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Billy Joel Buys Another Home

BUYER: Billy and Katie Lee Joel
LOCATION: Gibson Lane, Sagaponack, NY
PRICE: $12,999,000
SIZE: 1,500 square feet (approx.), 3 bedrooms, 2 bathrooms
DESCRIPTION: Oceanfront Sagaponack. Just renovated...beach cottage. 3 bedrooms and 2 full baths. New kitchen, baths and floors. The whole house is freshly painted white. "Potential" for new home with pool and finished basement on 1.6 acres.

According to Braden Keil in his recent Gimme Shelter column in the New York Post, mega rich singer and property maven Billy Joel has purchased another oceanfront property in swanky Sagaponack in the Hamptons.


BillyJoelSAG2_PICS2.jpg


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Comments (4)

13,000,000 for 1500 square ... (Below threshold)

13,000,000 for 1500 square feet???? That's just stupid, I don't care where it is....

Did he previously own the h... (Below threshold)
Imhotep:

Did he previously own the house shown as "1st house" and now bought the "2nd house" or does the 13 mil get both of the houses.

It seems both lots would need to be included to get to 1.6 acres; not just the half lot with the 1500 sq/ft house.


BTW, it still looks like a teardown to me. But, I don't live anywhere near the ocean.

Shoot. I'd have sold him mi... (Below threshold)
JoeC:

Shoot. I'd have sold him mine for %10 of the cost. Of course its in Texas, not NY. And its not in a 'swanky' neighborhood. And it overlooks the high school parking lot. And its only a 1/4 acre. But it is one large closet bigger so what a bargain!

He bought house #1 from Roy... (Below threshold)
Alex:

He bought house #1 from Roy Schieder over the summer, and is now purchasing the one next door.


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