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$4,825,000
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Property Description
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.
Full Property Details
Full Property Details for 509 Diamond
General
- Sold For: $4,825,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: LG26054669
- Added to Site: 69 day(s) ago
Interior
- Rooms/Areas: Office, Kitchen, Living Room, Main Floor Bedroom
- Interior Features: Balcony, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Copper Plumbing (Full)
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: In Living Room
- Appliances: Gas Cooktop, Water Heater, Microwave, Refrigerator, Gas Water Heater, Dishwasher
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, Front Porch, Brick, Wraparound, Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Gravel, Electric Vehicle Charging Station(s), Garage (Single Door), Driveway
Location
- County: Orange
- Subdivision: Woods Cove (WC)
- Driving Directions: PCH to Diamond. Home is located 5 blocks up the hill on the right hand side at the curve.
School Information
- School District: Laguna Beach Unified
- Elementary School: TOTW
- Middle School: THURST
- High School: LAGBEA
Community
- Community Features: Street Lights, Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Windows: Casement Windows, Screens
- Disability Access: None
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,864
- Sq. Ft. Source: Seller
- Year Built: 1939
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Coastline, Ocean, Catalina, City Lights, Neighborhood, Panoramic
- Lot Size (Acres): 0.323
- Lot Size Source: Seller
- Lot Description: Front Yard, Garden, Lot 10000-19999 Sqft, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $2,588.52
Disclosures and Reports
- Special Conditions: Trust, Standard
- Inclusions: Washer, dryer, and kitchen appliances.
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Schools
Schools serving 509 Diamond
School District:Laguna Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Top Of The World Elementary School 21601 Treetop Lane, Laguna Beach, CA 92651 | K-5 | 1.5 mi |
Thurston Middle School 2100 Park Avenue, Laguna Beach, CA 92651 | 6-8 | 1.4 mi |
Laguna Beach High School 625 Park Avenue, Laguna Beach, CA 92651 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Diamond
Date
Details
Price
Change
Source
5/01/2026
Sold
$4,825,000
-1.53%
MLS
3/15/2026
Listed
$4,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
509 Diamond, Laguna Beach, CA 92651 (MLS# LG26054669) is a Single Family property that was sold at $4,825,000 on May 01, 2026. This property was listed by Gilda Duhs from our Laguna Beach Office.Want to learn more about 509 Diamond? Do you have questions about finding other Single Family real estate for sale in Laguna Village? You can browse all Laguna Village real estate or contact a Coldwell Banker agent to request more information.


