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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,695,000

Est. payment - /mo

2 Beds

2 Baths

904 SqFt

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Open House

Sun Nov 30, 1:00pm - 4:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $4,087

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP25265161

Bedrooms 2

Full Baths 2

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2001

Property Sub-Type Single Family Residence

Property Description

Presenting 104 Onyx, a rare and refined offering on Balboa Island that combines luxury coastal living with impressive investment performance. This elegantly remodeled home holds a coveted short-term rental permit, a highly sought after asset in the City of Newport Beach.

Currently operating as a successful, fully turnkey vacation rental, 104 Onyx is generating income that exceeds Newport Beach's average cap rate, making it a compelling opportunity for investors seeking both lifestyle and long term value.

Perfectly positioned as the only rear home on the South Bayfront, this residence offers unobstructed sit-down harbor views from both levels, a rare feature that sets it apart. A private entrance to the upper level provides flexibility for dual living, guest accommodations, or optimized rental income.

The home has undergone a comprehensive, high end renovation with no detail overlooked. Upgrades include Wolf appliances, new countertops, wide-plank wood flooring, an upstairs kitchenette, and a striking metal roof. Outdoor living is elevated with thoughtfully designed spaces that maximize the bay views and coastal ambiance.

Located just steps from the waterfront and one block from Marine Avenue, 104 Onyx offers immediate access to Balboa Island's boutiques, dining, and amenities, all while maintaining a sense of privacy and exclusivity.

This is a rare opportunity to a special getaway and an income producing asset with proven rental performance, premium views, and a timeless design.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Built-in Features, Breakfast Area, Ceiling Fan(s), Furnished, Recessed Lighting, Main Level Primary, Walk-In Closet(s)

Heating Baseboard

Cooling None

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer

Exterior

Exterior Feature Lighting

Fence Excellent Condition

Pool None

Community Features Curbs, Street Lights, Sidewalks, Water Sports

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Bay, Ocean, Water

Roof Type Metal

Accessibility Grab Bars

Porch Deck, Open, Patio

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

Elementary Schools Abraham Lincoln

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05017210

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/yuswp5no2rfmaq57i9xh5/104-Onyx-Newport-Beach-CA-Unbranded-V2.mov?rlkey=f1opa6mnyxxxbou9hf9h36uvk&e=2&st=60zne0yz&dl=0

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Listed by Courtney Hackbarth Compass 714-300-5606

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104 Onyx AVE Newport Beach, CA 92662