1992 Honda NSR250 MC21

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Reserve price has not been met.

Auction Ends In:

Ends At: July 16, 2026 10:00 am PDT

This auction is under proxy bidding.

2026-07-16 09:50:00 2026-07-16 10:00:00 America/Los_Angeles 1992 Honda NSR250 MC21 🇨🇾 Limassol, Zakaki, Cyprus - A street-legal race replica born from Honda's GP dominance, this 1992 Honda NSR250 MC21 is a rare grey-market survivor showing just 4,055 miles, one of the most coveted quarter liter two strokes of its era. https://iconicmotorbikeauctions.com/auction/1992-honda-nsr250-mc21/ Iconic Motorbike Auctions concierge@iconicmotorbikes.com

In the mid-to-late 1980s, the small-displacement race replica market in Japan was booming. Legions of bright-eyed young riders were lining up to fork over their hard-earned yen for competition-derived road-legal runners like Yamaha’s TZR250, Kawasaki’s KR-1, and Suzuki’s RGV250. Manufacturers on the island were battling it out on the race track and in showrooms in an ongoing arms race to produce the most trick race bike for the streets. In 1985, Honda launched the NS250R MC11, laying the foundation for its line of quarter-liter oil-burners that followed.

The NS featured a box-section aluminum frame and swingarm, disc brakes, full GP-style bodywork inspired by Honda’s RS250R factory race bike, Honda’s Astralight rims, and a liquid-cooled, 249cc, 90-degree V-Twin engine, two-stroke engine that made 45 hp (at 9,500 rpm) and utilized the ATAC (automatically-controlled torque amplification chamber) power-valve system. Constant competition led to quick improvements in the model line, leading to the MC21 generation that was unveiled in 1990. Timing of the RC Valves were now controlled by a PGM-III ECU, it featured the iconic Gull-Arm swingarm, close-ratio gearbox, and smaller wheel diameters (18″ to 17″).

In 1991, Honda split the base and SP models of the NSR250R with the introduction of the SE (Super Edition) model. They had all of the SP goodies (dry clutch, adjustable suspension, special livery) except for the magnesium wheels.

This example is VIN: MC21-1067282.

During their ownership, the seller has covered 0 miles. The odometer shows 4,050 miles.

I bought as a swap with another bike

Maintenance:
The seller states: “This bike needs zero maintenance.

Mechanical Issues:
The seller states “There are no know mechanical issues.

Modifications:
According to the seller, the bike has a mapping on it.

Aftermarket grips and bar ends.

Front turn signals removed, polished fork legs.

Polini exhaust

Steering stabiliser.

Inside of the tank:

It is riding on Pirelli Supercorsa tires with date codes of 5224.

The sale includes 1 ignition key.

Cosmetic Blemishes: please see the album in the “Photos” tab for all known cosmetic blemishes. Here is a selection:


[PHOTO:blemish-4]

Currently located in Limassol, Zakaki, this Honda is offered on a Bill Of Sale and local ownership documents.

Have any NSR250 MC21 stories or questions about this listing? Let us know in the “Comments” tab!

Additional Information

Location

Limassol, Zakaki, Cyprus

Year

1992

Make

Honda

Model

NSR250 MC21

Mileage

4,050

VIN

MC211067282

Title

Clean

Title State/Country

Cyprus

Private Party/Dealership

Private Party

Additional Charges

No

Total Bids Placed:

Auction started July 9, 2026 7:02 am PDT
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Iconic Motorbike Auctions
1992 Honda NSR250 MC21
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