Real Estate Industry News

Former model Elin Nordegren, who was married to pro golfer Tiger Woods in the 2000s, is taking another swing at selling her Florida mansion. After asking $49.5 million for the palatial estate last year, she’s put it back up for sale at $44.5 million, records show.

Spanning 1.4 acres in North Palm Beach, the oceanfront estate centers on a mammoth home of more than 25,000 square feet. In addition to breezy living spaces and high-end amenities, it holds 11 bedrooms and 18 bathrooms.

The three-story floor plan allows for a variety of styles. On the main level, common spaces such as the living room and double-island kitchen keep things calm with hardwood floors and neutral tones. Through pocketing doors, they expand to covered lounges and dining areas overlooking the ocean.

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Other areas add more glamour, such as the movie theater with a wet bar and foyer with a sweeping staircase that wraps around a floor-to-ceiling chandelier. Other highlights include a wine cellar and gym with mirrored walls.

Decks and balconies hang off both sides of the home, and a rooftop lounge sits above it all. Outside, a covered kitchen and cabana populate a palm-topped patio with a custom swimming pool and spa. A flat, grassy lawn sprawls toward the ocean at the edge of the property.

A native of Sweden, Nordegren met Woods in 2001 and married him three years later. Following the couple’s divorce in 2010, she received a settlement of $100 million.

She bought the property through a trust in 2011 for $12.25 million, public records show.

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Todd Peter and Cris Condon of Sotheby’s International Realty hold the listing.