And their new digs rival that of the even the White House.
Just kidding, everything pales in comparison to the White House. But the mansion that POTUS and FLOTUS will start leasing in January 2017 does at least come close.
The President and First Lady, who are planning on staying in D.C. so that their youngest daughter Sasha can finish at her high school uninterrupted, will be relocating to the ritzy neighborhood of Kalorama, sources told POLITICO yesterday (May 25).
The house in question is 8,200-square-feet, and is owned by Joe Lockhart, co-founder of Glover Park Group, and his wife, Giovanna Gray Lockhart, the Washington editor of Glamour. Lockhart and his family moved to Manhattan in February because he accepted a job with the NFL as its executive vice president of communications.
Built in 1928, the gorgeous home features nine bedrooms, eight-and-a-half baths, and sits on a quarter of an acre. According to Zillow, it was last sold in May 2014 for $5,295,000.
Redfin estimates the home is now worth $6.3 million.
Now, the fun facts about the property: it has a two-car garage, a gated courtyard for eight to 10 vehicles, as well as a large backyard that is perfect for summer and for entertaining.