NEW: Obamas Reportedly Buying $14M Martha’s Vineyard Estate from Celts Owner
Thursday, August 22, 2019
The Obamas are seeking to buy a multimillion-dollar mansion on Martha's Vineyard. PHOTO: Lauren Gerson/Flickr Commons
The home is currently owned by Boston Celtics owner Wyc Grousbeck and is on the market for $14.85 million.
The property has been on the market for four years, originally listed by Grousbeck in 2015 for $22.5 million.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTAccording to Realtor.com, the price was cut to $16,250,000 in 2017, before being cut again to its current price.
According to TMZ, the Obamas rented the home during the summer, before making an offer to buy it.
About the Property
About the home, Realtor.com writes:
“Built in 2001, the contemporary home offers more than 7,000 square feet, seven bedrooms, 8.5 bathrooms and plenty of space for entertaining—whether for a small family gathering or a crowd. The master suite features its own private sundeck and fireplace. The nearly 30-acre estate sits on the Edgartown Great Pond, with views of the Atlantic Ocean."
The property also features a pool, outdoor kitchen, outdoor fireplace, and two guest homes.
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