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Palm Beach Post via BusinessInsider

Elin upstages Tiger with new $12m mansion

Model’s new Florida home shows that anything Tiger can do, she can do better.

Reproduced with permission from BusinessInsider.

Palm Beach gossip pages are salivating over the news that Elin Nordegren has a found a new home that’s just ten miles from ex-husband Tiger Woods’ new digs … and nearly twice as big.

The 17,000-square foot homestead sits behind the gates of the exclusive Seminole Landing community in North Palm Beach, Florida, just 10 miles south of Woods’ new palatial beachfront spread in Jupiter Island.

Nordegren’s new house doesn’t have a driving range and putting greens, but it does have a 4,000-sq. ft. basement, a rarity for beach front property. According to reports, she paid $12.2M for the house, but will owe about $300,000 a year in property taxes.

As part of their divorce settlement, Elin also holds the $54 million mortgage on Tiger’s new mansion and reportedly owns another $2M home in Sweden.

At least Tiger can take some solace in his own gossip news: He reportedly has a new 22-year-old girlfriend.

Check out Tiger’s (slightly smaller) mansion and practice facility >

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