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Real Estate News

January 10, 2012

Elin Nordegren Razes $12 Million Home

- — For a private woman who suffered one of the world's most humiliating cheating scandals, Elin Nordegren waited a long time to explode.

Make that implode.

The former wife of Tiger Woods, who has custody of their two young children, bought a massive, 17,178-square-foot Florida house in March for $12.2 million, located just 10 miles from Wood's expansive estate on Jupiter Island.

But rather than move the kids into the Florida mansion, TMZ reported the former model decided she didn't like the place and had it demolished.

Kind of a bold move for a Swede who kept a very cool, low public profile two years ago when Woods' stunning string of adulterous affairs came to light.

Nordegren has moved on, thanks to the $100 million divorce settlement. According to TMZ, Nordegren has hired a "high-priced architect to build her dream home" and each of the additional workers hired are required to sign confidentiality agreements.

Before the wrecking crew took the place down to the sandy dirt, Nordegren's ex-home was an enormous white Colonial-style home flanked by columns on a stretch of beach-front property. The North Palm Beach piece of real estate is located in the super exclusive Seminole Landing, a gated, 77-acre community of 60 multi-million dollar properties.

While Nordegren purchased a home in Sweden in December 2009, the Seminole Landing property was her first personal purchase in Florida. Previously, Nordegren held several joint real-estate assets with Woods, including a few properties on Jupiter Island, two homes in Windermere, FL, and a beach-front condo in North Palm Beach.

According to TMZ, Nordegren is currently renting a nearby mansion while her new dream home is constructed.  

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