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Open: Sun 2pm-5pm
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 views from living room, dining room, kitchen, primary bedroom, and expansive primary bedroom deck. The newly remodeled kitchen features new quartz countertops, a matching quartz backsplash, updated cabinetry, stainless steel appliances, and new wide-plank flooring which runs throughout the home. Updated bathrooms, copper plumbing, fresh interior and exterior paint, along with updated light fixtures, complete the turnkey feel throughout. A standout feature is the 500+ sqft private, soundproofed recording studio, flexible enough to serve as a media room, dance studio, or creative workspace. A separate detached 3-car garage sits just off the courtyard, and a freshly resurfaced driveway. Outside, the pool anchors a backyard built for entertaining. Located within the highly desirable Palos Verdes School District, The Dreamweaver Estate sits minutes from Malaga Cove Plaza, coastal hiking trails, and the scenic drives that define Palos Verdes Estates. A rare opportunity to own a home with a story, in one of the South Bay's most sought-after communities.

80 days
|
1,549
|
91
|
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: $444,390
  • Date on market: 7/16/2026
  • Cumulative days on market: 80 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

Public tax history

YearProperty taxesTax assessment
2026-- $444,390 +2%
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
$27,690/mo
Principal & interest
$23560
Property taxes
$4130
More affordability toolsChevron Right

Estimated market value

$4,051,800

$3.85M - $4.25M

Not available

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 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
8/10
Palos Verdes Intermediate School
Grades 6-8 • 1.8 miles
8/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
5/10
Palos Verdes Peninsula High School
Grades 9-12 • 1.3 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
College Readiness Rating
10/10

Open house

  • Sun, Oct 4

    2:00 PM - 5:00 PM

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