Snap up Billy Joel's Sagaponack house at a $3.5M discount

The oceanfront home owned by musician Billy Joel

The oceanfront home owned by musician Billy Joel is for sale now priced at $19.95 million.

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Billy Joel is in a new Realtor state of mind.

The entertainer, who has been playing sold-out shows each month since the beginning of the year at Madison Square Garden, recently re-listed his oceanfront Sagaponack home with a new agent, Nancy Mizrahi of Saunders, for $19.95 million. The 5,550-square-foot house, on 145 feet of sandy beach, had been on the market with Biana Stepanian of The Corcoran Group for $23.5 million. 

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This is the third time Joel has put the home on the market. He first tried to sell it in 2009 for $22.5 million, and later cut the price to $16.75 million. 

The home has been redecorated a bit, and the listing photos show refinished hardwood floors in the kitchen and living room. 

The cedar-shingled home was built for actor Roy Scheider in 1994, according to the listing, and he raised his family there before Joel bought the home in 2007. Joel’s ex-wife, cookbook author Katie Lee, did a renovation with celebrity TV designer Nate Berkus, installing a chef’s kitchen with state-of-the-art appliances and a butler's pantry with a secondary Wolf range. The four en-suite bedrooms are located on the first floor, while the kitchen, dining and living rooms are on the upper level, which has an A-frame ceiling with exposed beams that maximize ocean views. 

The property is protected from beach erosion by an extensive beach re-nourishment project that was completed in the spring, according to the listing. An oceanfront pool permit is in place.

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Joel also owns properties in Centre Island, Sag Harbor and Huntington Bay. 

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