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

702 Diamond, Laguna Beach, California 92651 home-pic-0

702 Diamond

Laguna Beach, California 92651

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,500Sq Ft
8,000Lot Size

Property Price

LIST PRICE$7,248,000
EST. MARKET VALUE
$7,248,000

SUMMARY

Estimated Market Value

$7,248,000
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
702 Diamond
Subject
$7,248,000*
List Price
342,500$2,899-
A
840 Gainsborough
Active
$6,995,000
List Price
453,215$2,1760.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2024 contemporary construction featuring high-end finishes such as wide-plank white oak flooring and Venetian plaster walls. The state-of-the-art chef's kitchen is equipped with premium Wolf, Sub-Zero, and Miele appliances, while the property includes modern energy-efficient systems, solar panels, and a resort-style outdoor living area with a new pool and spa.

PROSSTRENGTHS & OPPORTUNITIES

  • 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).

  • Modern Luxury Construction

    Completed in 2024, this brand-new contemporary masterpiece features high-end finishes including Venetian plaster walls, wide-plank white oak flooring, and a state-of-the-art chef’s kitchen with Wolf and Sub-Zero appliances.

  • Resort-Style Outdoor Living

    The property excels in outdoor entertainment with a dipping pool, spa, and a covered California room equipped with built-in heaters and privacy shades, all set against panoramic ocean and canyon views.

CONSRISKS & DEFICIENCIES

  • High Price Per Square Foot

    At a listing price of over $7.2M for approximately 2,500 square feet, the property commands a significant premium that may challenge buyers seeking more interior volume for their investment.

  • Limited Bedroom Count

    The three-bedroom configuration may be a drawback for larger families or luxury buyers who expect more guest accommodations or dedicated office spaces at this price point.

About 702 Diamond

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
8,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Laguna Beach Unified Schools

Top Of The World Elementary School

Grades K-5 • 1.2 mi

9/10

El Morro Elementary School

Grades K-5 • 3.2 mi

9/10

Thurston Middle School

Grades 6-8 • 1.2 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
68%
Square foot2,5002,054
66%
Lot Size8,0006,041.5
77%
Price$7.25M$3.06M
91%
Price per sq ft$2.9K$1.6K
92%
Built year20241965
97%
HOA$0$0
50%
Days on market208202
58%

Pricing History

Listed for Sale

Dec 3, 2025

$7,248,000

$7,490,000

-3% Price Drop

Initial Listing

Price Change

Aug 11, 2025

$7,490,000

Initial Listing

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