Obamas Interested in Buying Land From the Kennedys on Martha’s Vineyard?

By NTK Staff | 09.03.2017 @12:29pm
Obamas Interested in Buying Land From the Kennedys on Martha’s Vineyard?

The Obamas are rumored to be interested in two parcels of land that range in price from $12 to $15 million.

The Obamas are rumored to be interested in buying a plot of land on the exclusive New England island of Martha’s Vineyard that once belonged to Jacqueline Kennedy Onassis, according to a report published in the Boston Globe.

“Word around the island is that the Obamas, who’ve rented a place on the Vineyard for the past several summers, are looking to buy.”

While realtors on the island are tight, The Globe is reporting that the former first family looking to buy “‘up island’ looking at homes or buildable lots in the rural communities of Aquinnah, Chilmark, and West Tisbury.”

One of the properties that the Obamas are reportedly looking at “is a magnificent waterfront outpost in Aquinnah owned by Caroline Kennedy and her husband, Edwin Schlossberg.”

Caroline Kennedy and her husband inherited the 377-acre Red Gate Farm land from her mother, Jacqueline Kennedy Onassis, and “subdivided the property and put two parcels on the market.”

According to The Globe:

“Sotheby’s International Realty and Hancock Real Estate in Chilmark are listing a 75-acre parcel for $15 million, and a second 40-acre parcel for $12 million.”

The Obamas recently purchased an $8 million house in the exclusive D.C. neighborhood of Kalorama.

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