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, 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.
The income description goes here to explain
| List Price | $3,695,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 904 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 2001 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 05017210 |
| MLS # | NP25265161 |
| Property ID | 322417072 |
| Lot Sqft | 1,050 |
| Zoning | Unknown |
| Total Units | 1 |
| Days on Market | 146 |
| Original List Price | $3,695,000 |
| Applicances | Built-In Range,Convection Oven,Dishwasher,Freezer,Disposal,Microwave,Refrigerator,Tankless Water Heater,Dryer,Washer% |
| Date Updated | January 23, 2026 |
| Date Created | September 15, 2025 |
Courtney Hackbarth an agent of . Lic #02080832
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 23, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT