Obama Family Purchases D.C. Home for $8.1M

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The former first family went from White House to tudor-esque castle.

Obama family house

The Washington Post is reporting that the Obama family purchased the home they’ve been renting for $8.1 million. The home is located in Kalorama, a neighborhood noted for its historical residences and embassies. The Obamas’ neighbors include Secretary of State Rex Tillerson, who bought this property earlier this year. Ivanka Trump and Jared Kushner are reportedly renting a home in the neighborhood.

“Kalorama is once again the premier destination for the political elite because it follows the mantra of real estate agents: ‘location, location, location!’,” said Redfin Washington D.C. agent Steve Cantrella. “Kalorama offers a certain level of exclusivity, being flanked by Dupont Circle and Embassy Row, as well as proximity to the corridors of power like K-Street and the White House. Historically, it has been the home of Presidents Woodrow Wilson, William Taft, FDR, Warren Harding and Herbert Hoover.”

Click here to see photos of the Obamas’ new residence from the prior sale.

This sale adds to the list of high-value luxury home sales taking place in Washington, D.C. this year as the one Administration transitioned out and the new Administration took over.

The Obamas have said they plan to remain in D.C. while their younger daughter, Sasha, finishes high school at Sidwell Friends. After leaving the White House in January, the family rented the home that was last sold in 2014 for about $5.3M. It’ll be interesting to see the ‘presidential premium’ put on the home once the Obamas decide to put their newest asset on the market. Whenever that time comes, a Redfin agent will be more than happy to help them sell their historic home. 

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alina-ptaszynskiredfin-com

Alina writes about the real estate market in Washington, D.C. and works with media throughout the mid-Atlantic region from Virginia Beach to Philadelphia. She’s addicted to the Redfin app and loves looking at homes in random cities she’ll most likely never live. She spends her free time fixing up her fixer-upper. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our "Why Redfin?," page.

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