Billy Joel is hoping he “may be right” about the latest price for his Florida mansion.
His estate in Manalapan, Florida, was recently relisted for $54.9 million—$10 million less than its last asking price six months ago.
Joel purchased the home in January 2015 for $22.1 million, according to property records. He initially listed it for sale in April 2018 for $31.9 million, but removed the listing just four months later.
In November 2022, he relisted the estate for almost $35 million more at $64.9 million. The listing was then removed in August and remained off market until last month, when Christian Angle of Christian Angle Real Estate listed it for $54.9 million. Angle wasn’t immediately available for comment.
Despite the rollercoaster price history, the 1.61-acre estate has obvious appeal. Built in 2010, the 13,349-square-foot, Mediterranean-style home includes nine bedrooms and 11 full bathrooms. There’s plenty of entertaining space across the main building’s three stories and anterior guest house.
An expansive fountained terrace leads to the main home’s entrance. The interior two-story foyer, punctuated by a large crystal chandelier, is an ideal space for a grand piano. Coffered ceilings, white stonework and black decorative railings surround the double staircase.
Other amenities include an oversized bathroom with fireplace, ocean-view balconies, pub room with marble bar, home cinema, temperature-controlled wine cellar and air-conditioned 12-plus car garage.
Covered patios extend the entertaining outdoors and are adjacent to the pool deck. Beyond the swimming pool is a grassy area and gate that provides access to the ocean.
The front guest house is just across the street from a private deep-water concrete dock on Lake Worth Lagoon. It includes two bedrooms, a kitchenette, washer and dryer and elevator.
There is also a full staff house with two bedrooms and a kitchen.
Last week Joel, 74, released his first original song in 17 years, “Turn the Lights Back On.” He performed the song at the Grammy Awards on Sunday and closed out the show with his 1980 hit “You May Be Right.”