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 a
MLS #
CRNP25265161
MLS Source
California Regional MLS
Days on Site
6
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Kitchen
Other
Appliances
Dishwasher, Freezer, Garbage Disposal, Microwave, Other, Oven Range - Built-In, Refrigerator, Dryer, Washer
Dining Room
Breakfast Nook
Fireplace
None
Cooling
Ceiling Fan, None
Heating
Baseboard
Roof
Metal
Foundation
Slab
Pool
None
Style
Cottage
Garage/Parking
Garage: 0 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
104 Onyx Ave is a Single Family Residence in Newport Beach, CA 92662. This 904 square foot property sits on a 1,050 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $3,695,000 and was built in 2001. This address can also be written as 104 Onyx Ave, Newport Beach, CA 92662.
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This listing information is up-to-date as of December 01, 2025. For the most current information, please contact Courtney Hackbarth