Hakone Fun! Mt. Fuji JAPAN - travel simply - Hakone is located along Lake Ashi at the bottom of the iconic volcano Mount Fuji in Japan’s Fuji-Hakone-Izu National Park, just west of Tokyo. The town of Hakone is best known for its hot springs resorts and its views of Mt. Fuji. Fuji san overlooks the Hakone Shrine which stands next to Lake Ashi with a bright red “torii” gate entrance. The town has been a favorite of tourists and locals for hundreds of years, with its expansive views, boiling sulfur spring, gondola ride on the Hakone Ropeway, and hot spring baths.