comScore Obamas Buying Million Martha's Vineyard Estate

Obamas Reportedly Buying $15 Million Martha’s Vineyard Estate From Boston Celtics Owner

Mark Wilson/Getty Images

Barack and Michelle Obama are apparently in the process of buying a massive estate on Martha’s Vineyard.

The former president and first lady are in escrow for a 6,892 square foot mansion on 29 acres — listed on the market for a whopping $14.5 million — TMZ reported Thursday.

Obamas Martha's Vineyard

The Obamas — who have cashed since leaving the White House in with lucrative book contracts and a deal with streaming giant Netflix — rented the seven bedroom beachfront property this summer from Boston Celtics boss Wyc Grousbeck. According to sources who spoke to TMZ, the presidential couple paid less than the listing price. The gossip rag is quick to note that the deal is in escrow currently and hasn’t been finalized.

Obamas Martha's Vineyard

See the listing on

[Photos via Realtor]

Have a tip we should know? [email protected]

Filed Under:

Aidan McLaughlin is the Editor of Mediaite. Send tips via email: [email protected] Ask for Signal. Follow him on Twitter: @aidnmclaughlin