714-914-4996

509 Diamond ,
Laguna Beach, CA 92651

$4,900,000

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.

Basic Information

MLS #:
LG26054669

Price:
$4,900,000

Price
(per sq ft):
$2,628.00

Address:
509 Diamond ,
Laguna Beach, CA 92651

MLS Area:
LV - Laguna Village

Subdivision:
Woods Cove (WC)

Property
Type:
Single Family Residence

Days on Market:
2

Status:
Active

Bedrooms:
5

Bathrooms:
4

Full Baths:
4

Size (sq ft):
1,864 sq ft

Lot Size:
14,068 sq ft

Year Built:
1939

Sale Type:
Trust,Standard

Rooms in Home

Rooms:
Office, Kitchen, Living Room, Main Floor Bedroom

Eating Area:
In Living Room

Laundry:
Inside, Washer Included, Dryer Included

Entry Location:
1

Interior Features

Fireplace:
Living Room

Cooling:
None

Heating:
Central

Floor:
Vinyl

Appliances:
Gas Cooktop, Water Heater, Microwave, Refrigerator, Gas Water Heater, Dishwasher

Interior Features:
Balcony, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Copper Plumbing Full

Security:
Carbon Monoxide Detector(s), Smoke Detector(s)

Accessibility:
None

Garage and Parking

Garage:
Detached

Garage:
1 Spaces

Carport:
0 Spaces

Parking:
Gravel, Electric Vehicle Charging Station(s), Garage - Single Door, Driveway

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Sewer Connected

School Information

District:
Laguna Beach Unified

Elementary:
TOTW

Middle:
THURST

High:
LAGBEA

Exterior Features

Pool:
None

Spa:
None

Patio:
Covered, Front Porch, Brick, Wrap Around, Deck

View:
Coastline, Ocean, Catalina, City Lights, Neighborhood, Panoramic

Construction:

Foundation:

Roof:

Windows:
Casement Windows, Screens

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
Front Yard, Garden, Lot 10000-19999 Sqft, Back Yard

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Street Lights, Suburban

Other Structures:

Structure Condition:
Updated/Remodeled

Direction Faces:

Listed by:
Coldwell Banker Realty , Gilda Duhs , 00892910

Co-Listed:

Last
Updated:
3/18/2026 2:07 AM

509 Diamond ,
Laguna Beach, CA 92651