President Barack Obama Will Rent This Multimillion-Dollar Estate After Leaving The White House

The Obamas have found their post-White House home.

Built in 1928, the mansion was renovated about five years ago and is said to be worth at least $5 million, with estimates going upwards of $6 million. The 8,200-square-foot house boasts at least eight bedrooms and eight-and-a-half spa bathrooms, as well as “spacious rooms with hardwood floors, white marble countertops, his-and-her master bathrooms and a terrace with formal gardens.” Though the garage seems to only have space for two cars, an additional eight to 10 vehicles can be housed throughout the gated courtyard.

The multi-level estate is in Washington, D.C.’s Kalorama neighborhood. Considered to be one of D.C.’s wealthiest ZIP codes, Kalorama has seen the likes of Franklin D. Roosevelt, Donald H. Rumsfeld, William Howard Taft, and many other high-ranking politicians call it home. The Obamas plan to stay residents of D.C. at least until 2018. That will be when Sasha, the youngest daughter of the President and First Lady, will be ready to graduate high school.

The future Obama residence is currently owned by Joe Lockhart, a former press secretary and senior adviser to Bill Clinton, who is now the NFL’s executive vice president for communications.

The soon-to-be-former-President, who owns a home in Chicago, won’t be far from his former house, since his new abode is only about two miles away from the White House.