Here's Michael Jordan's new shack in Jack Nicklaus's development

Jay Busbee

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A few weeks back, we brought you a look at Tiger Woods' fine new $50 million bachelor pad. We follow that up today with the first look at Michael Jordan's swank digs in Jack Nicklaus' new "Bear's Club" development in Jupiter, Fla.

Analysis by Cary Lichtenstein of PGA National Real Estate indicates that Jordan paid $4.8 million for the land and $7.8 to build the mansion, and will likely have a total commitment of $20 million in the property when all is said and done. And while Woods' property comprises three lots with both ocean and Intracoastal Waterway access, Jordan's has neither, which could compromise its resale value. (See if you can bargain him down!)

[Related: Sprawling (and modest) homes of Internet tycoons]

The Jordan estate has 11 bedrooms, a two-story guard house and an athletic "wing" with a basketball court (of course). You'll note that the property isn't far from the golf course, but we're betting Jordan won't have to sneak onto the course at twilight to get in a few holes.

For more analysis of the course and the Bears Club, click here.

[Photo: Michael Jordan selling $430,000 supercar]

[Cary Lichtenstein is a former rater of golf courses for GolfWeek Magazine. He started playing at the age of 7, and has played all top 100 golf courses in the United States. Cary served on the greens committee at Admirals Cove, and now concentrates on homes for sale in Admirals Cove, Jupiter, Florida with his son Jeff Lichtenstein at Illustrated Properties]

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