104 Onyx Avenue, Newport Beach, California 92662, Newport Beach, 92662 - 2 bed, 2 bath

104 Onyx Avenue, Newport Beach, California 92662 home-pic-0
ACTIVE$3,795,000
104 Onyx Avenue, Newport Beach, California 92662
2Beds
2Baths
904Sqft
1,050Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Waterfront-Adjacent Location: Located just steps from the South Bayfront and 16 steps to the sand, with convenient access to Marine Avenue's village center, offering unparalleled Balboa Island living.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1050, living area = 904.

Compared to the nearby listings

Price:$3.79M vs avg $4.11M ($-317,500)45%
Size:904 sqft vs avg 2,026.5 sqft5%
Price/sqft:$4.2K vs avg $2.3K90%

More Insights

Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone an extensive and recent high-quality renovation, as evidenced by the description of 'designer touches inside and out.' The kitchen is explicitly stated to be 'modern' with 'top-of-the-line appliances including a Wolf range' and an 'angled farmhouse sink,' indicating virtually new, premium components. The presence of 'new interior wood paneling' and 'hard floors throughout' further supports a comprehensive update. The overall condition reflects a property that has been brought to current quality standards with no deferred maintenance, making it feel like a newly renovated home.
Year Built
1924
Close
-
List price
$3.79M
Original List price
$3.6M
Price/Sqft
$4,198
HOA
-
Days on market
-
Sold On
-
MLS number
NP25089768
Home ConditionExcellent
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.

Condition Rating
Excellent

Despite being built in 1924, this property has undergone an extensive and recent high-quality renovation, as evidenced by the description of 'designer touches inside and out.' The kitchen is explicitly stated to be 'modern' with 'top-of-the-line appliances including a Wolf range' and an 'angled farmhouse sink,' indicating virtually new, premium components. The presence of 'new interior wood paneling' and 'hard floors throughout' further supports a comprehensive update. The overall condition reflects a property that has been brought to current quality standards with no deferred maintenance, making it feel like a newly renovated home.
Pros & Cons

Pros

Prime Waterfront-Adjacent Location: Located just steps from the South Bayfront and 16 steps to the sand, with convenient access to Marine Avenue's village center, offering unparalleled Balboa Island living.
Rare Short-Term Rental License: Possession of a rare short-term rental license provides significant income potential and investment flexibility.
Stunning Harbor Views: The property boasts stunning views of the Newport Harbor and Bay, enhancing its aesthetic appeal and value.
Extensive Modern Remodel: Recently remodeled and upgraded with designer touches, including a modern kitchen with top-of-the-line Wolf appliances, new interior wood paneling, and hard floors throughout.
Charming & Versatile Layout: Retains its original 1924 charm while offering contemporary conveniences, including Dutch doors to a spacious entertaining deck and a private upstairs suite with its own kitchenette.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1050, living area = 904.
Compact Size: With 904 sqft of living space on a 1050 sqft lot, the property is relatively compact, which may not suit buyers seeking larger living areas or outdoor space.
Exterior Access to Second Bedroom: The upstairs bedroom is accessed via an exterior staircase, which could be perceived as less convenient or private for some occupants, especially in adverse weather.
Age of Original Structure: Built in 1924, despite extensive remodeling, the underlying older structure may present unique maintenance considerations or require specific insurance compared to newer constructions.

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