Archive for November, 2010

Exclusive Look At Michael Jordan’s New Jupiter Home

November 30th, 2010

Exclusive First Look at Michael Jordan’s new Jupiter home in Jack Nicklaus’ Bears Club

News Flash: He’s In! NEW Updated Photos.  Click Here…. Michael Jordan’s Massive Florida Home is Complete

Michael Jordan

The Bears Club, developed by the world’s greatest golfer, Jack Nicklaus, is now home to the world’s greatest basketball player, Michael Jordan.

The Bears Club was just a huge empty piece of land for years with a few cows and a lot of barbed wire owned by John D. McArthur until it was sold to Jack Nicklaus who had a dream for his ultimate golf course community. JN later split the parcel in 2 and developed the 2nd parcel into the Ritz Carlton of Jupiter.

Michael Jordan’s House | Tiger’s Sports Complex | Venus Williams’ Mansion | Celine Dion’s House | Donald Trump’s Private Club | Burt Reynolds & Friends | Elin Nordegren’s Home | Rory McIlroy’s House | Rush Limbaugh’s Palm Beach Home

While the Bears Club and The Ritz share the same stop light and first few hundred feet, the Ritz home owners drive straight and the Bears Club members and homeowners turn right into a magnificent, gated, stoned entry.

The caddies at the Ritz, when asked the difference between the two clubs, respond that the “Ritz homeowners are all millionaires, but the Bears Homeowners are billionaires”. While that may not be universally true at the Bears Club, they do have more than their share of ultra wealthy members.

MJ’s choice of a 3-acre homesite at the Bears Club is not all that unpredictable. His desire for privacy will certainly be well-served there, as entry to the Bears Club is well guarded.

His home has already been landscaped with a literal forest of trees, giving little or no glimpse of his mammoth 28,000 sq. ft. home, together with 3 separate structures; a guard house, guest house and pool house.

The Bears Club, Clubhouse

He paid $4.8m for the land and $7.6m for the construction, making this $12.4m mansion probably the most expensive non-waterfront home in the Palm Beaches. MJ’s total commitment when furnished will probably exceed $20m.

What is surprising, comparing Jordan’s piece of land to Tiger Woods’, (click here to see Tiger Woods’ Jupiter Island home) is that Tiger put together 3 parcels on Jupiter Island so that he has frontage on both the ocean and the Intracoastal. It would be interesting to see what the Jordan home resells for, being that its location, while great for MJ’s privacy, is not ideal for resale to the trophy and yacht buyer.
Michael Jordan New Home Slideshow

Jordan’s house has 11 bedrooms, 6 on the 2nd floor alone, a 2-story guard house, an athletic wing together with basketball court and lavish workout facility. It’s rumored his huge media room with state-of-the-art electronics is ‘cigar friendly’.

The Bears Club is already being used extensively by MJ. His usual routine is to play golf from sunrise to sunset. His handicap varies from 3-7, dependent on the difficulty of the golf course and whether he is spraying his drives.

Michael Jordan’s Jupiter Home – Closer View

While MJ loves cigars and gambling, it’s rumored he’s tamed the latter in deference to Jack Nicklaus’ wishes to ‘tone it down’.

The Bears Club has 55 estate residences, with starter estate homes beginning at $4-5 million and the largest homes being priced just under $20m. Besides the estate residences, they have 3 other categories, Golf Villas, 14 Club Cottages, and 13 Vintage Estate Homes. Click here to see all of Michael Jordan’s new neighbors homes on the market at Bears Club real estate for sale.

The stone-clad Clubhouse is truly magnificent looking, both architecturally and the lush, dark-wooded interior. Jack Nicklaus spared nothing when building this masterpiece, notwithstanding the $350,000 initiation fee and $25,000 annual dues.

The golf course is not your typical palm-tree lined Florida course; instead the property is blessed with hundreds of mature pine trees and well maintained scrub that eats golf balls when struck off line.

The greens are firm, ultra-fast, and can be treacherous when cut very tight. I played there over a dozen times and always averaged about 3 to 4 strokes higher than my normal score. The course has a very high course rating and is fair but on the difficult side. Their caddy program is terrific.

Comparing it to real estate at Ritz Carlton in Jupiter, where I was a member for 4 years before 2 back surgeries forced my early retirement from golf, I found the Ritz to be a hair easier, maybe 1 to 2 strokes. Jack Nicklaus also designed the Ritz and made it his chief project to not let it be a lesser course, and he definitely achieved his goal. Both courses are terrific, great challenges, and a joy to play.

Having built homes in Highland Park, Illinois, I remember when MJ bought his parcel of land in Highland Park and built a 29,000 sq.ft. house together with a 3-hole golf course in his backyard. MJ had the number 23 on his entry gate. Will history repeat itself?

–Cary Lichtenstein is a former golf rater for GolfWeek Magazine. He started playing when he was 7 years old. His handicap varied from 4-5. He lives next door to the Bears Club at Admirals Cove. Cary and his son, Jeff Lichtenstein, are realtors for Illustrated Properties and Christies Great Estates.

Hard Coded Ad Space for Listing.

Michael Jordan’s House | Tiger’s Sports Complex | Venus Williams’ Mansion | Celine Dion’s House | Donald Trump’s Private Club | Burt Reynolds & Friends | Elin Nordegren’s Home | Rory McIlroy’s House | Rush Limbaugh’s Palm Beach Home

Mirasol Builder May Be For Sale!

November 30th, 2010

Reports are circulating on the Internet late this afternoon that the builder of The Country Club at Mirasol in Palm Beach Gardens, Taylor Morrison and affiliate Taylor Woodrow are up for sale.  JP Morgan Chase has been hired to provide advice on the sale.

Taylor Morrison, the No.1 for-profit private homebuilder in the United States, builds homes in Arizona, Colorado, Texas, California, and Florida and also operates under the Monarch brand in Canada.  In our area, they shared the spotlight with Toll Brothers and WCI before they went under. This Mirasol Builder May Be For Sale!

Taylor Morrison, a wholly-owned subsidiary of Taylor Wimpey, a firm out of the UK, builds housing in California, Arizona, Colorado, Texas, and Florida.  In Florida, it is best known for its 2,000 homes at the Country Club at Mirasol, a club where the PGA Tour held their Honda Classic for three years before moving it back to the PGA National Resort and Spa.

The luxury community of Mirasol has 2 golf courses, a 50,000 square foot Grand Clubhouse, 15 tennis courts, covered driving range, Esplanade Spa & Fitness Center, and an Olympic-sized pool.  When built, it joined other clubs in the area like BallenIsles, Old Palm, Old Marsh, and Frenchman’s Creek.

3 Carrick Road | Burwick at PGA National | Homes For Sale

November 30th, 2010

3 Carrick Road in Burwick at PGA National offers sparkling & sensational lake views with a southern exposure, situated on an expansive private lot. The great room is comfortable and sophisticated. Designed with our Florida Resort Beaches in mind, it’s as open and cheerful as it gets. Plentiful cabinetry & counters makes the kitchen a chef’s delight. 2 wide skylights are angled for perfect light. Casual elegance is felt in the living & dining rooms. Beautiful conch soft lily colors, molding, unique brick floors, and French doors. The Master has a Jensen Beach seascape feel. 2 walk-in closets and a large bath make this a peaceful oasis. 3 split guest suites with each room having its own design flair. Extras include intercom music, central vac, UV-AC. The covered loggia is huge, with open deep pool, brick pavers, BBQ grill, wet bar, cabana bath, and a separate grass backyard, all surrounded by majestic oaks & palms & the lake. A truly serene experience.

A Day In The Life or 1560 minutes thanks to “Just In Time Dry Cleaners”

November 29th, 2010

Just In Time Dry Cleaners (JITDC), a division of Eagle Cleaners near the real estate in North Palm Beach, is the biggest time saver. Almost everyone I know drops their dry-cleaning off at a store. They have to remember to put the dry-cleaning in the bag, pay gas monies to drive to the store, and lose time in the process. Say it take 15 minutes out of your day to drop off and another 15 minutes to pick up. This is conservative figuring driving time, waiting in line, let alone remembering to do it. So that’s 30 minutes a week but realistically probably more. 30 minutes x 52 weeks = 1560 minutes a year. Since a day is 1440 minutes, one is conservatively wasting over a day per year delivering, picking up, waiting and worrying about dry cleaning. Probably closer to 2 days if you pick-up/drop-off another day or get stuck in traffic or behind a slow customer.

With Just in Time, it’s easy. I put the dirty clothes in a bag and leave it on a hook by the front door of my home. When I return home, the bag is replaced with the previous bag’s clean laundry. My time consists of opening up and closing my front door. No worries. They pick up and deliver twice a week right at my home. I never have to bug my wife to drop off or pick up the dry-cleaning. On my dress shirts I have them do a medium starch but you can request it to be done any way you’d like it. If I was ever in a jam, Eagle Cleaners owns multiple stores and I can always make an emergency drop-off or pick-up in one of the other stores. Not only do they have 35 years experience in the area, but they own their own dry-cleaning plant and don’t subcontract out. Best of all, delivery is free. The owner, Buck Denton, will call back immediately if there is an issue. If you want a dry cleaner that delivers in Jupiter, Palm Beach Gardens, or North Palm Beach, look no further. Their location near all the homes for sale in North Palm Beach is on the corner of US1 and PGA Boulevard, not far from the homes for sale in Harbour Isles. The phone number for Just in Time Dry Cleaners is 561-212-4343.

700 S US Highway 1 #402 | Jupiter Yacht Club | Luxury Condos For Sale

November 29th, 2010

700 S US Highway 1 #402 at the Jupiter Yacht Club boasts stunning & expansive views from up high of the Intracostal, Riverwalk & mangrove scenes. Be the first to occupy this open condo with crown molding and new 2010 new pecan floors. The elevators are limited to a few residents & bring you directly to your own foyer. The original owner was in the high-end cabinetry business and used nothing but the finest materials. A first-class kitchen has beautiful self-closing cabinets with moldings, pullouts, exquisite granite, and stainless steel with exhaust. The master views are oriented toward the Intracoastal. Huge walk-in and an oasis of pleasure in the master bath. Loads of marble and a Jacuzzi are highlights. 2 VIP suites with views of the Atlantic Ocean. The covered patio is wide and lets you watch the boats & action. Extras include impact glass, 2-car garage, storage, movie theatre, putting green, fabulous pool, and social & exercise rooms. Walk to shop & play!