Quote :

"The Palm Beach Post has a look at Tiger's new lair. Tiger Woods has paid around $40 million for a 10-acre compound on Jupiter Island in Florida. Although the price is a record breaker for the area the most interesting thing is that Tiger may tear down the main house. The property extends from the Intracoastal Waterway to the Atlantic Ocean and includes four houses, the main house, plus two guest houses and a beach house. There are two boat docks one of which may be the new home for Woods' 155-foot-yacht, Privacy. The Post also says that while Woods is welcome on the local golf course he might not be invited to join the Jupiter Island Club because of his fame and that the same goes forCeline Dion who also bought in the exclusive community recently. The area is home to several other golfers including Greg Norman and Nick Price."

http://www.luxist.com/2005/12/29/tiger-woods-nets-a-40-million-home/

1/26/2006 10:54:02 AM

ESPN said it was $38 million.

Either way, that's just nuts. No way one couple needs that much house.

If I was as rich as him, I'd buy a $10 million house and do something entirely more productive with the other $28 million.

1/26/2006 10:55:41 AM

yeah they said he always wanted to buy a house with his golf earnings if he ever was successfull...

i think his monthly payment (if he had a 30 year mortgage) was supposed to be around 170,000? a month... that's nuts

1/26/2006 10:57:48 AM

1/26/2006 11:03:29 AM

some hurricane is gonna pwnt that

1/26/2006 11:08:52 AM

as sad as that would be, it would indeed be funny

But unfortunately, every insurance premium of every citizen in America would go up to conpensate the insurance it'd cost to replace that, haha

1/26/2006 11:15:16 AM

I have a feeling they may let tiger woods play at their golf club, what a crock of shit, the dude could write one check and buy the fucking golf club if he wanted, would be hard to hold a guy like that out!

Looks like a sweat complex for tiger, the dude cleared more than 100 million last year... would be nice to only have to spend 1/3 of your yearly income on a 40 million dollar house

Still not as crazy as that dude in the Hamptons building the 100 million dollar house...

1/26/2006 11:35:21 AM

crazy thing is, he might tear down the main house

1/26/2006 11:38:32 AM

^yeah, that is when you know you have big time cash

1/26/2006 11:45:25 AM

not let him join the golf club....my ass.

1/26/2006 11:47:43 AM

that is insane. But like everyone else has said, he only needed a little more than 1/3 of what he got last year to buy it all so oh well

he will make another 100 million this year and the next and he will forget how much it ever cost....must be nice

1/26/2006 11:49:06 AM

and it's not like he doesn't do alot for everyone else...his Foundation does some great things

[Edited on January 26, 2006 at 11:55 AM. Reason : asdg]

1/26/2006 11:55:26 AM

yeah I think I read somewhere that he gives more to charity than any other athlete

but he does make more than any other athlete i think

1/26/2006 11:58:15 AM

$40 million. In Florida.



AHAHAHAHAHAHAHA.

1/26/2006 12:41:39 PM

40MM at 6% is a $240,000.mo. payment over 30 years.

Although I am sure he paid cash.

1/26/2006 1:00:16 PM

As rich as he is, you'd be stupid to take out a mortgage on the thing.

1/26/2006 1:16:40 PM

That house aint shit....

That doesn't touch living in hedinghood!

1/26/2006 1:26:20 PM

where's the runway for the private jet?

gosh tiger, that house is 2nd rate

1/26/2006 1:39:41 PM

meh ... he makes up for it with the 155 ft yacht..

1/26/2006 2:04:49 PM

Quote :

"^yeah, that is when you know you have big time cash"

no

i think when he bought a FOURTY MILLION DOLLAR COMPOUND

is when he knew had had big time cash

1/26/2006 2:29:05 PM

^yeah but buying a 40 million dollar compound and then knocking the main building down

BALLER

1/26/2006 2:39:59 PM

good for tiger but i think he could of done better than this with 38 million

to only get 10 acres for 38 million that is ridiculous

1/26/2006 3:55:47 PM

he's buying that house straight cash

who gives a fuck what the monthly payments WOULD be

1/26/2006 3:57:23 PM

yeah, he has an intracoastal waterway coast and the atlantic ocean coast...that's big ballin

1/26/2006 8:13:36 PM

WHy would he buy it straight cash?


Thats just financially stupid.


If he's not retarded he'll put 20% down and take out a 30 year mortgage.


Unless he just doesnt want the hassle of making monthly payments... which I could understand.

1/26/2006 8:16:36 PM

They broke it down on Sportscenter last night. With a down payment of 7.5 Mi they said his monthly payment would be around 177,000 a month over 30 years.

Also they said that since he became a pro he has put all of the money he won playing towards his "dream home." He has made 55.7 Mill since he turned pro. He hasnt touched his prize money till now and still lives the way he did before. THAT is dirty.

1/26/2006 9:44:33 PM

Quote :

"Unless he just doesnt want the hassle of making monthly payments... which I could understand."

Hahaha you think Tiger sits down once a month with the check book to pay his bills?

More like he* put the money down, keeps the rest of it in CDs,T-bills, etc.-- makes the payments with the interest on the rest of his money.

[Edited on January 26, 2006 at 10:28 PM. Reason : *his fleet of professional accountants]

1/26/2006 10:28:00 PM

right... all the more reason that it makes no sense whatsoever for him to pay for the house with straight cash homie.

1/27/2006 12:41:24 AM

Do you think he'll hire a staff? I bet he'd pay pretty good....hmmmm I can mow the lawn and sweep the floors

1/27/2006 12:51:02 AM

not let him join the club

he should buy it and pull a caddyshack LOL

EVER PUTT WITH A WEDGIE???

[Edited on January 27, 2006 at 1:30 AM. Reason : ...]

1/27/2006 1:29:53 AM