The Smithcliffs gated community in Laguna Beach, California offers the ultimate in privacy & location as a small collection of twenty one large estate homes occupy this exclusive neighborhood. Located just south of the gated community of Emerald Bay and just north of Crescent Bay is the luxury community of Smithcliffs. A newly listed home has recently come on the market listed for $5,999,000 as a short sale. Only two listings are for sale in Smithcliffs with another home listed for sale at $6,999,000. Short sales in Laguna Beach are on the rise and more and more luxury homes are now coming on the market as short sales. Short Sale listings typically come on the market 3-5% under market value which provides a great opportunity for serious Laguna Beach home buyers. If you are in the market to buy a home in Laguna Beach we encourage you to view the many great deals currently on the market. Of course, you can always call us direct at 949-355-1622. We specialize in Laguna Beach short sales and help you find the very best deal here in Laguna Beach, California.