16 days on rocket

2116 Chelsea Rd, Palos Verdes Estates, CA, 90274

$4,795,000

5 Bedrooms
4 Full Baths, 1 Partial
3,868 SqFt
$1,240/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage
Attached Garage2 spaces
Year Built2020
HeatingZoned
CoolingZoned
FireplaceFamily Room, Living Room
ViewNeighborhood, Ocean, Water
MLS #SB24081862
Lot Size0.21 Acres
StatusActive

About 2116 Chelsea Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2020
  • Stories: 2
  • Living Area: 3,868 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 896-5343
  • Listing Agent: Rob Depaoli

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Gas Range, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Balcony, High Ceilings, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood, Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: PV Drive West to Yarmout, right on Chelsea

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,795,000
  • Price Per SqFt: $1,240/SqFt

Tax Information:

  • Annual Amount: $37,691
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palos Verdes Estates, CA.

Med. Sold Price

$2.6M

Med. Price/SqFt

$1,039

Avg. Days On Market

17

# of Sold Homes

15

2116 Chelsea Rd vs Palos Verdes Estates

16 DAYS ON ROCKET

-1 Day

$4,795,000

+$2.1M More

$1,240/SqFt

+$200 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $200/SqFt more than other homes in Palos Verdes Estates, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24081862

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 896-5343
  • Listing Agent: Rob Depaoli

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 2:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2020Home Sold
$3,375,000
Sep 26, 2007Home Sold
$1,240,000
Oct 14, 2005Home Sold
$1,270,000
Mar 20, 1991Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2021$37,691$3,375,000
2020$16,150$1,175,000
2019$16,325$1,386,000
2018$15,633$1,386,000
2017$15,633$1,386,000

History based on county public records data.

Payment Calculator

$23.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2007923
9
/10
  • Lunada Bay Elementary School

  • 520 Paseo Lunado

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-2007924
9
/10
  • Vista Grande Elementary School

  • 7032 Purple Ridge Dr

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-2007925
7
/10
  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 1.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $174,432. Most Palos Verdes Estates, CA residents have annual incomes $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2116 Chelsea Rd

What is the listing price of this property?

The listing price of 2116 Chelsea Rd property is $4,795,000.

What type of property is this?

The property 2116 Chelsea Rd is a house located in Palos Verdes Estates, California, 90274.

Is this property for sale now?

Active Listing: 2116 Chelsea Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $37,691 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2020 for $3,375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2116 Chelsea Rd has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 2116 Chelsea Rd is 3,868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2116 Chelsea Rd is 2020.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates902742116 Chelsea Rd

This home is located at 2116 Chelsea Rd in Palos Verdes Estates, CA and zip code 90274 in the Lunada Bay / Margate neighborhood. This 3,868 square foot home, which was built in 2020, sits on a 0.21 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $4,795,000.

Over 6 listings were sold over their listed price in April 2024 in Palos Verdes Estates, CA. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Palos Verdes Estates, CA increased by 9.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 17 days, the median list price was $2,640,000.

From Rocket Homes Real Estate and based on county public records data.

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