Former President Barack Obama and former first lady Michelle Obama have joined the community of Martha’s Vineyard with their $11.7 million purchase Wednesday of Edgartown Estate.
The Obamas bought the 29-acre property in one of America’s most exclusive neighborhoods from Boston Celtics owner Wyc Grousbeck, the MV Times reported. The home had sat on the market for four years, with Grousbeck originally asking $22.5 million for the sprawling mansion and grounds, according to the Daily Mail. He had dropped the price to $14.85 million before agreeing to the final selling price.
Former U.S. President Barack Obama and first lady Michelle Obama participate in the unveiling of their official portraits during a ceremony at the Smithsonian’s National Portrait Gallery, on Feb. 12, 2018 in Washington, DC. (Mark Wilson/Getty Images)
The former president and his wife are in possession of a 7,000-square foot waterfront house that boasts seven bedrooms and nine bathrooms. There’s a pool and two guest wings attached to the main residence. (RELATED: Barack And Michelle Obama Release First Netflix Feature)
The real estate listing notes the “long and winding driveway, sprawling lawn, and incredible water views make for the perfect family compound setting for generations to come.”
Barack Obama: Martha’s Vineyard in summer (Reuters)
“Your summer days can be spent poolside in a garden-like setting with the sounds of the waves lapping in the distance, or exploring the expansive Great Pond and outer barrier beach for a full day on the water,” reads the description. (RELATED: Obamas Pressure Black Woman To Relinquish ‘Higher Ground’ Trademark)
The Obamas are familiar with the property because they rented the house last summer and were apparently so taken with it that they decided to offer a bid. The power duo also owns a $8.1 million home in Washington, D.C.
The Obamas entered the White House in 2009 with a net worth of $1.3 million, according to Business Insider. Today, the couple is worth at least $40 million with some estimates putting the value at $135 million, at least partially due to a deal with Netflix.
During a 2018 speech in South Africa, Barack Obama bemoaned global income inequality and pointed his finger at the rich for their luxurious lifestyles.
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Crime doesn’t pay?
There goes the neighborhood. I can see it now: sofa on the front porch, grill in the front yard.
Pit Bulls. Don’t forget a couple of vicious Pit Bulls.
And I’m thinking a retro Caucasian-flavored “lawn jockey” statue holding a lantern by the house address sign would be a splendid touch.
https://chairish-prod.freetls.fastly.net/image/product/sized/07d47617-4c60-469f-976b-40736bc4abd5/concrete-lawn-jockey-statue-9246?aspect=fit&width=640&height=640
This is a new side of you Peqquer, your quite jocular.
Damn, those are excellent decorating ideas, here I thought you were an engineer.
And to think, with global warming, his house will be underwater in a mere 10 years. How could he buy the place knowing this FACT! Poor guy, lake Michigan will completely flood Chicago; Hawaii residence-ditto.
Hey Barack, I’ve got a pup tent in my backyard for both you and Michael. You’re welcome.
A pup tent for Mike’s bitch.
A great theme song anyway you slice it.
OMG! What will Greta think?!
Possible future event?
https://modernsurvivalblog.com/volcano/300-foot-tsunami-and-east-coast-destruction/
This Ohio redneck has been to Martha’s Vineyard several times. Good clam chowder but horrible people. Avoid MV whenever possible.
I am willing to be there are very few people of color in MV. I wonder how many will move away like Michelle said recently of white flight
Did the taxpayers just purchase that mansion for Barry the Criminal and Big Mike?
Obutthole is spending and living nigga rich while he can before Rudy smacks his ass and takes back the mo mo
Crime pays and criminal politicians make lots and lots of money, look at Hillary and Bill, two very successful political grifters. The Obama’s took a page from their book and have their own ‘charitable foundation’ to launder their ill-gotten gains. The gold from Libya and the Ukraine isn’t accounted for, the pallets of money sent to Iran isn’t really accounted for and then when you look at Plugs and Snorty Biden and all the money they made, you do have to wonder who pulled what strings to enrich Obama.
Kick backs from that pallet load of cash to Iran ?
Nah….
Wow , poor people waiting for section 8 vouchers for a spot in Martha’s Vineyard finally will have an advocate for low cost housing . With 29 acres the community organizer and his wife can build a modest high rise with single family dwellings clustered around a community outreach center .
This has to be Michelle & Barrack’s dream come true !
LMAO
They all go to Martha’s Vineyard to kiss the not-to-dead Kennedy rings of power!
The Obama’s bought the house because Moo-chele’s bathroom had a stand up urinal and a cock washer instead of a bidet
Do you have a cock washer or bidet, Bucky?
It’s good to be king
As Scarface would say ” choot dat pita chit ! “
Paid for n cash he stole from pallets on a plane headed for Iran….piece of brown shit
……and all this for being a great actor in realities killer theater. Is it not ironic that Obama won the Nobel Peace Prize and that the Obama Administration was one of the most violent, warlike administrations in U.S. History. The irony is delicious. Now the man who screwed the American middle class is going to live high on the hog with the elites in Martha’s Vaginard.
What climate change? Let’s buy on an island in the ocean Moosh.