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.
Single-familyProperty Type
2020Year Built
8,971 sq ftLot Size
$1,277Est. Price/Sq.Ft.
2 car garageParking
Listed by Rob Depaoli•DRE #01918925• Compass
Listed by Katelyn Richter•DRE #02053902• Compass
Contact: 310-896-5343
Bought with Justin Thomas•DRE #01933698• Beach City Brokers
Just steps from the bluffs of Palos Verdes you’ll find this picture perfect ocean view home by Louie Tomaro built in 2020 and completely redesigned and customized by the owner of Cailini Coastal in 2022, a locally based design firm for Coastal Cape Cod style decor. Featured nationally in House Beautiful Magazine and Mansion Global for its impeccable detail this is an absolutely stunning showpiece property. This home leaves nothing to be desired functionally with 5 beds, 5 baths, soaring vaulted ceilings, custom features throughout, and great backyard space on this 9000 SF lot. An open gourmet kitchen and living room leads you out through large doors opening along the back of the home to the spacious grassy backyard. There is a main level bedroom with ensuite bath tucked away, perfect for a home office or guest bedroom along with a dreamy wash room and separate powder bath. As you make your way upstairs you will 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 all of which will leave you speechless. Two car garage with epoxy floors and plenty of storage space for bikes, beach gear, etc. This home has everything you’ve been waiting for and much more! Located walking distance to the cliffs, shops, restaurants, hiking trails, and Palos Verdes High School. You won't want to miss this exceptional home!
CRMLS #PV20076061
Aug 7, 2020
Sold
$3,375,000
$873/sq ft
Aug 2, 2020
Pending
—
Jul 11, 2020
Contingent
—
Apr 21, 2020
Listed
$3,686,000
$953/sq ft
CRMLS #SB13066294
Apr 14, 2013
Listed
$1,275,000
$330/sq ft
Public Records
Sep 26, 2007
Sold
$1,240,000
$321/sq ft
CRMLS #V947801
Sep 27, 2007
Price Changed
$1,240,000
$321/sq ft
Sep 27, 2007
Sold
$1,240,000
$321/sq ft
Aug 22, 2007
Listing Removed
—
May 27, 2007
Listed
$1,275,000
$330/sq ft
CRMLS #S907718
Oct 12, 2005
Sold
$1,270,000
$328/sq ft
Aug 15, 2005
Listed
$1,299,900
$336/sq ft
Public Records
Mar 20, 1991
Sold
$495,000
$128/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$51,749 (+3.5%)
$2,533,540 + $2,066,794
$4,600,334
2024
$49,993 (+1.6%)
$2,483,863 + $2,026,269
$4,510,132
2023
$49,222 (+28.5%)
$2,435,160 + $1,986,539
$4,421,699
2022
$38,315 (+1.7%)
$2,387,412 + $1,947,588
$4,335,000
2021
$37,691 (+167.5%)
$1,530,000 + $1,912,500
$3,442,500
2020
$14,089 (−12.8%)
$1,500,000 + $1,875,000
$3,375,000
2019
$16,151 (−1.1%)
$1,175,000
2018
$16,325 (+4.4%)
$1,108,200 + $277,800
$1,386,000
2017
$15,633 (+9.4%)
$1,108,200 + $277,800
$1,386,000
2016
$14,285 (−0.3%)
$1,108,200 + $277,800
$1,386,000
2015
$14,330 (+11.7%)
$973,100 + $243,900
$1,217,000
2014
$12,832 (+9.7%)
$858,000 + $215,000
$1,073,000
2012
$11,697 (−10.4%)
$760,000 + $190,000
$950,000
2011
$13,053 (−0.9%)
$760,000 + $190,000
$950,000
2010
$13,176 (−2.0%)
$876,000 + $219,000
$1,095,000
2009
$13,445 (−6.7%)
$876,000 + $219,000
$1,095,000
2008
$14,409
$924,500 + $231,100
$1,155,600
Tax history for 2116 Chelsea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$51,749 (+3.5%)
$2,533,540 + $2,066,794
$4,600,334
2024
$49,993 (+1.6%)
$2,483,863 + $2,026,269
$4,510,132
2023
$49,222 (+28.5%)
$2,435,160 + $1,986,539
$4,421,699
2022
$38,315 (+1.7%)
$2,387,412 + $1,947,588
$4,335,000
2021
$37,691 (+167.5%)
$1,530,000 + $1,912,500
$3,442,500
2020
$14,089 (−12.8%)
$1,500,000 + $1,875,000
$3,375,000
2019
$16,151 (−1.1%)
$1,175,000
2018
$16,325 (+4.4%)
$1,108,200 + $277,800
$1,386,000
2017
$15,633 (+9.4%)
$1,108,200 + $277,800
$1,386,000
2016
$14,285 (−0.3%)
$1,108,200 + $277,800
$1,386,000
2015
$14,330 (+11.7%)
$973,100 + $243,900
$1,217,000
2014
$12,832 (+9.7%)
$858,000 + $215,000
$1,073,000
2012
$11,697 (−10.4%)
$760,000 + $190,000
$950,000
2011
$13,053 (−0.9%)
$760,000 + $190,000
$950,000
2010
$13,176 (−2.0%)
$876,000 + $219,000
$1,095,000
2009
$13,445 (−6.7%)
$876,000 + $219,000
$1,095,000
2008
$14,409
$924,500 + $231,100
$1,155,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
5
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
8,971 Sq. Ft.
Year renovated
2019
Sq. Ft.
3,868
Year built
2019
Style
Single Family Residential
County
Los Angeles County
APN
7542005005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
May 4, 2020 • Final
Public works
Grading
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
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside, Individual Room
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Baths (3/4): 3
Cooling Information
Zoned
Has Cooling
Room Information
Walk-In Closet, Primary Bedroom, Laundry, Office, Living Room, Main Floor Bedroom, Family Room, Primary Suite, Primary Bathroom
Fireplace Information
Living Room, Family Room
Has Fireplace
Heating Information
Zoned
Has Heating
Interior Features
Entry Level: 1
Entry Location: ground
Levels: Two
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot 6500-9999, Landscaped, Yard
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 7542005005
Total # of Stories: 2
Has View
Year Built Source: Assessor
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Biking, Sidewalks, Suburban
School Information
High School District: Palos Verdes Peninsula Unified
Location Information
Latitude: 33.77668600
Longitude: -118.42162800
Directions: PV Drive West to Yarmout, right on Chelsea
Public facts
Beds: 5
Baths: 6.0
Sq. Ft.: 3,868
Stories: —
Lot Size: 8,971 square feet
Style: Single Family Residential
Year Built: 2019
Year Renovated: 2019
County: Los Angeles County
APN: 7542005005
Home facts updated by county records on Oct 8, 2026
Other
Listing Information
IDX Contact Info: 310-896-5343
Listing Agent Information
List Agent First Name: Rob
List Agent Last Name: Depaoli
Co-List Agent First Name: Katelyn
Co-List Agent Last Name: Richter
Listing Office Information
List Office Name: Compass
Co-List Office Name: Compass
Selling Agent Information
Buyer Agent First Name: Justin
Buyer Agent Last Name: Thomas
Selling Office Information
Buyer Office Name: Beach City Brokers
Around this home
Schools
K - 12
Preschool & daycare
Lunada Bay Elementary School
Public K-5 • Assigned • 0.6mi
9/10
Palos Verdes Intermediate School
Public 6-8 • Assigned • 0.6mi
8/10
Palos Verdes High School
Public 9-12 • Assigned • 0.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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