Billy Joel Pulls Waterfront Long Island Mansion Off Market After Failed Sales Efforts
Prolific singer-songwriter Billy Joel has pulled his 21-acre North Shore Long Island waterfront estate, dubbed MiddleSea, from the market after a revamped sales plan and subsequent price reduction failed to secure a sale. The property, valued at $29.9 million, had been listed for sale in pieces since last year, with its sprawling main house asking $25 million.
Joel initially put the entire estate up for sale in 2023, but it remained unsold due to its lengthy renovation timeline. To revive interest, his team reconfigured the property into three separate parcels β the main house, two adjacent buildable lots, and a gatehouse that had already sold for $7 million.
The restructuring effort ultimately failed to generate buzz among potential buyers. Joel loyalists, however, remained interested, despite the price not being enough to spark a bidding war. The sale was said to be "going nowhere," according to Emmett Laffey, CEO of Berkshire Hathaway HomeServices Laffey International Realty, which handled the listing.
Joel purchased the estate in 2002 for $22.5 million and has since spent years renovating it, with some estimates suggesting that the project took over five years to complete. During this time, he never moved back into the main house, preferring instead to stay in the gatehouse or a nearby guest house.
The property boasts an impressive array of amenities, including a spa, ballroom, wine cellar, and bowling alley in the guesthouse, as well as six-car garage, tennis court, helipad, and expansive views of Long Island Sound. Joel has been spending his days in Florida since removing the estate from the market.
Prolific singer-songwriter Billy Joel has pulled his 21-acre North Shore Long Island waterfront estate, dubbed MiddleSea, from the market after a revamped sales plan and subsequent price reduction failed to secure a sale. The property, valued at $29.9 million, had been listed for sale in pieces since last year, with its sprawling main house asking $25 million.
Joel initially put the entire estate up for sale in 2023, but it remained unsold due to its lengthy renovation timeline. To revive interest, his team reconfigured the property into three separate parcels β the main house, two adjacent buildable lots, and a gatehouse that had already sold for $7 million.
The restructuring effort ultimately failed to generate buzz among potential buyers. Joel loyalists, however, remained interested, despite the price not being enough to spark a bidding war. The sale was said to be "going nowhere," according to Emmett Laffey, CEO of Berkshire Hathaway HomeServices Laffey International Realty, which handled the listing.
Joel purchased the estate in 2002 for $22.5 million and has since spent years renovating it, with some estimates suggesting that the project took over five years to complete. During this time, he never moved back into the main house, preferring instead to stay in the gatehouse or a nearby guest house.
The property boasts an impressive array of amenities, including a spa, ballroom, wine cellar, and bowling alley in the guesthouse, as well as six-car garage, tennis court, helipad, and expansive views of Long Island Sound. Joel has been spending his days in Florida since removing the estate from the market.