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[Assessed 83.2%] Land in Fujisawa, Kanagawa — 6 min from Hongugenuma Sta.
Listing endedAssessed 83.2%LandFujisawa, KanagawaHongugenuma Sta. 6 min walk

[Assessed 83.2%] Land in Fujisawa, Kanagawa — 6 min from Hongugenuma Sta.

Published: Sep 3, 2026Updated: Sep 17, 2026

Property Overview

LocationFujisawa, Kanagawa
Nearest StationOdakyu Enoshima Line Hongugenuma Sta.
Walk6 min walk
Assessed Ratio83.2%Assessed 83.2%
Price¥44,800,000
TypeLand
Land Area182㎡

Where This Property Is Listed

This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.

Kenbiya¥44,800,000View listing

Assessed Value Breakdown

Land assessed value¥37,293,900
Building assessed value-
Total assessed value¥37,293,900
Asking price¥44,800,000
Assessed ratio83.2%

Calculation basis

  • Land assessed value was entered manually by the operator.

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +11.4%
YearRoad price (JPY/m²)YoY
2024220,000
2025235,000+6.8%
2026245,000+4.3%

Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.

How We Checked This Property

The Kenbiya listing had no site photographs and no road access details. This is the record of tracking down the same property on SUUMO to supply the photographs and plot plan, pinning down the chome, and only then measuring the road price.

Listing check

The Kenbiya address stopped at "Kugenuma Sakuragaoka, Fujisawa" with no chome. Kugenuma Sakuragaoka spans chome 1 through 4 and six separate road price map sheets, so we identified the chome first. Using the Geospatial Information Authority address API to geocode each chome and computing straight-line distances to the three listed stations, only chome 4 matched the listed 6, 9 and 17 minute walks, at 466m to Hongugenuma, 573m to Ishigami and 1,134m to Fujisawa. Chome 1 at 785m, chome 3 at 830m and chome 2 at 987m are all incompatible with a 6 minute walk.

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On-site check from photos

The Kenbiya listing carried no property images at all. This was not a retrieval failure; none exist on the listing. We therefore identified the same property on SUUMO (Kugenuma Sakuragaoka 4, 44.8 million yen, 182 sqm registered, two-side frontage) and examined four site photographs taken in July 2026 along with the plot plan. The boundary on the frontage road side is one to three courses of low retaining block with a 0.2 to 0.5m level difference, and on the other frontage the parking apron sits nearly level with the road. We cross-checked against two reference objects, standard curb height and the neighbouring first-floor window sill, and even the upper estimate stays under 0.5m. No stepped access, slope face or cut slope was present.

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Locating the road price

On road price map sheet 76244, the local streets within the chome are most commonly 245D and 250D in roughly equal numbers, with 255D and 260D to the east and 240D to the northeast. We took the conservative 245,000 yen per sqm as the representative value. The conclusion holds anywhere in that band: 81.6% at the lowest 240D, 84.9% at 250D and 86.6% at 255D. Over three years the figure rose 11.4%, from 220,000 yen in 2024 to 235,000 in 2025 and 245,000 in 2026. The leasehold ratio symbol is D.

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Effective land area

Both frontage roads are under 4m wide, so a setback is required when rebuilding. The listing specifies 28.09 sqm of setback and an estimated 2.81 sqm corner cut, and two sites agree on the resulting figure: the SUUMO plot plan states approximately 152.22 sqm of estimated usable land, and the Kenbiya remarks state over 46 tsubo (about 152 sqm). Our assessment uses this 152.22 sqm. Using the registered 182 sqm would give 99.5%, but setback land cannot be built on, so we do not adopt it.

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Rights and restrictions

Zoning is Category I Low-Rise Exclusive Residential, with an additional Class 2 Scenic District designation. Building coverage of 40% and floor area ratio of 80% place firm limits on buildable scale. The listing also notes landscape law restrictions and a residential land development regulation zone. There is no mention of cliff ordinance provisions.

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Other checks

Two records conflict between the listing sites. The land category is forest on Kenbiya and residential land on SUUMO; the current condition is vacant land on Kenbiya and existing old house on SUUMO. We treat it conservatively as having an existing old house, assuming demolition costs apply separately.

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What We Could Not Confirm

  • The land category (forest or residential) and the current condition (vacant or with an existing old house) conflict between the listing sites. Whether demolition costs apply, and how much, needs confirmation on site and with the broker.
  • The 28.09 sqm setback and 2.81 sqm corner cut are both estimated figures from the listing. The actual setback line is fixed at building confirmation, so the usable land area may end up larger or smaller.
  • The site photographs and plot plan were supplied from the same property's SUUMO listing. The Kenbiya listing alone did not allow any assessment of retaining walls or level differences. We confirmed the two listings are the same property by matching address, price, area and road frontage, but a site visit remains necessary.
  • The Class 2 Scenic District designation brings separate permit criteria at construction time, covering building coverage, height, wall setback and green space ratio. The specific standards need confirmation with the City of Fujisawa.

Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.

Neighborhood ① Shopping Near the Station

Lawson Fujisawa Hongugenuma
6 min walk from the station

About 500m from the property. A 24-hour convenience store.

Source
Yamaka Hongugenuma
7 min walk from the station

About 500m from the property. A supermarket for everyday shopping.

Source

About This Property

This land plot sits within walking distance of three stations on three lines: 6 minutes from Hongugenuma on the Odakyu Enoshima Line, 9 minutes from Ishigami on the Enoshima Electric Railway, and 17 minutes from Fujisawa on the JR Tokaido Line. Fujisawa connects to Tokyo Station in about 50 minutes. Kugenuma Junior High School is roughly 300m away and Kugenuma Elementary about 800m.

The registered land area is 182 sqm (about 55 tsubo) at 44.8 million yen, freehold with no building conditions attached. It is a corner plot facing two public roads, on the southwest and northeast sides, but the shape is triangular and both frontage roads are under 4m wide, so a setback is required when rebuilding. The listing states 28.09 sqm of setback plus an estimated 2.81 sqm corner cut, leaving roughly 152 sqm (about 46 tsubo) of usable land. Zoning is Category I Low-Rise Exclusive Residential, with an additional Class 2 Scenic District designation, giving a strict 40% building coverage and 80% floor area ratio.

⚠️ Two details conflict between the listing sites. The land category is shown as forest by Kenbiya and as residential land by SUUMO. The current condition is listed as vacant land by Kenbiya and as having an existing old house by SUUMO. We take the conservative reading of an existing old house, which means demolition costs should be budgeted separately. Verification on site and with the broker is needed.

⚠️ The Kenbiya listing carried no site photographs, no plot plan, and no road access details. Our retaining-wall and level-difference assessment relies on the same property listed on SUUMO, which includes four site photographs taken in July 2026 and a plot plan. The assessment found the level difference between road and site to be under 0.5m, with no stepped access and no slope face, so no exclusion criteria applied.

The assessed value ratio is 83.2%. Since this is land only, the building assessment is zero and the entire figure comes from the land. The inheritance tax road price is 245,000 yen per sqm, rising 11.4% over three years: 220,000 in 2024, 235,000 in 2025, and 245,000 in 2026. Using the registered 182 sqm would push the ratio to 99.5%, but setback land cannot be built on, so we use the 152.22 sqm of usable land, giving 83.2%.

This is a property to evaluate by separating three things: the strength of a residential location served by three stations on foot, the constraints on buildable scale from the scenic district and low-rise zoning, and the conflicting records on land category and current condition.

Estimated Financing

Assessed value ¥37,293,900 → estimated loan ¥37,290,000 (83% of the asking price)

Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
信用金庫・信用組合のセゾンファンデックス保証付の不動産担保融資
Shinkin bankAssessed-value focusedStrong with lands
築古でも可。 築年数は問わず、土地の積算さえ出ていれば、20年程度の期間で融資してくれるケースが多い。 但し、立地が良くないと、担保評価が付かず取扱不可となる。 新築や築浅に関しても、建物の価値を適切に判断してくれる為、やりやすい。

General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Listing endedThe listing for this property has ended. The information reflects the time of listing and the property is no longer available.
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