509 Diamond St Laguna Beach, CA 92651
Estimated payment $27,220/month
Highlights
- Ocean View
- Ocean Side of Freeway
- Main Floor Bedroom
- El Morro Elementary School Rated A+
- Updated Kitchen
- 5-minute walk to Ruby Street Park
About This Home
Originally built in 1939 as a classic coastal cottage, this beautifully restored home in the coveted Woods Cove neighborhood of Laguna Beach blends timeless character with thoughtful modern upgrades. Meticulously renovated while honoring its vintage roots, the residence captures the charm of Laguna’s early seaside homes while offering the comfort and functionality of contemporary living.Inside, the home showcases distinctive architectural details, including a custom tongue-and-groove ceiling in the living room that highlights the cottage’s historic character. Natural light fills the inviting living spaces, creating a warm and relaxed atmosphere that reflects the easygoing coastal lifestyle just blocks from the shoreline at Woods Cove Beach.The flexible floor plan offers four bedrooms or three bedrooms plus a dedicated office, along with three well-appointed bathrooms. Each space has been thoughtfully updated while maintaining the home’s original charm, creating an ideal balance of style, comfort, and practicality. Outdoor living is a defining feature of the property. A wraparound ocean-view deck provides the perfect setting for morning coffee, sunset gatherings, and year-round entertaining while taking in sweeping views of the Pacific Ocean, Catalina Island, and the sparkling city lights of Laguna Beach after dusk. Enchanting verandas line the pathways throughout the property, enhancing the home’s storybook feel and creating inviting spaces to relax and unwind.The backyard features a spacious veranda topped with a pergola—an idyllic retreat for afternoon lounging, outdoor dining, or enjoying the coastal breeze. Lush landscaping and charming pathways add to the peaceful garden atmosphere.A separate studio ADU offers exceptional versatility, complete with its own kitchen and bathroom—ideal for guests, extended family, a private workspace, or potential rental income.Additional conveniences include a large gravel driveway that provides ample parking and an EV charging port for electric vehicles. Located within the highly regarded Laguna Beach Unified School District, the home offers an added advantage for families seeking top-tier local schools.Just a few blocks from the sand and moments from the vibrant galleries, restaurants, and boutiques of downtown Laguna Beach, this enchanting Woods Cove property offers a rare opportunity to own a piece of Laguna’s history while enjoying the best of coastal California living.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-683-7232 License #00892910 Listed on: 03/15/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1939 | Remodeled
Lot Details
- 14,068 Sq Ft Lot
- Garden
- Back and Front Yard
Parking
- 1 Car Garage
- Electric Vehicle Home Charger
- Parking Available
- Single Garage Door
- Gravel Driveway
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Neighborhood
Home Design
- Cottage
- Entry on the 1st floor
- Copper Plumbing
Interior Spaces
- 1,864 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Casement Windows
- Window Screens
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Combination Dining and Living Room
- Home Office
- Vinyl Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Freeway
- Balcony
- Wrap Around Porch
- Patio
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Schools
- Top Of The World Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Central Heating
- Gas Water Heater
Community Details
- No Home Owners Association
- Woods Cove Subdivision
Listing and Financial Details
- Tax Lot 87
- Tax Tract Number 7
- Assessor Parcel Number 64429206
- Seller Considering Concessions
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,747 | $730,955 | $604,553 | $126,402 |
| 2024 | $12,747 | $716,623 | $592,699 | $123,924 |
| 2023 | $8,827 | $660,359 | $581,078 | $79,281 |
| 2022 | $8,559 | $647,411 | $569,684 | $77,727 |
| 2021 | $8,297 | $634,717 | $558,514 | $76,203 |
| 2020 | $7,377 | $628,209 | $552,787 | $75,422 |
| 2019 | $7,919 | $615,892 | $541,948 | $73,944 |
| 2018 | $7,739 | $603,816 | $531,321 | $72,495 |
| 2017 | $7,553 | $591,977 | $520,903 | $71,074 |
| 2016 | $7,378 | $580,370 | $510,689 | $69,681 |
| 2015 | $7,230 | $571,653 | $503,018 | $68,635 |
| 2014 | $7,071 | $560,456 | $493,165 | $67,291 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2026 03/15/26 | For Sale | $4,900,000 | 0.0% | $2,629 / Sq Ft |
| 12/21/2023 12/21/23 | Rented | $2,950 | 0.0% | -- |
| 12/04/2023 12/04/23 | For Rent | $2,950 | -66.1% | -- |
| 09/03/2023 09/03/23 | Rented | $8,700 | -19.1% | -- |
| 06/20/2023 06/20/23 | Price Changed | $10,750 | -14.0% | $7 / Sq Ft |
| 06/07/2023 06/07/23 | Price Changed | $12,500 | -16.7% | $8 / Sq Ft |
| 05/23/2023 05/23/23 | For Rent | $15,000 | +525.0% | -- |
| 11/23/2020 11/23/20 | Rented | $2,400 | -4.0% | -- |
| 11/21/2020 11/21/20 | Under Contract | -- | -- | -- |
| 11/16/2020 11/16/20 | Price Changed | $2,500 | -10.7% | $5 / Sq Ft |
| 11/03/2020 11/03/20 | For Rent | $2,800 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG26054669
APN: 644-292-06
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Ask me questions while you tour the home.