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Credit: Kevin MazurBilly Joel has reportedly shelled out $3.5 million for a horse ranch in Wellington, Florida.

The Daily Mail reports the Piano Man purchased the five-acre ranch last month for his wife, Alexis, who is an accomplished equestrian.

"He just wants to keep making his wife happy," a source tells The Mail. "This purchase was all about her."  In October, Billy and Alexis welcomed their second daughter, Remy Anne.

The property is described as a "beautifully maintained" farm located a short distance from Wellington's Winter Equestrian Festival, one of the country's largest equestrian events. The ranch includes a 12-stall barn with groom quarters and a ring to practice dressage, an equestrian sport where the rider and horse perform a series of pre-determined movements.

Joel is already familiar with the neighborhood: He purchased an adjacent property for $3.6 million in 2016. Bruce Springsteen and Bill Gates also own properties in the area.

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