The Piano Man finally found a buyer for one of his oceanfront homes.
Billy Joel sold his oceanfront Manalapan mansion for $42.6 million, after listing the estate on and off for six years.
Joel’s 1110 South Ocean LLC sold the estate at 1110 South Ocean Boulevard, according to listing sites. The new deed has yet to register in public records and the buyer is unknown.
Christian Angle of Christian Angle Real Estate represented both the buyer and seller in the deal.
The five-time Grammy Award winner and “Uptown Girl” and “Piano Man” singer is a longtime South Florida resident. In 2006, he flipped a waterfront Miami Beach house for $3.6 million.
He bought the Manalapan estate for $22.1 million in 2015, records show. Built in 2010 on 1.6 acres, the mansion spans nearly 13,400 square feet, according to property records. It has eight bedrooms, 11 bathrooms, one half-bathroom, a theater, pub room and library, according to records and the listing. The estate includes a two-bedroom guest house, a 12-car garage, a pool and 150 feet of frontage on both the ocean and the Intracoastal Waterway, the listing shows.
Joel first listed the estate for $31.9 million in 2018. He delisted and relisted it several times in subsequent years, asking as much as $64.9 million for the compound at the South Florida market’s pandemic peak. It returned to the market in January asking $54.9 million, and the asking price got a haircut to $49.9 million in March.
Earlier this year, reports speculated that Joel was likely the hidden buyer in the January purchase of a waterfront Boca Raton mansion for $29 million, which briefly held the title of the city’s priciest home.
Agents say demand has picked up for luxury homes in Manalapan, many of which have the benefit of water frontage on both the ocean and Intracoastal Waterway, allowing homeowners beach access and dock facilities for their boats. Manalapan estates are larger and less expensive than comparable homes in nearby Palm Beach.
Many say Manalapan is poised for new prominence in South Florida’s ultra-luxury sector. Billionaire Oracle co-founder Larry Ellison dropped $277.4 million on the town’s Eau Palm Beach Resort & Spa in August and is set to open a Nobu restaurant there in the coming months, according to published reports.
Joel, for his part, is looking to unload some of his most significant real estate holdings. Earlier this month, he listed his oceanfront estate on Long Island’s Oyster Bay for $49.9 million, according to published reports.
