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Sunday, December 1, 2013

Billy Joel relists home he's been trying to sell for the longest time


Billy Joel relists home he's been trying to sell for the longest time

Off and on for almost five years, singer Billy Joel has been trying to sell this Nate Berkus-decorated Hamptons mansion in Sagaponack, N.Y.

In 2007, Joel bought the home from actor Roy Scheider for $16.8 million, reportedly as a gift for his then-wife of three years, celebrity foodie Katie Lee. But in 2009 their marriage broke up and he put the house on the market -- for $22.5 million. After unsuccessful price cuts to $19.9 million, $18.5 million and then a mere break-even $16.8 million (as chronicled by Curbed Hamptons), Joel gave up.

Now it's listed again, Curbed reports -- this time for more than ever, $23.5 million. That price will get you more than an acre of land including 145 feet of oceanfront and "sunset views of farmfield reserves"; 5,500 square feet of living space; cooking facilities suited to a pro; a luxurious tub right in front of a fireplace in the master bathroom; and a detached studio.

Think he'll end up discounting it again? You may be right. He may be crazy.

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