856 Diamond Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath
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Laguna Beach, California 92651
This Architectural Masterpiece is a High-Potential Investment Opportunity, listed at $7,395,000—positioned well below the $7,781,121 Fair Market Value by 4%. This valuation gap offers $386,121 in Instant Equity. Featuring an Excellent Condition Rating, this Mark Singer-designed home offers unobstructed panoramic ocean views, a chef's kitchen, and Tesla solar panels. Located in the Laguna Beach Unified district with Top-Rated Schools, this residence is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking architectural significance and coastal prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 856 Diamond Street Subject | $7,395,000* List Price | 4 | 5 | 4,513 | $1,724 | - |
A 791 Nyes Place Sold | $6,100,000 | 4 | 4 | 3,264 | $1,869 | 0.9 mi |
B 2300 Crestview Active | $7,450,000 List Price | 4 | 5 | 4,228 | $1,762 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property features a recent high-end renovation including newly installed quartzite countertops, backsplash, and premium appliances (Hestan, Liebherr, Cove). The addition of fully owned Tesla solar panels and the mint condition of the architectural finishes align with the <5y renovation criteria for an excellent rating.
Elementary School: Top Of The World Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Designed by renowned architect Mark Singer, this contemporary masterpiece features signature clean lines, walls of glass, and a seamless indoor-outdoor flow that epitomizes luxury coastal design.
A rare and highly valuable asset in Laguna Beach, the property provides parking for up to seven vehicles, including a three-car garage and four additional off-street spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The current list price of $7.395M reflects a significant jump from its $6M sale in 2022, which may require strong market justification to satisfy discerning luxury buyers.
While the primary suite is on the main level, the multi-story configuration and reliance on the architectural staircase may be a drawback for buyers prioritizing single-level accessibility.
Welcome to a Mark Singer architectural masterpiece, where contemporary design meets the beauty of the Pacific. Perched in the coveted Woods Cove enclave of Laguna Beach, the home captures breathtaking, unobstructed views of Catalina Island and mesmerizing coastline views the moment you enter. Walls of glass, clean architectural lines, and seamless indoor-outdoor living create an atmosphere of refined coastal luxury. The thoughtfully designed floor plan offers four bedrooms, including a stunning main-level primary suite with floor-to-ceiling windows framing panoramic ocean and city light views. The spa-inspired bath features heated floors, vaulted ceilings, and timeless finishes. The chef's kitchen is appointed with newly installed quartzite countertops and backsplash, a large center island, walk-in pantry, and premium appliances including a Hestan range, Liebherr refrigerator, Cove dishwasher, and built-in two-drawer refrigerator. Fully owned Tesla solar panels provide exceptional energy efficiency without compromising luxury. A tranquil water feature welcomes you to the expansive ocean-view deck, creating the perfect setting for entertaining or enjoying spectacular sunsets. The home's signature architectural staircase captures natural light, sparkling ocean reflections, and colorful evening skies. The lower level is designed for entertaining, featuring a spacious media room with a built-in projector, an expansive ocean-facing deck, and a climate-controlled 800-bottle wine cellar that can also serve as a sophisticated office or creative studio. Each secondary bedroom enjoys private terraces, separate entrances, and beautiful coastal views. A rare offering in Laguna Beach, the property provides exceptional parking with a three-car garage, three additional driveway spaces, and one designated off-street parking space, accommodating up to seven vehicles. Just moments from world-class beaches, renowned dining, boutique shopping, and Laguna Beach's celebrated art scene, this iconic residence presents a rare opportunity to experience architectural significance and effortless coastal living in one of Laguna Beach's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,513 | 2,351 |
| Lot Size | 9,000 | 6,231 |
| Price | $7.39M | $3.25M |
| Price per sq ft | $1.6K | $1.7K |
| Built year | 2003 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 5 | 71 |
Jul 17, 2026
$7,395,000
Initial Listing
Apr 18, 2022
$6,000,000
Public Record
Feb 18, 2021
$4,200,000
Public Record
May 13, 2010
$3,028,000
Public Record