Listed by Ben Larson•DRE #01746853• Real Brokerage Technologies, Inc.
Contact: 310-400-0536
For sale
$4,200,000
Est. $28,562/mo —
5
bd
•
4 ba
•
4,191
sq ft
988 Via Rincon, Palos Verdes Estates, CA 90274
About this home
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.
Malaga Cove, located between Palos Verdes Drive West and Via Campesina, is a coastal and hillside Palos Verdes Estates neighborhood with Mediterranean Revival architecture and sweeping ocean views. The neighborhood’s character concentrates around the Malaga Cove Plaza at Palos Verdes Drive West and Via Chico, where a compact cluster of cafes, small shops, and everyday services sets a calm, walkable rhythm. The historic La Venta Inn anchors the blufftop scene, while the Palos Verdes Art Center and the Palos Verdes Library District’s Malaga Cove Library add a cultural throughline. Curving streets and stone walls frame terraced homes and mature landscaping. Blufftop paths and nearby coves shape a coastal, outdoors-forward routine.
Provided by Walk Score and Local Logic
Offer insights
988 Via Rincon · $4,200,000
$4.18M and above
75% chance or better to win
Why $4.18M+ is a strong offer
DAYS ON MARKET
100 days
The average home goes pending in 46 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Beamed ceilings
Quartz counters throughout
High ceilings (9 feet plus)
Recessed lighting
Copper full plumbing
French doors
Remodeled/updated condition
Two levels
Bedrooms
Primary bedroom / suite
Four main-level bedrooms
Walk-in closet
Additional flexible rooms: bonus room, den, media room, art studio, dance studio, sound studio
Bathrooms
Four full bathrooms
Remodeled baths
Double sinks in master bath
Double sinks in other baths
Bathtub and separate shower options
Shower in tub in at least one bath
Kitchen
Remodeled kitchen with quartz counters
Kitchen island
Self-closing cabinet doors and drawers
6-burner stove
Double oven
Range/stove hood
Refrigerator
Dishwasher
Breakfast counter/bar and formal dining area
Laundry & utility
Laundry room located inside the home
Flooring
Wood flooring
Heating & cooling
Central furnace heating
Exterior features
Private in-ground pool
Corner lot
Landscaped grounds
Back yard
Has a view
Paved road access via city streets
Home design
Single-family house
Two stories
Updated/remodeled property
Parking
Three-car garage (oversized)
Driveway parking
Six uncovered parking spaces
Nine total parking spaces
Construction
Spanish tile roof
No shared/common walls
No detached accessory dwelling unit reported
Utilities
Public/district water
Public sewer
Standard electric service; electricity connected
HOA & community
Suburban community setting
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 86° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Palos Verdes Estates, CA • 90274
Average low and high temperatures (°F)
68
50
68
52
69
54
69
54
70
56
73
60
78
63
81
64
79
64
74
58
68
53
66
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Palos Verdes Estates. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 988 Via Rincon
$4,011,459
$189K under list price of $4.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.7M to $4.8M.