BILLY JOEL is relisting and reducing price on beach house he bought for then third ex-wife Katie Lee, and is on the market again. As part of their divorce settlement Katie Lee received, not this, but the townhouse they shared in the West Village section of New York City, in which she promptly sold for $12,000,000. This house, located in Sagaponack, Long Island, N.Y. sits on the beach facing the Atlantic ocean, and is no longer wanted or needed by BILLY JOEL. Bought in 2007, BILLY JOEL listed the house, after the divorce, for $25,000,000. The price has been reduced twice and is now listed again for $19,995,000. Interested ? View photos of interior/exterior of house.
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