B
illy Joel's sprawling Long Island estate, nicknamed MiddleSea, is on the market for nearly $50 million. The Piano Man is parting with the 26-acre property due to exorbitant real estate taxes and a desire to relocate to Florida. Joel tells the New York Times that his annual tax bill of $567,686 is unsustainable, even for someone as financially successful as he is.

    Joel's decision to sell MiddleSea also stems from his daughters' enrollment in school in Florida, which has essentially tied him down to the state. Reflecting on his past, Joel admits that buying the mansion was absurd, given his humble upbringing in a quarter-acre lot house in Hicksville. As a teenager, he would often ride his bike by the estate and mock its wealthy owners.