The Obamas own at least 2 confirmed properties. These properties include a mansion Martha’s Vineyard, Massachusetts and a house in Chicago, IL. They also own a residence in Washington, DC which they had initially rented. The Martha’s Vineyard estate is their most recent and most expensive acquisition among the homes owned by Barack and Michelle Obama, purchased for $11.75 million in 2019.
Real estate properties and holdings confirmed by Obama
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Martha’s Vineyard Manor (Obama’s real estate holdings):
- Purchased in 2019 For $11.75 million
- Located on Turkeyland Cove RoadEdgartown, Massachusetts
- 6,892 square feet with 7 bedrooms And 8.5 bathrooms
- Sitting on 29.3 acres near Edgartown Great Pond
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Chicago House (Homes owned by Barack and Michelle Obama):
- Located at 5046 S Greenwood AvenueChicago, IL
- Purchased in 2005 For $1.65 million
- Georgian style house in the Hyde Park neighborhood
- The Obamas still own this property in 2024
Property in Washington DC (How much property do the Obamas own?)
- Residence in Washington DC:
- Located in the Kalorama district
- Originally rented to 2017 after leaving the White House
- The Obamas then purchased this property for $8.1 million in May 2017
Post-presidential financial activities
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Book deals and speaking engagements:
- Signed a joint book contract with Michelle Obama for an estimated sum $65 million
- Earn significant income from speecheswith fees of up to $400,000 by speech
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Netflix production deal:
- Signed a production deal with Netflix, helping to increase their net worth
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Obama Presidential Center:
- A fundraiser for a 800 million dollars library-museum complex in Chicago
FAQs
How much property do the Obamas own?
The Obamas own at least 3 confirmed properties: a mansion in Martha’s Vineyard, Massachusetts, a house in Chicago, Illinois, and a residence in Washington, DC.
What are Obama’s main real estate holdings?
Obama’s major real estate holdings include their Martha’s Vineyard mansion, purchased for $11.75 million in 2019, their Chicago home purchased in 2005 for $1.65 million, and their Washington DC residence acquired in 2017 for $8, 1 million dollars.
What is the most expensive property among the houses owned by Barack and Michelle Obama?
The most expensive property among the homes owned by Barack and Michelle Obama is their Martha’s Vineyard mansion, which they purchased for $11.75 million in 2019.
Where is the Obama house in Chicago?
The Obamas’ Chicago home is located at 5046 S Greenwood Ave in the Hyde Park neighborhood of Chicago, Illinois.
What are the details of the Obamas’ Martha’s Vineyard property?
The Obamas’ Martha’s Vineyard property is located on Turkeyland Cove Road in Edgartown, Massachusetts. It spans 6,892 square feet with 7 bedrooms and 8.5 bathrooms, on 29.3 acres near Edgartown Great Pond.