Barack and Michelle Obama are reportedly buying a $14.85 million Martha's Vineyard mansion

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Former president Barack Obama and his wife, Michelle, are reportedly looking at buying a $14.85 million mansion on Martha’s Vineyard.
And not just any mansion — the former first couple are looking to buy none other than Boston Celtics co-owner Wyc Grousbeck’s estate, according to TMZ. The Obamas are currently in escrow for less than the listing price, TMZ reports, citing “multiple island sources.”
The listing agent for the property declined comment when reached by the Globe. A Celtics representative also declined comment; a spokesperson for Obama could not immediately be reached.
In 2017, a spokesman for Obama vehemently denied that the family was looking at buyingproperty on the island, saying that the rumors were not true (even underlining the word “not” in his e-mail to the Globe).
Still, it’s not like the Obamas are strangers to the island: They regularly visited Martha’s Vineyard for vacation during Obama’s eight years of presidency and continued the tradition by visiting again this month.
In fact, the Obamas had been renting Grousbeck’s home — a seven-bedroom, eight-and-a-half bathroom estate spanning nearly 7,000 square feet on more than 29 acres, according to a listing— during their vacation to the Massachusetts island this summer.
Grousbeck’s Edgartown house has been on the market for four years. He originally listed it for more than $22 million but has since dropped the price, according to realtor.com.
The custom-designed estate sits on Edgartown Great Pond, overlooking the water. It has several places to sit or entertain, a modern chef’s kitchen, and a formal, circular dining room “surrounded by a wall of windows overlooking the grounds,” according to the listing. The living room features vaulted ceilings with exposed steel beams, as well as a stone fireplace.
The Obamas would surely be comfortable in the master suite, which features yet another fireplace, as well as a private deck and “spectacular water views,” the listing states. There are also not one, but two guest wings.
Outside the house, a swimming pool is located in a “garden-like setting” with “the sounds of the waves lapping in the distance.” Listing photos also show a path that leads from the house down to the water.
It also features a jacuzzi on a second floor balcony, a screened-in porch with a fireplace, a two-car garage, a “pristine” boathouse, and a private beach.
“A property of this stature needs to be seen to be experienced,” the listing says.
The location of the property might be beneficial for more than lazy waterfront days: It’s only a 3-mile drive to the Vineyard Golf Club, where Obama has been spotted playing in the past. More recently, he was also seen hitting the links at Farm Neck Golf Club this month with former Celtics player Ray Allen and Golden State Warriors star Steph Curry. (His past Martha’s Vineyard golfing partners have included film director Spike Lee, Seinfeld creator Larry David, and fashion designer Kenneth Cole).
The Obamas are also frequently seen taking advantage of all the island has to offer, including going on bike rides and lounging on the beach.
The Obamas vacationed on Martha’s Vineyard all but one year Barack was in office (during his 2012 reelection campaign), and continued going after he left the White House. They tended to stay about two weeks or less each trip, and would mostly keep a low profile. The family has previously rented a seven-bedroom home in Chilmark, which is on the other side of the island from where Grousbeck’s home is located.
As for where the Obamas like to eat, they have previously been spotted at the Sweet Life Cafe, The Cardboard Box (where the president drew a huge crowd last summer and basically “shut the town down”), the Red Cat Kitchen. And they might visit Nancy’s Restaurant & Snack Bar for old time’s sake — since then-15-year-old daughter Sasha held down a summer job there in 2016.
With the potential sale, the Obamas would join a slew of celebrities who own homes on the island, including David Letterman, Meg Ryan, Carly Simon, Kenneth Cole, Larry David, Seth Meyers, Bill Murray, John Kerry, and Alan Dershowitz, according to Globe writer Mark Shanahan.
Source: Boston Globe

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