Months before Donald Trump even won the election, Politico reported that President Barack Obama and his family would move to a $6 million home in the "prestigious Kalorama neighborhood" of Washington, D.C., "home to many embassies, ambassadorial residences and influential families." The Obamas' new home sits just two miles from the White House, and was reportedly purchased with the intent of allowing Sasha Obama to finish high school uninterrupted.
The Obamas will reportedly rent the nine-bedroom, eight-and-a-half bath home rather than purchase it. According to Zillow, the home's monthly rent is estimated to be about $22,112. Obama said back in March they would stay until Sasha Obama finishes high school, according to the Washington Post: "Transferring someone in the middle of high school — tough."
On Monday, a moving van was spotted outside the residence, which is located at 2446 Belmont Road NW:
According to Zillow, the property was sold in 2014 to the tune of about $5.29 million, and is now worth about $6 million. McFadden Group, which reportedly represented the sellers in 2014, described the home as a "magnificent Tudor" on "two oversized lots":
The residence has undergone a meticulous renovation and substantial addition, featuring nine bedrooms, gracious public rooms, refinished hardwood floors throughout and original leaded glass windows that have been restored and rebuilt with custom high-end finishes. The stunning outdoor space boasts two tiers of extensive flagstone terraces, formal gardens and a gated courtyard for up to 10 vehicles.
In 2012, Washington Fine Properties uploaded this slideshow video, giving us an inside look into the beautiful space.
The D.C. home won't be the Obamas' only home. They own a slightly smaller 6,400-square-foot home in Kenwood, on the south side of Chicago, purchased in 2005 for $1.65 million. The Obamas also reportedly own real estate in Rancho Mirage, California, as well as in Hawaii.