The former vacation rental of the Obamas, located in Martha’s Vineyard, is now on the market for $39 million. This exclusive property gained notoriety as the Obamas rented it for three consecutive summers from 2009 to 2011, at an impressive rate of $50,000 per week. The listing has captured the attention of affluent buyers seeking a luxurious retreat in a prime location, underscoring the enduring appeal of Martha’s Vineyard as a desirable destination.
Potential buyers are drawn to the property not only for its celebrity connection but also for its luxurious amenities and picturesque setting. The rental’s multi-million dollar price tag reflects the current market trend of high-value real estate, especially in well-known vacation locales. With interest in luxury properties steadily increasing, this listing represents a significant opportunity for investors looking to acquire a piece of prestigious real estate in a sought-after area.
– **Property Listing**: Former Obama rental in Martha’s Vineyard listed for $39 million.
– **Historic Rental Value**: Rented for $50,000 per week during summers of 2009-2011.
– **Market Appeal**: Attracts affluent buyers looking for luxury in a prime location.
– **Investment Opportunity**: Represents current trends in high-value real estate in desirable vacation areas.
You can read this full article at: https://wrenews.com/obamas-former-marthas-vineyard-rental-listed-at-39-million/
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