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509 Diamond, Laguna Beach

Sold

509 Diamond sold on May 1, 2026 for $4,825,000, 1.5% below the $4,900,000 asking price after 35 days on the market. The buyer paid cash. The details are below for reference.

$4,825,000

509 Diamond Laguna Beach, CA 92651

Single Family ResidenceSold

5Beds
4Total Baths
4Full Baths
1,864SqFt
$2,589$/SqFt
1939Built

SubdivisionWoods Cove

About 509 Diamond

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.

509 Diamond, Laguna Beach

Price
$4,825,000
Days On Site
N/A
Bedrooms
5
Inside Area (SqFt)
1,864 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.323 Acres
Year Built
1939
MLS® Number
LG26054669
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner

General Features

Property Type
Single Family Residence
MLS Number
LG26054669
Year Built
1939
Living Area (sq ft)
1,864
Living Area Source
Owner
Lot Size (sq ft)
14,068
Lot Size (acres)
0.323
Levels
Two
Bedrooms
5
Full Baths
4
Garage Spaces
1
Parking Spaces
1
View
Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic
Parcel Number
64429206
On Market Date
2026-03-15
Listing Terms
Standard, Trust

Interior Features

Interior Features
Built In Features, Balcony, Ceiling Fans, Living Room Deck Attached, Bedroom On Main Level
Appliances
Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
Flooring
Vinyl
Heating
Central
Cooling
None
Fireplace
Living Room
Laundry
Inside
Main Level Bedrooms
3
Main Level Bathrooms
3
Entry Level
1
Common Walls
No Common Walls
Windows
Casement Windows, Screens
Accessibility
None

Exterior Features

Architectural Style
Cottage
Exterior Features
Rain Gutters
Construction
Copper Plumbing
Lot Features
Back Yard, Front Yard, Garden
Patio and Porch
Brick, Covered, Deck, Front Porch, Wrap Around
Parking
Door Single, Driveway, Electric Vehicle Charging Stations, Garage, Gravel
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Sewer Connected
Condition
Updated Remodeled
Units
2

Community Features

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

Schools

School District
Laguna Beach Unified
Elementary School
Top Of The World
Middle School
Thurston
High School
Laguna Beach

Property Details for 509 Diamond

This 5-bedroom, 4-bath single-family home sits in the Woods Cove neighborhood of Laguna Beach in Orange County. It offers 1,864 square feet of living space. The home was built in 1939. The MLS record lists the assessor parcel number as 644-292-06. Highlights include ocean and coastline views, a fireplace, a one-car garage, a 0.32-acre lot, an updated home, and cottage 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

509 Diamond was listed for sale on March 15, 2026 at $4,900,000.

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 Gilda Duhs of Coldwell Banker Realty

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