Jack Nicklaus's house in Palm Beach, Florida, is fitting for someone who is considered one of the best golfers of all time. The golf legend has won over 100 tournaments and holds the record for 18 major championships. Nicklaus is regarded as a pioneer of golfing and is well-known internationally. ESPN named him one of the ten greatest athletes of the century.
Jack Nicklaus House Details
Jack Nicklaus’s $27 million house was built in 1970 but updated in 2020. It's a one-story home built for easy living. Nicklaus and his wife are both in their 80s, and a one-level home offers the family a comfortable lifestyle in their golden years.
Jack Nicklaus‘s house is over 15,000 square feet, providing plenty of space for the legend and his family. The home has five bedrooms and five bathrooms. He shares the house with his wife, Barbara, but there’s plenty of room for his adult children and grandchildren as well.
Like many homes in his neighborhood, the house is well-built and upscale. It has carpet and hardwoods throughout and a fireplace for a cozy Florida winter. Although Jack Nicklaus keeps his North Palm Beach home very private from the public, he has revealed the interiors of other properties he owns. Nicklaus and Barbara prefer a very classic and elegant aesthetic, with beautiful, refined furniture, lots of pretty details, and antique touches.
Jack Nicklaus’ home sits on 1.63 acres of land. The acreage gives Nicklaus plenty of space to enjoy the lush, tropical outdoor setting. The house is surrounded by beautiful trees and foliage, creating a very private sanctuary escape for the Nicklaus family.
The home is on a magnificent parcel of land with beautiful tennis courts, and a resort-style pool adds to its lavishness. The most extravagant part of the property is the views. Nicklaus and his family enjoy stunning views of the intercoastal. The home sits right on the waterfront with a boat dock and lift.
The home has gone through updates over the years. In 2023, Nicklaus updated the home’s boat lift. Boating is extremely important to the Nicklaus family, as he and his wife, Barbara, are avid anglers. Fishing is a favorite pastime of the golf legend. During his college golfing career, Nicklaus’ golf coach, Bob Kepler, was okay with the young golf legend skipping practice as long as he was fishing, His coach introduced him to fly fishing, which quickly became a favorite sport for Jack Nicklaus. He still spends a lot of time on the water, so it’s important that his North Palm Beach home has a boat dock that works beautifully.
Nicklaus once told reporters that it was important for him to be able to keep a boat at home for personal use. The home’s position on the intercoastal waterway provides easy access to the water. Jack can spend time boating and fishing right off the dock or take his boat to Lake Little Worth or through the North Palm Beach Waterway.
Where is Jack Nicklaus’s Home?
Jack Nicklaus‘s home is on Old Harbour Road in Palm Beach in an incredible location. The estate is tucked between Juno Ridge and North Palm Beach. He lives in the stunning community of Old Port Village. The Old Port Village neighborhood has relaxed HOA regulations and consists mostly of waterfront estates and condominiums. It’s one of the most luxurious and exclusive areas in North Palm Beach that's very close to other prominent South Florida cities.
Residents enjoy a lavish lifestyle that is equivalent to a tropical paradise vacation year-round. The neighborhood has beautiful parks, tennis courts, volleyball courts, and a dog park. Nicklaus is just steps away from the Palm Beach Gardens Mall, waterfront restaurants, and the John MacArthur Beach State Park. The North Palm Beach Country Club is also just minutes away.
Old Port Village is one of Florida's richest neighborhoods and has become a haven for the ultra-rich. Homes in the community start in the $5 million range, with properties listed for up to $35 million. Nicklaus is surrounded by rich neighbors, but he’s likely one of the wealthiest people in his community. Jack Nicklaus's estimated net worth is around $400 million. In 2016, Forbes ranked Jack Nicklaus the number four highest-paid athlete of all time. He has earned over $1 billion during his career. Much of his wealth was gained from golfing, but he’s built a fortune through various other ventures, including designing courses, lucrative endorsement deals, and an impressive real estate investment portfolio.
Jack Nicklaus has created over 420 courses worldwide through his design company, contributing greatly to his net worth. He is about 15 minutes from Tiger Wood's home which sits on Jupiter Island and houses other celebrities and ultra-wealthy personalities.
Jack Nicklaus is also well known for his philanthropy. In 2004, Nicklaus and his wife Barbara created the Nicklaus Children’s Healthcare Foundation, which raised nearly $200 million in pediatric healthcare. He also hosts many golf tournaments that benefit various charities.
Jack Nicklaus’ Real Estate Investments
Nicklaus has owned several properties over the years. He previously owned a home in Aldie, Virginia. The custom-built home was over 5,000 square feet and had four bedrooms and four bathrooms. The house served as a part-time residence for Jack and Barbara during an annual golf event hosted by the Nicklaus family to raise money for children’s health charities. He listed the home in 2020 for $2.7 million.
Jack Nicklaus also owned a home in Beavercreek, Colorado. The Colorado Mountain home sold for $8.5 million in 2022. He bought the house because he wanted a cabin located off the Beaver Creek Ski Resort. The 8600-square-foot log home was a rustic retreat for Nicklaus, with four levels of exposed log beams and an incredible fireplace. The cabin had rustic wood beams, comfortable living spaces, and luxurious bedrooms.
Jack Nicklaus and Panther National
In recent years, Nicklaus partnered with Justin Thomas to create a gated golf community in Palm Beach County, one of the area's first gated golf communities in nearly two decades. Nicklaus and Thomas are building on the success of golf’s rising popularity. Golf is currently on the upswing and more popular than ever in the United States. In 2023, one in seven Americans said that they had played golf that year.
Nicklaus and Thomas named the community Panther National. The ultramodern community has 218 luxury homes. The 392-acre development is nestled next to a 2,400-acre conservation area, giving residents a slice of paradise on all sides. The stunning neighborhood is anchored by a breathtaking 18-hole golf course. Panther National offers resort-like amenities, including a nine-hole par three practice course, golf training facilities, swimming pools, tennis courts, pickleball courts, and a wellness and lifestyle center.
Another community anchor is the incredible 55,000-square-foot clubhouse, where residents can meet their neighbors and attend and host events. The clubhouse won’t feature a ballroom because it’s intended to be a place of youth. However, it will feature a gym, pro shop, indoor golf areas, and a luxurious spa. The clubhouse also has beautiful gathering spaces both indoors and outdoors. Four unique restaurants in the clubhouse offer upscale dining options.
The club membership initiation fee is $500K, with annual fees in the low $30K. The hefty price tag is due to the amazing golf course, which is expected to be one of the best in the United States. Once complete, the course will be one of the top golf courses in Florida.
The community is still developing, but the homes are being built quickly. All homes in Panther National are expected to be complete by 2028. Nicklaus and Thomas expect that it will be a second or third home for most buyers. A handful of celebrities have already purchased homes in the community. The price tag for homes in Panther National starts in the $4 million range.
Establishing The Bear’s Club
Nicklaus also has close ties to the Treasure Coast. The golfer is famous in the region for establishing the Bears Club in Jupiter, Florida, in 1989 with the help of his wife, Barbara Nicklaus. The Bears Club was created to give members a world-class golf and club experience. Today, it is one of Florida's most exclusive and stunning golf courses; it's home to Michael Jordan and many other celebrities and athletes. The Bears Club and its luxurious residential community quickly became a haven for golf stars, attracting many professional PGA players and other celebrities.
About Nicklaus
Nicklaus realized that he had an early talent for golf. He took up the sport at the age of 10 and was already winning titles by age 12. Despite his great golfing successes throughout his teen years, it wasn’t evident to Nicklaus that golf was his destiny.
Nicklaus attended Ohio State University, where he continued to win titles and impress his coach and teammates on the golf course. Despite his natural gift for golf, Jack decided to study pre-pharmacy. He intended to follow his father's steps and work in a pharmacy after graduation. Even as his golf achievements continued to mount in college, golfing wasn't Nicklaus' main focus in school. Instead, Nicklaus switched his major and decided to study insurance; his goal was to be an amateur golfer while earning a living by selling insurance.
Following the birth of his first child in 1961, Nicklaus decided to become a professional golfer. His decision was motivated by a need to support his family financially. His professional career experienced a breakthrough in 1962. He gained notoriety for his impressive golf skills, tall stature, and blond hair. His agent at the time nicknamed him the Golden Bear, a name that would stick throughout his professional life.
Although Jack Nicklaus no longer golfs professionally and is technically retired, the former professional golfer is still an avid businessman, philanthropist, and golf course designer. Most people are familiar with Jack Nicklaus’ impressive golfing record or have heard of his golf courses. He’s designed golf courses in 40 states throughout America and dozens of countries worldwide. Jack is the CEO of Nicklaus Design, the world’s largest golf course construction and design company. He’s also the author of a best-selling book, considered one of the top books on golf of all time. His autobiography is titled Golf My Way.
A Lifelong Florida Resident
For Jack Nicklaus, Florida will always be home. In an interview with Palm Beach County, the golf legend said that he loves the Palm Beach area and, after traveling all over the world, knows for sure that it’s precisely where he wants to be. Nicklaus could have chosen to live anywhere he liked, yet he chose North Palm Beach, Florida, with reason.
Jack Nicklaus also lives in Palm Beach to remain close to his family. His children grew up in the area, and four out of his five children chose to remain in Florida. In Palm Beach, Nicklaus is close to his children and grandchildren.
One primary reason Jack loves Palm Beach County is the weather. The sunshine and humidity levels in North Palm Beach make it a perfect place for golfing year-round. Nicklaus also appreciates the easy access to amazing golf courses and tennis courts. The golf legend plays a lot of tennis to keep in shape, and the courts in Palm Beach County are phenomenal.
