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Real Estate

May 19, 1994|Debora Vrana, Times staff writer

Renewed Market: In another sign that the market for large custom-built homes is growing, a private gated oceanfront community in north Laguna Beach announced it sold six custom sites for more than $9 million during the first week of May.

The community, Smithcliffs, has sold 10 of its 26 home sites since January. Construction has already started on one estate.

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