Former PGA Tour Commissioner Tim Finchem and his wife, Holly, bought an oceanfront home Sept. 21 at 329 Ponte Vedra Blvd. in Ponte Vedra Beach for $13.02 million.
The 5,285-square-foot house is 2.3 miles north of a property at 801 Ponte Vedra Blvd. that sold Aug. 29 for a record $19 million.
It is a half mile south of the Ponte Vedra Inn & Club.
The seller was Stephanie Wilson of Jacksonville Beach.
In 2012, Blake and Stephanie Wilson bought the house from Yank Coble Jr. for $4.175 million.
The two-story home, built in 2007, sits on 0.35 acre. It was recently remodeled, according to the Zillow website
The house has five bedrooms and four full and two half-baths. It has a pool and spa, dedicated office, two fireplaces and a dune walkover to the ocean.
The primary suite is on the second floor. It has two walk-in closets, a private bedroom suite and a guest “apartment” with a morning kitchen, living area and full bath.
Finchem, 76, was PGA Tour commissioner for 22 years. He retired at the end of 2016 and was succeeded by Jay Monahan, the current commissioner.
During Finchem’s time as commissioner, tournament purses grew, seeing winners earn more than $1 million for a week’s work. He negotiated three television contracts that enriched the tour.
Finchem served in President Jimmy Carter’s administration as deputy adviser to the president in the Office of Economic Affairs in 1978 and 1979.
Finchem was inducted into the World Golf Hall of Fame in 2021.