The American world number two has not competed on the US Tour since clinching his 75th title at the Farmers Insurance Open four weeks ago, taking time off to be with his children before getting down to some serious practice.
"The last couple of weeks, I started getting back into it. The last week really hard," Woods said outside the spacious clubhouse at Dove Mountain's Ritz-Carlton Golf Club. "And playing with Mr. President was pretty cool.
"He's just a wonderful person to be around. We won."
Obama, an avid weekend golfer, and 14-times Major winner Woods played together on Sunday for the first time at the exclusive Floridian Yacht and Golf Club, which was surrounded by a cordon of security.
Woods, who lives about an hour south of the Floridian club in Jupiter, said he had been impressed by the quality of Obama's golf.
"He's a pretty good athlete, and as we all know he played a lot of hoops (basketball)," said the 37-year-old American as the wind began to strengthen at Dove Mountain. "He's a lefty, but to see him out there hitting shots, he hit it well.
"And we didn't play under the easiest conditions. He's got amazing touch. He can certainly chip and putt.
"After these four years (Obama's final term on office), if he ever spent more time playing the game of golf, I'm sure he could get to where he's a pretty good stick."
Like many of his predecessors, Obama has escaped the pressures of the Oval Office by taking to the golf course. He has played more than 100 rounds as president and typically tees it up with a group of close-knit friends.
Woods will take on fellow American Charles Howell III in Wednesday's opening round at Dove Mountain and is taking nothing for granted in the notoriously unpredictable format of matchplay golf.
"Anything can happen in 18 holes, and it's imperative to get off to a positive start," said Woods, who won the elite World Golf Championships (WGC) event in 2003, 2004 and 2008.
"The whole idea is just to beat one guy at a time.
"There are times where I've played well in matches and I've lost, and other times where I've played poorly and advanced. It's pot luck."
Woods will be playing Howell, who is known for his workaholic approach to the game, for the first time in this format since he triumphed over his compatriot in the quarterfinals of the 1996 US amateur championship.
"His work ethic has never changed, never waned," Woods said of the 33-year-old Howell. "He's out there working all the time. He's trying to get better. I admire guys who put in that kind of work.
"It's not easy to do. He's implemented some swing changes over the years, but his tireless work ethic is something we all look up to."
Asked if he had a favourite memory from his matchplay career, Woods replied: "I'd have to say probably all of my finals in the Am (US amateur championship).
"I was down in the final all three (US) juniors and all three Ams and came back and won all six of them. It's something I'm pretty proud of. Not one stands out."