509 Diamond St, Laguna Beach, CA 92651 (MLS # LG26054669)

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PRICE $4,900,000 dsIDX morgage calculator
BEDS 5
BATHS 4
HOME SIZE 1,864 sqft
LOT SIZE 14,070 sqft

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.

DAYS ON MARKET 22 LAST UPDATED 3/15/2026
TRACT Woods Cove (WC) YEAR BUILT 1939
COMMUNITY LV - Laguna Village GARAGE SPACES 1.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Top Of The World
Jr. High School Thurston
High School Laguna Beach


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA LV - Laguna Village
EXTERIOR Balcony, Garden, Rain Gutters
FIREPLACE Yes
GARAGE Yes
HEAT Central
INTERIOR Built-in Features, Ceiling Fan(s)
LOT 0.323 acre(s)
LOT DESCRIPTION Back Yard, Front Yard, Garden
LOT DIMENSIONS 14068
PARKING Driveway, Electric Vehicle Charging Station(s), Garage, Gravel
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Cottage
SUBDIVISION Woods Cove (WC)
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION City Lights, Neighborhood, Ocean, Panoramic
WATER Public
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Listed with Coldwell Banker Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 4:42 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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