Are The Obama’s Moving Into This Super-Expensive House? Here’s The Scoop!

LuxuryOctober 18, 2019

After having spent eight years in office, completing his maximum two terms as President, Barack Obama is now free to do as he pleases. And apparently, this freedom has resulted in the purchase of a gorgeous beach-facing property that is reportedly spread over a massive area of 29 acres.

According to reports, while the purchase is still in the process of being finalized, reportedly the money that is to be paid for it has already been deposited into an escrow account. And the amount? Possibly a staggering $14.9 million.

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Barack Obama spent two terms in office as President of the United States.

This amount is an estimate, considering the $14.85 million price tag with which the same property had appeared on the listings, and the price that the Obama’s would have actually paid for it could be higher or lower. Although we don’t expect there to be any hiccups in the purchase process, however, it is to be made clear that the estate is still not under their ownership as of yet.

About The Estate

The estate is reportedly currently occupied by Wyc Grousbeck, the owner of Celtics, who has been trying to sell it for quite some time now. The total area is spread over 6900 sq. ft. with accommodation of seven bedrooms as well as nine bathrooms.

According to the official listings which have been made for this property, it has vaulted ceilings in the living room that has steel beams which are completely exposed. A fireplace made out of stone is also a defining feature of this space.

Since the mansion is enormous, naturally it has to be divided into wings to make navigation and maintenance much easier, for both the staff as well as the residents. For the guests, the main building has two special wings which are more than enough to accommodate even considerably large groups.

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Barack and Michelle are now spending time away from politics and focusing more on community work.

A master suite is also available, complete with its own fireplace. It also has a sun deck that is private enough to allow the occupants of the house ample opportunity to bathe in the sun without fear of prying eyes from the outside. And it should not come as a surprise at all that this sundeck also offers gorgeous views of the sea, which is naturally a defining feature of almost every beach-facing property

Great Water Features

The President and his gorgeous wife Michelle Obama can both relax along the poolside where the sitting spaces have been designed in a manner that it looks like a garden. The sounds coming from the waves of the sea can be heard very clearly, which offer a soothing effect of their own.

If this is not enough, then they can always walk out of the house onto the beach where they can spend the day, either alone or in the company of people they love.

Their new home, once the purchase is complete, would surely offer a gorgeous space for the entire family to relax.

The listing of the house also mentions that the visual aesthetic of the property cannot be described and needs to be experienced, and this is probably why the Obama’s have fallen in love with it, considering the family reportedly spent the summer there on a rental basis.