She’s calling it the Half-White House.
Barack told her “Yes you can, but you didn’t build it yourself.” Were overheard singing theme song to The Jeffersons.
Sure, they lived for 8 years at 1600 Pennsylvania Avenue. After that they picked up a quaint little fixer upper in 2017 when the Obamas dropped $8.1 million on a nine-bedroom house in the Washington, DC, neighborhood of Kalorama.
But it looks like the lucrative field of politics has paid off for the Obama’s. Barack and Michelle Obama are close to buying a massive Martha’s Vineyard estate. The former president and first lady are in escrow — aka in contract to purchase — a 29-acre beachfront plot with a 6,892-square-foot main house. The Obamas were initially just renting the seven-bedroom, 8½-bathroom spread for summer 2019, but apparently loved it so much that they made an offer. It was most recently on the market asking $14.85 million, but the Obamas are apparently paying less.
The property at 79 Turkeyland Cove Road in Edgartown, Mass. — owned by Boston Celtics chief Wyc Grousbeck — has a living room with vaulted ceilings and a stone fireplace, a chef’s kitchen and a formal dining room with giant windows, according to the property’s Realtor.com listing.
The Obamas will bunk in the master suite, which has a fireplace and private sun deck. Outside, there’s a pool with another fireplace — or the couple could swim on the private beach, which has a boathouse, which will be used as servant’s quarters.
As of 2018, Barack Obama’s net worth was about $40 million, according to a GoBankingRates calculation. But given Michelle Obama’s bestselling hit “Becoming” — and the lucrative book tour that accompanied it — it’s estimated the couple is worth more than $135 million. Definitely, Movin’ on Up.
Michelle noted that she’s finally getting a house that she can be proud of but that “this is still a racist country.”