DUSTIN JOHNSON STILL ACTIVE IN OUR LUXURY MARKET
October 6, 2016 | Richard Sites
Jupiter and the Palm Beach Gardens area have long been known for great golf and have attracted some top players. Jack Nicklaus has lived in North Palm Beach for decades and Greg Norman, Lee Trevino and Nick Price also called the area home. Gary Player had his “Black Knight” corporate headquarters here and he owns a condo on Jupiter Island. Mark Calcaveccia sold his home in Mirasol, moved to the Loxahatchee River, then sold that house to John C. Maxwell for about $5.5 million a couple of months ago.
But when two events occurred in the last couple of years, they turned this area into the top residential location for pro golfers and none has been more active in the luxury real estate market than Dustin Johnson.
Tiger Woods moved onto Jupiter Island from Orlando, bought five properties for a total of $38 million, then combined them into a compound complete with a practice golf hole. The main house was once owned by the founder of Tire Kingdom, Chuck Curcio. This created quite a stir locally since he was at the top of his game and his off-the-course antics were making headlines. His relocation started the PGA Tour players moving here to find luxury homes.
Tiger’s ex-wife, after looking at Jupiter Island condos, bought an oceanfront house in Seminole Landing for $12 million…then demolished it and built a new mansion.
The Honda Classic
The Honda was a second tier PGA event which bounced from venue to venue before landing at Mirasol Country Club, which elevated it in status and created publicity for the new homes there. Then, it moved across PGA Blvd. to PGA National.
At this point, Jack Nicklaus redesigned three holes into the famous “Bear Trap”, Tiger agreed to play and the event exploded in popularity.
In the midst of all this, the top PGA Tour pros began to purchase homes here and nobody has been more active than Dustin Johnson.
He has owned homes on Pennock Point, on the Loxahatchee River, and in the Toll Brothers community of Frenchmans Harbor. His latest purchased was the house featured in the video above.
It is located on the Intracoastal Waterway near Admirals Cove, and features it’s own island. He paid near $5 million for it.
Prices for waterfront properties in Jupiter are skyrocketing so if you have ever considered living here the time to buy is now! Prices for homes on the Loxahatchee River have now crossed the $10 million mark and as the Miami crowd moves this way they can only go up.
To find the right location and buying opportunity before they are all gone, contact me at 561.762.4073.