Tags: Barack Obama | Obama | California | home | real estate

Reports: Obamas Have Purchased Estate in California

Tuesday, 22 Jul 2014 09:33 AM

By Melissa Clyne

The Obamas have purchased a home in tony Rancho Mirage, California, the Los Angeles Times reports.
 
The $4.25 million home is in the same gated community where Frank Sinatra, Bob Hope, and Bing Crosby once lived. The White House has denied reports that the first family is the buyer, but real estate agents told the newspaper that the Obamas are in escrow on the 8,232-square-foot home.

President Barack Obama has visited the area three times over the past year, including over Father’s Day weekend.

The estate, located in the Thunderbird Heights gated community, is the former home of novelist Joseph Wambaugh, according to USA Today, and close to the home of Michael S. Smith, an interior designer who worked on the Oval Office.

The contemporary four-bedroom, 4.5-bath compound sits atop 3.29 acres and has a main house, built in 1993, with a gym, a pool with a 20-foot waterfall, a rock lagoon, two spas, a misting system and a putting green with a sand trap, according to the Times. A guest house has three bedrooms and three bathrooms.

"The property last sold a decade ago, public records show, and had been listed eight years ago for as much as $12.5 million," the Times reports.

It will be a second home for the Obamas. Since 2005, they have owned a Georgian brick mansion in Chicago, according to ABC News, which they purchased for $1.65 million. It’s located in the Kenwood neighborhood, adjacent to Hyde Park.

Vote Now: Do You Approve Or Disapprove of President Obama's Job Performance?

Related Stories:


© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Prospective Juror Has Sympathy for Tsarnaev, Cites Young Age

Friday, 30 Jan 2015 14:18 PM

Many of the first 100 prospective jurors questioned in the federal death penalty trial of Boston Marathon bombing suspec . . .

Libertarian Sheldon Richman: Chris Kyle Like Mass Killer

Friday, 30 Jan 2015 13:53 PM

According to a prominent libertarian activist, the late American Sniper hero Chris Kyle is essentially the same as m . . .

Poll: 77 Percent Favor Government Action on Climate Change

Friday, 30 Jan 2015 11:15 AM

A significant majority of the American public, including nearly half of Republican voters, support policies that would s . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved