This quintessential traditional home in the heart of Lower Lunada Bay sits on a stunning, oversized corner lot that’s a stone’s throw from the famed PV Cliffs and charming Lunada Bay Plaza. The curb appeal is stellar, and exemplifies a true home town feel. Upon entering, you are greeted with an open and spacious living room with an exquisite stacked stone fireplace with hearth, and French Doors that open onto the awesome backyard! This is the epitome of true indoor/outdoor living! The huge wrap around yard is very private and is a combination of beautiful landscaping and hardscaping! There’s a big grassy yard for the kids and pets to play, a stunning patio with a gorgeous built in fireplace and waterfall feature, fruit trees (lemon, lime, and tangerine), and a professionally installed putting green! The gourmet chef’s kitchen has been elegantly appointed with a 48” 6-burner Wolf range with Pro Wall Hood, Sub-Zero refrigerator with custom door panels, beautiful cabinetry, and granite counters to match the beautiful distressed cherry hardwood floors that are throughout the entire downstairs living area. Directly off the Kitchen is an open dining room and a large family room with soaring cathedral ceilings, fireplace with built-ins, and French doors that invite you onto the rear yard. The inviting dining room has beautiful built-in cabinetry with full wine fridge and an under the counter beverage fridge. This is such an amazing home for entertaining and family get togethers! Two of the bedrooms are on the entry level, one of which has an en suite full bathroom. There’s also a powder room & full laundry room on the main level, and there’s direct access to the garage. Upstairs are two very large bedrooms, both with vaulted ceilings. The huge primary bedroom has a beautifully remodeled bathroom, walk-in closet, & great view of the property and surrounding neighborhood. The second upstairs bedroom is another enormous room with built-in corner desk and TV cabinet, and it’s own remodeled ¾ bathroom (currently being used as an upstairs TV/family room). This home is walking distance to: Lunada Bay Elementary, Palos Verdes Intermediate, AND Palos Verdes High School, as well as the restaurants and shopping in Lunada Bay Plaza. You and your family can have a true sense of community living here, and can go to K-12 school with many familiar faces! Home was fully remodeled in 2010 including a new roof & Pella windows throughout. Don’t miss out on this perfect family home!
Single-familyProperty Type
1956Year Built
0.27 acresLot Size
$1,212Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Norman Lucas•DRE #01049036• Estate Properties
Contact: lucas@thelucasteam.com
Bought with Cari Corbalis•DRE #00850678• Vista Sotheby’s International Realty
FANTASTIC 12,500 SQ FT PROPERTY IN LOWER LUNADA BAY, ONE BLOCK FROM THE BAY! SITUATED ON ONE OF THE BEST CORNERS IN THE AREA, THIS 2 STORY CUSTOM HOME HAS 4 BEDROOMS AND 3 FULL BATHS, 2638+ SQ FT WITH LAUNDRY ROOM OFF THE GARAGE. THE NEW CUSTOM KITCHEN HAS BEAUTIFUL CABINETRY, "PETITE GRANIT" BLACK LIMESTONE COUNTERS AND CHEF'S RANGE & STAINLESS APPLIANCES. ENJOY WOOD FLOORS THROUGHOUT MUCH OF THE HOME AND DRAMATIC VAULTED CEILINGS IN THE FAMILY ROOM, AND UPSTAIRS BEDROOMS INCLUDING THE MASTER. PEEK-A BOO OCEAN VIEW FROM MASTER SUITE. IT ALSO HAS DOUBLE PANED WINDOWS. THE YARD IS LARGE ENOUGH FOR A POOL AND MORE. DON'T MISS THIS OPPORTUNITY TO GET THE PERFECT FAMILY HOME IN HIGHLY SOUGHT AFTER LOWER LUNADA WITHIN WALKING DISTANCE TO ELEMENTARY, MIDDLE AND HIGH SCHOOLS.
CRMLS #V12483
Jul 25, 1997
Sold
$665,000
$236/sq ft
Apr 22, 1997
Listed
$679,000
$241/sq ft
Public Records
May 27, 1997
Sold
$665,000
$236/sq ft
Public Records
Feb 16, 1984
Sold
$268,000
$95/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$38,440 (+60.7%)
$2,915,160 + $399,840
$3,315,000
2024
$23,921 (+1.8%)
$2,915,160 + $399,840
$3,315,000
2023
$23,507 (+5.2%)
$1,500,766 + $523,151
$2,023,917
2022
$22,353
$1,471,340 + $512,894
$1,984,234
2021
$22,354 (+1.3%)
$1,442,491 + $502,838
$1,945,329
2020
$22,057 (+3.0%)
$1,414,207 + $492,979
$1,907,186
2019
$21,410 (+0.8%)
$1,399,707 + $487,925
$1,887,632
2018
$21,248 (+7.3%)
$1,372,262 + $478,358
$1,850,620
2017
$19,799 (−1.1%)
$1,318,976 + $448,258
$1,767,234
2016
$20,023 (+1.0%)
$1,318,976 + $448,258
$1,767,234
2015
$19,815 (+1.5%)
$1,293,114 + $439,469
$1,732,583
2014
$19,523 (+1.0%)
$1,248,742 + $424,389
$1,673,131
2012
$19,325 (+3.6%)
$1,243,099 + $422,471
$1,665,570
2011
$18,659 (−0.1%)
$1,218,725 + $414,188
$1,632,913
2010
$18,681 (+76.6%)
$1,194,829 + $406,067
$1,600,896
2009
$10,579 (+4.5%)
$1,185,900 + $394,100
$1,580,000
2008
$10,128
$614,163 + $226,893
$841,056
Tax history for 2140 Chelsea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$38,440 (+60.7%)
$2,915,160 + $399,840
$3,315,000
2024
$23,921 (+1.8%)
$2,915,160 + $399,840
$3,315,000
2023
$23,507 (+5.2%)
$1,500,766 + $523,151
$2,023,917
2022
$22,353
$1,471,340 + $512,894
$1,984,234
2021
$22,354 (+1.3%)
$1,442,491 + $502,838
$1,945,329
2020
$22,057 (+3.0%)
$1,414,207 + $492,979
$1,907,186
2019
$21,410 (+0.8%)
$1,399,707 + $487,925
$1,887,632
2018
$21,248 (+7.3%)
$1,372,262 + $478,358
$1,850,620
2017
$19,799 (−1.1%)
$1,318,976 + $448,258
$1,767,234
2016
$20,023 (+1.0%)
$1,318,976 + $448,258
$1,767,234
2015
$19,815 (+1.5%)
$1,293,114 + $439,469
$1,732,583
2014
$19,523 (+1.0%)
$1,248,742 + $424,389
$1,673,131
2012
$19,325 (+3.6%)
$1,243,099 + $422,471
$1,665,570
2011
$18,659 (−0.1%)
$1,218,725 + $414,188
$1,632,913
2010
$18,681 (+76.6%)
$1,194,829 + $406,067
$1,600,896
2009
$10,579 (+4.5%)
$1,185,900 + $394,100
$1,580,000
2008
$10,128
$614,163 + $226,893
$841,056
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1970
Sq. Ft.
2,781
Year built
1956
Style
Single Family Residential
County
Los Angeles County
APN
7542005024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 4
Attached Garage
# of Garage Spaces: 2
Garage, Garage - Side Entry, Garage - Two Door, Off Street
Has Parking
# of Parking Spaces: 6
Interior
Laundry Information
Has Laundry
Gas Dryer Hookup, Individual Room
Kitchen Information
Appliances: 6 Burner Stove, Built In Range, Gas & Electric Range, Refrigerator, Self Cleaning Oven, Water Heater Unit
Has Appliances
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Baths (3/4): 3
Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower in Tub, Closet in bathroom, Double sinks in bath(s), Exhaust fan(s), Granite Counters, Main Floor Full Bath, Quartz Counters, Remodeled, Upgraded
Room Information
Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Separate Family Room, Walk-In Closet
Lot Features: Corner Lot, Landscaped, Lawn, Lot 10000-19999 Sqft, Lot Shape-Rectangular, Sprinkler System
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Direction Faces: West
Living Area Source: Taped
Parcel Number: 7542005024
Property Condition: Turnkey
Total # of Stories: 2
Has View
Year Built Source: Public Records
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: Private
Location
Neighborhood Information
Community Features: Biking
School Information
High School District: Palos Verdes Peninsula Unified
Location Information
Latitude: 33.77543200
Longitude: -118.42201600
Directions: PV Drive West, turn west on Yarmouth
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Public facts
Beds: 3
Baths: 5.0
Sq. Ft.: 2,781
Stories: —
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: 1970
County: Los Angeles County
APN: 7542005024
Home facts updated by county records on Aug 28, 2026
Other
Listing Information
IDX Contact Info: lucas@thelucasteam.com
Listing Agent Information
List Agent First Name: Norman
List Agent Last Name: Lucas
Listing Office Information
List Office Name: RE/MAX Estate Properties
Selling Agent Information
Buyer Agent First Name: Cari
Buyer Agent Last Name: Corbalis
Selling Office Information
Buyer Office Name: Vista Sotheby’s International Realty
Around this home
Schools
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 • 0.3mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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