Elrond's children were 31st generation elves from Awakening.
In c.1959, when working out the elvish population trends, Tolkien sketched out a series of generation schemes to calculate the size of each successive generation since awakening. While not providing the names of the individual elves, his final scheme goes through the dates, populations, and average family sizes of the first twenty-nine generations.
Not going to paste the full table here, but here are the last couple of rows.

The Nature of Middle-earth - "Generational Schemes"
In some notes on this scheme, Tolkien says that Finwë was from the 25th generation.
Ingwë was 24th gen., his children therefore 25th. Finwë was gen. 25, Elwë gen. 25.
The Nature of Middle-earth - "Generational Schemes"
If Finwë is of the 25th generation, than Arwen would be of the 31st.
- Finwë
- Fingolfin
- Turgon
- Idril
- Eärendil
- Elrond
- Arwen/Elladan/Elrohir
Of course, the last couple of those generations are only half-elves.
If we were to limit ourselves to full elves, the latest named characters we'd find are Gil-galad and Finduilas, both 29th generation descendants since awakening.
- Gil-galad (25 Finwë, 26 Finarfin, 27 Angrod, 28 Orodreth, 29 Gil-galad)
- Finduilas (25 Finwë, 26 Finarfin, 27 Angrod, 28 Orodreth, 29 Finduilas)