For sale
$4,200,000
5beds
4,191sqft
988 Via Rincon, Palos Verdes Estates, CA 90274
5beds
4,191sqft
Single family residence
Built in 1959
0.34 Acres
3 Garage spaces
$1,002 price/sqft
What's special
Welcome to The Dream Weaver Estate, the former home of Grammy-nominated recording artist Gary Wright, best known for his multi-platinum hit "Dream Weaver." This 5-bedroom, 4-bathroom incredibly private estate sits on a corner lot of nearly 15,000 square feet in Palos Verdes Estates, with city lights, mountain, and downtown Los Angeles ...
- 25 days |
- 3,266 |
- 118 |
Source: CRMLS,MLS#: SB26142697
Originating MLS: California Regional MLS
Travel times
Backyard & Pool
Drone
Living Room
Kitchen
Dining Room
Family Room
Primary Bedroom
Primary Bathroom
Bedrooms
Bathrooms
Foyer
Recording Studio
Zillow last checked:
Listing updated:
Listed by:
Ben Larson DRE #01746853 310-400-0536,
Real Brokerage Technologies, Inc.
Source: CRMLS,MLS#: SB26142697
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Art Studio, Bonus Room, Den, Dance Studio, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Other, Sound Studio, Dining Room
Bathroom
- Features: Bathtub, Dual Sinks, Quartz Counters, Remodeled, Separate Shower, Tub Shower
Family room
- Features: Separate Family Room
Kitchen
- Features: Kitchen Island, Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- None
Appliances
- Included: 6 Burner Stove, Double Oven, Dishwasher, Refrigerator, Range Hood
- Laundry: Inside
Features
- Beamed Ceilings, Breakfast Bar, Separate/Formal Dining Room, High Ceilings, Quartz Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)
- Flooring: Wood
- Doors: French Doors
- Has fireplace: Yes
- Fireplace features: Dining Room, Family Room, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,191 sqft
Property
Parking
- Total spaces: 9
- Parking features: Driveway, Garage, Oversized
- Garage spaces: 3
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: First
- Has private pool: Yes
- Pool features: In Ground, Private
- Has view: Yes
- View description: City Lights, Mountain(s), Panoramic
Lot
- Size: 0.34 Acres
- Features: Back Yard, Corner Lot, Landscaped
Details
- Parcel number: 7545003010
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Copper Plumbing
- Roof: Spanish Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Features: Suburban
Location
- Region: Palos Verdes Estates
Financial & listing details
- Price per square foot: $1,002/sqft
- Tax assessed value: $435,677
- Annual tax amount: $7,546
- Date on market: 7/16/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $4,200,000$1,002/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,546 +7.5% | $435,677 +2% |
| 2024 | $7,021 +2.6% | $427,135 +2% |
| 2023 | $6,844 +4% | $418,761 +2% |
| 2022 | $6,583 -0.1% | $410,551 +2% |
| 2021 | $6,587 +1.2% | $402,502 +1% |
| 2020 | $6,510 | $398,376 +2% |
| 2019 | $6,510 +5.4% | $390,565 +2% |
| 2018 | $6,179 | $382,908 +2% |
| 2017 | $6,179 +26.3% | $375,401 +2% |
| 2016 | $4,893 -15.9% | $368,041 +1.5% |
| 2015 | $5,815 +2.7% | $362,514 +2% |
| 2014 | $5,664 | $355,414 +2.5% |
| 2012 | -- | $346,873 +2% |
| 2011 | -- | $340,072 +0.8% |
| 2010 | -- | $337,531 -0.2% |
| 2009 | -- | $338,334 +2% |
| 2008 | -- | $331,701 +2% |
| 2007 | -- | $325,198 +2% |
| 2006 | -- | $318,822 |
| 2005 | -- | $318,822 +4% |
| 2004 | -- | $306,443 +1.9% |
| 2003 | -- | $300,828 +2% |
| 2002 | -- | $294,931 +4% |
| 2000 | -- | $283,481 |
Find assessor info on the county website
Monthly payment
Est. payment
$25,160/mo
Principal & interest
$21030
Property taxes
$4130
Estimated market value
$4,036,100
$3.83M - $4.24M
$7,037/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 90274
Nearby schools
Montemalaga Elementary School
Grades K-5 • 0.4 miles9/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
8/10Palos Verdes Intermediate School
Grades 6-8 • 1.8 miles8/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
5/10Palos Verdes Peninsula High School
Grades 9-12 • 1.3 miles10/10
GreatSchools® Rating
Test Score Rating
10/10College Readiness Rating
10/10