The estate, which sits on 29.3 waterfront acres, features seven bedrooms. Barack and Michelle Obama are close to buying a massive Martha’s Vineyard estate. Barack and Michelle Obama just purchased a mansion on Martha's Vineyard for $11.75 million.

Michelle and Barack Obama’s bid to purchase a nearly $15-million dollar property appears to have been accepted. Former president Barack Obama and his wife, Michelle Obama, have reportedly purchased a … Multiple island sources tell us the Obamas are in escrow for the estate owned by Boston Celtics owner, Wyc Grousbeck. The former Prez and First Lady have been renting the …

The former first family has a new home on Martha's Vineyard.

TMZ reports that the former president and first lady are in …