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Welcome to one of the best-valued homes in one of the highest-valued locations available today on Balboa Island. Situated on one of the most desirable streets the Island has to offer, this custom home was built new in 2004 by Dennis Vitarelli, showcases an elevator to all three floors, provides an expansive roof deck, and much more. The home offers 3 bedrooms (third room is a large library or bonus room that could be converted into a bedroom, 3 baths, and a spacious loft on the third floor. 208 Emerald is ideally located on the Island’s quiet end, just a few doors from the Bayfront, and on a street with public dock access; making it one of the most intriguing and strong values available today. The open concept floorplan provides tall ceilings, great natural light, and fantastic detail: a great canvas for a buyer to come in and improve to their needs. This one won't last long!
Listing agent: Ryan Gunderson DRE #01869795 rmichaelgunderson@yahoo.com, Listing office: Abrams Coastal Properties
MLS data updated 10/23/2026, 2:35:07 AM PT
Source: CRMLS, MLS #: NP19216685
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 15, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92662 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.