Price Drop: What Can $1.2 Million Buy You in Tokyo?

What Can $1.2 Million $1.5 Million Buy You in Tokyo?

A Refined Setagaya Residence in Prestigious Seijo

Fully renovated RC home with elevator near Seijogakuen-mae

Spacious 2LDK+S with garden, balconies, and abundant light

Reinforced concrete construction with modern upgrades

Quiet, green residential setting with strong long-term value

PRICE DROP! ¥189,000,000 / ~$1.2M USD as of April 2026

Priced at ¥198,000,000 / ~$1.3M USD as of December 2025

Looking for a well-built, long-term Tokyo home in one of the city’s most established residential neighborhoods? This 2009-built reinforced concrete residence in Seijo 8-Chome, Setagaya-ku offers generous space, modern comfort, and a calm living environment just 12 minutes on foot from Seijogakuen-mae Station.

Set on a 136 sqm freehold lot with a 108 sqm interior, this two-story home has been fully renovated in 2022, allowing it to be considered alongside new construction in both condition and livability. With a private garden, wide balconies, elevator access, and parking for two vehicles, it’s a property designed for everyday comfort in a neighborhood known for stability, greenery, and prestige.

🛠️ Property Features & Highlights

• 🏠 Two-story RC (reinforced concrete) construction, offering durability, sound insulation, and long-term peace of mind

• 📐 108 sqm (1,163 sqft) interior space on 136.67 sqm (1,471 sqft) land

• 🛋️ Spacious 19-jo LDK, filled with natural light and directly connected to a wide balcony for an open, indoor–outdoor feel

• 🌞 Large windows and strong southern light, creating bright, airy interiors throughout the home

• 🛗 Home elevator, supporting multi-generational living and long-term accessibility

• 🍳 Modern system kitchen with wide counters, ample storage, dishwasher, and efficient work layout

• 🛁 Updated bathroom and wet areas, including a full-size bath with window and bathroom dryer

• 🚽 Two toilets, one on each floor

• 🧳 Excellent storage, including walk-in closet, storage room (S), underfloor storage, and built-ins throughout

• 🌿 Private garden and landscaped exterior, suitable for pets, light gardening, or outdoor relaxation

• 🌞 Multiple balconies, including a second-floor balcony with open views and strong privacy

• 🚗 Parking for two vehicles, including high-roof clearance and shuttered garage space

• 🛠️ Recent renovations (2022): kitchen, bathroom, full interior finishes, exterior walls, roof, and gate

• 🚉 12-minute walk to Seijogakuen-mae Station (Odakyu Line), with additional access to nearby stations

📍 Seijo, Setagaya-ku: One of Tokyo’s Most Esteemed Residential Districts

Seijo is widely regarded as one of Tokyo’s premier low-rise residential neighborhoods, with a history dating back to the early 20th century. Centered around Seijo Gakuen, the area developed as a carefully planned garden suburb, prioritizing greenery, wide streets, and architectural harmony.

Strict zoning and community guidelines have helped preserve the neighborhood’s character, limiting overdevelopment and maintaining a calm, dignified streetscape. Large plots, hedges instead of walls, and mature trees define the area, creating a residential environment that feels removed from the city despite its proximity.

Transit access remains practical. From Seijogakuen-mae Station on the Odakyu Line, you can reach Shinjuku directly, making Seijo suitable for commuters who value both access and quiet living.

🌸 Welcome to Setagaya-ku

Setagaya-ku is Tokyo’s most populous ward and one of its most livable. Known for its residential focus, green spaces, and family-friendly infrastructure, the ward offers a different rhythm from Tokyo’s denser commercial districts.

Parks, walking paths, and access to natural features like the Kokubunji Escarpment give the area a distinctly green character. At the same time, daily conveniences are well covered, from supermarkets and cafés to hospitals, schools, and cultural facilities.

Seijo in particular carries a strong academic and cultural legacy, having been home to scholars, artists, and filmmakers over generations. That history contributes to the area’s natural confidence and enduring appeal.

🗺️ Quick Property Snapshot

• 🏠 Two-story reinforced concrete (RC) home

• 📐 108 sqm (1,163 sqft) interior / 136.67 sqm (1,471 sqft) land

• 🛠️ Built March 2009, fully renovated in 2022

• 🛋️ 2LDK + S (storage room), 19-jo LDK

• 🛗 Home elevator

• 🌿 Garden + multiple balconies

• 🚗 Parking for two vehicles

• 📜 Freehold land, low-rise residential zoning

• 💴 PRICE DROP! ¥189,000,000 / ~$1.2M USD as of April 2026

  • ¥198,000,000 / ~$1.3M USD as of December 2025

🧭 Your Next Step

Buying in Japan doesn’t have to be a solo journey. The best way forward is to connect with others who are already doing it.

Join the AkiyaHub community to:

• Learn from real buyers and renovators

• Share your own ideas and experiences

🌿 A Long-Term Home in Seijo 8-Chome

Reinforced concrete construction, full modern renovations, generous interior volume, and a location synonymous with stability and prestige. This Seijo residence offers a calm, durable foundation for long-term living in one of Tokyo’s most carefully preserved neighborhoods.

Whether envisioned as a family home, a multi-generational residence, or a secure Tokyo base, it reflects what upper-tier residential living in Setagaya is designed to provide: space, privacy, and enduring value.

Ready to explore?

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• 👉 Join the AkiyaHub community: Learn from real buyers, ask questions freely, and move forward with confidence as you explore owning a home in Japan.