Billy Joel slashes ask on Hamptons home by $3.5M

From left: Billy Joel and 9 Gibson Lane

From left: Billy Joel and 9 Gibson Lane

Piano man Billy Joel slashed the asking price on his Sagaponack beach house down to a mere $19.95 million.

The four-bedroom, 5,550-square-foot oceanfront home at 9 Gibson Lane hit the market back in November for $23.5 million. Set on one acre, the home reportedly underwent renovations within the last five years and boasts terraces on both levels and a first-floor master with a fireplace. The spread also includes a separate studio annex and a two-car garage.

Originally built by the late actor Roy Schneider in 1994, Billy Joel bought the home in 2009.

Nancy Mizrahi of Saunders Realty has the listing. [Curbed]Julie Strickland

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