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.
Listed by Gilda Duhs
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License #00892910
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Coldwell Banker Realty
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949-683-7232
Last updated March 16, 2026
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Source: CRMLS #LG26054669
Listing Facts
TypeSingle-family
NeighborhoodUpper Diamond
Bedrooms5
Bathrooms4
Days on Prevu2
Size1,864 sqft
Price per sqft$2,629
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
03/15/2026
Listed by Coldwell Banker Realty
$4,900,000
Property Details for 509 Diamond
Association
Amenities
Community Features: Street Lights, Suburban
Exterior
Construction
Number Of Units Total: 2
Property Condition: Updated/Remodeled
Stories: 2
Stories Total: 2
Structure Type: House
Window Features: Casement Window(s), Screens
Year Built: 1939
Architectural Style: Cottage
Common Walls: No Common Walls
Construction Materials: Copper Plumbing
Entry Level: 1
Entry Location: 1
Exterior Features: Rain Gutters
Features
Patio And Porch Features: Brick, Covered, Deck, Front Porch, Wrap Around
View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic
Waterfront Features: Ocean Side Of Freeway
Measurements
Lot Features: Back Yard, Front Yard, Garden
Lot Size Acres: 0.32
Lot Size Area: 14,068
Lot Size Source: Owner
Lot Size Square Feet: 14,068
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 64429206
Interior
Features
Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
Fireplace Features: Living Room
Fireplace: Yes
Flooring: Vinyl
Interior Features: Built-in Features, Balcony, Ceiling Fan(s), Living Room Deck Attached, Bedroom On Main Level
Measurements
Living Area: 1,864
Living Area Source: Owner
Living Area Units: Square Feet
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 5
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Other
General
Exclusions: Staged furnishings and accessories. 3 bathroom mirrors in main house.
Location
Subdivision Name: Woods Cove (WC)
Tax Lot: 87
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Door-Single, Driveway, Electric Vehicle Charging Station(s), Garage, Gravel
Parking Total: 1
Schools
Elementary School
Elementary School: Top Of The World
High School
High School: Laguna Beach
High School District: Laguna Beach Unified
Middle or Junior School
Middle Or Junior School: Thurston
Utilities
Equipment
Heating: Central
Has Heating: Yes
Laundry Features: Inside
Sewer: Public Sewer
Utilities: Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 5 bedrooms and 4 bathrooms in this single-family home at 509 Diamond.
What schools are nearby to 509 Diamond?
Nearby schools include the Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.
Does this single-family home have parking?
Yes, there is 1 parking space available for 509 Diamond.
How does 509 Diamond compare to other single-family homes in Upper Diamond?
This single-family home is listed 15% below the average price for single-family homes in Upper Diamond and has been on the market for 101 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,864 sqft.
509 Diamond is a 5-bedroom, 4-bath single-family home for sale in Laguna Beach CA 92651. Listed on Prevu for 2 days at $4,900,000. This property features 1,864 square feet of living space, located in Orange County. The median listing price for single-family homes in this area is $5,247,498. Nearby schools include Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School. Additional amenities include private outdoor space, dishwasher, parking, and washer/dryer. View other single-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.