Spyro Kemble sells an oceanfront property with stunning coastline views located at 2054 East Oceanfront on the Balboa Peninsula for $10,250,000. In this all-cash, six-day escrow transaction, Kemble represented the buyer. The owner of the home is making waves in the business world—his company, Albertsons Companies Inc. (ACI), just went public, marking the largest IPO this year to date. Kemble put his years of luxury real estate industry experience to use as he negotiated the home’s final price with the selling agent, making a quick close possible while staying favorable to both sides.
Evoking the epitome of beach chic, 2054 East Oceanfront is an elegant five bedroom villa with a coastal palette and an abundance of natural light. Interior designer Tracey McKee opened up the floor plan with the most current industry trends to showcase the most impressive detail of the home: its forever ocean views. A wall of retracting sliding glass doors reveals a seafront deck—featuring an al fresco dining area, fireplace, and built-in barbeque—that melds with the great room for true indoor-outdoor living. Upstairs, the waterfront master retreat is a sanctuary with a spa-like bath. The residence is completed by an extraordinary rooftop deck that boasts a fireplace and breathtaking vistas of the world-famous Wedge surf spot.
Spyro Kemble is recognized as a luxury real estate innovator and thought leader. With a passion for life and a keen eye that appreciates the finer things, Kemble’s energy, quick wit, and relatability have created a platform for him in the public eye as a star of the Bravo series “Real Estate Wars.” A former president of the Newport Beach Association of REALTORS®, Kemble’s unwavering dedication has allowed him to flourish throughout the ebbs and flows of the market.
Over Kemble’s career, he has amassed more than a half billion dollars in total home sale transactions—an achievement that has led to him being a featured speaker at Inman Luxury Connect and a contributing writer to Inman and various other real estate publications.
