As new as you can get. Purchased from Oppo US directly. Never shipped. Original manufacturer's double boxes. Smoke free, pet free, and children free. (7/30/19: added more photos including the one showing unused remote, batteries, and power cords. Not they are the most critical but another piece of evidence to show every item big or small is in mint or even unused condition.)
Very lightly used as a DAC in my stereo only setup and the transport is barely used. After I purchased it, I compared it against 4 other DAC's. 205 and Sonica (both have the same DAC chip) are the best. Don't just take my word for it. Check the reviews including the measurement done by Audio Science Review. I am now using Sonica as DAC/Streamer and my 205 is sitting idle. This is one of the last pieces I am selling out of my collection as I will be moving to a much smaller living space. I still have my 105 for Blu-ray and video streaming.