
As Japan cements its place on the global map of lifestyle and investment destinations, interest in ski resort real estate has surged—particularly through Uchi, the country’s leading portal for resort property listings.
This past winter, investors from around the world explored listings in iconic destinations like Niseko, Hakuba, Nozawa Onsen, Myoko, and Madarao. These areas continue to attract attention not just for their world-class snow and infrastructure, but also for their year-round tourism potential, improving access, and relatively low acquisition cost—especially given the current weakness of the Japanese yen.
Below are the Top 10 Most Viewed Listings on Uchi for the 2024/25 winter season, showcasing a mix of high-potential investments, character-filled chalets, and well-located lodges. These properties represent the diverse opportunities available across Japan’s mountain regions—from boutique pensions to turnkey ski-in/ski-out chalets.
Uchitsune Nozawa Onsen Pension

Location: Nozawa Onsen, Nagano
Status: SOLD!
A 9-room lodge just minutes from the Karasawa lift, combining local tradition with strong hospitality potential.
Bird's Nest – Country Resort | Niseko, Hokkaido Status: For Sale – ¥78,000,000 / $540k USD. A modern 4-bedroom riverside home with open-plan interiors and a direct view of Mt. Yotei.

Location: Niseko, Hokkaido
Status: For Sale – ¥78,000,000 / $540k USD.
A modern 4-bedroom riverside home with open-plan interiors and a direct view of Mt. Yotei.
Madarao Tangram Studio Apartment

Location: Madarao, Nagano
Status: For Sale – ¥6,000,000 / $40k USD.
Affordable ski-in, ski-out apartment just steps from the lifts—fully renovated and ready for personal use. Price reduced!
Campbell Lodge Hakuba
Location: Hakuba, Nagano
Status: For Sale – ¥75,000,000 / $520k USD.
A 10-bedroom, guest-ready lodge in the heart of Donguri Village—ideal for investors seeking turnkey rental potential. Price reduced!
Shinsetsu 6

Location: Hirafu, Hokkaido
Status: For Sale – ¥53,000,000 / $370k USD.
A central Hirafu apartment in a highly popular complex, offering steady income and a reliable rental track record. Price reduced!
Casa Bianca Goryu
Location: Hakuba, Nagano
Status: HELD!
A well-established 14-room inn steps from the Goryu lifts, appealing to buyers exploring operational investments.
Chisenupuri Cabin

Location: Niseko, Hokkaido
Status: For Sale – ¥39,900,000 / $280k USD.
A secluded 2-bedroom cabin surrounded by nature—offering both privacy and access to nearby ski areas.
Ski-in/Ski-out Chalet – Tsugaike

Location: Hakuba-Otari, Nagano
Status: HELD!
Direct slope access, a modern design, and excellent four-season potential define this rare chalet.
Akakura Forest Chalet
Location: Myoko, Niigata
Status: SOLD!
A newly built forest retreat with three bedrooms and clean, contemporary finishes—ready for lifestyle investors.
Raiko Place

Location: Niseko, Hokkaido
Status: For Sale – ¥999,000,000 / $6.9m USD.
A world-class luxury 5 bedroom residence with floor-to-ceiling views of Mount Yotei and over 500 sqm of floor space. The ‘L-shaped’ residence was conceived with the explicit ambition to create an iconic building with world-class architecture and dramatic living spaces.
Honourable Mentions: Most Searched New Developments

KABA® Niseko – A thoughtfully planned neighbourhood with luxury home sites with onsen and panoramic vistas.
Odin Hills – Premium design-led chalets in a gated community, created by one of Niseko’s most visionary developers.
Why Invest Now?
With the Japanese yen still at historic lows, investors are gaining unprecedented buying power—making it an opportune time to secure Japan resort real estate at global value pricing.