Billy Joel is in contract to sell his expansive Manalapan, Florida, mansion after six years of price fluctuations and market adjustments. The iconic singer first listed the estate in 2018 for $31.9 million, but over the years, the property’s asking price rose to $49 million. Located in the exclusive Manalapan community, the Mediterranean-style mansion sits on 3.76 acres of oceanfront land with approximately 200 feet of direct Atlantic Ocean access, along with frontage on the Intracoastal Waterway.

Billy Joel has finally found a buyer for his 13,300-square-foot Florida mansion after six years on and off the market and multiple price reductions.

Joel originally purchased the home in 2014 for $18.2 million after a real estate hunt that reflected his desire for both seclusion and luxury. The estate, which spans about 13,000 square feet, offers seven bedrooms and eight-and-a-half bathrooms, making it one of the grander homes in this upscale South Florida area. The design of the house includes multiple terraces that provide stunning views of the ocean, bringing natural light into the expansive living spaces. The home’s Mediterranean aesthetic, combined with high-end finishes and luxurious indoor-outdoor flow, is a perfect reflection of the lifestyle the musician sought.

He originally bought the Manalapan estate for $22.1 million in 2015, listed it for as high as $64.9 million and ultimately reduced the asking price to $49.9 million.

Inside, the mansion is designed with elegance and comfort in mind. The grand foyer opens up to large living and formal dining areas. The home features a gourmet kitchen with top-of-the-line appliances, marble countertops, and custom cabinetry, ideal for both entertaining and intimate family gatherings. Joel, known for his love of performing and hosting, also incorporated a grand piano room, a space that is not only symbolic of his music career but also serves as a gathering spot for guests.

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

Each of the seven bedrooms offers its own unique charm, with the primary suite featuring expansive views, a luxurious en-suite bathroom with a soaking tub, and private terrace access. The additional bedrooms, all equipped with en-suite bathrooms, are equally well-appointed, ensuring privacy and comfort for family or guests.

One of the standout features of the property is its extensive outdoor space. A resort-style pool surrounded by lush gardens provides a serene oasis for relaxation. The private dock along the Intracoastal Waterway offers easy access for boating, making the property ideal for water enthusiasts. The estate’s landscaped grounds, which include tropical flora and palm trees, add to the feeling of being in a secluded paradise, while still being minutes from the amenities of nearby Palm Beach.

Over the years, the home’s pricing has reflected the fluctuating luxury real estate market in South Florida. Joel’s decision to list the property has been influenced by changing market dynamics, with the area experiencing an influx of high-end buyers seeking beachfront properties. While the estate faced challenges in finding a buyer initially, the high demand for luxury homes in Manalapan has kept it on the radar for affluent investors.

Manalapan, located just south of Palm Beach, is known for its exclusivity and prestigious properties. The area offers a mix of privacy and luxury, attracting celebrities and business moguls. The community’s proximity to world-class dining, shopping, and cultural attractions makes it a desirable location for those seeking a blend of coastal living and urban conveniences.

Joel’s mansion, with its dual waterfront access, makes it a rare find in the South Florida luxury real estate market. The property not only offers stunning views of both the ocean and Intracoastal Waterway but also provides unparalleled access to water-based activities. Few properties in the area offer such a combination of oceanfront and waterway frontage, making Joel’s estate a standout listing.

The final sale price is still pending and hasn’t been disclosed.

The estate has seen its share of market ups and downs, but with the home now under contract, the final sale is expected to close soon. The exact sale price has not been disclosed, but the listing history and high-profile nature of the property suggest that it will be one of the more significant sales in South Florida this year.

This marks a significant real estate transaction for Billy Joel, who has been involved in buying and selling luxury properties over the years. The sale of his Manalapan estate reflects the musician’s transition away from his South Florida holdings, while the buyer will acquire one of the most luxurious estates in the area, offering privacy, space, and breathtaking views.