581 Diamond St

2,953 Sq. Ft.
$914 / Sq. Ft.
2,953
Sq. Ft.
$914
per Sq. Ft.

Description

Located in the heart of Woods Cove, renowned Artist Walter Foster, constructed this magnificent French Revival residence in 1940 with additional guest house in 1945. This is a Mills Act historical home that is granted a dramatic reduction in tax basis. Current property tax is $4,745/year. Privately nestled on Diamond Street with expansive Catalina, ocean and white water views from nearly every room. The 3 bedroom, 3.5 bath main house features a large living room with 23 foot ceilings, wood and gas...Located in the heart of Woods Cove, renowned Artist Walter Foster, constructed this magnificent French Revival residence in 1940 with additional guest house in 1945. This is a Mills Act historical home that is granted a dramatic reduction in tax basis. Current property tax is $4,745/year. Privately nestled on Diamond Street with expansive Catalina, ocean and white water views from nearly every room. The 3 bedroom, 3.5 bath main house features a large living room with 23 foot ceilings, wood and gas burning fireplace, large windows and French doors. Dining room opens to massive ocean views, French doors and romantic Juliet balcony. Chefs kitchen with stainless steel appliances, walk in pantry, with charming Dutch door leading to exterior stairs down to a private guest room with office and en suite bath. Generous master suite features a fireplace, sitting area, walk in closet, double vanity master bath and dramatic ocean and white water views. Other highlights of the main house include separate family room, main level en suite guest bedroom, plus guest powder and laundry room. Private 1 bedroom/1 bath guest cottage with living room w/gas fireplace, kitchen, bonus room/loft space, surrounded by a large wrap around deck with ocean views from Catalina to Palos Verdes. Whether one chooses to walk up the lushly lined walkways or take the elevator from the street level 2 car garage, an immediate sense of a bygone era of Laguna elegance is realized.

Listing Agents

  1. Bernadette Whelan

    Bernadette Whelan

    Alternative Listing Agent

    Compass

    DRE #01913621

  2. Listed by Sherrie Larsen • DRE #01897939 • Brokerage DRE #01778230 • Surterre Properties

Property Details for 581 Diamond Street

Architectural Style
French
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 09/26/2018 04:29 AM

Property Details for 581 Diamond Street

StatusClosed
MLS #LG18038504
Days on Market149
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.15 AC / 6,332 SF
CountyOrange County

Location

Listing Courtesy of Surterre Properties, Bernadette Whelan, DRE #01913621; Surterre Properties, Sherrie Larsen, DRE #01897939

Sold By Villa Real Estate, Harold Parker, DRE #01368199

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Building Information for 581 Diamond Street

Stories2Year Built1940Building Size-Lot Size0.15 AC / 6,332 SF

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$14,526 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,159

Property Taxes

$1,367

HOA Dues

$0

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Property Information for 581 Diamond Street

Income / Expense / Tax Details
Income Details
  • Financing: Cash to New Loan
Tax / Assessment Info
  • Tax Tract Number: 764
  • Tax Census Tract: 626.20
  • Tax Lot: 53
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Dishwasher, Free-Standing Range, Disposal, Refrigerator
  • Equipment: Dishwasher, Disposal, Refrigerator, 6 Burner Stove, Free Standing Range
  • Interior Features: Cathedral Ceiling(s), Living Room Deck Attached, Pantry
  • Room Type: Kitchen, Laundry, Living Room, Loft, Master Bathroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Rooms: Guest House
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Room Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Bedroom Features: WalkInCloset
  • Room Kitchen Features: Granite Counters, Walk-In Pantry
  • Eating Area: Dining Room
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Laundry Location: Laundry Room, Inside
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace Rooms: Living Room, Master Bedroom
  • Fireplace: FP in Living Room, FP in Master BR
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Wood
  • Flooring: Wood
  • Virtual Tour URL Branded: https://vimeo.com/260582734
  • Virtual Tour URL Unbranded: https://player.vimeo.com/video/260582734
Exterior Features
  • Door Features: French Doors
  • Window Features: French/Mullioned
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Smoke Detector, Carbon Monoxide Detectors
  • Exterior Features: Lighting
  • Roof: Fire Retardant
  • Other Structures: Guest House
  • Miscellaneous: Suburban
  • View Description: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio: Yes
  • Patio: Stone/Tile, Porch - Front
  • Patio And Porch Features: Front Porch, Stone
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: Above Ground
  • Tennis Court: Guest House
Land/Lot Info
  • Lot Features: Landscaped, Sprinkler System, Up Slope from Street
  • Lease Considered: No
  • Number Of Units: 1
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Driveway
Property / Structure Info
  • Builders Tract Name: Woods Cove
  • Builders Tract Code: Woods Cove (WC)
  • Architectural Style: Tudor/French Normandy
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 581 Diamond Street

DateEvent & SourcePriceAppreciation
Sep 26, 2018

Sold

CLAW #LG18038504MR

$2,700,000—
Sep 26, 2018

Sold

SDMLS #LG18038504

$2,700,000—
Sep 26, 2018

Sold

CRMLS #LG18038504

$2,700,000—
Aug 20, 2018

Sold (Public Record)

Public Record #631487038

$2,700,000

+4.5% / yr

Aug 14, 2018

Pending

CRMLS #LG18038504

—
Aug 14, 2018

Pending

CLAW #LG18038504MR

—
Jul 27, 2018

Price Change

CRMLS #LG18038504

$2,990,000—
Jul 16, 2018

Price Change

CRMLS #LG18038504

$3,130,000—
May 21, 2018

Price Change

CRMLS #LG18038504

$3,275,000—
Apr 10, 2018

Price Change

CRMLS #LG18038504

$3,395,000—
Mar 18, 2018

Listed (Active)

CRMLS #LG18038504

$3,580,000—
Mar 18, 2018

Listed (Active)

CLAW #LG18038504MR

$3,580,000—
Mar 18, 2018

Listed (Active)

SDMLS #LG18038504

$3,580,000—
Feb 15, 2008

Sold

CRMLS #U7005160

$1,700,100—
Feb 15, 2008

Sold

CLAW #U7005160MR

$1,700,100—
Jan 10, 2008

Sold (Public Record)

Public Record #232856788

$1,700,500

-14.0% / yr

Jan 10, 2008

Pending

CLAW #U7005160MR

—
Jan 10, 2008

Pending

CRMLS #U7005160

—
Dec 28, 2007

Listed (Active)

CLAW #U7005160MR

$1,449,900—
Dec 28, 2007

Listed (Active)

CRMLS #U7005160

$1,449,900—
Oct 22, 2007

Expired

CLAW #U7001890MR

—
Oct 22, 2007

Expired

CRMLS #U7001890

$2,595,000—
Aug 17, 2007

Withdrawn / Cancelled

CLAW #U7001965MR

—
Aug 17, 2007

Withdrawn / Cancelled

CRMLS #U7001965

$2,499,000—
May 2, 2007

Listed (Active)

CLAW #U7001890MR

$2,595,000—
May 2, 2007

Listed (Active)

CRMLS #U7001890

$2,595,000—
Apr 28, 2007

Listed (Active)

CLAW #U7001965MR

$2,499,000—
Apr 28, 2007

Listed (Active)

CRMLS #U7001965

$2,499,000—
Mar 5, 2007

Withdrawn / Cancelled

CRMLS #L21714

$2,795,000—
Mar 5, 2007

Withdrawn / Cancelled

CLAW #L21714MR

—
Oct 24, 2006

Listed (Active)

CRMLS #L21714

$2,795,000—
Oct 24, 2006

Listed (Active)

CLAW #L21714MR

$2,795,000—
Apr 26, 2005

Sold

CRMLS #L16509

$2,600,000—
Apr 26, 2005

Sold

CLAW #L16509MR

$2,600,000—
Mar 14, 2005

Sold (Public Record)

Public Record #155473733

$2,600,000—
Mar 14, 2005

Pending

CLAW #L16509MR

—
Mar 14, 2005

Pending

CRMLS #L16509

—
Feb 28, 2005

Listed (Active)

CLAW #L16509MR

$2,675,000—
Feb 28, 2005

Listed (Active)

CRMLS #L16509

$2,675,000—
DateEvent & SourcePrice
09/26/2018

Sold

CLAW #LG18038504MR

$2,700,000
09/26/2018

Sold

SDMLS #LG18038504

$2,700,000
09/26/2018

Sold

CRMLS #LG18038504

$2,700,000
08/20/2018

Sold (Public Record)

Public Record #631487038

$2,700,000

+4.5% / yr

08/14/2018

Pending

CRMLS #LG18038504

—
08/14/2018

Pending

CLAW #LG18038504MR

—
07/27/2018

Price Change

CRMLS #LG18038504

$2,990,000
07/16/2018

Price Change

CRMLS #LG18038504

$3,130,000
05/21/2018

Price Change

CRMLS #LG18038504

$3,275,000
04/10/2018

Price Change

CRMLS #LG18038504

$3,395,000
03/18/2018

Listed (Active)

CRMLS #LG18038504

$3,580,000
03/18/2018

Listed (Active)

CLAW #LG18038504MR

$3,580,000
03/18/2018

Listed (Active)

SDMLS #LG18038504

$3,580,000
02/15/2008

Sold

CRMLS #U7005160

$1,700,100
02/15/2008

Sold

CLAW #U7005160MR

$1,700,100
01/10/2008

Sold (Public Record)

Public Record #232856788

$1,700,500

-14.0% / yr

01/10/2008

Pending

CLAW #U7005160MR

—
01/10/2008

Pending

CRMLS #U7005160

—
12/28/2007

Listed (Active)

CLAW #U7005160MR

$1,449,900
12/28/2007

Listed (Active)

CRMLS #U7005160

$1,449,900
10/22/2007

Expired

CLAW #U7001890MR

—
10/22/2007

Expired

CRMLS #U7001890

$2,595,000
08/17/2007

Withdrawn / Cancelled

CLAW #U7001965MR

—
08/17/2007

Withdrawn / Cancelled

CRMLS #U7001965

$2,499,000
05/02/2007

Listed (Active)

CLAW #U7001890MR

$2,595,000
05/02/2007

Listed (Active)

CRMLS #U7001890

$2,595,000
04/28/2007

Listed (Active)

CLAW #U7001965MR

$2,499,000
04/28/2007

Listed (Active)

CRMLS #U7001965

$2,499,000
03/05/2007

Withdrawn / Cancelled

CRMLS #L21714

$2,795,000
03/05/2007

Withdrawn / Cancelled

CLAW #L21714MR

—
10/24/2006

Listed (Active)

CRMLS #L21714

$2,795,000
10/24/2006

Listed (Active)

CLAW #L21714MR

$2,795,000
04/26/2005

Sold

CRMLS #L16509

$2,600,000
04/26/2005

Sold

CLAW #L16509MR

$2,600,000
03/14/2005

Sold (Public Record)

Public Record #155473733

$2,600,000
03/14/2005

Pending

CLAW #L16509MR

—
03/14/2005

Pending

CRMLS #L16509

—
02/28/2005

Listed (Active)

CLAW #L16509MR

$2,675,000
02/28/2005

Listed (Active)

CRMLS #L16509

$2,675,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 581 Diamond Street

Taxable ValueLand$580,001Additions$248,572Total$828,573
Tax Record2025$16,408 ($1,367 / month)
Home Facts
Beds1Baths3Total Finished SqFt2,327 SqFtAbove Grade Finished SqFt2,327 SqFtStories3Lot Size5,656 SqFtStyleSingle Family ResidenceYear Built1941CountyORANGEAPN644-292-17Fireplace TypeHas Fireplace

Schools near 581 Diamond Street

This home is within Laguna Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 7
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

St. Catherine Of Siena Parish School
PrivateK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Surterre Properties, Bernadette Whelan, DRE #01913621; Surterre Properties, Sherrie Larsen, DRE #01897939

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.