About 509 Diamond
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.
Features of 509 Diamond
| MLS® # | LG26054669 |
|---|---|
| Price | $4,900,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,864 |
| Acres | 0.32 |
| Year Built | 1939 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 509 Diamond |
|---|---|
| Area | LV - Laguna Village |
| Subdivision | Woods Cove (WC) |
| City | Laguna Beach |
| County | Orange |
| Zip Code | 92651 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Parking Spaces | 1 |
| Parking | Door-Single, Driveway, Electric Vehicle Charging Station(s), Garage, Gravel |
| # of Garages | 1 |
| Garages | Door-Single, Driveway, Electric Vehicle Charging Station(s), Garage, Gravel |
| View | Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic |
| Is Waterfront | No |
| Waterfront | Ocean Side Of Freeway |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl |
|---|---|
| Interior Features | Built-in Features, Balcony, Ceiling Fan(s), Living Room Deck Attached, Bedroom on Main Level |
| Appliances | Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer |
| Heating | Central |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Copper Plumbing |
|---|---|
| Exterior Features | Rain Gutters |
| Lot Description | Back Yard, Front Yard, Garden |
| Windows | Screens, Casement Window(s) |
| Construction | Copper Plumbing |
School Information
| District | Laguna Beach Unified |
|---|---|
| Elementary | Top Of The World |
| Middle | Thurston |
| High | Laguna Beach |
Additional Information
| Date Listed | February 24th, 2026 |
|---|---|
| Days on Market | 30 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Leased Land | Fee |
| Senior Community | No |
Listing Details
| Agent | Gilda Duhs |
|---|---|
| Office | Coldwell Banker Realty |
