Billy Joel Drops Price on His Relisted Hamptons Beach House

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By Emily Heffter

Singer-songwriter Billy Joel has been trying to sell his oceanfront estate in New York's Hamptons for the longest time -- ever since his 2009 split from his third wife, Katie Lee Joel. He recently cut the price by $600,000, making the four-bedroom, six-bathroom estate in Southampton a comparative bargain at $22.9 million.

This is Joel's second attempt to sell the home in Southampton's village of Sagaponack, which was decorated by designer-to-the-stars Nate Berkus. He previously listed the home for $22.5 million in 2009, then dropped the price to $16.75 million and eventually pulled it off the market.

The 5,550-square-foot home sits on 145-feet of sandy beach, and offers terraces on both levels, a living room with a cathedral ceiling, chef's kitchen, a separate studio with loft area and two fireplaces.

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