Martha's Vineyard remains a favorite summer spot for the Obamas, as the couple are reportedly in the process of buying a huge estate previously owned by Boston Celtics owner Wyc Grousbeck. The two rented the home this summer and made an offer to buy it.
While the Obamas lock down that home, the nearby mansion the Obamas spent the summers of 2009, 2010 and 2011 in now has a new owner, reports Top Ten Real Estate Deals. The place they rented is known as Blue Heron Farm in Chilmark Pond.
With the Obamas celebrating their 27th wedding anniversary on Oct. 3, here is a peek inside the Martha's Vineyard home they spent three summers in.
Photo credit: Pete Souza/White House via Getty Images
Near the end of the Obama presidency, the home was put up for sale at $22.5 million, but no one bit at that price. It was lowered to $19.125 million, then again to $17.75 million. The home finally sold at $15 million. It was built in 1961, then completely redesigned in 2006 by Seattle architect ick Sundberg and landscape artist Steve Stimson.
The home covers 6,967 square feet and sits 120 feet above sea level. It includes six bedrooms, seven bathrooms and a master suite that has it own den. If you sit in the chef's kitchen, dining room or living room, you get beautiful views of the pool, pond and ocean.
There are also three fireplaces, custom millwork, marble baths and huge floor-to-ceiling windows.
The entire property covers 9.5 acres. Its pond is big enough for a boat dock and there are three empty lots between the house and the beach. There is also a two-bedroom guest house, which was used by the Secret Service during Obama's stay.
Sources told TMZ the Obamas are now in escrow for a different estate on Martha's Vineyard. The home, previously owned by Boston Celtics owner Wyc Grousbeck, was listed at $14.85 million, but TMZ's sources said the two are paying less.
This new estate has seven bedrooms, providing daughters Sasha and Malia plenty of space when they visit. It has 29 beachfront acres, and the main home covers 6,900 square feet. There is also a pool, outdoor fireplace, chef's kitchen and two guest wings. It only has a two-car garage, surprisingly.
The Obamas spent Oct. 3 celebrating their 27th wedding anniversary. Notably, Michelle Obama shared a photo of the couple looking out onto a beach on Martha's Vineyard.
"27 years ago, this guy promised me a life full of adventure. I’d say he’s delivered. Here’s to our next chapter of becoming empty nesters and discovering what’s next—while still feeling the magic that brought us together all those years ago. Happy anniversary, Barack," the former First Lady tweeted.
Michelle Obama said the couple are "finding each other again," following Obama's two terms in the Oval Office.
"We have dinners alone and chunks of time where it’s just us — what we were when we started this thing: no kids, no publicity, no nothing. Just us and our dreams," the Becoming author told PEOPLE last year.
The Obamas' biggest post-White House project is their work with Netflix. Their first project is the documentary American Factory by Julia Reichert and Steven Bognar. The filmmakers interviewed the Obamas for a 10-minute preview released in August.
“Higher Ground is a reflection of both of us,” Michelle Obama said, referring to the name of their production company. "So that means that our platform is gonna look a little bit like everything, just like the world is a little bit of everything."
The Obamas have several other projects in the works for Netflix. Higher Ground plans to produce a film adaptation of the biography Frederick Douglass: Prophet of Freedom and an adaptation of The Fifth Risk. The company will also produce Overlooked, a documentary about the New York Times' recent series of obituaries for people who were overlooked at the time of their death.