Billy Joel has revealed that he is selling his dream mansion, which will cost him a staggering $567,686 a year in taxes.
The “Uptown Girl” singer bought the swanky pad in Long Island, New York, in 2002, after admiring it from afar as a child. But he’s now up for sale with a hefty price tag of $49.9 million.
“It’s not cheap, I’ll tell you that,” he told the New York Times about the taxes he pays on his 26 acres. “As a result of my success, I became quite wealthy financially.”
This luxurious mansion in the area known as the Gold Coast has its own helipad and a stretch of beach so vast that people have to use golf carts to get around. With a total of 18 bedrooms, including the beach house and two guesthouses, there is plenty of space for tourists. With a bowling alley and three different swimming pools, guests won’t have a hard time finding something to do.
Billy Joel performs at the Melbourne Cricket Ground in Melbourne, Australia on December 10, 2022. The star is selling his Long Island mansion. Billy Joel performs at the Melbourne Cricket Ground in Melbourne, Australia on December 10, 2022. The star is selling his Long Island mansion. Naomi Rahim/WireImage
Joel was born in the Bronx, New York City, and grew up on Long Island overlooking the mansion known as Middlesea. According to the New York Times, he thought, “You’re rich. I’d never live in a house like that.”
But thanks to huge success with songs like “Piano Man,” “Just The Way You Are,” “It’s Still Rock And Roll To Me,” and “We Didn’t Start The Fire,” he won 22 years. The previous mansion itself. He has been adding to this luxurious property over the years and has now decided it is time to take the next step.
“I love this property,” the 75-year-old told the magazine. “I don’t think there’s anything more beautiful than this. It has the Gatsby feel of my childhood dreams. I’m sure you’ll regret it a little when you hand over the keys.”
However, father-of-three owns other properties on Long Island and has previously hinted that he has no intention of leaving the area completely even if his home is sold.
During a concert in the area earlier this year, he told the crowd he intended to be in the Sunshine State a little longer.
“Selling my house doesn’t mean I’m leaving Long Island,” the singer-songwriter said. “Like all the old Jewish people on Long Island, I plan to spend some more time in Florida.”
Newsweek reached out to Joel’s representatives via email for comment.