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$4,900,000
New Listing

509 Diamond
Laguna Beach, CA 92651

For Sale|Single Family Residence|Active
5
Beds
4
Total Baths
4
Full Baths
1,864
SqFt
$2,629
/SqFt
1939
Built
Subdivision:
Woods Cove (WC)
County:
Orange
Listed by Gilda Duhs of Coldwell Banker Realty [email protected]
509 Diamond509 Diamond509 Diamond509 Diamond
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Monthly Payment (Est.)

$22,356
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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.

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Listing Snapshot
Price 
$4,900,000
Days On Site 
0 Days
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 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
20 hours agoListing first seen on site
20 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.323
Disclosures 
AccessoryDwellingUnitSellerDisclosure
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
DrivewayElectric Vehicle Charging Station(s)GarageGravel
Parking Spaces 
1
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
Cottage
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherGas CooktopGas Water HeaterMicrowaveRefrigeratorWater HeaterDryerWasher
Fireplace 
Yes
Fireplace Features 
Living Room
Flooring 
Vinyl
Heating 
Central
Interior 
Built-in FeaturesCeiling Fan(s)
Laundry Features 
Inside
Main Level Bedrooms 
3
Window Features 
Screens
Bathroom 
Bedroom 
Kitchen 
Living Room 
Office 
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Exterior Features
Exterior 
GardenBalconyRain Gutters
Lot Features 
Back YardFront YardGarden
Patio And Porch 
CoveredDeckFront PorchWrap Around
Pool Features 
None
Spa Features 
None
View 
City LightsNeighborhoodOceanPanoramic
Waterview 
City LightsNeighborhoodOceanPanoramic
Windows/Doors 
Screens
Community Features
Building Access 
1
Community Features 
Street LightsSuburban
Financing Terms Available 
CashConventionalSubmit
MLS Area 
LV - Laguna Village
School District 
Laguna Beach Unified
Schools
School District
Laguna Beach Unified
Elementary School
Top Of The World
Middle School
Thurston
High School
Laguna Beach


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.

Neighborhood & Commute
Source: Walkscore
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