Overview of Arekkusuhiruzu Yotsukaidou Utsukushi Ga Oka Kouen (アレックスヒルズ四街道美しが丘公園)
Arekkusuhiruzu Yotsukaidou Utsukushi Ga Oka Kouen (アレックスヒルズ四街道美しが丘公園) is a 29-year-old condominium located at Yotsukaidou Shi Yotsukaidou 2 Choume 12-9 (四街道市四街道2丁目12-9), Chiba, Japan. Built in 1997, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,680〜3,098万円 (approx. $112,000–$206,533 USD at ¥150/$).
Unit sizes range from 74.8–83.3 sqm (805–897 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.1万/sqm (approx. $2,003/sqm or $186/sqft).
Location & Neighborhood
The property is located at Yotsukaidou Shi Yotsukaidou 2 Choume 12-9 (四街道市四街道2丁目12-9), Chiba, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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