A Martha’s Vineyard House Where the Obamas Summered Asks $17.8M

A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M

The 6,967-square-foot Martha’s Vineyard home where the Obamas summered in 2013 is asking $17.75 million. The former president’s friends and supporters, David and Patricia Schulte, own the home located in Chilmark, MA.

Although the price may seem steep, Realtor.com reports that it has been substantially reduced since it first hit the market in 2015 for $22.5 million. As it struggled to sell, the residence, dubbed Chilmark House, was taken off the market then relisted earlier this year for $19.12 million. 

After rumors swirled in August, a representative for the Obamas confirmed that they are not currently looking to purchase the 8 Snail Road property. 

A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M
A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M

Massive windows allow natural light to pour into large, open livings spaces. An art aficionado would gasp at the sprawling walls that offer endless opportunities to display large collections. Additionally, the home is outfitted with top-of-the-line materials and technology, including radiant-heated limestone floors.

Outside, breezy terraces and a large screened in porch offer an ideal setting for entertaining. If relaxing on the deck isn’t your thing, the home also comes with an infinity pool, a half-basketball court, and private beach access after a short boat ride.

The lavish spread impresses on it’s own, but it helps that it has a presidential seal of approval behind it. Thomas Wallace of Wallace & Co. Sotheby’s International Reality has the luxury listing.

A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M
A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M
A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M
A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M
A Martha’s Vineyard House Where The Obamas Summered Asks $17.8M