News from TMZ suggests that the Obama family may walk in the Kennedys' footsteps. Barack and Michelle Obama are planning to buy their favorite summer home in Martha's Vineyard. While it may not be the White House, it's still as stunning as any $15 million mansion could be.
Initially, the Obama family lived in a $40 million Washington, D.C. home. This new buy is a larger, fancier, more beautiful home. Here's a sneak-peak inside the former president's estate, its splendid pool, deluxe bedrooms, and lavish living rooms.
No Longer A Summer House
The Obama family have their eyes on a Martha Vineyard home, known as the Edgartown estate. The family used to rent the home during their summer vacations, and they loved it so much that they made an offer. Their final asking price was $14.85 million, but the family is reportedly paying less.
Although the deal isn't finalized yet, TMZ announced that that "so far, it's a go." Collectively, the Obama's have an estimated net worth of $135 million, mainly garnered through book sales and the six-figure presidential pension.
A Giant Home For A Four-Person Family
While the Edgartown estate may not compare to the White House, it's eye-catching in its own right. The entire property spans 29 acres, and the house itself covers 6,900 square feet. The house sits near the beautiful Edgartown Great Pond, so the Obamas will always have a view.
Like much of Martha's Vineyard, the house is surrounded by lush green trees. A private road winds from the house to the pond. Without a doubt, the family will embrace quiet solitude in nature.
The Entrance Hall And Spiral Staircase
At the front of the Edgartown estate, there's an expansive room that separates the home's two wings. Guests can lounge on a circular sofa and look out the window. To the right, there's an elegant living room. On the left, there's a staircase that leads to the second-floor bedrooms.
Like the rest of the house, this space is illuminated by floor-to-ceiling windows and vaulted ceilings. The staircase has warm wooden accents and a classy curving handrail.
Guests Can Lounge Here
When guests enter the estate, they can relax in this room that's just around the corner. Here, the vaulted ceilings show off their modern design. Guests can choose a book on the coffee table and relax until one of Obama's comes down.
This room has the space of a hotel lobby but is far more comfortable. Those pearl couches look perfect to fall asleep on. Of course, any guest who stays over may crash in one of the family's seven bedrooms.
Seven Stylish Bedrooms
The home contains seven bedrooms, so Sasha and Malia can have several friends stay over in the two guest wings. Every bedroom has its own sundeck. The high, vaulted ceilings frame the elegant windows and cabinets are painted white.
One of the bedrooms includes bunk beds, and some others feature a window-side bed. And yes, all of the beds are queens or kings. Most of the cabinets and TV stands are built into the wall to match the wooden paneling.
The Master Bedroom
Of all the bedrooms, the master suite is the most impressive. It's most likely where the former President and First Lady will spend their time. This room includes a fireplace and a wrap-around sun deck that lets in natural light. By the fireplace, there is enough room to sit and kick your feet up on an ottoman.
The floor is a combination of marble tile and snow-colored carpet. Next to the bed, there are two bedside tables, and a stand to hold a small TV or iPad.
The Obama's new estate has nine bathrooms, or eight and a half if you count the showers. These restrooms are expansive, with multiple sinks, several cupboards and drawers, and marble countertops to fancy things up.
The home's bathtubs look like miniature jacuzzis. The circular tubs are deep, marble-rimmed, and huddled beneath a second-story window. Whether the Obama family wants to put on makeup or host a spa day, their bathrooms have room for all of it.
The Massive Chef's Kitchen
As one would expect from a Martha's Vineyard estate, the kitchen is massive. This open room has a long island with several cupboards. Its hanging metal lights illuminate the space when the windows can't.
Unlike the other rooms in the home, the kitchen's floor is dark brown wood. The long kitchen links to a walk-in pantry and a laundry room. It also contains several sinks, low tables, and bars to make sure every kitchen need is taken care of.
The Views And Their Private Beach
Along with its scenic landscape, Edgartown estate sits near a private beach. The Obamas could swim or sail there since it includes a private boathouse. If they want to soak up the sun with more privacy, they can relax by their personal pool.
The home spans two stories, the second of which provides a breathtaking view. Since Martha's Vineyard is an island, the Obama family can see the ocean from almost anywhere in the estate.
The Stunning Outdoor Pool
How could one own a Martha's Vineyard mansion without a pool? With its many sun chairs and stone fireplace, this pool is worthy of a five-star hotel. Whispering trees and a shady courtyard surround it.
The pool connects to a beautifully landscaped patio. If the Obamas wanted to, they could follow the walkway from the pool to the coastal pond. You can see why the family favored this home for summer vacations.
The Dining Room Is One Of Many Sitting Rooms
The home has many sitting rooms with circular tables, and the dining room follows this theme. With a thick marble table, candle chandelier, and plush seats, it's an elegant room to enjoy dinner in. The windows face the path that leads to the Edgartown Great Pond.
Should the Obama family want to dine casually, they can dine on the spacious kitchen table or living room. Even so, the dining room adds a touch of grandeur to any Sunday brunch.
A Roomy, Comfortable Lounge
Every family needs a relaxing TV room, and the Obama family has a fairytale lounge. Soft grey couches encircle a coffee table. Both face both a stone fireplace and mounted TV. Near the window, there's a plush couch built into the wall.
Behind the couch sits a steel pool table. If the Obamas want more game tables, they have plenty of room for them in the back. The furniture rests on a soft rug, a nice break from the cool wood floors.
One Casual Dining Area
Between the living room and the kitchen, there's a more casual dining area. It looks bare now, but the Obama family will make it look more like home. In the center, there's a wooden table with benches and a white marble top. It's a homey room to have a relaxing lunch in.
Behind the camera lies the rest of the kitchen, so people can eat and easily grab seconds. It's one of many potential dining rooms that the Obama family will soon own.
A Sunny, Scenic Sitting Room
The Edgartown estate has no shortage of stone and brick fireplaces. Here is a classy sitting room based around that cozy summer cottage feeling. A unique starlight hangs above a stone floor and table. Green lounge chairs match the lush lawn outside.
Here, the Obama's guests can enjoy some wine while looking outside and enjoying some indoor heat. Most of the sitting rooms in this home surround the Obama family with views of beautiful Martha's Vineyard.
A Second-Floor Jacuzzi
The second floor's balcony is big enough to barbecue and sunbathe on. Along with the breathtaking views, this deck includes a private jacuzzi. The family can watch the sunset while relaxing in a hot tub with a nice drink.
These upper decks provide a view of Edgartown Great Pond, which spans up to 875 acres wide. They also connect to the first-story pool, just in case anyone wants to walk from the pool to the hot tub.
The Second Level's Sitting Room
While most sitting rooms are on the first floor, this one is on the second story. The benefit? Killer views. Comfy lounge chairs encircle a small table. This room attaches to a deck where guests and the family can step outside for some fresh air.
This room also sports the prettiest chandelier in the estate. Iridescent lights with hanging tassels spring from the ceiling's center. This room looks like its own cottage or brunch restaurant.
A Private Beach And Lake
This path, which is the Obamas privately own, stretches from the estate to Edgartown Great Pond. The road up to the home is on the other side. In the front lies the estate's only downside: a two-car garage. Sorry, Malia and Sasha, you'll have to park in the driveway!
Edgartown Great Pond doesn't have waves or peaches. It's a marshland that visitors usually paddleboard, kayak, or sail across. The Obama family will run their own boat deck there.
Not Their First Million-Dollar Mansion
During the Obama presidency, the family lived in several lavish and expensive homes. In 2017, they dropped $8.2 million on a Washington, D.C. home. Back then, their net worth was $40 million, less than half of what they earn now.
Their new property was originally owned by Wyc Grousbeck, owner of the Boston Celtics. His initial asking price was closer to $22.5 million before he dropped it down to $16.5 million, and finally $14.85 million.
One Of America's Most Expensive Locations
Martha's Vineyard is well-known for providing celebrity vacation homes to Reese Witherspoon, Bill Clinton, the Kennedy family, Bill Murray, Neil Patrick Harris, David Letterman, and Princess Diana, among others. On this island, the housing prices are 96% above the national average.
According to the Martha's Vineyard Commission, the cost of living there is 60% higher than the national average. That explains why 56% of homes there are rented out for vacations. Even so, the Obama family decided to live there permanently.
Many Other Presidents Have Lived There
By moving to Martha's Vineyard, the Obamas will join several other celebrities who frequently vacation there. The current President, Donald Trump, used to live in the Connecticut Chateau in Martha's Vineyard.
The Clinton family also used to live in Martha's Vineyard. In July of 2019, their summer home sold for $11.25 million. In the same year, Jackie Kennedy's home went up for sale for $65 million. It's almost like a requirement to live in Martha's Vineyard at some point if you plan to live in the White House as well!