Michelle and Barack Obama's bid to purchase a nearly $15-million dollar property appears to have been accepted. The Martha's Vineyard estate sits close to a beach, has two guest wings, seven guest rooms, and measures out to be 6,900 square feet. They've rented the property over the summer and now seem ready to make it their own. Former President Barack Obama and former first lady Michelle Obama have purchased a nearly 7,000-square-foot home on Martha's Vineyard in Massachusetts for $11.75 million, according to a report. The purchase price was recorded Wednesday with the local Registry of Deeds, the Vineyard Gazette reported.
Michelle and Barack Obama's bid to purchase a nearly $15-million dollar property appears to have been accepted. The Martha's Vineyard estate sits close to a beach, has two guest wings, seven guest rooms, and measures out to be 6,900 square feet. They've rented the property over the summer and now seem ready to make it their own. Former President Obama and the former first lady have reportedly made a bid of approximately $15 million on a home in Martha's Vineyard. The 7,000 square-foot house comes with 29 acres and would likely be a summer home.
Former President Barack Obama and his family may have found a permanent vacation home in Massachusetts' picturesque Martha's Vineyard. The Obamas made their appreciation of the beachy island known while they were in the White House – spending seven out of eight summer vacations there. Though their property interests have not been confirmed by local real estate agents, the Boston Globe reported that sources have said the Obamas are looking for homes or land lots in the northern, less populated areas. The Globe also mentioned that "the Obamas have always rented'up island,' including for a two week stay this summer." Among the pieces of land the Obamas are rumored to be eyeing is a waterfront parcel that once belonged to Jackie Kennedy Onassis.
Clinton dropped by the resort island of Martha's Vineyard over the weekend to pick up more than 1 million in campaign contributions during an elegant party at the summer home of one of her most devoted supporters. Thirty people contributed 50,000 apiece to attend the Saturday night function at the home of Lynn Forester de Rothschild, a wealthy investment manager so committed to Clinton that she couldn't bring herself to vote for Barack Obama after he defeated her candidate in 2008. President Obama and First Lady Michelle Obama were on the island at the time of the Saturday fundraiser, but aides to the president said early on that the president did not plan to attend. Instead, the Obamas made a semi-public appearance dining on the white linens of Chesca's Restaurant in this well-heeled part of the island. Dozens of people gathered as they ate and cheered them as they departed for their motorcade.