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509 DiamondLaguna Beach, CA 92651
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.
| 3 months ago | Listing updated with changes from the MLS® |
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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 and is listed at $4,825,000. The home was built in 1939. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
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.
Buying 509 Diamond
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Also for sale in Laguna Beach: 2100 Crestview Drive, 376 Diamond, 630 Diamond Street, 575 Center Street.
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