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Sold for $4,825,000
  • Listed by: Coldwell Banker Realty • Gilda Duhs • Contact: 949-499-1320
    Bought with: Douglas Elliman
    $4,825,000

    509 Diamond St, Laguna Beach, CA 92651

    5beds
    1,864sqft
    Single Family Residence
    Built in 1939
    0.32 Acres Lot
    $4,821,700 Zestimate®
    $2,589/sqft
    $2,358 Estimated rent

    Home value

    $4,821,700

    $4.48M - $5.21M

    $2,358/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gilda Duhs DRE #00892910 949-683-7232,

    Coldwell Banker Realty

    Bought with:

    Sabrina Pazirandeh, DRE #02256710

    Douglas Elliman

    Trey Alligood, DRE #02099406

    Douglas Elliman

    Source: CRMLS,MLS#: LG26054669MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Office
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Separate Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Remodeled, Updated Kitchen
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Inside
    Features
    • Built-in Features, Balcony, Ceiling Fan(s), Living Room Deck Attached, Bedroom on Main Level
    • Flooring: Vinyl
    • Windows: Casement Window(s), Screens
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,864 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Door-Single, Driveway, Electric Vehicle Charging Station(s), Garage, Gravel
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Brick, Covered, Deck, Front Porch, Wrap Around
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Size: 0.32 Acres
    • Features: Back Yard, Front Yard, Garden
    Details
    • Parcel number: 64429206
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Copper Plumbing
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Street Lights, Suburban
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Woods Cove (Wc)
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $2,589/sqft
    • Tax assessed value: $730,955
    • Annual tax amount: $13,014
    • Date on market: 3/15/2026
    • Cumulative days on market: 35 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Inclusions: Washer, dryer, and kitchen appliances.
    • Exclusions: Staged furnishings and accessories. 3 bathroom mirrors in main house.

    Price history

    DateEventPrice
    5/1/2026Sold$4,825,000-1.5%$2,589/sqft
    Source: CRMLS #LG26054669 Report a problem
    4/30/2026Pending sale$4,900,000$2,629/sqft
    Source: CRMLS #LG26054669 Report a problem
    4/21/2026Contingent$4,900,000$2,629/sqft
    Source: CRMLS #LG26054669 Report a problem
    3/16/2026Listed for sale$4,900,000$2,629/sqft
    Source: CRMLS #LG26054669 Report a problem
    12/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/7/2023Listed for rent$2,950-72.6%$2/sqft
    Source: Zillow Rentals Report a problem
    9/8/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/20/2023Price change$10,750-14%$6/sqft
    Source: Zillow Rentals Report a problem
    6/8/2023Price change$12,500-16.7%$7/sqft
    Source: Zillow Rentals Report a problem
    5/24/2023Listed for rent$15,000+500%$8/sqft
    Source: Zillow Rentals Report a problem
    11/21/2020Listing removed$2,500$1/sqft
    Source: Coldwell Banker Realty #LG20230609 Report a problem
    11/16/2020Price change$2,500-10.7%$1/sqft
    Source: Coldwell Banker Realty #LG20230609 Report a problem
    11/3/2020Listed for rent$2,800$2/sqft
    Source: Coldwell Banker Realty #LG20230609 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,014 +2.1%$730,955 +2%
    2024$12,746 +44.4%$716,623 +8.5%
    2023$8,827 +3.1%$660,359 +2%
    2022$8,559 +3.2%$647,411 +2%
    2021$8,297 +12.5%$634,717 +1%
    2020$7,377 $628,209 +2%
    2019$7,377 -6.8%$615,892 +2%
    2018$7,919 +4.8%$603,816 +2%
    2017$7,553 $591,977 +2%
    2016$7,553 +2.4%$580,370 +1.5%
    2015$7,378 +4.3%$571,653 +2%
    2014$7,071 $560,456 +0.5%
    2013-- $557,924 +2%
    2012-- $546,985 +2%
    2011-- $536,260 +0.8%
    2010-- $532,253 -0.2%
    2009-- $533,518 +2%
    2008-- $523,057 +2%
    2007-- $512,801 +2%
    2006-- $502,747 +2%
    2005-- $492,890 +2%
    2004-- $483,226 +1.9%
    2003-- $474,370 +2%
    2002-- $465,069 +2%
    2001$5,762 +4.8%$455,950 +2%
    2000$5,496 $447,010
    Find assessor info on the county website

    Neighborhood: 92651

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Top Of The World
    • Middle: Thurston
    • High: Laguna Beach

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,821,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,821,700