Gov). Ask the seller about past use and talk to Hakuba Village and the Omachi public health centre. For the two routes compared, see Minpaku vs ryokan licence in Hakuba.

The listing gives no rent, occupancy or revenue figures, and neither do we.

A 1971 building: seismic check first, then renovation

March 1971 is before Japan’s June 1981 seismic standard. MLIT says many buildings built before 1981 to the older standard lack adequate earthquake resistance, and recommends a seismic assessment first, then retrofit or rebuilding depending on the result (MLIT: seismic upgrading of housing and buildings).

Renovation also has a legal step. Under the Air Pollution Control Act, the contractor must survey for asbestos-containing materials before altering or repairing a building. For renovation contracts of ¥1 million or more including tax, the result must also be reported to the prefecture (Ministry of the Environment: asbestos survey reporting). Renovating three buildings at once will probably reach that amount. We suggest:

• an architect to confirm the structure, run a seismic assessment and check roofs, walls and foundations;
• renovation quotes that include the asbestos survey, its cost and timing;
• checking for building-confirmation records and whether registered areas match the listing;
• budgeting for new fittings and inspecting the oil tanks and gas equipment in all three.

Land and road: the 3 m lane to the south

The land is 550.57 m², registered as residential land (takuchi), meaning land registered for building. It sits in a non-delineated area with no use zone; no National Land Use Planning Act notification is needed, and there is no private road share.

The public road to the south is 3 m wide. Inside a city planning area, the Building Standards Act requires a building plot to touch a road for at least 2 m (Art. 43). If a road under 4 m wide is designated under Art. 42(2), the road boundary is usually treated as 2 m from the centre line, and that strip cannot be built on when you rebuild (Building Standards Act, e-Gov). Before signing, ask the seller for a survey and check with the village or prefectural building authority how the road is classed, whether setback applies, and whether the frontage is 4 m or about 32 m.

Running costs and the market

• Yearly costs: property tax, sewer charges, propane, heating oil and snow clearing, for three buildings. See Buying a villa in Hakuba: running costs and winter care.
• Property tax: ask the seller for the latest tax notices for the land and all three buildings. See Hakuba property tax.
• Accommodation tax: if used for lodging, Hakuba Village has levied an accommodation tax since 1 June 2026 (Hakuba Village).
• Purchase costs: on top of the price, allow for registration, stamp duty, the pro-rated property tax and the brokerage fee.

In MLIT’s 2026 official land prices, Hakuba Village residential land rose +22.8% on average (MLIT: 2026 land prices, Hakuba Village). These are benchmark values for specific survey points and cannot be compared directly with this asking price.

Checklist before you offer

1. Structure: concrete block or timber, by registry and inspection; seismic assessment.
2. Renovation: plan of each building, bath and kitchen condition, asbestos survey, quotes.
3. Use: rental, staff housing or lodging, and the matching contract, fire and licence checks (seller, Hakuba Village, Omachi public health centre).
4. Road: Art. 42(2) status, setback and frontage (survey).
5. Utilities: mains water and sewer connections, oil tanks and gas equipment.
6. Overseas buyers: see Can foreigners buy property in Hakuba?

About this listing

Hakuba Land is a brand of Gemini株式会社, a licensed real estate brokerage, which handles this property as broker. The listing was published on 31 July 2026 and its next scheduled update is 13 November 2026. This article is general information, not legal or tax advice.

Last checked: 1 November 2026.

Sources

• Act on Land and Building Leases, Arts. 28 and 38 (e-Gov, Japanese)
• Inns and Hotels Act, Arts. 3 and 3-2 (e-Gov, Japanese)
• MLIT: seismic upgrading of housing and buildings (Japanese)
• Ministry of the Environment: asbestos survey reporting (Japanese)
• Building Standards Act, Arts. 42 and 43 (e-Gov, Japanese)
• Hakuba Village: accommodation tax (Japanese)
• MLIT: 2026 official land prices, Hakuba Village (Japanese)