Barack and Michelle Obama drop almost $12 million on Martha's Vineyard beach estate: report

[brooklynite]

Source: New York Daily News

It ain’t the White House, but it’ll do.

Barack and Michelle Obama have splurged on a sprawling $11.75 million beach estate on Martha’s Vineyard, according to the Vineyard Gazette.

The 29-acre Edgartown, Mass., property sits on the shore of the island’s Turkeyland Cove, and the Obamas rented it for several weeks over the summer from Boston Celtics owner Wyc Grousbeck.

Reports surfaced in August that the Obamas enjoyed the cedar-shingle mansion so much they put in an offer to Grousbeck.

Read more: https://www.nydailynews.com/news/national/ny-barack-obama-michelle-obama-marthas-vineyard-beach-estate-20191206-7i2bhwcq5bg2fkfscp4okte344-story.html

[not_the_one]

1. No one deserves it more.

The BEST president this country has ever had, can never be compensated enough.

[True_Blue]

2. It's beautiful! 11.75 million seems like a really good deal

A place like that would cost a lot more on the West coast.

[littlemissmartypants]

51. Definitely!

"August 2015, when it was originally put on the market, the price was set at $22.5 million, but it has been cut by more than $6 million, and currently sits at $16,250,000."

They really got a great deal.

https://www.realtor.com/news/celebrity-real-estate/wyc-grousbeck-marthas-vineyard/

[ChiTownDenny]

62. Dayum.

Well, they made a boat-load writing books. So, I guess, why not? It's their money.

[Bayard]

3. Not really understanding the photo

It looks like a bunch of other houses crowded on their 29 acres? $12M sounds like a steal for a 7,000 sq ft house on a chunk of land on Martha's Vineyard.

I hope they will have lotsa happy there, especially when rethugs start sniping about it.

[NBachers]

4. I get the impression this is a "nearby" photo, not their exact house.

[TexasBushwhacker]

71. It was originally listed for $22 Million in 2015 n/t

[Joanie Baloney]

5. More info with photos here

The estate was owned by Celtics co-owner Wyc Grousbeck.

https://www.realtor.com/news/celebrity-real-estate/wyc-grousbeck-marthas-vineyard/

-JB

[LittleGirl]

6. That kitchen, omg!

Thanks for the link.

Obama's got a great deal on that property.

[virgogal]

7. That's a real 1% home.

[LittleGirl]

13. Indeed.

And they deserve it. I bet they buy one in Hawaii too.

[RandiFan1290]

18. How mad are you?

[virgogal]

45. Not mad at all but disappointed that he didn't buy closer to the Vineyard black community.

[hack89]

49. Oak Bluffs, the "Black Hamptons" is only a couple of miles away

it is a small island.

https://www.miamitimesonline.com/lifestyles/black-elites-are-flocking-to-the-historic-summer-getaway-martha/article_d6c9c7fc-7a1d-11e8-9554-37697e187df0.html

[virgogal]

59. I know,been there many times.

[hack89]

61. Guess I don't understand your issue with the location they choose. Nt

[Calista241]

56. he did get a great deal.

but I am not a huge fan of the island in that kitchen.

[LittleGirl]

79. lol eom

[Bayard]

10. Well.......that's different!

Gorgeous house on nice private land. All they'll need is a guard tower.

[pangaia]

77. Lol

[IcyPeas]

14. That's a lot of grass to mow

[Lonnie Mack]

8. Buying oceanfront property in this day and age?

I guess the Obamas don't believe in climate change after all...

Weird how other users are posting about how nice everything is when all I can think of is that it will be an underwater house soon. Nice kitchen, indeed.

[certainot]

9. welcome to DU!

I guess the Obamas don't believe in climate change after all...

maybe they just want it for a few years or maybe they figure they'll get it over with quickly

now what are these dumbfuck republicans and their putin friends going to gripe about now that the obama's aren't going to live near washington to coordinate the trump coup, with valerie jarett as sex slave in the threesomes?

if you're concerned about global warming consider that these 87 universities shit on their mission statements all year long by supporting 260 limbaugh stations.

[justgamma]

12. Already heard the wingnuts

using that as a talking point.

[William Seger]

15. I think you just heard another one

[obamanut2012]

74. Yup

[Blue_Tires]

24. You're trying too hard...

[SCVDem]

70. Welcome Lonnie Mack

Plan on staying long?

The Obamas' could take a total loss and not feel it.

Could the previous owners?

I miss your point Lonnie.

[obamanut2012]

73. your concern is noted

[Scurrilous]

76. Unlike condos in Miami Beach say...

...the house isn't set directly on the beach (oceanfront) on top of a sea level barrier island. Those places are fucked. Obama 's house is set back a bit from the shore and the property has a bit of has a bit of elevation. It'll take worst case scenario to flood that place.



Fucked.


?

Has a chance.

[William Seger]

11. Found it on Google maps

The software here doesn't like the special characters in the direct link, but you can enter the coordinates in the search box : 41.360700,-70.546350 (switch to satellite view and close the search box to remove the map pin.)

[Hekate]

16. Long may they enjoy it. I hope in time the Obama Compound becomes as renowned as the Kennedys.nt

[DeminPennswoods]

17. That's nice they have 12M at their disposal to splurge

on a house in a good neighborhood on Martha's Vineyard. I live in area that's not so fortunate and just 1/10th of that money could have done so much good...

[sueh]

20. I understand what you're saying, but I would add that former presidents need room for the Secret

Service agents who are assigned to protect them.

[onenote]

22. Jimmy Carter seems to be getting by with a bit less...

https://www.cnbc.com/2018/08/22/jimmy-carter-lives-in-an-inexpensive-house.html

[PatSeg]

29. Jimmy Carter has been out of office for decades

and I don't think he is as vulnerable to haters and nutjobs. The Obamas need more security and room for secret service.

[BannonsLiver]

36. Yep. Apples and Oranges.

But haters are gonna hate, I guess. Even on DU, apparently. Sad.

[PatSeg]

42. I wouldn't be surprised

to hear that there are still credible threats against Obama. During his presidency, the threats were unprecedented and I think a lot of that hate could still be festering out there.

I didn't always agree with everything Obama did, but I never for one moment doubted his sincerity or integrity. I'm sure there are many reason they bought this property. They may want a place that is big enough for the work that they do, work that probably will involve frequent guests.

[onenote]

43. Not hating. I don't begrudge Obama his purchase of the Martha's Vineyard summer home at all

Was simply pointing out that there is no need to try to justify it by citing secret service protection needs.

[BannonsLiver]

47. That's good

Because their financial decisions are none of your (or my) business anyway. Glad that’s settled.

[ChiTownDenny]

60. That's a nice house.

My two bdrm condo cost more than that. I would love to have a house like that for those dollars, hell, for what my condo cost.

[DeminPennswoods]

23. At a certain age, material things become less important

and leaving a lasting legacy becomes more important. That's my stage of life. The Obama's are still relatively young and have their own foundation. I suppose that accounts for their decision to splurge.

[Zoonart]

26. As much as I LOVE the Obamas,

I tend to agree. Right at this moment in time, this seems like bad taste.

[BannonsLiver]

38. LOL

“Right at this moment in time, this seems like bad taste.”

You miss the last three years? This is so far down the list of things in bad taste it doesn’t even register. Give perspective a whirl.

[obamanut2012]

75. your concern is noted

[Scarsdale]

21. Lovely place.

But where is the gold paint? tRump would not approve. The Obamas both wrote books that genuinely made the best seller lists. They have EARNED their wealth. Now that Allan Dirtybits is a pariah on Martha's Vineyard, it is safe to buy a home there. I wonder what kind of a love nest the tRumps will buy after the WH?

[mcar]

25. Gorgeous!

[Cha]

27. Beautiful home.. and too bad for those

who resent it.

The Obamas give back.

[PatSeg]

28. That was my sentiment as well

The Obamas give back, they aren't takers.

[Cha]

30. Exactly, Pat..

Obama's been working on this, too..

'Fair maps': Barack Obama launches new initiative to help take on partisan gerrymandering

https://www.usatoday.com/story/news/politics/2019/08/26/barack-obama-launches-initiative-take-partisan-gerrymandering/21272350

[PatSeg]

32. They will never fade away

They will always be involved in meaningful and constructive ways. I'm trying to think of a republican president who did that and all I can think of was Poppy Bush. His son, not so much. I don't recall Reagan giving much back either, but that was a long time ago.

[Cha]

34. I like the way you put that.. The Obamas "will always

be involved in meaningful and constructive ways"!

[PatSeg]

41. Its in their nature

They are truly good people. I have to say I was surprised George HW Bush was involved in so many worthy causes, something I can't recall his son doing. Some people just take and others know to give back, it is in their nature.

[virgogal]

66. Reagan was in the beginning of Alzheimers when he left office------tough times ahead for him.

[PatSeg]

67. True

but I still don't see him and Nancy getting involved in worthy causes like Jimmy Carter, George HW Bush, or Bill Clinton.

[virgogal]

68. Who really knows,,but none will ever match Jimmy Carter IMHO.

[PatSeg]

72. Oh no

I don't think we'll ever see another Jimmy Carter and over time, he's only gotten better.

[asiliveandbreathe]

31. Good for them..a most beautiful island, a beautiful home..

I spent many a summer taking the ferry from Woods Hole to Vineyard Haven.. we ferried the car, but for the most part we used moped to get around the island..love Edgartown..and Oak Bluff..and the cliffs of Gay Head...

I have put a trip back to MV on my bucket list..grew up in Mass..haven't been back for 20 years..oh, those were the days..

Look at those views - I am so happy for them..(I don't understand some of the posts here) WTH..

[walkingman]

33. For me there is sort of an obscenity associated with the rich and famous. I know it is admirable to

have wealth, especially in America, but when so many are just barely getting by in the richest nation in the history of the world it kind of reeks of privilege. I know this it is not socially acceptable to not admire wealth but I just think it is distorted values. I admire both Barack and Michelle Obama for their efforts while in the WH and it sure seems like a lifetime ago. For those that have become wealthy by being public servants or religious leaders it just doesn't pass the smell test for me.

[BannonsLiver]

37. Well you've just accused them of lining their pockets

Off his time as president. Why does it often seem that when people say they love and admire the Obamas, what they really mean is the exact opposite?

[walkingman]

39. That was not my intent. I miss Obama for sure, although

I did not agree with all of his policies.

[JustABozoOnThisBus]

65. They may have lined their pockets since leaving the White House, as is their right.

I don't think they lined their pockets while serving in the White House.

Big difference.

[walkingman]

81. Agree!

[Humanist_Activist]

80. "I know it is admirable to have wealth, especially in America..."

See, this right here I honestly don't understand, this culture is so fucked up because of this summation you made. Good observation.

[Mike Nelson]

40. Yikes!

...way too big and expensive for my tastes, but I am not a former President and wouldn't be able to pay the upkeep bills! I hope they are very happy there.

[poli-junkie]

44. Wow! Fabulous!

Michelle earned some major bucks from her book.

[fleabiscuit]

46. Not that they don't deserve what they want... but any proof of this? Sketchy story. nt

[Brother Buzz]

53. The County Registry of Deeds recorded the transaction....

but attorneys representing the parties will not disclose buyer, "We don’t comment on these matters".

[fleabiscuit]

57. So there isn't any. nt

[Paladin]

48. So glad to hear this. Nobody deserves it more. (nt)

[stillcool]

50. They're in the right neck ...

of the woods. Was wondering if they still vacayed on the cape in the summer. Nice to see they'll be adding to our state, in many ways.

[BeyondGeography]

54. Prices are much lower in the left neck

[stillcool]

63. is that because everyone left?

[JustABozoOnThisBus]

64. Ties and jewelry are all on the right necks.

Everyone else is left necked.

[CentralMass]

52. Nice.

[NurseJackie]

55. But, just the one, right?

It ain’t the White House, but it’ll do.

But, just the one, right?

[Politicub]

58. Lots of wall space

for them to surround themselves with modern art. I remember seeing how they had wonderful modern art on display at the Whitehouse.

[Brother Buzz]

69. I believe all that fantastic artwork became part of permanent collection of the White House.

And they sure spiced up the collection from all the old stodgy stuff.

But don't be surprised if some of it ultimately makes it to the Obama library, and don't be surprised if a lot of new artwork mysteriously shows up at the Obama digs. Hell, bank on it.

[Laffy Kat]

78. Lovely property and good acreage for Bo and Sunny to romp.