Former President Barack Obama and family are the new owners of an $11.75 million Martha’s Vineyard estate — purchased from Boston Celtics owner Wycliffe Grousbeck and his ex-wife, according to a new report.
The former first family shelled out the megabucks this week for the sprawling, 6,892-square-foot abode that sits on 29.3 secluded acres facing the Edgartown Great Pond, the Vineyard Gazette reported.
The luxury digs include seven bedrooms, eight and a half baths and several stone fireplaces — as well as a two-car garage, a detached barn and a pool, according to the Gazette.
It was placed on the market in 2015, when it was listed for $22.5 million, and the price was dropped twice over the summer — once to $16.25 million in June and then to $14.85 million in July, the paper reported.
Source: New York PostRead Full Story