Billy Joel has relisted his luxurious Long Island estate for $49.9 million following a comprehensive five-year renovation, as reported by The New York Post. The estate, located on Centre Island in Oyster Bay, boasts a 20,000-square-foot main house with five bedrooms, eight bathrooms, and expansive views of the Long Island Sound. Features include 30-foot cathedral ceilings, marble and hardwood floors, a spa, a ballroom, a wine cellar, and a bowling alley, all contributing to its opulent appeal. The property was taken off the market in November of the previous year to finalize the renovations, showcasing Joel’s commitment to maintaining and enhancing the estate’s grandeur.
The renovation has not only refreshed but also significantly elevated the property’s value and appeal. Emmett Laffey, the CEO of Berkshire Hathaway HomeServices Laffey International Realty, said, “Every detail, from the architecture to the landscaping, has been carefully curated to maintain the essence of the property while elevating it to meet today’s highest standards.” Surrounding the main residence, the estate includes rolling lawns, two swimming pools, a gazebo, and additional structures like a gatehouse, a Malibu-style beach house, and a guest house, making it a self-contained luxury compound.
This relisting comes after Joel’s recent real estate activities in Florida, where he successfully sold his Manalapan mansion after multiple price adjustments, indicating a strategic approach to his property portfolio. Despite his ventures in Florida, Joel’s decision to renovate and relist his Long Island estate underscores his deep-rooted connection to the area, reaffirming his status as a Long Island icon.
The estate’s return to the market at such a high price point reflects not only Joel’s personal taste for luxury but also the enduring allure of Long Island’s elite properties.