Barack and Michelle Obama's Martha's Vineyard estate seems to be right out of a storybook. While almost $12 million may sound like a high price to pay, this property is worth the hefty price tag. Here's a look inside.

Barack and Michelle Obama's Martha's Vineyard estate is certainly dreamy. Martha's Vineyard is known for its beautiful homes and stunning beaches, so it's no wonder the Obamas wanted a home-away-from-home on the island. And they didn't skimp, either. The mansion they chose, located on Edgartown Great Pond, is enormous. The home boasts almost 7,000 square feet, 7 bedrooms, 8.5 bathrooms, a private pool, and multiple living rooms, according to the real estate listing. And with 29 private acres consisting of perfect lawns, greenery, and beach, this estate has a little bit of everything.

While almost $12 million may seem like a lot of money to pay for a vacation home, it seems the Obamas actually got a good deal on the mansion. According to Realtor, when the property was first listed in 2015, it was on the market for a whopping $22.5 million. However, after a generous price reduction, the estate was finally sold to the Obamas in 2019 for just $11.75 million. Keep watching to see how Barack And Michelle's Vineyard Home Will Blow You Away!

#BarackAndMichelleObama #ObamaFamily

A dreamy estate | 0:00

The definition of elegance | 1:17

A grand living room | 2:14

The family room | 3:17

Healthy cooking | 4:27

Family dinners | 5:41

The Master | 6:27

Guest rooms | 7:25

Luxurious bathrooms | 8:16

Jacuzzi on the balcony | 8:49

Fireplace | 9:35

Pool-side basketball | 10:29

A private boathouse | 11:27