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After 30 years of living on 8.3 acres in Florida, Greg Norman and his wife, Kiki, downsized to another Palm Beach area property.
But evidence suggests that the word “reduced” may not quite fit the golf legend’s newly acquired pad, which he bought last April for $12.2 million.
While significantly cheaper than the last home he sold around the same time for $55.1 million, Norman’s new home sits on 2 acres and is over 11,800 square feet.
Relatively speaking, Norman, known as pro golf’s Great White Shark, spent 15 years building the final compound, which was a 32,000-square-foot main house. He sold it later Billionaire Leslie Wexner’s family – Founder and former CEO of El Brand.
Although he has previously discussed plans to move to his native Australia, Norman seems to be at home in his newly purchased home, the old Palms Golf Club neighborhood.
And the conveniences are endless.
Previously described as having a “retreat feel,” the property comes with an oversized pool, summer kitchen, swim-up bar, cabana and lounge areas, tennis court, club room, theater room. and a private guest house.
Consisting of six bedrooms and nine bathrooms, the property boasts golf and lake views. There is also a gourmet kitchen with a butler’s pantry, and an office with wood finishes and a fireplace.
Previous owners were former casino president Joseph A. Laschinger and Julie A. Laschinger.
Robert Thomson with Waterfront Properties and Club Communities handled the listing.
“After 30 years, my wife and I feel it’s time to move on,” Norman previously said. He told the Miami Herald.. “Covid-19 and the overall experience of the pandemic, with social distancing and isolation from our families – many of whom live overseas – in the past year have made us realize how short life is and reassess how and where we want to spend the rest of our lives.
Norman, 67, too He sold his Colorado farm Last year for a huge 40 million dollars.
The entrepreneur and retired professional golfer won 89 professional tournaments, including 20 PGA Tour tournaments and two major tournaments: the 1986 and 1993 Open Championships.
Norman, who is the founder and CEO of The Greg Norman Company – a multinational corporation that reportedly generates hundreds of millions of dollars in annual revenue – has a net worth of over $400 million.
