Elin Nordegren Buys New Home Near Tiger Woods

Elin Nordegren has plunked down $12.2 million of her $110 million settlement for a 17,178-square-foot beach-front property in North Palm Beach, just 10 miles from Tiger’s new pad in Jupiter, Fla. In October, the Swedish former model toured a $5 million penthouse apartment in Jupiter Island, where Tiger Woods’ new home is being built.

Last week, Woods announced that he’d be moving into his 12-acre $50-million bachelor pad soon, which includes a 6,400-square-foot gym/media room/bar, an elevator, a reflecting pond, a lap pool, and a 3.5 acre practice facility.

“[The practice facility] features four greens, six bunkers with different depths and kinds of sand, a video center and a putting studio,” Woods wrote on his blog last week. “It’s also set up so I can hit shots out of my second-story studio.”

The couple finalized their divorce in August 2010. They agreed to live near one another for the sake of their children, Sam and Charlie.