104 Onyx Avenue, Newport Beach, California 92662, Newport Beach, - bed, bath

home-pic
ACTIVE$3,795,000
104 Onyx Avenue, Newport Beach, California 92662
2Beds
2Baths
904Sqft
1,050Lot
Year Built
1924
Close
-
List price
$3.79M
Original List price
$3.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25089768
Home ConditionGood
Features
Excellent View: Bay
Deck
ViewBay

About this home

Once-in-a-lifetime opportunity to purchase a sensational home, just steps from the South Bayfront, with a rare short-term rental license. The gorgeous 2 bedroom, 2 bath home has been remodeled and upgraded with designer touches inside and out. Two stories, with stunning views of the Newport Harbor, this home has all the conveniences of a contemporary residence while retaining the charm of its original structure, built in 1924. The modern kitchen has an angled farmhouse sink, top-of-the-line appliances including a Wolf range, and fantastic Bay views. Dutch doors open onto the spacious deck, perfect for entertaining with a BBQ and ample seating. Both bedrooms have abundant built-in storage and custom closets. The upstairs bedroom is entered via an exterior staircase, functioning as a private suite with its own kitchenette. Additional amenities include new interior wood paneling, hard floors throughout, and private laundry. Sixteen steps to the sand and conveniently located one block from the quaint village center on Marine Avenue, this charming home is the perfect slice of Balboa Island life.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds23
17%
Baths23
39%
Square foot9042,138
6%
Lot Size1,0502,550
6%
Price$3.79M$4.2M
44%
Price per square foot$4,198$2,496.5
89%
Built year19249795983
6%
HOA
Days on market195167
78%
Condition Rating
Good

The property, built in 1924, has been remodeled with designer touches. The kitchen features modern appliances like a Wolf range and an angled farmhouse sink. The bathrooms appear updated. The listing mentions new interior wood paneling and hard floors throughout. While the property retains its original charm, the updates suggest a renovation within the last 15 years, placing it in good condition.
Pros & Cons

Pros

Prime Location: Located steps from the South Bayfront and one block from Marine Avenue's village center, offering convenient access to amenities and the beach.
Short-Term Rental License: Rare short-term rental license provides excellent income potential and flexibility for owners.
Remodeled and Upgraded: The home has been remodeled with designer touches, featuring a modern kitchen with top-of-the-line appliances and custom closets.
Stunning Bay Views: Offers stunning views of Newport Harbor from the kitchen and deck, enhancing the property's appeal and value.
Unique Private Suite: Upstairs bedroom functions as a private suite with its own kitchenette, accessible via an exterior staircase, offering flexibility and privacy.

Cons

Small Square Footage: At 904 sqft, the property may feel small for some buyers, especially considering the price point.
Limited Parking: Parking can be challenging on Balboa Island, and the listing doesn't specify dedicated parking, which could be a deterrent for some buyers.
Price Increase: The list price has increased from the original list price, which may deter some buyers.

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