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856 Diamond St, Laguna Beach, CA, 92651

4beds
5baths
4,420sqft
$7,395,000
$1,673price/sqft
$45,842/moest. monthly cost
$1,833,680/yrincome needed

About This Home

Welcome to a Mark Singer-designed sanctuary where modern sophistication meets coastal serenity. Perched in the highly sought-after enclave of Woods Cove, this one-of-a-kind 4-bedroom, 4,400 SF architectural marvel offers sweeping, unobstructed views of the Pacific Ocean, Catalina Island, and the pristine coastline of Laguna Beach. From the moment you step through the front door, you're enveloped in floor-to-ceiling ocean vistas, soft coastal breezes, and refined finishes that evoke the indulgence of a five-star resort. Thoughtfully upgraded with newly installed and fully owned Tesla solar panels, the home offers cutting-edge energy efficiency without compromising luxury. The main level hosts a breathtaking primary suite with expansive walls of glass framing the endless seascape and twinkling city lights. The spa-inspired ensuite bath features heated floors, vaulted ceilings, and timeless elegance. A true chef’s kitchen awaits with quartzite countertops and backsplash, a large central island, and top-tier appliances including a Hestan range, Liebherr refrigerator, Cove dishwasher, and built-in two-drawer refrigerator. A spacious walk-in pantry adds convenience and style. Seamless indoor-outdoor living is at the heart of this home, with a tranquil water feature leading to a large entertaining deck—ideal for sunset dinners or lively gatherings under the stars. The mid-level offers a second living area for entertaining, complete with a built-in projector, expansive ocean-facing deck, and a climate-controlled 800-bottle wine cellar—perfect for movie nights or intimate tastings. Each secondary bedroom suite is a private retreat, featuring its own terrace, entrance, and coastal views. One room also doubles as a creative studio or home office. A distinctive staircase adds architectural flair, capturing sunlight and ocean sparkle by day and golden sunsets by night. Practical luxury continues with a generous three-car garage and a full driveway, ideal for guests and car collectors. And with fully owned Tesla solar, you’ll enjoy sustainable living with reduced energy costs—without sacrificing comfort. This is more than a home; it's a lifestyle—a rare opportunity to live above the waves in timeless style, just moments from world-class beaches, restaurants, boutique shopping, and the vibrant Laguna Beach art scene.

Getting Around

31
WalkingCar-Dependent
37
TransitSome Transit
17
BikeSomewhat Bikeable

Schools

8/10
Thurston Middle SchoolGrades 6-81.2 mi
10/10
Laguna Beach High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2003

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Disposal,Gas Range,Refrigerator,Range Hood,Tankless Water Heater
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Enclosed Toilet,Separate Shower,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Balcony,Eat-in Kitchen,High Ceilings,Living Room Deck Attached,Open Floorplan,Storage,Wired for Data,Wired for Sound,Main Level Primary,Primary Suite,Wine Cellar,Walk-In Closet(s)
  • Flooring: Carpet,Stone,Tile
  • Fireplace features: Living Room,Primary Bedroom
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,420 sqft

Kitchen

  • Features: Kitchen Island,Kitchen/Family Room Combo

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 64430251
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Exterior features: Barbecue
  • Spa features: None
  • Has view: Yes
  • View description: Catalina,City Lights,Coastline,Ocean,Panoramic,Water
  • Has water view: Yes
  • Water view: Coastline,Ocean,Water

Lot

  • Lot size: 9,000 sqft
  • Features: Landscaped
  • Lot size dimensions: 9000

Parking

  • Total spaces: 6
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Wildfire
Heat Wave
Inland Flooding
Landslide

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $37,393$448,716
Home Insurance *$1,146$13,752
Property Taxes $6,356$76,272
Electricity $947$11,373
Total$45,842$550,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,571,725/yr
40% on housing$1,375,260/yr
45% on housing$1,222,453/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,673This listing

vs Other Active Listings

Avg $/sqft

ZIP 92651$2,114
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92651$1,559
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-18Price change$7,850,000
2026-01-04Listed for sale$7,995,000
2025-12-05Listing removed$8,875,000
2025-06-30Price change$8,875,000
2025-05-07Listed for sale$9,275,000
2024-06-06Listing removed$7,545,000
2024-03-08Price change$7,545,000
2024-01-17Listed for sale$7,595,000
2022-04-18Sold$6,000,000
2022-02-20Contingent$5,995,000
2022-02-11Listed for sale$5,995,000
2021-02-18Sold$4,200,000
2020-11-23Listed for sale$4,349,000
2020-10-27Pending sale$4,349,000
2020-06-29Listed for sale$4,349,000
2020-03-25Listing removed$4,595,000
2019-08-23Price change$4,595,000
2019-06-13Price change$4,795,000
2019-03-27Listed for sale$4,995,000
2018-11-06Listing removed$4,995,000
2018-06-17Price change$4,995,000
2018-03-20Listed for sale$5,095,000
2017-11-26Listing removed$5,100,000
2017-10-06Price change$5,100,000
2017-02-27Price change$5,500,000
2016-07-25Pending sale$3,695,000
2010-05-13Sold$3,028,000

For Sale by Agent

AgentTiffany Frey
BrokerageLivel Real Estate

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