Tiger's Jupiter Island Estate Revealed

An aerial glimpse of Tiger Woods' house on Jupiter Island in Florida shows that construction crews have gone. That means the $50-million estate just might be ready for the newly divorced golfer to move in and practice on his backyard green, now that he's ended the season with a fourth-place finish at the Australian Masters in Melbourne this past weekend.

The aerial photo of Woods' property, that Realtors Cary and Jeff Lichtenstein commissioned Terry Yeager of Above & Beyond Aviation Services to take, shows one tee box in the southeast corner to hit drivers, three of the greens with a single sand trap, and three pot bunkers guarding the green in the northwest corner. That's according to Cary Lichtenstein, a former rater of golf courses for Golfweek magazine, who served on the greens committee at Admirals Cove in the southeastern Florida town of Jupiter Island.

Woods' property on the barrier island that gives the town its name also has a tennis court, a fitness room, an oxygen therapy room, a diving pool and lap pool, reported HousingWatch in "Tiger Woods Makes Some (Real Estate) Moves." It also has a pair of boat docks.
Woods initially bought the estate, which overlooks the Atlantic Ocean, in 2007 for $35 million. He has spent another $15 million developing the main home on the property, which has a large master suite with his-and-her bathrooms, and
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three additional bedroom suites. Additions include a 6,400-square-foot gym with media room, as well as an elevator.

The home's basement also has a large wine cellar and possibly a games area, according to his architects' plans, reports the Herald Sun.

There are four other buildings on the site: a boathouse, golf training studio, a stand-alone garage and a guesthouse. When Woods purchased the property, the interior space was 9,729 square feet on 12 acres.

The town of Jupiter Island in Martin County has one of the country's wealthiest zip codes, with homes selling from $1.49 million to $65 million. "There is one short sale on there, on the north end of the island, for $1.5 million," says Lichtenstein, an agent for Illustrated Properties and Christie's Great Estates. "No one wants it. All the big estates are on the south end."

Greg Norman and Raymond Floyd both have homes there. In the adjoining town of Jupiter (not to be confused with Jupiter Island), the Admirals Cove community has homes for sale for as much as $15 million, for the former Celine Dion residence, to as little as $300,000, for townhouses called "harbor homes," he says.

The town of Jupiter Island has a permanent population of 584 and a seasonal population of about 1,775. It consists of approximately 1,643 acres of land bound on the east by nine miles of oceanfront and on the west by the Intracoastal Waterway.

"The high-end properties and the limited supply of properties on the water have been less affected by the housing downturn, primarily because most of the homeowners don't have mortgages and have tremendous staying power," says Lichtenstein. "That is not to say that the values haven't declined; they have. But it is not as evident as other areas throughout southern Florida, such as Port St. Lucie, the Miami Condos and developments whose timing coincided with the market meltdown."

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