Barack and Michelle Obama’s Martha’s Vineyard estate is certainly dreamy.
Martha’s Vineyard is known for beautiful homes and stunning beaches. So, it’s no wonder why the Obamas wanted to spring for a home-away-from-home on the island — and they didn’t skimp, either. The mansion they chose, located on Edgartown Great Pond, is enormous. The home boasts almost 7,000 square feet, 7 bedrooms, 8.5 bathrooms, a private pool, and multiple living rooms, according to the estate’s real estate listing. And with 29 private acres of manicured lawns, greenery, and beach, this estate has a little bit of everything.
While almost $12 million may seem like a high price to pay for a vacation home, it seems the Obamas actually got a good deal on the mansion. When the previous owner, Wycliffe Grousbeck (owner of the Boston Celtics) first listed the estate in 2015, he set the price at a whopping $22.5 million, according to Realtor. However, Grousbeck later cut the price to $16,250,000, and finally sold it to the Obamas in 2019 for just $11.75 million.