
988 Via Rincon, Palos Verdes Estates, CA 90274
988 Via Rincon, Palos Verdes Estates, CA 90274
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 3 active · 5 closed
Palos Verdes Estates · Single Family Residence
Listed 8.7% below the median closed sale of $4,600,000. Price per sqft ($1,002) is a 14% discount to closed comps ($1,165). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2952 Via Alvarado | Palos Verdes Estates | 1995 | 5 | 4 | 4,500 | 11,005 | $1,244 | $5.60M | 44 | 88 |
| 2637 Via Olivera | Palos Verdes Estates | 1995 | 4 | 4 | 4,030 | 8,202 | $837 | $3.38M | 5 | 82 |
| 2521 Novato Place | Palos Verdes Estates | 1955 | 3 | 3 | 3,586 | 65,179 | $1,500 | $5.38M | 2 | 65 |
| Total: 3 · Average | 4.0 | 3.7 | 4,038.667 | 28,128.667 | $1,193.667 | $4.78M | 17 | |||
| Median | 4,030 | $5.38M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3649 Navajo Place | Palos Verdes Estates | 2008 | 07/20/2026 | 4 | 4 | 3,871 | 13,387 | $4.50M | $4.42M | $1,143 | 0.98 | 141 | 89 |
| 900 Via Nogales | Palos Verdes Estates | 2018 | 08/06/2026 | 5 | 6 | 3,995 | 16,393 | $4.59M | $4.53M | $1,133 | 0.99 | 53 | 87 |
| 1801 Via Arriba | Palos Verdes Estates | 1970 | 08/27/2026 | 4 | 4 | 4,100 | 8,995 | $4.50M | $4.60M | $1,122 | 1.02 | 84 | 86 |
| 412 Via Almar | Palos Verdes Estates | 2005 | 08/04/2026 | 5 | 5 | 3,875 | 10,044 | $5.00M | $4.80M | $1,239 | 0.96 | 50 | 84 |
| 2704 Via Elevado | Palos Verdes Estates | 2012 | 08/21/2026 | 4 | 4 | 3,867 | 19,379 | $4.60M | $4.60M | $1,190 | 1.00 | 37 | 84 |
| Total: 5 · Average | 4.4 | 4.6 | 3,941.6 | 13,639.6 | $4.59M | $4.59M | $1,165.4 | — | 73 | ||||
| Median | 3,875 | $4.60M | $4.60M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.