Home of the Week: Spanish-style estate atop Palos Verdes Peninsula Set in a gated community atop the Palos Verdes Peninsula and designed for entertaining, this Spanish-style estate takes in coastline and city views. The nearly five acres of grounds include a courtyard, a putting/chipping green, a sports/basketball court, a swimming pool and two spas. Location: 8 Possum Ridge Road, Rolling Hills 90274 Asking price: $8.9 million Year built: 2009 House size: Five bedrooms, eight bathrooms, 7,928 square feet Lot size: 4.77 acres Features: Temperature-controlled wine/beer room with 750-bottle capacity, music room, bar, library/study, media room, gym, indoor golf simulator, multiple fireplaces, maid's quarters, detached guesthouse, three-car garage About the area: Last year, 313 single-family homes sold in the 90274 ZIP Code at a median price of $1.36 million, according to DataQuick. That was a 1.4% price decrease from 2011. Agent: Sean Stanfield, First Team Real Estate, (714) 536-9292