360 Diamond Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath
ACTIVE$4,295,000
360 Diamond Street, Laguna Beach, California 92651
4Beds
3Baths
2,400Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($3,283,487.14) is $1,011,512.86 (23%) lower than the list price ($4,295,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
Absence of Views: The property explicitly states 'view: None,' which is a significant drawback in a view-driven market like Laguna Beach, especially when compared to many local comps.
Compared to the nearby listings
Price:$4.29M vs avg $3.12M (+$1,170,000)68%
Size:2,400 sqft vs avg 2,018 sqft63%
Price/sqft:$1.8K vs avg $1.6K59%
More Insights
Built in 1963 (62 years old).
Condition: The property, built in 1963, has undergone significant 'tasteful updates' in the main house and features a 'newly remodeled' studio guest house. Most visible areas, including living spaces, bedrooms, and the guest house, showcase modern hardwood flooring, recessed lighting, and a clean, contemporary aesthetic. The walk-in closet is also recently updated. However, one of the bathrooms (Image 7) presents dated tile work and an older vanity, indicating a renovation that is likely 15-25 years old rather than a very recent one. While this bathroom is functional, its style prevents an 'Excellent' rating. Overall, the property is move-in ready with good quality, well-maintained systems and updated components, aligning with a 'Good' condition score.
Year Built
1963
Close
-
List price
$4.29M
Original List price
$4.59M
Price/Sqft
$1,790
HOA
-
Days on market
-
Sold On
-
MLS number
LG25051103
Home ConditionGood
Features
Patio
View-
About this home
360 Diamond Street offers a prime single-story residence in storied Woods Cove, Laguna Beach. The three bedroom and two bathroom main house has been tastefully updated, along with a newly remodeled large studio guest house — totaling 2400 square feet of living space. The double-Dutch entry doors welcome you into a spacious and airy living room. A set of French doors open to a large, flat backyard—perfect for entertaining, relaxing, or room to stretch your legs. The well-sized kitchen connects beautifully with the front courtyard and the living room, making it ideal for both everyday living and hosting guests. The large guest house offers ample overflow space for guests or creative endeavors. Don't miss your chance to live in this incredibly special locale.
Nearby schools
9/10
Top Of The World Elementary School
Public,•K-5•1.5mi
9/10
El Morro Elementary School
Public,•K-5•3.2mi
9/10
Thurston Middle School
Public,•6-8•1.4mi
9/10
Laguna Beach High School
Public,•9-12•1.1mi
Condition Rating
Good
The property, built in 1963, has undergone significant 'tasteful updates' in the main house and features a 'newly remodeled' studio guest house. Most visible areas, including living spaces, bedrooms, and the guest house, showcase modern hardwood flooring, recessed lighting, and a clean, contemporary aesthetic. The walk-in closet is also recently updated. However, one of the bathrooms (Image 7) presents dated tile work and an older vanity, indicating a renovation that is likely 15-25 years old rather than a very recent one. While this bathroom is functional, its style prevents an 'Excellent' rating. Overall, the property is move-in ready with good quality, well-maintained systems and updated components, aligning with a 'Good' condition score.
Pros & Cons
Pros
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Prestigious Location: Situated in the highly desirable and 'storied Woods Cove' neighborhood of Laguna Beach, offering a prime address.
Guest House/ADU: Includes a newly remodeled large studio guest house, providing versatile space for guests, creative endeavors, or potential rental income.
Desirable Layout & Updates: A prime single-story residence with a tastefully updated main house, reducing immediate renovation needs for a buyer.
Exceptional Outdoor Space: Features a large, flat backyard and a generous 7500 sqft lot, ideal for entertaining and outdoor living, which is a valuable asset in Laguna Beach.
Functional Design: The well-sized kitchen connects beautifully with the front courtyard and living room, promoting excellent indoor-outdoor flow and suitability for hosting.
Cons
Absence of Views: The property explicitly states 'view: None,' which is a significant drawback in a view-driven market like Laguna Beach, especially when compared to many local comps.
Pricing Strategy Concerns: The current list price is considerably above the property's estimated value and has already seen a reduction from its original list price, suggesting potential overpricing relative to market expectations.
Age of Construction: Built in 1963, despite tasteful updates, the property's age may indicate older underlying systems or infrastructure that could require more substantial maintenance or upgrades in the long term.