For sale · Active

988 Via Rincon

Palos Verdes Estates, CA 90274

$4,200,000
Bedrooms & bathrooms5 Beds • 4 Baths
Living area4,191 Sq Ft
Lot size0.3357 acres
Property typeSingle Family Residence
View map ↗

Listing broker / agent: Real Brokerage Technologies, Inc. · Ben Larson · 310-400-0536 · CRMLS

MLS # SB26142697 · Last checked Oct 19, 2026 20:57 UTC

About this property

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.

Property details

MLS number
SB26142697
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
5 Beds • 4 Baths
Living area
4,191 Sq Ft
Lot size
0.3357 acres
County
Los Angeles
Year built
1959
Stories
2
More property detailsExpandCollapse

Listing

Days on market
86

Building

Year built
1959
Year built source
Assessor
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Copper Plumbing
Roof
Spanish Tile
Condition
Updated Remodeled
Living area source
Plans

Bathrooms

Full bathrooms
4

Rooms & interior

Main-level bedrooms
4
Main-level bathrooms
2
Rooms
Art Studio, Bonus Room, Den, Dance Studio, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Other, Sound Studio, Dining Room
Appliances
Six Burner Stove, Double Oven, Dishwasher, Refrigerator, Range Hood
Interior features
Beamed Ceilings, Breakfast Bar, Separate Formal Dining Room, High Ceilings, Quartz Counters, Recessed Lighting, Primary Suite, Walk In Closets
Flooring
Wood
Heating
Central
Cooling
None
Fireplace
Dining Room, Family Room, Living Room
Laundry
Inside

Exterior & parking

Total parking spaces
9
Garage spaces
3
Parking
Driveway, Garage, Oversized
Attached garage
No
Pool
In Ground, Private
Lot features
Back Yard, Corner Lot, Landscaped
Lot size source
Assessor
Property outlook
City Lights, Mountains, Panoramic

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected
Community features
Suburban

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Palos Verdes Peninsula Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Montemalaga Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Palos Verdes Estates K–5 0.5 mi
Cornerstone at Pedregal Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 0.5 mi
Silver Spur Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 0.8 mi
Palos Verdes Peninsula High (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rolling Hills Estates 9–12 1.3 mi
Riviera Elementary Torrance Unified · Torrance K–5 1.3 mi
Edward J. Richardson Middle Torrance Unified · Torrance 6–8 1.7 mi
Soleado Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 1.7 mi
Vista Grande Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 1.7 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,200,000
MLS-reported original asking price
$4,200,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:32$4,200,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Palos Verdes Estates

Active residential homes for sale in Palos Verdes Estates, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings26Current authorized inventory
Median asking price$4,625,00026 listings with a valid price
Median asking price / sq ft$1,138.2123 listings with confirmed sq ft
Median days on market15.526 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction3
Listings with an increase0

3 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 21:36 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.