Former President Barack Obama and former First Lady Michelle Obama have just purchased an 8,200-square-foot Tudor-style mansion in Kalorama, a luxurious Washington neighborhood that is just two miles from the White House and crawling with high-profile residents.
The Obamas have been renting the 8.1-million-dollar home, for $15,000 a month, since they have left 1600 Pennsylvania Avenue in January. Many believed that this would only be their temporary residence, however, Kevin Lewis, Obama’s spokesman, stated “Given that 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.” Sasha, the youngest Obama, is also still enrolled in high school at the private institution, Sidwell Friends.
Although the Obamas are calling the mansion “home” for the time being, they are not letting go of their home in the Kenwood neighborhood on Chicago’s South Side.
The sale of the eight bedrooms and nine-and-a-half-baths for $8.1 million was executed through the Obamas’ real estate holding company, Homefront Holdings LLC. The mansion previously belonged to Joe and Giovanna Lockhart; Lockhart was Bill Clinton’s former press secretary. The property is flooded with Secret Service agents, so the neighborhood is truly safe. Tony Podesta, a lobbyist that lives two doors down from the Obamas, joked that he was even “Thinking of canceling my alarm service”.
The Obamas are now the official neighbors of President Trump’s daughter Ivanka Trump, and her husband, Jared Kushner. The Secretary OF State Rex w. Tillerson, another member of the Trump administration, also recently moved into the Kalorama neighborhood. There are bound to be some awkward run-ins when everyone is in town at the same time.
But in the last few months, President Obama has managed to keep a low profile by constantly traveling, whether it is a day trip to a different state or a week plus voyage to another country. President Barack Obama traveled to Berlin, last week, to meet with Chancellor Angela Merkel of Germany. Michelle Obama claimed, “There’s just so much more we can do outside of the office because we won’t have the burden of political baggage.”