If you’re looking for a high-priced and glitzy summer retreat, look no further than Billy Joel’s Hamptons residence in tony Sagaponack, New York. Since splitting from his latest lady love, the unlucky-in-love crooner has decided to downsize his real estate portfolio and is Movin’ Out of this seaside beauty. Unfortunately for Billy, the home hasn’t sold at the same pace as some of his classic hits. This home hit the open market many, many months ago at a listing price of $22,500,000 and has seen multiple rounds of spectacular price cuts. In September of 2010, the price dipped to $19,900,000, then it came down even further to $18,500,000. It now currently sits at $16,750,000. The exact same amount that Joel paid (in ca$h) in June of 2007, when the home was purchased from the late Oscar nominated actor Roy Schneider.
The unassuming home is actually quite large at 5,742 square feet. The shingled residence sits on a flat, 1.44 acre parcel that boasts 145 feet of ocean frontage. The 4 bedroom, 6 bathroom house is designed in a “upside down” style, meaning the public rooms are on the second floor and the bedrooms all rest on the ground floor.
Joel and his former missus gave the home some serious celebrity flair when they hired Oprah’s BFF Nate Berkus to tastefully decorate the home, making it turn-key complete.
Whomever ends up with the keys to this seaside stunner will likely be singing New York State of Mind while enjoying the incredible views.
