Billy Joel knocks down the price of his mansion on Long Island

Singer Billy Joel has whacked the asking price of his Tudor-style, waterfront mansion in Oyster Bay, N.Y. on Long Island, from $37.5 million to $32.5 million.

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Joel paid $22.5 million in 2002 through his F Scott LLC company for the 14,273-square-foot mansion at 502 Centre Island Road, which was built in 1994, and its 14.6-acre property, according to public records. He listed the estate last September for $37.5 million. At the time, our friends over at Luxist wrote what really was the definitive work on the estate. Check out their coverage of it at the time.

Joel, it seems, is always buying and selling real estate. He famously sold his mansion at 332 Further Lane in East Hampton, N.Y. in 2000 to Jerry Seinfeld for a then-record $32 million, he currently owns a place in Sag Harbor, N.Y. and property in Miami, and he also bought and then quickly sold a 2,681-square-foot unit in the Hubert building at 7 Hubert Street in Manhattan, which he purchased in October 2004 for $3.9 million and sold in March 2006 for $4.25 million, according to public records. And at the time that he first listed his Oyster Bay property in September 2006, the rumor was that Joel and his twentysomething wife Katie had decided to move to Manhattan permanently once the renovations were done to yet another property he owns—the town house at 23 Perry Street in the West Village, which he purchased in early 2006 for $5.9 million, according to public records. However, a New York Times article in September 2006 remarked on Joel’s frustration at not being permitted to build a dock on the Centre Island property, which is because its harbor is a national wildlife refuge.

Features in the renovated five-bedroom mansion in Oyster Bay include three maids’ rooms, a paneled library, a chef’s kitchen with double-height ceilings, large public rooms with fireplaces, a bowling alley and an indoor pool, according to a New York Post article last September about the mansion going on the market. Outside are a three-bedroom guesthouse, a three-bedroom beach house, an outdoor pool, a tennis court, and a dock, all located on about 1,550 feet of waterfront, the article reported.

Check out the house’s listing sheet here.

By Bob Goldsborough at 29 March, 2007, 6:04 am

Berg Properties is licensed in Illinois, Texas, Minnesota and Missouri.

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Comments
Olga 28 February 2011

The Citrus house is for her parent and her brother Todd and Jennifer live in the Gardner house. She is being a good daughter and sharing the wealth with the family.

Derek 7 March 2011

Alpharetta GA. North East suburb of Atlanta and same neighborhood where Lori Lynn lives.

Greg 9 March 2011

Didn’t American Idol mean man Simon Cowell bail out Miss Barrino’s cash strapped real estate ass?

Greg 9 March 2011

I would so purchase Whitney Houston’s 8,022-square-foot Alpharetta, Ga home. I would also purchase her home on North Gate Road in Mendham Township, NJ…

janette 22 May 2011

what is it with people and big houses like if only 2 or 3 people live in there then whats the point if having 30 rooms and 20 bathrooms????!!!!

janette 22 May 2011

i agree with olga but why dou need a big house just to be known as the cool one u still could be cool without a big house!!!!!!!!!!!

Ben Chandler 25 May 2011

SongWrite You know a great song when you hear one, so why can it seem so hard to write one? How is it that some songwriters can crank out classic hit after hit, while others struggle to write one single decent song?

Reefeater 31 May 2011

What’s wrong with having a big house if you can afford it? Just because you live by yourself or with one other person instead of six doesn’t mean you should be in a smaller place; that doesn’t make any sense. People, by nature, need space.

rick 2 July 2011

If Dido comes with it I will take it!

Chris wants a room 3 July 2011

how do you modivate a nasty room mate to help clean the house?

manuel murillo ayon 13 July 2011

hey this is manuel from somerton arizona i like your songs your movies and i just to say hie and make more songs i already saw the video u did in miami and it was so colll and the ferrari and lamburging

Charles Volcher 15 August 2011

Does anyone know the amount the apartment is worth now

fatriff 21 August 2011

“how do you modivate a nasty room mate to help clean the house?”

It would probably help if you learned how to spell motivate 1st.. No wonder they aren’t helping when they don’t have a clue what your talking about!

christina smith 10 October 2011

I loved U Miss Ross U have a beautiful House. I wish i could live in it with u. You are my idol. I listen to all your songs. I wish i have the money to buy it.. Leave the house for your grandchild. There is nothing having a big house. U work hard making movies and singing from your heart. U desire the best. keep doing your thing U are so beatiful. God Bless U

Charles Owends 17 November 2011

I am would like to see more of this house and also I would like to know how much taxes on this house I like more pictures I am looking to make a offer

Kasey 7 January 2012

Actually it wasn’t just two people. Nikki had three kids from a previous marriage who visited often and she had her son who lived with her, plus their had a child together. So they needed more than enough room.

Kasey 7 January 2012

Plus “they” had a child together. Forgive my spelling error

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