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686 Diamond Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

686 Diamond Street, Laguna Beach, California 92651 home-pic-0
ACTIVE$3,100,000
686 Diamond Street, Laguna Beach, California 92651
3Beds
3Baths
2,103Sqft
5,760Lot

Price Vs. Estimate

The estimated value ($3,060,496.82) is $39,503.18 (1%) lower than the list price ($3,100,000). 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:
Recent Price Reduction: The property has undergone a price reduction from its original list price of $3.245M to $3.1M, which may suggest a longer market time or an initial overestimation of value.

Compared to the nearby listings

Price:$3.10M vs avg $3.10M (+$0)50%
Size:2,103 sqft vs avg 2,018 sqft54%
Price/sqft:$1.5K vs avg $1.6K46%

More Insights

Built in 2001 (24 years old).
Condition: This architect-designed home, built in 2001, is in very good condition and is move-in ready. The kitchen features stainless steel appliances, wood cabinetry, and a mix of marble-look and mosaic tile countertops, all appearing well-maintained. Bathrooms are clean and functional with modern fixtures, though some mosaic tile accents reflect the original build era. Flooring throughout, including slate tile, wood-look, and carpet, is in excellent condition. Light fixtures are contemporary, aligning with the home's industrial aesthetic. While some stylistic elements are from its 2001 build, they are not in disrepair and the overall quality and maintenance are high, preventing it from falling into the 'Fair' category which implies required updates or repairs. It doesn't qualify as 'Excellent' due to its age and lack of a full recent renovation within the last 5 years.
Year Built
2001
Close
-
List price
$3.1M
Original List price
$3.25M
Price/Sqft
$1,474
HOA
-
Days on market
-
Sold On
-
MLS number
LG25144650
Home ConditionGood
Features
Excellent View: Catalina, Coastline, Canyon, Ocean, Trees/Woods, Water
Deck
ViewCatalina, Coastline, Canyon, Ocean, Trees/Woods, Water

About this home

Designed by an award-winning commercial architect as his personal residence, this one-of-a-kind Laguna Beach home blends thoughtful design with an exceptional location. Nestled in the desirable Upper Diamond area of Woods Cove, the property offers both tranquility and convenience—just moments from world-class beaches, local shops, fine dining, and the Laguna Beach Trolley. Set against a backdrop of lush canyon landscapes, the home captures expansive views of Catalina Island and stunning sunsets. The intelligently designed open floor plan is filled with natural light and includes 3 bedrooms, 2.5 bathrooms, a spacious great room combining the living, kitchen, and dining areas, plus a separate family room—ideal for everyday living or entertaining. Architectural elements reflect a refined industrial aesthetic, with commercial-grade finishes that complement the warm, inviting ambiance throughout. Multiple decks extend the living space outdoors, perfect for embracing the California coastal lifestyle. A rare opportunity to own a custom architectural gem surrounded by Estate like homes in one of Laguna’s most coveted neighborhoods. Truly a one of a kind home and location not to be missed!

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•1.2mi
9/10
El Morro Elementary School
Public,•K-5•3.1mi
9/10
Thurston Middle School
Public,•6-8•1.2mi
9/10
Laguna Beach High School
Public,•9-12•1.0mi
Condition Rating
Good
This architect-designed home, built in 2001, is in very good condition and is move-in ready. The kitchen features stainless steel appliances, wood cabinetry, and a mix of marble-look and mosaic tile countertops, all appearing well-maintained. Bathrooms are clean and functional with modern fixtures, though some mosaic tile accents reflect the original build era. Flooring throughout, including slate tile, wood-look, and carpet, is in excellent condition. Light fixtures are contemporary, aligning with the home's industrial aesthetic. While some stylistic elements are from its 2001 build, they are not in disrepair and the overall quality and maintenance are high, preventing it from falling into the 'Fair' category which implies required updates or repairs. It doesn't qualify as 'Excellent' due to its age and lack of a full recent renovation within the last 5 years.
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).
Prime Location & Accessibility: Nestled in the desirable Upper Diamond area of Woods Cove, offering both tranquility and convenience to world-class beaches, local shops, fine dining, and the Laguna Beach Trolley.
Unique Architectural Design & Pedigree: A one-of-a-kind custom architectural gem, designed by an award-winning commercial architect as his personal residence, ensuring thoughtful design and exclusivity.
Expansive Panoramic Views: Captures stunning and diverse views of Catalina Island, sunsets, coastline, canyon, ocean, and trees/woods, enhancing the property's appeal and value.
High-Quality & Modern Finishes: Features commercial-grade finishes and a refined industrial aesthetic throughout, creating a sophisticated and inviting interior ambiance.
Excellent School Ratings: Located within the highly-rated Laguna Beach Unified School District, with all nearby elementary, middle, and high schools scoring an impressive 9.

Cons

Recent Price Reduction: The property has undergone a price reduction from its original list price of $3.245M to $3.1M, which may suggest a longer market time or an initial overestimation of value.
Specific Architectural Aesthetic: The 'refined industrial aesthetic' and 'commercial-grade finishes' may appeal to a niche market, potentially limiting the pool of prospective buyers compared to more conventional styles.
Absence of Mentioned Cooling System: The property description does not explicitly mention the presence of a cooling system (e.g., air conditioning), which could be a significant consideration for comfort during warmer periods in a luxury home.

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