Barack and Michelle Obama are buying $15M estate in Martha’s Vineyard

Via The NY Post

Barack and Michelle Obama are buying $15M estate in Martha’s Vineyard

Barack and Michelle Obama are close to buying a massive Martha’s Vineyard estate.

TMZ reports that the former president and first lady are in escrow — aka in contract to purchase — a 29-acre beachfront plot with a 6,892-square-foot main house. The Obamas were initially just renting the seven-bedroom, 8½-bathroom spread for summer 2019, but apparently loved it so much that they made an offer.

It was most recently on the market asking $14.85 million, but the Obamas are apparently paying less.

The property at 79 Turkeyland Cove Rd in Edgartown, Mass. — owned by Boston Celtics chief Wyc Grousbeck — has a living room with vaulted ceilings and a stone fireplace, a chef’s kitchen and a formal dining room with giant windows, according to the property’s Realtor.com listing.

The Obamas will bunk in the master suite, which has a fireplace and private sun deck.

Outside, there’s a pool with another fireplace — or the couple could swim on the private beach, which has a boathouse.

“It’s not a done deal just yet,” TMZ says. “We’re told there are contingencies so it’s possible it could fall apart, but we’re told so far it’s a go.”

Grousbeck initially put the palatial property on the market in 2015 for $22.5 million.

In 2017, the Obamas dropped $8.1 million on a nine-bedroom house in the Washington, DC, neighborhood of Kalorama.

There’s plenty more where that came from. As of 2018, Barack Obama’s net worth was about $40 million, according to a GoBankingRates calculation. But given Michelle Obama’s bestselling hit “Becoming” — and the lucrative book tour that accompanied it — it’s estimated the couple is worth more than $135 million.

Tom LeClair and Gerret Conover with LandVest Martha’s Vineyard are marketing the listing.

-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal

-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Click to visit the TBP Store for Great TBP Merchandise
Subscribe
Notify of
guest
44 Comments
Dutchman
Dutchman
August 22, 2019 12:33 pm

There goes the neighborhood!

James
James
  Dutchman
August 22, 2019 1:54 pm

Dutch,the neighborhood was fucked long ago!The rock(Vineyard)was fucked when teddie drove off the bridge,guess who’s mum has a house next to bridge with landscape timbers on property from original bridge?I am glad she is getting off the rock which for most part is a progressive liberal hellhole in a place of great natural beauty,sad she has to leave for health reasons.

The rock does have some cool/kind folks but still not a place I would want to live,obolas moving there just adds to reasons not to live there!

Dutchman
Dutchman
  Dutchman
August 22, 2019 3:13 pm

I don’t know where else to post this – you gotta listen to this 30 second clip of De Blasio:

ragman
ragman
  Dutchman
August 22, 2019 3:37 pm

Alvinnn!!

Pequiste
Pequiste
  Dutchman
August 22, 2019 4:00 pm

What a maroon.

The U.S. is a Donkey Show
The U.S. is a Donkey Show
August 22, 2019 12:35 pm

America is a skim, a scam through and through.

I went to the phone store today. Only 2 phone makers left. iPhone and Samsung. Soon to be only 1 left.

Neuday
Neuday
  The U.S. is a Donkey Show
August 22, 2019 12:54 pm

If every cell phone forever disappeared tomorrow it would be a boon to humanity.

The U.S. is a Donkey Show
The U.S. is a Donkey Show
  Neuday
August 22, 2019 5:07 pm

Neuday,

I cannot argue with that. But many other things would have to disappear also in order to make a difference. I wouldn’t have a cell if my career didn’t require it.

Prof. Mandelbrot
Prof. Mandelbrot
  Neuday
August 23, 2019 6:47 am

I drove in Denver last week all week. I recently drove in Atlanta for a week and the 3 noticeable differences was 1) both were bumper to bumper traffic but Denver avg speed with bumper to bumper traffic was 65mph while Atalanta was 8 mph 2) denver white population in cars by observing was 95% vs Atlanta 50% 3) i never, not once, saw anyone in Denver using a cellphone while driving whereas Atlanta nearly 35% were staring into their phones while driving. Unsure why Denver is compliant and Atlanta is not but the traffic flow surely is different. It was odd how progressive and liberal Denver was but the diversity was surely lacking. Seems lately my many travels have me going to very liberal progressive places that tout how great diversity is but they seem to be the least diverse! Was just something I noticed….

Grog
Grog
August 22, 2019 1:17 pm

The Cabots the Lodges and the Obamas.

Pequiste
Pequiste
August 22, 2019 1:18 pm

One would have thought they would have preferred to reinvest in “their community”.

I was sure they were going to get something beachy swanky in the Sea Islands of South Carolina or Georgia for that Gullah experience.

Or better, some infusion of that Obama magic into the Black bayous of Louisiana. And Voodoo too.

(I always suspected that Camden was just not going to be in their real estate purchase plans.)

James
James
  Pequiste
August 22, 2019 1:55 pm

Peq,perhaps they will consider Newark?

Pequiste
Pequiste
  James
August 22, 2019 4:03 pm

Someplace close to Spartacus Booker’s crib peut-être.

Mygirl...maybe
Mygirl...maybe
  Pequiste
August 22, 2019 4:18 pm

Well hell, who would’ve thought that Marxism paid so well?

Pequiste
Pequiste
  Mygirl...maybe
August 22, 2019 4:55 pm

Commissars and nomenklatura always get the nicest dachas, comrade.

John Galt
John Galt
  Pequiste
August 23, 2019 6:50 am

The only thing the obamas wanted from the blacks was their votes and the whites their money. They prefer to live in white neighborhoods…..but no leftist will ever make that known or state it out loud…..

DRUD
DRUD
August 22, 2019 1:19 pm

Apparently, Government “service” pays quite well.

Stucky
Stucky
August 22, 2019 1:19 pm

Presidential salary is $400,000 yr.

Let’s say the O’niggers bank it all; $3,200,000 over 8 years.

Let’s assume it was illegal to accept any kind of payments while the Head Kneegrow was in office. He’s been out of office for not even three year … but has a net worth of $40 million?? So, he somehow gained $37 million in the past three years??

The article says the Kneegrow Couple is worth $135 million. That means Moochelle’s net worth must be a stunning $95 million. WTF?

Now I understand why there are so many DEMoncrapS running for POTUS. The perks are simply other-worldly.

I hope global warming causes the ocean to rise ….. and drowns those two cockroaches.

Anonymous
Anonymous
  Stucky
August 22, 2019 1:36 pm

I believe, once they leave office (any/all congress critters too) they get to keep all of the money that was ‘donated’ to their ‘campaigns’ as personal. Probably also tax free I bet.

MMinLamesa
MMinLamesa
  Stucky
August 22, 2019 3:02 pm

Cockroaches can swim. Underwater too. So don’t be dissing. Cockroaches that is.

Unclear
Unclear
  Stucky
August 22, 2019 5:29 pm

Plus, how did Barry pay for his ivy league education? Did he get loans? Or what? Because it wasn’t until later when the magic miracle man cashed in the dreams of his father before winning a seat in the U.S. Senate.

Ahhh. The charmed life is strong in this one.
comment image

Pequiste
Pequiste
  Unclear
August 22, 2019 7:06 pm

A better perspective, I think, of Comrade Barry:
comment image

(Excepting that all the chillun ain’t African)

Anonymous
Anonymous
August 22, 2019 1:46 pm

So, Highland Park on the outskirts of Chicago and scenic Lake Michigan doesn’t give Michael the same woody The Hamptons do?

Yeah, I suppose the east coast offers a quicker escape path to Kenya, if shit gets real.

Lebowski
Lebowski
  Anonymous
August 22, 2019 2:11 pm

I lived in the Hamptons for 20 years There’s only one road out

bigfoot
bigfoot
August 22, 2019 1:51 pm

Grifters gonna grift.

Anonymous
Anonymous
August 22, 2019 1:55 pm

See how well socialism pays those who manage to promise everything to the great unwashed while delivering nothing and actually parasitically enriching themselves and their minions by sucking the life out of working Americans .
No the Treasonous foreign exchange student from Africa somehow claimed to be a citizen and became president pathetically for 2 terms . Even if he was born here he hated this country and has done nothing positive for anyone but himself and perhaps a few idiots that still sing his praise

NoThanksIJustAte
NoThanksIJustAte
August 22, 2019 2:06 pm

“.. the former president and first lady are in escrow — aka in contract to purchase”

Signs Your Readership May Possess the Collective IQ of a Seedless Watermelon:

You find yourself needing to clarify what the term “escrow” means.

Sandwich Gordon GIF - Find & Share on GIPHY

Anonymous
Anonymous
August 22, 2019 2:10 pm

We can hope for a perfect storm , nor’easter . Sometimes god rewards people in mysteriously unusual ways like a 100 foot wall of water quite unexpectedly

grace country pastor
grace country pastor
August 22, 2019 2:19 pm

Wakanda comes to Massivetwoshits!

22winmag - Q is a psyop and Drumpf is lead actor
22winmag - Q is a psyop and Drumpf is lead actor
August 22, 2019 2:21 pm

There are more spooks, spies, fake intellectuals, and political scum in Massachusetts than you can shake a stick at.

This is just more proof of that.

Vote Harder
Vote Harder
August 22, 2019 2:24 pm

Obama =

One
Big
Ass
Mistake
America

Miles Long
Miles Long
August 22, 2019 2:34 pm

I think we should pass an IRS “red-flag” audit law. It’s for the kids…

Iska Waran
Iska Waran
August 22, 2019 2:41 pm

The black population on Martha’s Vineyard just went from 0 to 1.5 – although Wikipedia says that Spike Lee also visits on occasion.

MMinLamesa
MMinLamesa
  Iska Waran
August 22, 2019 3:04 pm

Always problems with blacks. ALWAYS.

Bob Bigaouette
Bob Bigaouette
August 22, 2019 5:32 pm

So, The SkidMark is a Marxist and always was pontificating to the masses about paying their fair share. So…..why are they worth 135 million? I thought they were all about socialism. Are they going to house some illegals or maybe some of the inner city ‘victims’ from Chicago? Do I need to say hypocrite?

Jdog
Jdog
August 22, 2019 5:36 pm

Politicks beein berry berry goood to mee!

Jdog
Jdog
August 22, 2019 5:42 pm

Here is the deal, you sell your soul to us, and do everything we ask, and in return, when you leave office, we help your wife write a book and then we buy millions of copies ensuring you get rich and no one is the wiser…..

Zola Holt
Zola Holt
August 22, 2019 6:17 pm

How long before there’s a BIG WALL around it?

The wonder Of it all
The wonder Of it all
August 22, 2019 10:34 pm

Miracle money. Mana from the heavens
Lets see, 135 million is only a small tithe from the 120 billion given to Uncle Iran, it’s good to have an Uma to broker that deal
My only surprise is that Hamptons is good enough to meet their standards. Don’t want them to live in poverty like the poor Clintons

John Galt
John Galt
August 23, 2019 6:39 am

This communist cuck entered the whitehouse with 250k total net worth, leaves 8 years later and can buy a 15m home. He only got 1m for his book. Where did all the money come from? If he got paid a million for a speech nearly half went to taxes. So tnta means he would have had to make 26m to net 15 million to buy the home. And surely he is not spending every penny on the home. Obviously some of that $1 billion cash on pallets he sent to his fav Iran made it i to an offshore obummer account. He should be audited….

old white guy
old white guy
August 23, 2019 8:34 am

not bad for a couple whose money was scammed from the taxpayers.

Anonymous
Anonymous
August 23, 2019 9:07 am

Only $15 mil. Barrach’s handlers are allowing him a merely humble, if comfortable existence.

Hardscrabble Farmer
Hardscrabble Farmer
August 24, 2019 8:01 am

Why would the smartest President we ever had buy waterfront property when the coasts will all be flooded due to global warming in 12 years?