The world knows he’s the “Piano Man,” but it appears Billy Joel ‘s not super good at the real estate game.
But who is these days?
The songster’s two adjacent Manalapan properties, 1920 and 1940 South Ocean Blvd, were just relisted for a discounted price after briefly being taken off the market last month.
The price of the recently renovated property at 1920 South Ocean was dropped from $19.5 million to $18.5 million. The lot at 1940 is for sale for $9.5 million, but buyers can save a cool mill if they buy them together for $27 million.
The properties have been on the market for 15 months, which likely seems to Joel like “The Longest Time,” especially considering he put them on the market the year after he bought them.
It’s clear Joel is trying to cash in, considering he only spent a combined $18.2 million for the two properties.
Songstress Celine Dion is struggling to unload her Jupiter Island manse as well, and just slashed $7 million off its price. — Read the full story here!
And we bet the prices keep dropping!
Maybe when it comes to high end luxury real estate, the song of the day should be: “We Didn’t Start The Fire … Sale.”
This is how the properties are described by the listing broker:
“Amazing opportunity to purchase 300+/- feet ocean to Intracoastal water-frontage (combining the 2 properties). One lot has a spectacular renovated home and the other has endless opportunities!!. Nested in the heart of Manalapan, this ravishing estate offers plenty of direct Intracoastal and oceanfront footage. Perfect for the beach or boating South Florida Lifestyles! This estate’s recent major renovations completed 2016, have merged the 21st Century aesthetics with the property’s previous old world charm. This ”Modern Mediterranean Island Transitional” home consists of the main house with 7 Bedrooms & 7.5 Bathrooms. It also has a separate 2/1 guest house, and cabana bath. **NOTE** Properties available for purchase separately.”
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