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When it comes to luxury real estate, if you don’t succeed at first, list, list again. That's the case for singer Billy Joel, who has tried for several years to sell his property in Manalapan, FL. The pricey enclave in Palm Beach County is also home to Tony Robbins, Larry Ellison and other celebrities.

Joel bought the 11-bedroom estate in 2015 for $22.1 million. The Mediterranean-style home sits on 1.6 acres with over 150 feet of ocean and Intracoastal frontage. Built in 2010, the home has oversized living spaces with a formal dining room and a massive double-height foyer, currently featuring a piano. The home’s eat-in kitchen has an island, a china and silverware closet and a butler’s pantry. A large theater room connects to a pub room with a full bar and a paneled library with a detailed fireplace. The finished basement has a car collector’s dream garage and a wine cellar with a wet bar and tasting table. A separate guesthouse has two bedrooms and there are also staff quarters.

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Despite all these amenities, Joel had a change of tune in 2018, listing the home on 1.6 acres for $31.9 million. There were no takers and the home returned to the market in 2022. Often, when a home goes off the market, it relists for a lower price. That wasn’t the case here. Joel more than doubled his ask with a $64.9 million listing price. Since then, he has dropped the price by $15 million, which appears to have done the trick. The home is listed as pending. The deal could still fall through and we don’t know the final selling price or who the lucky buyer is.

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This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.