RockRaines Posted January 25, 2006 Share Posted January 25, 2006 Woods acquires Jupiter Island property for $38 million Associated Press click this JUPITER ISLAND, Fla. -- Tiger Woods has completed a $38 million purchase of 10 acres of residential property stretching from the Atlantic Ocean to the Intracoastal Waterway. The transaction marks the largest single residential sale in Martin County history. Woods' new property includes a 13,207-square-foot home, several guest houses and two docks, perhaps with enough space for his 155-foot yacht. Records show the main, two-story home includes eight bedrooms and 13 bathrooms, and another house has six bedrooms and seven baths. The property was sold to three companies, each with a common Orlando address that belongs to ETW Corp., the licensing agent for Woods. He and his father, Earl, are listed as two of the company's principals. Jupiter Island, a waterfront strip north of Palm Beach considered among the nation's wealthiest enclaves, is home to golfers Greg Norman and Nick Price and singers Celine Dion and Alan Jackson. Woods, who turned 30 last month, has a home in Orlando recently assessed at $2.5 million. He and his wife, Elin, also own property in California, Sweden and Jackson, W Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted January 25, 2006 Share Posted January 25, 2006 That sounds awesome. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 25, 2006 Author Share Posted January 25, 2006 Look at the size of his damn guest house. Jesus. I saw pics of his other house in FLA and his views were amazing, I can only imagine this one. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted January 25, 2006 Share Posted January 25, 2006 QUOTE(RockRaines @ Jan 25, 2006 -> 04:19 PM) Look at the size of his damn guest house. Jesus. I saw pics of his other house in FLA and his views were amazing, I can only imagine this one. As long as he's hanging out with his wife, he has an unbelievable view wherever he is at. Quote Link to comment Share on other sites More sharing options...
qwerty Posted January 25, 2006 Share Posted January 25, 2006 This is why people go bankrupt. Woods seems like a smart guy but it is still ridiculous. Quote Link to comment Share on other sites More sharing options...
qwerty Posted January 25, 2006 Share Posted January 25, 2006 QUOTE(RockRaines @ Jan 25, 2006 -> 04:19 PM) Look at the size of his damn guest house. Jesus. I saw pics of his other house in FLA and his views were amazing, I can only imagine this one. Being lazy... you have the links? Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 25, 2006 Author Share Posted January 25, 2006 QUOTE(q\/\/3r+y @ Jan 25, 2006 -> 04:22 PM) Being lazy... you have the links? let me find them you lazy bastard Quote Link to comment Share on other sites More sharing options...
RockRaines Posted January 25, 2006 Author Share Posted January 25, 2006 Q, I only have them via PPT. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted January 25, 2006 Share Posted January 25, 2006 QUOTE(q\/\/3r+y @ Jan 25, 2006 -> 04:21 PM) This is why people go bankrupt. Woods seems like a smart guy but it is still ridiculous. Tiger makes over $70 million a year in endorsements. Supposedly his retirement account with the PGA will be worth over $300 million when he turns 60. They are estimating his net worth will eventually top $5 billion. Spending $38 million on a home is nothing to him. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted January 25, 2006 Share Posted January 25, 2006 QUOTE(q\/\/3r+y @ Jan 25, 2006 -> 02:21 PM) This is why people go bankrupt. Woods seems like a smart guy but it is still ridiculous. Its invested in real estate so he should be fine. 10 acres of property and all those houses could always get split up and sold. He has nothing to worry about. Its putting all your money into those stupid ass cars and solid gold shandaleirs and all that furniture crap that gets most of the athletes into trouble. That stuff devalues like nobodies business. Quote Link to comment Share on other sites More sharing options...
nitetrain8601 Posted January 25, 2006 Share Posted January 25, 2006 Yeah, this is old news. He's going to tear down the house and start from scratch IIRC. Quote Link to comment Share on other sites More sharing options...
Steff Posted January 26, 2006 Share Posted January 26, 2006 QUOTE(q\/\/3r+y @ Jan 25, 2006 -> 04:21 PM) This is why people go bankrupt. Woods seems like a smart guy but it is still ridiculous. Real estate a ridiculous investment...?? Uhh.. no. It's the smartest investment anyone can make. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted January 26, 2006 Share Posted January 26, 2006 All I have to say is it must be nice to have $38 Million in the first place to buy this island... I am jealous!! Quote Link to comment Share on other sites More sharing options...
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