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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#: SB26142697MLS LogoOriginating 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#: SB26142697MLS LogoOriginating 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

DateEventPrice
7/17/2026Listed for sale$4,200,000$1,002/sqft
Source: CRMLS #SB26142697 Report a problem

Public tax history

YearProperty taxesTax 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
More affordability toolsChevron Right

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-50.4 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
8/10
Palos Verdes Intermediate School
Grades 6-81.8 miles
8/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
5/10
Palos Verdes Peninsula High School
Grades 9-121.3 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
College Readiness Rating
10/10