Obama mansion

Former President Barack Obama and former first lady Michelle Obama have purchased this seven-bedroom, 6,892-square-foot mansion on 29.3 acres in Edgartown, Mass., on Martha’s Vineyard for $11.75 million.

Former first couple Barack and Michelle Obama have closed on a mansion in Edgartown, Mass. for $11.75 million. The property was originally listed at $14.8 million, reports Realtor.com.

Martha’s Vineyard has been a longtime favorite vacation spot for the former president and first lady, and now the Obamas have a permanent home there. The Obamas apparently rented the home over the summer and have purchased it from Boston Celtics owner Wyc Grousbeck, according to the report.

The 6,892-square-foot property sits on 29 acres across from the Edgartown Great Pond. Built in 2001, it boasts seven bedrooms and nine baths. There are two wings with a private deck off the master suite. It also features a pool, sprawling lawn and a beach, among many other amenities.

Thomas E. Leclair with LandVest MV was the listing agent.

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