509 Diamond Laguna Beach, CA 92651 Open Sat 1PM-4PM

UPDATED: 03/17/2026 01:34 AM ON MARKET: 3 days on market

$4,900,000

5 Beds4 Baths1,864 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,864 sqft

Price per Sqft $2,628

Subdivision Woods Cove (Wc)

MLS Listing ID LG26054669

Bedrooms 5

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1939

Lot Size 0.323 Acres

Property Sub-Type Single Family Residence

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Main Level Bedrooms 3

Interior

Interior Features Built-in Features,Balcony,Ceiling Fan(s),Living Room Deck Attached,Bedroom on Main Level

Heating Central

Cooling None

Flooring Vinyl

Fireplaces Type Living Room

Inclusions Washer, dryer, and kitchen appliances.

Fireplace Yes

Appliance Dishwasher,Gas Cooktop,Gas Water Heater,Microwave,Refrigerator,Water Heater,Dryer,Washer

Laundry Inside

Exterior

Exterior Feature Rain Gutters

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

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights,Suburban

Utilities Available Sewer Connected

Waterfront Description Ocean Side Of Freeway

View Y/N Yes

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

Accessibility None

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

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard,Front Yard,Garden

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Top Of The World

Middle Schools Thurston

High Schools Laguna Beach

School District Laguna Beach Unified

Others

Senior Community No

Tax ID 64429206

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

Acceptable Financing Cash,Cash to New Loan,Conventional,Submit

Listing Terms Cash,Cash to New Loan,Conventional,Submit

Special Listing Condition Standard,Trust

Property Description

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.