Tiger Woods' Ex Wife Elin Nordegren Sells Florida Mansion for $28.6M — After $20M Price Cut

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Elin Nordegren, the ex-wife of golf pro Tiger Woods, has finally sold the North Palm Beach, Florida mansion she built after their divorce for $28.64 million — after a major price cut.

In March 2018, the former model put the home on the market for $49.5 million to “downsize.” In November 2019, after more than a year and a half on the market, she dropped the price by 10 percent — or $5 million — to $44.5 million. Now, at $28.64 million, the final sale price is over $20 million less than the original asking price, according to the Los Angeles Times.

The listing was held by Todd Peter and Cristina Condon of Sotheby’s International Realty.

The Wall Street Journal originally reported on the private listing exclusively in March 2018, with photos of the sprawling 11-bedroom, 18-bathroom home — complete with two kitchens, a roof deck, indoor theater, below-ground gym, custom wine cellar, outdoor swimming pool, twirling water slide, fire pit, basketball/pickleball court, and putting green (naturally).

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A rep for the 40-year-old told the Journal at the time that Nordegren was selling the 25,000-square-foot property to downsize.

Nordegren —who shares two kids, daughter Sam, 13, and son Charlie, 11, with Woods — famously purchased a home on the 1.4-acre waterfront parcel back in 2011 for $12.25 million using part of her reported $100 million divorce settlement from Woods and demolished it to build the three-story, custom residence.

It is located in the gated community of Seminole Landing (next to Seminole Golf Club) just under 30 minutes away from where the golfer lives.

Urban Andersson/JPI

The property also includes 200 feet of direct frontage on the Atlantic Ocean; a cabana house with its own kitchen, bar, and billiards table; and two guest apartments.

According to WSJ, architects called upon the British West Indies style when designing the house. Angela Reynolds, who previously did the interiors of Céline Dion’s home in nearby Jupiter (that property sold for $38.5 million in 2016) handled the decor.

Gustavo Caballero/Getty Images for Churchill Downs Elin Nordegren

Nordegren, a native of Sweden, became very private in the wake of her tumultuous August 2010 divorce from Woods. The former couple, who wed in 2004, split after the golfer became embroiled in a shocking sex scandal as numerous women came forward alleging extramarital affairs.

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"It’s been fun to see him tease me about beating me," said the father of two

“I have moved on and I am in a good place,” Nordegren told PEOPLE in 2014. “My relationship with Tiger is centered around our children and we are doing really good – we really are – and I am so happy that is the case. He is a great father.”

Nordegren moved on romantically in 2011 with coal magnate Chris Cline, who was her new neighbor in the South Florida town. The pair split in 2017, and Cline died alongside his daughter Kameron in a helicopter crash in July 2019.

Woods and Nordegren split custody of their children during the coronavirus lockdown, a source close to Woods told PEOPLE in April. Woods quarantined with his girlfriend, Erica Herman, while Nordegren had family members at her house.