Billy Joel has purchased a five-acre horse ranch in Wellington, Florida, becoming the latest celebrity to settle down in the equestrian town, DailyMail.com has learned.
Joel, who until recently was primarily interested in beachside and waterfront Florida properties, bought the home for his fourth wife, accomplished equestrian Alexis Roderick, 36,
The Uptown Girl singer, 68, paid $3.5million for the five-acre ranch on January 25, Palm Beach County property records reveal.
The long list of other celebrities with property in the area includes Bruce Springsteen and Bill Gates.
Billy Joel paid $3.5million for a five-acre horse ranch in the equestrian town of Wellington, Florida, on January 25
Joel, who until recently was primarily interested in beachside and waterfront Florida properties, reportedly bought the home for his fourth wife, accomplished equestrian Alexis Roderick
The property includes a 12-stall barn with groom quarters, a tack room, five paddock and a regulation-size dressage ring with mirrors
The property was described in real estate listings as a ‘beautifully maintained five-acre farm’ that sits a short distance from Wellington’s Winter Equestrian Festival
Joel and Roderick, 36, were spotted at the VIP tables at the Palm Beach International Equestrian Center on Saturday at an event tied to Wellington’s Winter Equestrian Festival
The property was described in real estate listings as a ‘beautifully maintained five-acre farm’ that sits a short distance from Wellington’s Winter Equestrian Festival, a three-month event that has become one of the country’s largest equestrian events.
Joel and Roderick, 36, were spotted at the VIP tables at the Palm Beach International Equestrian Center on Saturday at an event tied to the festival.
‘He just wants to keep making his wife happy,’ a source close to purchase told DailyMail.com. ‘This purchase was all about her.’
The ranch is designed for horses that specialize in dressage, an equestrian sport where horse and rider are expected to perform pre-determined movements and walks from memory.
The property includes a 12-stall barn with groom quarters, a tack room, five paddock and a regulation-size dressage ring with mirrors.
Mirrors around the ring help a rider gauge whether the horse is performing the moves correctly.
Joel sat at VIP tables talking to other guests at the event at the Palm Beach International Equestrian Center on Saturday
Bruce Springsteen was also at Saturday’s event to watch his daughter compete. He left, however, before Joel (pictured above) arrived
Before buying his most recent horse ranch in Wellington, Joel bought an adjacent property for $3.628 million in 2016. Combined, the two properties are ten acres and cost just over $7 million
A deed for the property shows the newest buyer as a corporation called Littlesea Farm South a company with no listed owner that was created two weeks before the purchase.
Craig Galle, the agent for the corporation that sold to Joel, confirmed the buyer was Littlesea Farm but said he didn’t know who’s behind it.
But a source told DailyMail.com that Joel is the buyer, as another company tied to the singer bought an adjacent property for $3.628 million in 2016.
Combined, the two properties are ten acres and cost just over $7million.
‘Billy wanted to double the size of his property in Wellington,’ said the source, who asked to remain anonymous. ‘In 2016, he spent $3 million on the property adjacent to the new place he just bought.’
Meanwhile, Joel is still trying to sell adjacent beachfront properties about 12 miles east that he bought in 2014 for $18.3million.
The nine-bedroom, nine-bathroom behemoth has been for sale for more than year and is now listed for $16.9 million.
Joel’s new ranch (pictured) is designed for horses that specialize in dressage, an equestrian sport where horse and rider are expected to perform pre-determined movements and walks from memory
A deed for the property shows the newest buyer as a corporation called Littlesea Farm South a company with no listed owner that was created two weeks before the purchase. An insider confirmed that Joel was the buyer
Along with the barn and stables, the property features a small home, with a master bedroom, full bathroom and a small kitchen looking out on to the ranch
Joel and Roderick spent Saturday at the Palm Beach International Equestrian Center to watch the showjumping of the Winter Equestrian Festival.
The lovebirds were spotted sipping drinks and mingling with the likes of show owner Mark Bellissimo.
Fellow musician Bruce Springsteen was also in attendance and watched his daughter Jessica Springsteen compete. He left before Joel arrived.
Other swells who haunt the VIP pavilion at the event include billionaire Microsoft found Bill Gates, the family of late Apple boss Steve Jobs and Fox Business Network star Lou Dobbs.
Joel’s wife, 36, is a former Morgan Stanley executive who owns several horses and is an accomplished rider.
At one point, she was active in the US Equestrian Federation.
Roderick and Joel were married in 2015 by New York Governor Andrew Cuomo and they have two young children together.
Joel reportedly bought the home so he could double his property in Wellington, an insider told Dailymail.com
A horse ranch will be good for Joel’s wife, Alexis Roderick, an accomplished equestrian and former Morgan Stanley executive who owns several horses
Among Joel’s new neighbors are billionaire Microsoft found Bill Gates, the family of late Apple boss Steve Jobs and Fox Business Network star Lou Dobbs