$4,900,000

509 Diamond St Laguna Beach, CA 92651

Estimated payment $27,220/month

Total Views 3,822
5 Beds
4 Baths
1,864 Sq Ft
$2,629 Price per Sq Ft

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

Gilda Duhs

Coldwell Banker Realty Brokerage Phone: 949-683-7232 License #00892910 Listed on: 03/15/2026

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Year Built

Built in 1939 | Remodeled

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, dryer, and kitchen appliances.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64429206
  • Year Built: 1939
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Living Area: 1864.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2628.76
  • Room Type: Office, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Casement Windows, Screens
  • Bathroom Features: Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Coastline, Ocean, Catalina, City Lights, Neighborhood, Panoramic
  • Patio And Porch Features: Covered, Front Porch, Brick, Wrap Around, Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Gravel, Electric Vehicle Charging Station(s), Garage - Single Door, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater, Microwave, Refrigerator, Gas Water Heater, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lot 10000-19999 Sqft, Back Yard
  • Lot Size Sq Ft: 14068.00
  • Lot Size Acres: 0.3230
  • Latitude Manual: 33.52931500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14068.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 7
  • Tax Lot: 87
  • Tax Tract Number: 7

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Source: Public Records

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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG26054669

California Regional Multiple Listing Service (CRMLS)

APN: 644-292-06

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