Billy Joel’s Florida Mansion Price Cut: Now Listed at $49.9M

Billy Joel has cut $15 million off the price of his lavish oceanfront home in Florida as hurricane season approaches, now listing it at $49.9 million. The Mediterranean-style mansion, nestled in the upscale enclave of Manalapan, spans 13,350 square feet and includes nine bedrooms and 11 bathrooms. Initially listed at $64.9 million, Joel first reduced the price to $54.9 million in February before this latest significant cut.

The estate boasts numerous high-end features, including a gourmet kitchen with an island, china and silverware closet, butler’s pantry, theater room with a full bar-equipped pub, paneled library with an intricately detailed fireplace, and an expansive primary wing with dual baths, walk-in closets, and breathtaking ocean vistas. The finished basement includes a 12-plus car garage and a temperature-controlled wine cellar with a wet bar and tasting table. The property also features a separate guest house with two bedrooms, a kitchenette, washer and dryer, and an elevator, as well as a full staff house with two additional bedrooms and a kitchen.

Outdoor amenities include a deep-water concrete dock, an oversized oceanfront loggia with a summer kitchen, al fresco dining, a TV, and a fireplace, along with covered and open balconies, a fountain, and a pristine pool.

The sale of this estate comes amid a broader trend of residents leaving Florida due to its relentless heat, hurricanes, and perilous wildlife. Although Florida saw an influx of over 700,000 people in 2022, nearly 500,000 have since left, disillusioned by unmet expectations. Joel’s representatives have not disclosed why he is selling the property, but he has reportedly purchased a new home in Boca Raton’s exclusive Sanctuary development.

Billy Joel is a music icon renowned for his prolific career as a singer-songwriter and pianist. With a career spanning several decades, Joel has produced numerous hit songs that have become classics, such as “Piano Man,” “Uptown Girl,” and “Just the Way You Are.” Beyond music, he is known for his philanthropy and occasional forays into acting. Joel’s recent decision to slash the price of his luxurious Florida mansion reflects his diverse interests and investment strategies outside of music, showcasing his ongoing impact in both the entertainment industry and real estate market.