[Assessed 96%] Detached house in Midori Ward, Yokohama, Kanagawa — 15 min from Nakayama Sta.

An unoccupied new-build house in Kamiyama 2-chome, Midori Ward, Yokohama, a 15-minute walk from Nakayama Station, served by both the JR Yokohama Line and the Yokohama Municipal Subway Green Line. From Nakayama the Yokohama Line runs towards Shin-Yokohama and Higashi-Kanagawa, and the Green Line towards Hiyoshi, putting Shibuya around 50 minutes away with a change at Hiyoshi. Kamoi Station on the JR Yokohama Line is also within a 27-minute walk.

Built in March 2025, it is a two-storey wooden 4LDK (an 18.1-mat living-dining-kitchen, a 6.7-mat room, two 6.5-mat rooms and a 5.2-mat room) on 220.68 sqm of land with 95.84 sqm of floor area. The asking price is 52,000,000 yen. The house is vacant and has never been lived in, with immediate handover, and there is parking for three or more cars. The fittings — a system kitchen, bathroom dryer, double glazing and a 24-hour ventilation system — remain as installed. The land is held in freehold with no private-road burden, and the site is a corner plot running 9.8 metres along a 4.0-metre-wide public road to the north-west, with the setback already completed. The zoning is Category I Low-rise Exclusive Residential, with a building coverage ratio of 50 percent and a floor area ratio of 80 percent.

Multiplying the 2026 inheritance-tax roadside land value of 135,000 yen per sqm by the 220.68 sqm of land gives a land assessment of 29,791,800 yen. The house is one year old against a 22-year statutory service life for wooden construction, leaving 21 years and adding 20,126,400 yen, for a total of 49,918,200 yen — 96.0 percent of the 52,000,000 yen price. About 40 percent of that assessment is the building, which makes this a different proposition from an older land-value property. The roadside land value rose from 130,000 yen per sqm in 2024 to 135,000 in 2025 and held there in 2026.

Three points deserve checking. The first is how long it has been on the market. The listing we found is dated 4 September 2026, but the same property has been listed on another site since 5 March 2026 — roughly six months in all. Even where it appears as a new arrival, it has been on the market considerably longer.

The second is the ground level around the site. The vendor's copy mentions good views and no building in front, which leaves open the possibility that the plot sits near the edge of a hill. In the photographs the front road and the site are at the same level and the boundary block wall is only two courses high, about 0.4 metres, but one side of the boundary does not appear in any photograph and remains unchecked. The third is income: no rent or projected yield is given, so what the house would let for is unknown. It is being marketed for both owner-occupation and investment.

With a one-year-old building still carrying value in the assessment, this is put together differently from the older, land-value properties. Confirming how long it has been on the market and the ground levels around the site should make the decision considerably clearer.