It looks like Barack and Michelle Obama are staying put in Washington. The couple has officially purchased the nine-bedroom mansion that they have been renting since they left the White House in January. According to The Washington Post, the former first family splashed out $8.1 million for the property, which is located in the posh Kalorama neighbourhood.
Unlike many politicians who move back to their home states after leaving the Oval Office, the Obamas decided to stay in the D.C. area until their daughter Sasha finished high school. In fact, the last time a president decided to stay near the capital after completing his term was President Woodrow Wilson in 1921.
Spokesman Kevin Lewis said in a statement that the decision to purchase the property was a no brainer for Barack and his family. “Given that the President and Mrs. Obama will be in Washington for at least another two and a half years, it made sense for them to buy a home rather than continuing to rent property."
The stunning 8,200 square foot estate was previously owned by Joe Lockhart, who was President Bill Clinton’s White House Press Secretary. The neighbourhood directory also includes Ivanka Trump and Amazon founder Jeff Bezos.
It remains to be seen how much time Barack and Michelle will spend in their new permanent home. Over the last couple of months, the duo have been the ultimate jet-setters, travelling to Hawaii, Tahiti and Italy. They also spent some time on a yacht in French Polynesia with famous friends like Oprah Winfrey.