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Listed by Courtney Hackbarth • Compass
$3,695,000
Est. payment /mo
2 Beds
2 Baths
904 SqFt
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
MLS Listing ID CRNP25265161
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 2001
Lot Size 1,050 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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, al
Location
State CA
County Orange
Interior
Heating Baseboard
Cooling Ceiling Fan(s), None
Flooring Wood
Fireplaces Type None
Fireplace No
Window Features Double Pane Windows
Appliance Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
Laundry Dryer, Washer
Exterior
Pool None
View Bay, Water, Ocean
Private Pool false
Building
Lot Description Street Light(s)
Story 2
Foundation Slab
Water Public
Architectural Style Cottage
Schools
School District Newport-Mesa Unified
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