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Don Pelletier

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$ 3,695,000

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104 Onyx Avenue Newport Beach, CA 92662

2 Beds

2 Baths

904 SqFt

Open House

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

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $4,087

Subdivision Balboa Island - Main Island (Bal

MLS Listing ID NP25265161

Style Cottage

Bedrooms 2

Full Baths 2

Year Built 1924

Lot Size 1,050 Sqft

Property Sub-Type Detached

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 Beachs 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 Islands 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

Direction Marine Ave. to Park Ave. go Right to Onyx. Located one home off of the South Bayfront.

Interior

Interior Features Beamed Ceilings, Recessed Lighting, Furnished

Heating Baseboard

Flooring Wood

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Freezer

Exterior

Fence Excellent Condition

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

View Y/N Yes

Water Access Desc Public

View Bay, Ocean, Water

Roof Type Metal

Accessibility Grab Bars In Bathroom(s)

Porch Deck, Patio, Patio Open

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 05017210

Acceptable Financing Cash, Exchange, Cash To New Loan

Listing Terms Cash, Exchange, Cash To New Loan

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

Listed by Courtney Hackbarth Compass

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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Don Pelletier

104 Onyx Avenue Newport Beach, CA 92662

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