Friday, 25 September 2020

Elin Nordegren Scoops Up Palm Beach Gardens Compound for $10M

Elin Nordegren Palm Beach Gardens home

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Just days after selling her massive North Palm Beach, FL, estate for $28.64 million, Tiger Woods’ ex-wife, Elin Nordegren, has scored a smaller spot in Palm Beach Gardens, the Palm Beach Daily News reported. She paid $9,926,675 for her new digs in the Old Palm Golf Club.

Nordegren tempered her expectations and wound up selling her massive mansion at a huge discount.

It was initially listed for $49.5 million, then she trimmed the price to $44.5 million. After it had spent about two years on the market, she finally sold the estate for $28.64 million.

The place she purchased was most recently on the market for $12,495,000, so she did score a discount on the buy side.

The gated estate was originally listed in June for $11,795,000. In July, the price was bumped up, before Nordegren closed on a deal in mid-September.

The former model’s last project involved razing an existing home and building a custom mansion, but she won’t need to make over anything in her new abode.

Elin Nordegren’s new Palm Beach Gardens, FL, home

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Great room

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Dining room

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Kitchen

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Living room

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Media and game room

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Pool

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Completely renovated, the 13,523-square-foot property was recently taken down to the studs and “completely rebuilt,” with everything brand-new. Originally built in 2010, the home overlooks a picturesque pond on the gated community’s golf course.

The ultramodern interiors offer six bedroom suites, 8.5 bathrooms, plus a formal dining room, office, gym, and a spacious club/media room.

The state-of-the-art dual island kitchen, adjacent to the great room, features Miele appliances and a coffee bar. Attached to the kitchen is a refrigerated, glass-enclosed wine room, with storage for over 500 bottles.

The master suite has a fireplace, a separate sitting room, oversized dual bathrooms, and custom closets, as well as a large terrace with privacy and views of the golf course.

Other highlights of the home include smart-home features with iPad controls, a security system, and elevator.

Outside, the 2 acres include a new pool and spa, with a large covered loggia and outdoor kitchen. The grounds also include multiple garages, as well as a separate one-bedroom apartment.

Michael Leibowitz with Leibowitz Realty Group represented the seller. Dory Faxon with Frankel Ball Realty represented the buyer.

The post Elin Nordegren Scoops Up Palm Beach Gardens Compound for $10M appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/celebrity-real-estate/elin-nordegren-scoops-up-palm-beach-gardens-compound/

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