The former park site has been redeveloped by making use of the quiet nature of the area, centered on the Resourttrust XIV Yase Rikyu membership hotel and the addition of a home for senior citizens; furthermore, areas slightly north of the station as well as in the south have been developed for residential quarters.
跡地は現在、大規模な会員制ホテル「エクシブ八瀬離宮」を中心に老人ホームなども立地し、静閑な土地を生かした再開発が行われている（駅から少し北、または南の地区でも住宅開発がされている）。