President Barack Obama and his family will move to a $6 million nine-bedroom rented home in an upscale Washington neighborhood — two blocks from the White House — when he leaves in January.
The 8,200-square-foot home will be the residence of the Obama family as youngest daughter Sasha completes high school at Sidwell Friends School, The New York Times reports, quoting anonymous sources.
Sasha Obama, who turns 15 next month, graduates in 2018.
Based on several real estate websites, the home is valued at nearly $6 million and carries a monthly rent of about $22,000. It is owned by Joe Lockhart, a former press secretary and senior adviser to former President Bill Clinton, the Times reports.
The home is located in the upscale Kalorama neighborhood, according to the report.
[ Nine bedrooms.. plenty of extra room for some Syrian refugees. --Editor ]