Higashiyama Machiya Revival: Timeless Charm, Modern Upgrades & Rental Income Opportunity

Located in Kyoto’s highly sought-after Higashiyama Ward, this income-generating property is a traditional Kyoto kominka situated in the charming Rokuhara and Kiyomizu area, where historic streetscapes blend seamlessly with modern creativity. The neighborhood is home to stylish cafes, galleries, independent shops, and local artisans, creating a vibrant atmosphere that captures the essence of contemporary Kyoto while preserving its rich cultural heritage. The property is currently tenant-occupied, offering immediate rental income and making it an attractive investment opportunity in one of Kyoto’s most desirable districts. In spring, cherry blossoms beautifully decorate the surrounding streets, while nearby Miyagawacho provides a rare opportunity to experience Kyoto’s traditional geiko and maiko culture. Owning a kominka house in this prestigious location is a unique chance to enjoy both cultural significance and long-term investment potential. This traditional house enjoys an excellent location within walking distance of some of Kyoto’s most famous landmarks, including Kiyomizu-dera Temple, Kennin-ji Temple, Yasui Konpiragu Shrine, and Rokuharamitsu-ji Temple. Despite being close to major tourist destinations, the surrounding area maintains a peaceful residential atmosphere filled with character and charm. The entrance of the house has been thoughtfully designed to provide privacy while allowing natural light to filter through a circular opening in the wall, creating a warm and welcoming ambiance. The traditional earthen-floor space features a long counter that comfortably seats four people, with a sunken-floor design underneath for relaxed dining and conversation. Above the counter, the original "hibukuro" atrium has been preserved, creating an open and airy atmosphere while showcasing the historical character of the property. The kitchen is equipped with a modern IH cooktop, offering both convenience and easy maintenance. Its efficient layout provides smooth access to the living area and counter space, combining functionality with contemporary design. This balance between traditional architecture and modern comfort is one of the many attractions of the property. Although the exact construction year of this kominka is unknown, the house has been carefully renovated and offers comfortable living conditions with stylish interior finishes. The current tenant pays a monthly rent of JPY 165,000 under a lease agreement that runs until October 1, 2026. Upon completion of the lease term, the property can continue generating rental income or be adapted for residential or commercial use, providing excellent flexibility for future owners. Combining the timeless appeal of a Kyoto kominka, a prime Higashiyama location, and stable investment potential, this property represents a rare opportunity to own a distinctive house in one of Kyoto’s most culturally rich neighborhoods.

FLOOR PLAN

PHOTO

LOCATION MAP

OUTLINE

Price

79.8M JPY

Address

211-3 Ikedono-cho, Higashiyama-ku, Kyoto

Land Area

38.93㎡

Floor Area

1F 29.09㎡ / 2F 19.50㎡ / Total 48.59㎡

Building Scope

Whole building

Building Date

Unknown

Layout

Rooms: 2, Kitchen: 1, Living: 1, Toilet: 1, Bathroom: 1, Garden: No, Car Parking: No, Bicycle Parking: No

Building Structure

wooden

City Planning Act

Neighborhood commercial district

Building Coverage Ratio

80%

Floor Area Ratio

240%

Land Tenure

Ownership

Handover

Negotiable

Transaction Terms

Kitayama Trading as a Broker

Elementary School

Kaisei Elementary and Junior High School

Junior High School

Kaisei Elementary and Junior High School

Renovation Works

Yes