Exclusive | Billy Joel now calls for $ 29.9 million for a 14 -hectare strip of his Middlesea compound, including his main palatial house

Billy Joel’s State, Stathe is again on the market, this time with a new configuration and a lower price for his central piece.

The seafront compound, known as Middlesea, has been linked to a price of $ 29.9 million for its main residence of 14 hectares.

The news of this price cut follows the sale of $ 7 million from the property part of the estate to a North Ribera couple and a wider repositioning of the property.

An aerial of the main house of the center of the center. 500Centerisland.com
The entire seafront compound, known as Middlesea, originally reached the market in May 2023 for $ 49.9 million, while even less than a renewal for years. 500Centerisland.com

But the discount is not what it looks like, said Emmett Laffy, CEO of Berkshire Hathaway Homeservices Laffy International Realty, who manages the list.

“The new price reflects the division of the two lots of March of the sea, so the gross price is still the same,” he said.

The estate is now offered as three plots of plots: the main house of $ 29.9 million and two neighboring lots of 3 hectares to $ 4.95 million a piece, providing the full offer of 21 hectares to less than $ 39 million.

“When [Joel] He bought this twenty years ago, bought the main house, “said Laffy.

Now the restructured list separates the property into three plots: the main house of 14 hectares for $ 29.9 million and two compliance lots of 3 hectares adjacent to $ 4.95 million each, maintaining the total value of close to $ 39 million. 500Centerisland.com
The contribution runner, Emmett Laffy, explained to the publication that they have decided to divide the properties into the order that Joel had initially bought them. 500Centerisland.com

Laffy said that there have been several offers in the home, with each potential buyer “a fan” by Joel’s.

“You have extreme fans,” said Laffy. “It’s very special. It’s a very famous house for everyone on the northern shore of Long Island.”

Joel had originally listed the entire compound (not divided) for $ 49.9 million in May 2023, while still under a long renewal.

At that moment, “it was … a scene of the construction,” said Laffy. “As unfinished property, you can never sell this magnitude of a house.”

The kitchen of the main residence is simply massive. 500Centerisland.com
Their reasons are very careful. 500Centerisland.com

The project was ultimately extended more than five years, much more than initially foreseen, and the list stopped.

“The sale,” Laffy added, “it was nowhere.”

The attraction of tents on the estate is this main house of 20,000 square feet that includes five bedrooms, eight bathrooms, large areas, 30 -foot cathedral ceilings and 180 -degree views of Long Island Sound.

The residence also has marble and hard wood lands, a spa, a ballroom, a cellar and a guest house with a bowl. Additional facilities include a beach house, a pool, a private dock, a tennis court, a helipad and a six -car garage inside the maintenance house.

Joel sold Middlehouse Gatehouse part on Wednesday for $ 7 million. Pictures of getty
An aerial of the door. Dynamic media solutions/frank urso

Joel, who bought the property core in 2002 for $ 22.5 million reported, never moved to the main house during long renewals.

At that time he would stay at the weld door, Laffy said: “Or the guest house near the main house.”

Despite separating from the property, Joel, who rejected the request for comments for the publication, does not plan to leave the area completely.

“Just because I sell this house does not mean that I leave Long Island. I still have a house on Long Island,” he said earlier this year. At the age of 76, the musician, now fighting a brain disorder, added with a laugh: “I will spend a little more time in Florida as the old Jewish boys on Long Island do.”

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Image Source : nypost.com

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