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Neil Simon sells beach home for $4.5-million

Pulitzer Prize-winning playwright Neil Simon, whose new play London Suite just opened in Seattle, has sold his Malibu, Calif., beachfront home of seven years for $4.5-million. The house had been on the market at $4.95-million.

Simon, whose play Laughter on the 23rd Floor ended its Broadway run in August, owns a home in the posh Los Angeles neighborhood of Bel-Air and a penthouse on Park Avenue in Manhattan.

He sold his five-bedroom, nearly 5,000-square-foot Malibu home, with 80 feet of beach frontage, to Martin and Susan Loughman. Her father is Roy E. Disney, Walt Disney's nephew.

The Loughmans, who were married in 1988, were living in a Denver suburb when he was appointed two years ago as president and chief operating officer of Shamrock Broadcasting, a unit of Burbank, Calif.-based Shamrock Holdings, which is wholly owned by the Roy E. Disney family.

Simon, 67, won a Pulitzer prize and a Tony for his 1991 play Lost in Yonkers, which was turned into a film last year. His play Biloxi Blues also won a Tony.

A former staff writer on the early television comedy series Your Show of Shows, Simon became one of Broadway's most prolific playwrights, with many of his plays _ including Barefoot in the Park, The Odd Couple and The Sunshine Boys _ turned into films.

The Malibu house is next door to the lot Simon sold in early September for slightly more than $2-million to actor Robert Redford, who has a home on the other side of the lot.

Computer software king Peter Norton and his wife, Eileen, have put their 10-bedroom, Santa Monica, Calif., home on the market at $8.5-million.

In what is believed to be the biggest single-family home sale in the history of Santa Monica, they bought the home in 1992 for $8-million.

The Nortons are moving to a smaller home near their Santa Monica estate.

The Nortons' estate includes a 13,000-square-foot main house and a 2,200-square-foot guest house, all on about 1.5 acres, with a secret garden, tree house and tennis court. The gated home also has a two-story library.