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.
581 Diamond Street, Laguna Beach, CA 92651
- 4 beds
- 5 baths
- 2,953 sq ft
- 6,332 sq ft lot
- Built 1940
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$2,700,000
Subdivision 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.
16 single-family homes sold in the past 12 months · median $3,650,000
The home
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.
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 has 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.
Specifications
Home Details
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
The record
Property History for 581 Diamond Street
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 26, 2018 | Sold | $2,700,000 | |
| Mar 18, 2018 | Listed for sale | $3,580,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 581 Diamond Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0419K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
High Fire Hazard Severity Zone, Local Responsibility Area.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Inside a Seismic Hazard Zone for earthquake-induced landslides.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: Frontier, up to 7,000 Mbps, at 70 of 74 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 74 of 74. Fixed wireless: Verizon, up to 300 Mbps, at 69 of 74.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626203003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (Tesla Destination, 2 Level 2 ports). 40 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
581 Diamond Street is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 581 Diamond Street
Thinking of selling nearby? We bring current Woods Cove sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
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.
Woods Cove home sales, past 12 months
- Homes sold
- 16
- Median price
- $3,650,000
- Median days on market
- 34
- Median per sq ft
- $2,006
Recorded MLS closings of single-family homes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.
Recent Woods Cove sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 340 Moss | Oct 13, 2026 | $3,275,000 | 2,107 | $1,554 | 73 |
| 455 Agate | Sep 10, 2026 | $2,525,000 | 1,882 | $1,342 | 49 |
| 376 Diamond | Aug 18, 2026 | $4,237,500 | 1,650 | $2,568 | 37 |
| 590 Diamond Street | Jul 30, 2026 | $4,225,000 | 3,755 | $1,125 | 11 |
| 2482 Glenneyre Street | Jul 16, 2026 | $3,350,000 | 1,988 | $1,685 | 0 |
See homes for sale in Woods Cove Laguna Beach housing market
Schools
School District for 581 Diamond Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Laguna Beach Unified.
Moving to Laguna Beach covers its schools, parks and beaches.
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Listed by Sherrie Larsen of Surterre Properties
Listing information updated Jun 27, 2026 at 7:07 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.