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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 44Last Saturday at 9:04 PM

Gorge...

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by Anonymousreply 112/06/2019

I remember reading about them buying this months ago?

by Anonymousreply 212/06/2019

Black privilege.

by Anonymousreply 312/06/2019

From overhead...

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by Anonymousreply 412/06/2019

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

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by Anonymousreply 512/06/2019

Just look at that view.

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by Anonymousreply 612/06/2019

Patio.

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by Anonymousreply 712/06/2019

Private beach.

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by Anonymousreply 812/06/2019

Pool.

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by Anonymousreply 912/06/2019

Dining room.

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by Anonymousreply 1012/06/2019

Cozy living room.

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by Anonymousreply 1112/06/2019

Weird kitchen.

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by Anonymousreply 1212/06/2019

The house is waaaaaay too white.

It's monotonous and overkill.

by Anonymousreply 1312/06/2019

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

by Anonymousreply 1412/06/2019

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

by Anonymousreply 1512/06/2019

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 16Last Friday at 9:01 PM

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

by Anonymousreply 17Last Friday at 10:27 PM

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

by Anonymousreply 18Last Friday at 11:34 PM

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

by Anonymousreply 19Last Friday at 11:39 PM

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 20Last Friday at 11:44 PM

[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 21Last Saturday at 7:21 AM

Hepburn lived in Connecticut on the Sound.

by Anonymousreply 22Last Saturday at 7:23 AM

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

by Anonymousreply 23Last Saturday at 7:26 AM

They more than deserve it.

by Anonymousreply 24Last Saturday at 7:27 AM

[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 25Last Saturday at 7:29 AM

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

by Anonymousreply 26Last Saturday at 7:30 AM

Is that true, R26? That's fascinating.

by Anonymousreply 27Last Saturday at 7:36 AM

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

by Anonymousreply 28Last Saturday at 7:36 AM

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 29Last Saturday at 9:09 AM

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 30Last Saturday at 9:42 AM

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

by Anonymousreply 31Last Saturday at 9:44 AM

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

by Anonymousreply 32Last Saturday at 9:48 AM

It looks bitterly cold.

by Anonymousreply 33Last Saturday at 4:35 PM

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

by Anonymousreply 34Last Saturday at 4:45 PM

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 35Last Saturday at 5:09 PM

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

by Anonymousreply 36Last Saturday at 6:04 PM

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 37Last Saturday at 6:11 PM

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 38Last Saturday at 6:11 PM

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

by Anonymousreply 39Last Saturday at 7:06 PM

F&F these shitheads, please. Trolling turds.

by Anonymousreply 40Last Saturday at 7:07 PM

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 41Last Saturday at 7:12 PM

[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 42Last Saturday at 7:37 PM

Are they planning to live there in the winter?

by Anonymousreply 43Last Saturday at 7:48 PM

r29, Hi Nina Turner!

No, your ashy black ass will not be invited!

by Anonymousreply 44Last Saturday at 9:04 PM
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