Billy Joel agrees to purchase another Manalapan home

Joel's third Manalapan purchase in past year, totaling $40M

TRD MIAMI /
Feb.February 20, 2015 12:45 PM

World famous musician Billy Joel has reportedly signed a contract to buy a $22 million home in Manalapan, marking his third property purchase in the area over the last year.

The purchase would bring Joel’s total spending spree in Palm Beach County to more than $40 million.

The mansion at 1960 South Ocean Boulevard boasts waterfront views of the Atlantic and Intracoastal Waterway. Named Paradisio Del Mar, it has seven bedrooms, 13 bathrooms, garage space for 30 cars and sits on four acres. The estate was built in 2003 and was owned by William T. Gerard, the former mayor of Manalapan, according to Palm Beach County property records..

The purchase would give Joel three side-by-side oceanfront properties, bringing his holdings to eight ocean-to-Intracoastal acres, according to Jose Lambiet’s Gossip Extra column, citing a real estate insider as the source for tipping him off to the contract.

Joel also reportedly purchased a 13,000-square-foot mansion at 1920 South Ocean Boulevard for $11.8 million. He also paid $6.5 million for the two-acre empty plot next door at 1940 South Ocean Boulevard.

A company titled South Ocean Living, which is managed by a law firm tied to Joel, purchased the properties, according to the publication.

Joel was reportedly searching for a property in Palm Beach late last year after he sold his estate at the La Gorce Country Club in Miami Beach for $14 million in 2013. He also sold his two Manhattan condos for $12 million and his Long Island oceanfront estate for $19 million. [GossipExtra]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Major key: DJ Khaled sells waterfront Aventura home for 40% discount

Major key: DJ Khaled sells waterfront Aventura home for 40% discount

Major key: DJ Khaled sells waterfront Aventura home for 40% discount
Four Seasons Residences at The Surf Club with Tommy and Thalía Mottola (Credit: Craig Barritt/Getty Images)

Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo

Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo
Paul Pogba and One Thousand Museum (Credit: Laurence Griffiths/FIFA via Getty Images)

Manchester United’s Paul Pogba joins Beckham at Zaha Hadid condo tower

Manchester United’s Paul Pogba joins Beckham at Zaha Hadid condo tower
Ben Moss

Ben Moss to head Compass’ National Sports & Entertainment Division

Ben Moss to head Compass’ National Sports & Entertainment Division
John Lennon and Yoko Ono with the home (Credit: Jack Mitchell/Getty Images)

John Lennon and Yoko Ono’s former Palm Beach estate hits market for $48M

John Lennon and Yoko Ono’s former Palm Beach estate hits market for $48M
Pharrell Williams (Credit: Craig Barritt/Getty Images)

He must be happy: Pharrell buys $30M Coral Gables home

He must be happy: Pharrell buys $30M Coral Gables home
Rick Pitino and 38 Indian Creek Island Road (Credit: Luxhunters, Panagiotis Moschandreou/Euroleague Basketball via Getty Images)

Basketball coach Rick Pitino sells Indian Creek waterfront mansion

Basketball coach Rick Pitino sells Indian Creek waterfront mansion
David Beckham and Victoria Beckham with One Thousand Museum (Credit: Anthony Harvey/Getty Images)

David and Victoria Beckham buy condo at One Thousand Museum

David and Victoria Beckham buy condo at One Thousand Museum
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...