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Tasteful Friends: Barack Michelle Obama Just Bought a $11.75M, 7-Bedroom Martha's Vineyard Estate

The Obamas just turned one of their favorite vacation spots into their new home.

Former President Barack Obama and former First Lady Michelle Obama this week purchased a 6,892-square-foot home on Martha’s Vineyard off the coast of Massachusetts, according to the Vineyard Gazette and TMZ.

PEOPLE confirms the seven-bedroom island mansion was sold Wednesday for $11.75 million to a trust.

The deed also names as trustee James F. Reynolds, a Chicago investment banker who has been friends with President Obama, 58, since he was a state senator in Illinois. Reynolds was a member of Obama’s national finance committee during the 2008 presidential election.

According to the Gazette and TMZ, the former first couple rented their new home over the summer before buying it.

The Martha’s Vineyard property sits on 29.3 acres and features seven bedrooms, eight-and-a-half baths and several stone fireplaces. It is located in Edgartown and was built in 2001.

The house is next to the Edgartown Great Pond and has views of the ocean.

The home was sold by Wycliffe Grousbeck and Corinne Basler Grousbeck. Wycliffe is the owner of the Boston Celtics.

A spokeswoman for the Obamas had no comment.

Purchasing the new home is a feather in their cap after a record-breaking 2019, in which Mrs. Obama sold more than 11 million copies of her debut memoir, Becoming, and traveled on a sold-out book tour.

Mrs. Obama, 55, was named one of PEOPLE’s four People of the Year in this week’s issue.

The former first lady opened up about the her family, her marriage and her breakout — and downright busy — year, telling PEOPLE:

“I recognize now that the memoir and the tour were really different than what I’d done before — I wasn’t promoting a policy or rallying votes; I was out there, alone, talking about my feelings and vulnerabilities. That’s enough for anybody to lose a little sleep.”

President Obama is writing his own memoir, which could hit shelves ahead of next year’s election, while Mrs. Obama is currently in Vietnam with Today co-host Jenna Bush Hager and Julia Roberts promoting young women’s education across the world.

The Obamas are also at work on projects with Netflix.

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by Anonymousreply 44May 24, 2020 5:04 AM

Gorge...

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by Anonymousreply 1December 6, 2019 10:13 PM

I remember reading about them buying this months ago?

by Anonymousreply 2December 6, 2019 10:14 PM

Black privilege.

by Anonymousreply 3December 6, 2019 10:14 PM

From overhead...

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by Anonymousreply 4December 6, 2019 10:14 PM

This is at least the third thread on this, Mein Fuhrer.

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by Anonymousreply 5December 6, 2019 10:15 PM

Just look at that view.

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by Anonymousreply 6December 6, 2019 10:15 PM

Patio.

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by Anonymousreply 7December 6, 2019 10:16 PM

Private beach.

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by Anonymousreply 8December 6, 2019 10:17 PM

Pool.

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by Anonymousreply 9December 6, 2019 10:18 PM

Dining room.

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by Anonymousreply 10December 6, 2019 10:19 PM

Cozy living room.

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by Anonymousreply 11December 6, 2019 10:20 PM

Weird kitchen.

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by Anonymousreply 12December 6, 2019 10:21 PM

The house is waaaaaay too white.

It's monotonous and overkill.

by Anonymousreply 13December 6, 2019 10:26 PM

Ugh, it looks awful. It looks like they could shoot a horror film in it.

by Anonymousreply 14December 6, 2019 10:26 PM

The pool and the private beach at R8 and R9, are my favorite things about this house.

by Anonymousreply 15December 6, 2019 10:29 PM

Why didn't the Obamas move back to a swanky neighborhood like the Gold Coast in Chicago, the town that gave them all the opportunities for their political career? It is also a city of with a large population of people of color. Instead they chose lily white Martha's Vineyard. Strange.

by Anonymousreply 16May 23, 2020 5:01 AM

Look @R16 bumping an old thread just to troll. So cute! Coochee-coochee-coo! Look at you, trolling all by yourself, R16!

by Anonymousreply 17May 23, 2020 6:27 AM

R17 Serious. There is always a hater. I myself, am green with envy

by Anonymousreply 18May 23, 2020 7:34 AM

R16, you dumb bitch. It's a pied-a-terre. Look it up.

by Anonymousreply 19May 23, 2020 7:39 AM

R1 What is that red-leafed plant in the yard.

All these pictures are taken on blue-sky days; I thought this part of the coast was wind-blown and chilly. Didn't Kate Hepburn live nearby?

by Anonymousreply 20May 23, 2020 7:44 AM

[quote]I thought this part of the coast was wind-blown and chilly. Didn't Kate Hepburn live nearby?

So all that time her shaky speech was just that she was probably cold?

by Anonymousreply 21May 23, 2020 3:21 PM

Hepburn lived in Connecticut on the Sound.

by Anonymousreply 22May 23, 2020 3:23 PM

The Obamas did tour Hepburn's house while they were looking for a place.

by Anonymousreply 23May 23, 2020 3:26 PM

They more than deserve it.

by Anonymousreply 24May 23, 2020 3:27 PM

[quote] Instead they chose lily white Martha's Vineyard. Strange.

Not at all. Martha’s Vineyard, Oak Bluffs in particular, has been a vacation spot for affluent black Americans since the 19th century.

by Anonymousreply 25May 23, 2020 3:29 PM

It's also been a vacation spot for the affluent deaf community. The island has its own sign language dialect.

by Anonymousreply 26May 23, 2020 3:30 PM

Is that true, R26? That's fascinating.

by Anonymousreply 27May 23, 2020 3:36 PM

Beautiful. But why on the beach with the rising sea levels?

by Anonymousreply 28May 23, 2020 3:36 PM

Obama s goal in life after the presidency were two fold...............he wanted a personal valet forever and he NEVER wanted to fly commercial again. And folks. there you have it why he was a do nothing president that wasted the country s time for 8 years and was really no different than your run of the mill republican.

by Anonymousreply 29May 23, 2020 5:09 PM

Right, he did nothing but create a pandemic team which would've been in China seeing this coming...and Trump fired them because he had your mentality.

by Anonymousreply 30May 23, 2020 5:42 PM

r30 You're forgetting that he didn't put his pandemic playbook in a binder. It was just stapled together.

by Anonymousreply 31May 23, 2020 5:44 PM

God, R31. We have gotten to that point, haven't we.

by Anonymousreply 32May 23, 2020 5:48 PM

It looks bitterly cold.

by Anonymousreply 33May 24, 2020 12:35 AM

It infuriates the shit out of trumpturds that a black man is wealthy.

by Anonymousreply 34May 24, 2020 12:45 AM

Not only that, it was stapled at the upper left corner only, and one of the pages was a little crooked. And it was just too much for Trump to read. Too many big words. Plus it was Obama's, and Trump wanted to erase Obama's legacy. No wonder Trump threw it away without reading it.

by Anonymousreply 35May 24, 2020 1:09 AM

So glad to see that he and Michelle Antionette profited so well off their public service.

by Anonymousreply 36May 24, 2020 2:04 AM

It was off of their books, shithead. It's not like they gouged Secret Service to stay at their hotels/apt buildings/golf courses knowing that the taxpayers foot the bill.

by Anonymousreply 37May 24, 2020 2:11 AM

It was off of their books, shithead. It's not like they gouged Secret Service to stay at their hotels/apt buildings/golf courses knowing that the taxpayers foot the bill.

by Anonymousreply 38May 24, 2020 2:11 AM

This should be investigated. They have basically been on welfare. Where did the millions come from?

by Anonymousreply 39May 24, 2020 3:06 AM

F&F these shitheads, please. Trolling turds.

by Anonymousreply 40May 24, 2020 3:07 AM

At the time they bought the house Michelle had sold 11 million copies of “Becoming.” It’s a phenomenon. I’m sure that helped pay for the house.

by Anonymousreply 41May 24, 2020 3:12 AM

[quote] Beautiful. But why on the beach with the rising sea levels?

Not only are you retarded, you're blind too.

The house is very far away from the water. Half of California will be swallowed up by the ocean by the time the water reaches the Obama's house

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by Anonymousreply 42May 24, 2020 3:37 AM

Are they planning to live there in the winter?

by Anonymousreply 43May 24, 2020 3:48 AM

r29, Hi Nina Turner!

No, your ashy black ass will not be invited!

by Anonymousreply 44May 24, 2020 5:04 AM
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