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Sold for $4,950,000
  • Listing Provided by: Compass
    Bought with: Beach City Brokers
    $4,950,000

    2116 Chelsea Rd, Palos Verdes Peninsula, CA 90274

    5beds
    3,868sqft
    Single Family Residence
    Built in 2020
    8,971 Square Feet Lot
    $4,951,700 Zestimate®
    $1,280/sqft
    $17,322 Estimated rent

    Home value

    $4,951,700

    $4.51M - $5.45M

    $17,322/mo

    Zestimate® history
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    What's special

    Entered for comp purposes! In the tranquil streets of Lunada Bay Margate, along the westside of Palos Verdes Estates, is home to some of the most extravagant estates in California. Just steps from the bluffs of Paseo Del Mar, we present to you a picture-perfect ocean view home by Louie Tomaro built in 2020, and redesigned and customized in 2022 by the owner of Cailini Coastal, a locally based design firm for Coastal Cape Cod style decor. A stunning showpiece property featured nationally in House Beautiful Magazine and Mansion Global for its impeccable detail. This residence offers 5 beds, 5 baths, magnificent vaulted ceilings, bespoke details throughout, and an expansive backyard space on a ~9000 SF lot. The gourmet kitchen and living room create a lavish sanctuary where indoor opulence merges with outdoor tranquility. The main level consists of a bedroom tucked away with an ensuite bath, perfect for guests or a home office, along with a wash room and separate powder bath. Make your way upstairs to find four additional generously sized bedrooms including the ocean view primary suite. Primary suite features a fully customized spa like bath with dual sinks, soaking tub with separate shower and a large walk-in closet. A two-car garage with epoxy floors and plenty of storage space for bikes, beach gear, and other. This home has it all. Located walking distance to the cliffs, shops, restaurants, hiking trails, and Palos Verdes High School.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Rob Depaoli DRE #01918925 310-896-5343,

    Compass,

    Katelyn Richter DRE #02053902,

    Compass

    Bought with:

    Justin Thomas, DRE #01933698

    Beach City Brokers

    Source: CRMLS,MLS#: SB26087383MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Zoned
    Cooling
    • Zoned
    Appliances
    • Laundry: Inside, Laundry Room
    Features
    • Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,868 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 8,971 sqft
    • Features: Landscaped, Yard
    Details
    • Parcel number: 7542005005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Suburban, Sidewalks
    Location
    • Region: Palos Verdes Peninsula

    Other

    Other facts
    • Listing terms: Submit

    Price history

    DateEventPrice
    4/22/2026Sold$4,950,000+16.5%$1,280/sqft
    Source: CRMLS #SB26087383 Report a problem
    3/24/2022Sold$4,250,000+6.3%$1,099/sqft
    Source: Public Record Report a problem
    3/7/2022Pending sale$3,999,000$1,034/sqft
    Source: CRMLS #SB22026141 Report a problem
    2/24/2022Contingent$3,999,000$1,034/sqft
    Source: CRMLS #SB22026141 Report a problem
    2/16/2022Listed for sale$3,999,000+18.5%$1,034/sqft
    Source: CRMLS #SB22026141 Report a problem
    8/7/2020Sold$3,375,000-8.4%$873/sqft
    Source: CRMLS #PV20076061 Report a problem
    7/11/2020Pending sale$3,686,000$953/sqft
    Source: West Shores Realty, Inc. #PV20076061 Report a problem
    4/21/2020Listed for sale$3,686,000+189.1%$953/sqft
    Source: West Shores Realty, Inc. #PV20076061 Report a problem
    2/13/2016Listing removed$4,000$1/sqft
    Source: Keller Williams - Palos Verdes #PV16007587 Report a problem
    1/14/2016Listed for rent$4,000$1/sqft
    Source: Keller Williams Palos Verdes #PV16007587 Report a problem
    5/23/2013Listing removed$1,275,000$330/sqft
    Source: RE/MAX Estate Properties #SB13066294 Report a problem
    4/15/2013Listed for sale$1,275,000+2.8%$330/sqft
    Source: RE/MAX Estate Properties #SB13066294 Report a problem
    9/26/2007Sold$1,240,000-2.4%$321/sqft
    Source: Public Record Report a problem
    10/14/2005Sold$1,270,000$328/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$51,749 +3.5%$4,510,132 +2%
    2024$49,993 +1.6%$4,421,699 +2%
    2023$49,222 +4.8%$4,335,000 +25.9%
    2022$46,965 +24.6%$3,442,500 +2%
    2021$37,691 +167.5%$3,375,000 +187.2%
    2020$14,089 $1,175,000 -15.2%
    2019$14,089 -13.7%$1,386,000
    2018$16,325 $1,386,000
    2017$16,325 +4.4%$1,386,000 +13.9%
    2016$15,633 +9.4%$1,217,000
    2015$14,285 +11.3%$1,217,000 +13.4%
    2014$12,833 $1,073,000 +12.9%
    2012-- $950,000 -13.2%
    2011-- $1,095,000
    2010-- $1,095,000 -5.2%
    2009-- $1,155,600 -6.8%
    2008-- $1,240,000 -4.3%
    2007-- $1,295,400 +2%
    2006-- $1,270,000 +94.4%
    2005-- $653,336 +4%
    2004-- $627,967 +1.9%
    2003-- $616,459 +2%
    2002-- $604,372 +13.6%
    2000-- $532,000

    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,951,700
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    Estimated market value
    $4,951,700