702 Diamond, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

702 Diamond, Laguna Beach, California 92651 home-pic-0
ACTIVE$7,248,000
702 Diamond, Laguna Beach, California 92651
3Beds
4Baths
2,500Sqft
8,000Lot

Price Vs. Estimate

The estimated value ($7,248,000) is $0 (0%) lower than the list price ($7,248,000). 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:
High Price Point: With a list price exceeding $7.2 million, the property targets a very exclusive buyer demographic, potentially limiting the pool of interested parties.

Compared to the nearby listings

Price:$7.25M vs avg $3.12M (+$4,123,000)88%
Size:2,500 sqft vs avg 2,018 sqft63%
Price/sqft:$2.9K vs avg $1.6K93%

More Insights

Built in 2024 (1 years old).
Condition: This property was completed in 2024, making it brand new. It features a state-of-the-art chef's kitchen with top-tier Wolf, Sub-Zero, and Miele appliances, European-style cabinetry, and stone counters. The bathrooms are spa-inspired with modern fixtures and high-quality materials. The home boasts wide-plank white oak and designer tile flooring, Venetian plaster walls, energy-efficient windows, solar panels, and an upgraded HVAC system, indicating all components are new and meet current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$7.25M
Original List price
$7.49M
Price/Sqft
$2,899
HOA
-
Days on market
-
Sold On
-
MLS number
LG25179998
Home ConditionExcellent
Features
Excellent View: Canyon, Ocean, Panoramic, Water
Deck
Pool
Spa
ViewCanyon, Ocean, Panoramic, Water

About this home

Brand New Contemporary Coastal Retreat with Ocean & Canyon Views Completed in 2024, this striking contemporary coastal masterpiece blends style, sophistication, and seaside charm. Situated in Laguna Beach’s coveted Upper Diamond neighborhood, this approx. 2,500 sq ft, 3-bedroom, 3.5-bath architectural gem rests on a generous 8,000 sq ft lot, capturing ocean and canyon vistas from a serene, private setting—just minutes from the sand, acclaimed dining, and art galleries of Laguna Village. Inside, sunlit open spaces showcase wide-plank white oak and designer tile flooring, with soothing oyster-hued Venetian plaster walls that complement stone counters and sleek European-style cabinetry. The state-of-the-art chef’s kitchen boasts a Wolf 8-burner range with dual ovens, 48" Sub-Zero refrigerator and freezer, additional beverage Sub-Zero in the island, Miele dishwasher, built-in espresso/coffee maker, Miele speed oven/microwave, Sub-Zero wine cabinet, and Scotsman ice maker—every culinary luxury at your fingertips. The primary suite is a true sanctuary, featuring a private terrace with tranquil views, a spa-inspired bath, and a personal wet bar with Sub-Zero refrigerator. Thoughtful upgrades include solar panels, energy-efficient windows and doors, and an upgraded HVAC system for year-round comfort. A 2-car garage plus dedicated golf cart garage provide ample parking and storage. Outdoor living shines with a resort-style backyard, complete with a sparkling dipping pool and spa, spacious terraces, and an outdoor California room with privacy shades, built-in heaters, and a ceiling fan—perfect for year-round entertaining or peaceful sunset moments. 702 Diamond is more than a home—it’s a statement of contemporary coastal living at its finest.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.2mi
9/10
El Morro Elementary School
Public,K-53.2mi
9/10
Thurston Middle School
Public,6-81.2mi
9/10
Laguna Beach High School
Public,9-121.0mi
Condition Rating
Excellent

This property was completed in 2024, making it brand new. It features a state-of-the-art chef's kitchen with top-tier Wolf, Sub-Zero, and Miele appliances, European-style cabinetry, and stone counters. The bathrooms are spa-inspired with modern fixtures and high-quality materials. The home boasts wide-plank white oak and designer tile flooring, Venetian plaster walls, energy-efficient windows, solar panels, and an upgraded HVAC system, indicating all components are new and meet current quality standards with no deferred maintenance.
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).
Brand New Construction & Modern Design: Completed in 2024, this property is a striking contemporary coastal masterpiece, offering state-of-the-art design and finishes throughout.
Luxury Finishes & Gourmet Kitchen: Features include wide-plank white oak flooring, Venetian plaster walls, European-style cabinetry, and a chef's kitchen equipped with top-tier Wolf, Sub-Zero, and Miele appliances.
Exceptional Views & Prime Location: Captures stunning ocean and canyon vistas from a serene, private setting in Laguna Beach’s coveted Upper Diamond neighborhood, minutes from the sand and Laguna Village amenities.
Resort-Style Outdoor Living: The backyard boasts a sparkling dipping pool and spa, spacious terraces, and an outdoor California room with privacy shades, built-in heaters, and a ceiling fan for year-round entertaining.
Energy Efficiency & Modern Amenities: Equipped with solar panels, energy-efficient windows and doors, an upgraded HVAC system, a 2-car garage plus a dedicated golf cart garage, and a luxurious primary suite with a wet bar.

Cons

High Price Point: With a list price exceeding $7.2 million, the property targets a very exclusive buyer demographic, potentially limiting the pool of interested parties.
Recent Price Adjustment: The property has undergone a recent price reduction from its original listing, which might raise questions for some buyers regarding initial market reception or pricing strategy.
Limited Bedroom Count for Price: While luxurious, the 3-bedroom configuration might be considered modest for some high-net-worth buyers seeking a primary residence for a larger family, given the significant investment.

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