Former president and first lady Barack and Michelle Obama loved vacationing at Martha’s Vineyard so much that they decided to buy a house in the luxury coastal region of Massachusetts. But, it is not just any home. Mr. and Mrs. Obama bought a property that has a 6,892 square foot mansion of seven bedrooms, eight and a half bathrooms located on 29.3 acres.
According to People Magazine, the former first couple paid $ 11.75 million for the property through a trust. The deed names James F. Reynolds as the administrator, a Chicago-based investment banker who has known Obama since his days as Illinois state senator. During the 2008 presidential elections, Reynolds was a member of the Obama national finance committee.
Former President Barack Obama and his wife Michelle bought a house at Martha’s Vineyard. https://t.co/u8WH2FJec1
– WJZ | CBS Baltimore (@wjz) December 5, 2019
The house was built in 2001 and has several stone fireplaces and ocean views. It is located in Edgartown, and the Obamas bought the house from Boston Celtics owner Wycliffe Grousbeck and his wife Corrine Basler Grousbeck.
Mr. and Mrs. Obama reportedly rented the house during the summer before bidding on the property.
Although the couple is three years away from their days at the White House, 2019 has been a very busy year, especially for Michelle. His memories Becoming He has sold more than 11 million copies and has been traveling throughout the country for his book tour with sold out tickets.
People The magazine named her one of her four "People of the Year," and told the media that her book tour has been very different from her experiences as a politician's wife.
"Now I recognize that the memories and the tour were really different from what I had done before: I was not promoting a policy or gathering votes; I was outside, alone, talking about my feelings and vulnerabilities. That is enough for anyone to lose a little dream, "admitted the former FLOTUS.
Meanwhile, the former president has been writing his own memoirs, which will probably be published before the 2020 presidential elections. And Mrs. Obama is in Vietnam with former first daughter Jenna Bush Hager and actress Julia Roberts to promote education of young women. The Obama are also working with Netflix on upcoming projects through their new production company Higher Ground Productions.