Indulge in a new level of luxury with this stunning estate that offers sweeping views of Santa Monica Bay and the twinkling lights of downtown LA. This single-story gorgeous home will impress you from the moment you step into the foyer. From here, you are drawn into the open-plan living space that includes a dining area set under a glistening chandelier. There are walls of windows that frame the shimmering ocean views plus beamed ceilings and an oversized brick fireplace for those cooler nights. A cozy library is warmed by another fireplace and also enjoys views over the cheerful garden and out to the ocean, while the kitchen offers a dishwasher, gas cooking, tile countertops, and a brick feature wall. This single-story floorplan also includes a game room as well as large and comfortable bedrooms, while some of the extra features include oak hardwood floors and plenty of original details that add an abundance of character. The 24,000 sq ft lot provides a large yard that includes lush gardens and a swimming pool set on the lower terrace. The sun-soaked outdoor space is the perfect area to take in those views from Century City to Santa Monica and beyond, making this an idyllic hideaway for those wanting a life of leisure and daily doses of the Pacific Ocean. Come take a tour and experience it all for yourself!
Single-familyProperty Type
1950Year Built
0.55 acresLot Size
$1,626Est. Price/Sq.Ft.
2 car garageParking
Listed by Leonard LaRocca•DRE #01401046• Vista Sotheby’s International Realty
Listed by Teodora Panayotova•DRE #01715774• Vista Sotheby’s International Realty
Bought with David Caskey•DRE #01198999• Strand Hill Christies International Real Estate
Bought with Kurt Allen•DRE #01005087• Strand Hill Properties
Source:CRMLS #SB20208647
Redfin Estimate
$4,969,183
$969K since sold in January 2023$41K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 78% higher than the average sale price ($2.79M) of 6 comparable homes.
Indulge in a new level of luxury with this stunning estate that offers sweeping views of Santa Monica Bay and the twinkling lights of downtown LA. This single-story gorgeous home will impress you from the moment you step into the foyer. From here, you are drawn into the open-plan living space that includes a dining area set under a glistening chandelier. There are walls of windows that frame the shimmering ocean views plus beamed ceilings and an oversized brick fireplace for those cooler nights. A cozy library is warmed by another fireplace and also enjoys views over the cheerful garden and out to the ocean, while the kitchen offers a dishwasher, gas cooking, tile countertops, and a brick feature wall. This single-story floorplan also includes a game room as well as large and comfortable bedrooms, while some of the extra features include oak hardwood floors and plenty of original details that add an abundance of character. The 24,000 sq ft lot provides a large yard that includes lush gardens and a swimming pool set on the lower terrace. The sun-soaked outdoor space is the perfect area to take in those views from Century City to Santa Monica and beyond, making this an idyllic hideaway for those wanting a life of leisure and daily doses of the Pacific Ocean. Come take a tour and experience it all for yourself!
Year
Property tax
Land + Additions
Assessment*
2025
$47,837 (+3.3%)
$3,329,280 + $832,320
$4,161,600
2024
$46,289 (+11.1%)
$3,329,280 + $832,320
$4,161,600
2023
$41,670 (+5.3%)
$3,264,000 + $816,000
$4,080,000
2022
$39,570
$2,705,040 + $936,360
$3,641,400
2021
$39,555 (+879.2%)
$2,652,000 + $918,000
$3,570,000
2020
$4,040 (+2.0%)
$2,600,000 + $900,000
$3,500,000
2019
$3,959 (+4.6%)
$105,341 + $131,124
$236,465
2018
$3,784 (+36.2%)
$103,276 + $128,553
$231,829
2017
$2,779 (−22.1%)
$99,266 + $123,562
$222,828
2016
$3,565 (+1.3%)
$99,266 + $123,562
$222,828
2015
$3,519 (+1.1%)
$97,320 + $121,140
$218,460
2014
$3,479 (−0.6%)
$93,982 + $116,984
$210,966
2012
$3,499 (+3.6%)
$93,558 + $116,456
$210,014
2011
$3,377 (−0.2%)
$91,724 + $114,173
$205,897
2010
$3,383 (+1.9%)
$89,926 + $111,935
$201,861
2009
$3,321 (−6.3%)
$89,254 + $111,099
$200,353
2008
$3,542
$89,467 + $111,363
$200,830
Tax history for 1505 Chelsea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$47,837 (+3.3%)
$3,329,280 + $832,320
$4,161,600
2024
$46,289 (+11.1%)
$3,329,280 + $832,320
$4,161,600
2023
$41,670 (+5.3%)
$3,264,000 + $816,000
$4,080,000
2022
$39,570
$2,705,040 + $936,360
$3,641,400
2021
$39,555 (+879.2%)
$2,652,000 + $918,000
$3,570,000
2020
$4,040 (+2.0%)
$2,600,000 + $900,000
$3,500,000
2019
$3,959 (+4.6%)
$105,341 + $131,124
$236,465
2018
$3,784 (+36.2%)
$103,276 + $128,553
$231,829
2017
$2,779 (−22.1%)
$99,266 + $123,562
$222,828
2016
$3,565 (+1.3%)
$99,266 + $123,562
$222,828
2015
$3,519 (+1.1%)
$97,320 + $121,140
$218,460
2014
$3,479 (−0.6%)
$93,982 + $116,984
$210,966
2012
$3,499 (+3.6%)
$93,558 + $116,456
$210,014
2011
$3,377 (−0.2%)
$91,724 + $114,173
$205,897
2010
$3,383 (+1.9%)
$89,926 + $111,935
$201,861
2009
$3,321 (−6.3%)
$89,254 + $111,099
$200,353
2008
$3,542
$89,467 + $111,363
$200,830
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Jul 16, 2025 • Final
Mechanical - residential
HVAC
Feb 21, 2024 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Type: Central
Exterior
Pool Information
Has Pool
Property Information
Subdivision Name: 7140
Living Sq. Ft: 3,056
# of Units: 1
Legal Description: TRACT # 7140 THAT PART SW OF A LINE PARALLEL WITH AND DIST SW AT R/A 20 FT FROM NE LINE OF LOT 14 AND ALL OF LOT 15 AND NE 30 FT MEASURED AT R/A TO NE LINE OF LOT 16
Lot Information
# of Buildings: 1
Land Sq. Ft: 23,966
Legal Lot Number: 16
Legal Block Number: 1350
Municipality Name: PALOS VRD E
Acres: 0.5502
Depth Footage: 160
Front Footage: 123
Zoning Code: PVR1*
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,056
Stories: —
Lot Size: 0.55 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1954
County: Los Angeles County
APN: 7541007014
Home facts updated by county records on Aug 28, 2026
Around this home
Schools
Lunada Bay Elementary School
Public K-5 • Assigned • 1.2mi
9/10
Palos Verdes Intermediate School
Public 6-8 • Assigned • 0.7mi
8/10
Palos Verdes High School
Public 9-12 • Assigned • 0.5mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 86° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Palos Verdes Estates, CA • 90274
Average low and high temperatures (°F)
68
50
68
52
69
54
69
54
70
56
73
60
74
61
81
64
78
63
74
58
68
53
66
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.72M – $5.72M
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