Where prestige becomes legacy
Japan’s most exceptional residences, starting from US$10 million.
Japan’s most exceptional residences, starting from US$10 million.
Standing boldly within the heart of Kutchan town, the ICONIC Yellow House is a rare hospitality property that combines immediate operational capability, designer-led functionality, and strong long-term investment fundamentals.
Fully renovated in 2023, the property has been professionally reimagined as a modern hostel-style accommodation, carefully designed to support efficient large-group operation while maintaining comfort, warmth, and a strong visual identity.
Recognizable, memorable, and strategically positioned, this is more than just accommodation—it is a fully operational hospitality concept in one of Niseko’s fastest-growing year-round markets.
Configured to accommodate up to 34 guests across 8 bedrooms, the property is ideally suited for:
Every aspect of the renovation was approached with practical operation in mind.
Features include:
In addition to the main heating system, guest rooms are equipped with air conditioning, providing year-round comfort through both Niseko winters and green seasons.
The result is a hospitality property that is not only visually distinctive, but professionally optimized for day-to-day operation.
One of the property’s strongest advantages is its zoning.
Located within First-Class Residential Zone (第一種住居地域), the property is situated in a zoning category that legally permits hotel and inn-style accommodation business operations, making it highly suitable for continued hospitality use.
Combined with its existing operational setup, this creates a rare opportunity for buyers seeking:
The current owner is additionally open to assisting with ongoing operations, helping support a seamless handover process.
Based on current performance, the property has the potential to achieve approximately 6% net yield or higher.
Positioned within walking distance to restaurants, supermarkets, transportation, and daily conveniences, the property offers exceptional accessibility for both guests and staff.
Location & Access (Approx.)
The combination of downtown convenience and direct resort access continues to drive strong demand for well-positioned accommodation assets in Kutchan.
Hospitality-ready properties offering:
are becoming increasingly difficult to secure within central Kutchan.
ICONIC Yellow House presents a compelling opportunity for investors seeking a recognizable, functional, and immediately usable accommodation asset in the heart of Niseko’s international tourism market.
A bold and highly functional hospitality property designed for immediate operation and long-term potential.
Contact us today for further information or to arrange a private viewing.
Yellow House , 2-33 Minami 4 jo Nishi 2 chome , Kutchan , Hokkaido 044-0034
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Two-decade-long resident pioneer of the earliest foreign real estate investments, developments, and revitalization of 2 of Hokkaido's most internationally renowned and succesful resorts, assisting over 200 owners across 220+ completed projects and the local communities.
Sunny brings over a decade of experience in private and investment banking, specializing in wealth management for high-net-worth clients. With expertise of the Tokyo market, she advises global investors on real estate, asset growth, and diversification.
Experienced global operations and revenue manager driving the framework to analyze market trends, assess property performance, mitigate risks and capitalize on emerging opportunities for H2 Christie's clients.
Licensed Real Estate Transaction Specialist with extensive connections in Hokkaido and across Japan, trusted for his ability to navigate and build relationships.
Multilingual real estate professional fluent in English, Mandarin, and Cantonese, specializing in seamless transactions for international clients. Known for expert guidance of Mandarin-speaking buyers and sellers in diverse markets, with a strong focus on holiday homes and personalized service.
Tokyo-based luxury property strategist with an MBA, legal expertise, and a successful prop-tech exit. Advises global HNWIs and institutional investors with data-driven insights and solutions rooted in Japanese culture. Tokyo native passionate about Noh, Kabuki, and Sumo.
Hokkaido native and Licensed Real Estate Transaction Specialist, specializing in development projects. with local expertise and insight into Hokkaido’s real estate landscape.
Licensed Real Estate Transaction Specialist with extensive experience, having overseen a remarkable number of transactions and complex deals across all property types.
Niseko veteran and experienced owner liaison, renowned for employing in-depth knowledge of property ownership to guide clients through the sale and purchase process.
Niseko veteran with extensive experience in hospitality and property management, recognized for hands-on guidance throughout the sale and purchase process. Multilingual in English, Japanese, Mandarin, Cantonese, and Bahasa, enabling seamless communication with a diverse international clientele.
For over a decade, Chaowei has advised clients on Japan’s prime property market, specializing in structuring and closing deals across land, offices, hotels, and multi-family assets to deliver market insight and strategic guidance, ensuring every transaction is successful.