REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS
581 Diamond Street, Laguna Beach

Sold

581 Diamond Street sold on September 26, 2018 for $2,700,000, 9.7% below the $2,990,000 asking price after 149 days on the market; it was first listed at $3,580,000. The buyer financed the purchase. The details are below for reference.

$2,700,000

581 Diamond Street Laguna Beach, CA 92651

Single Family Residence|Sold

SubdivisionWoods Cove

4Beds
5Total Baths
2Full Baths
3Partial Baths
2,953SqFt
$914$/SqFt
1940Built

About 581 Diamond Street

Located in the heart of Woods Cove, renowned Artist Walter Foster, constructed this magnificent French Revival residence in 1940 with additional guest house in 1945. This is a Mills Act historical home that is granted a dramatic reduction in tax basis. Current property tax is $4,745/year. Privately nestled on Diamond Street with expansive Catalina, ocean and white water views from nearly every room. The 3 bedroom, 3.5 bath main house features a large living room with 23 foot ceilings, wood and gas burning fireplace, large windows and French doors. Dining room opens to massive ocean views, French doors and romantic Juliet balcony. Chefs kitchen with stainless steel appliances, walk in pantry, with charming Dutch door leading to exterior stairs down to a private guest room with office and en suite bath. Generous master suite features a fireplace, sitting area, walk in closet, double vanity master bath and dramatic ocean and white water views. Other highlights of the main house include separate family room, main level en suite guest bedroom, plus guest powder and laundry room. Private 1 bedroom/1 bath guest cottage with living room w/gas fireplace, kitchen, bonus room/loft space, surrounded by a large wrap around deck with ocean views from Catalina to Palos Verdes. Whether one chooses to walk up the lushly lined walkways or take the elevator from the street level 2 car garage, an immediate sense of a bygone era of Laguna elegance is realized.

General Features

Property Type
Single Family Residence
MLS Number
LG18038504
Year Built
1940
Living Area (sq ft)
2,953
Lot Size (sq ft)
6,332
Levels
Three Or More
Bedrooms
4
Full Baths
2
Half Baths
1
Garage Spaces
2
Parking Spaces
4
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Parcel Number
64429217
On Market Date
2018-03-18
Zoning
R1
Listing Terms
Standard

Interior Features

Interior Features
Cathedral Ceilings, Separate Formal Dining Room, Living Room Deck Attached, Pantry, Loft, Walk In Pantry, Walk In Closets
Appliances
Six Burner Stove, Dishwasher, Free Standing Range, Disposal, Refrigerator
Flooring
Wood
Heating
Forced Air
Cooling
None
Fireplace
Living Room, Primary Bedroom
Laundry
Inside, Laundry Room
Main Level Bedrooms
1
Main Level Bathrooms
2
Common Walls
No Common Walls
Windows
French Mullioned
Doors
French Doors

Exterior Features

Architectural Style
French Provincial
Exterior Features
Lighting
Roof
Fire Proof
Lot Features
Landscaped, Sprinkler System, Sloped Up
Patio and Porch
Front Porch, Stone
Parking
Driveway
Pool Features
None
Spa
Above Ground
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Woods Cove (WC)
Community Features
Suburban
Security
Carbon Monoxide Detectors, Smoke Detectors

Schools

School District
Laguna Beach Unified

Property Details for 581 Diamond Street

This 4-bedroom, 5-bath single-family home sits in the Woods Cove neighborhood of Laguna Beach in Orange County. It offers 2,953 square feet of living space. The home was built in 1940. The MLS record lists the assessor parcel number as 644-292-17. Highlights include ocean and coastline views, a spa, a fireplace, a two-car garage, and French provincial architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Property History

581 Diamond Street was listed for sale on March 18, 2018 at $3,580,000.

About Woods Cove

Woods Cove sits on the bluffs of Laguna Beach between Moss Street Beach and Pearl Street Beach, where Diamond Street meets Ocean Way and a stairway descends to a sandy cove with tide pools and the Keystone Arch. Its 1920s and 1930s shingled cottages, Spanish Revival, and Craftsman homes lie within the Laguna Beach Unified School District.

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Listed by Sherrie Larsen of Surterre Properties

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