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Barack and Michelle Obama are buying a $15M estate in Martha’s Vineyard

Barack and Michelle Obama are close to buying a massive Martha’s Vineyard estate.

TMZ reports that the former president and first lady are in escrow — aka in contract to purchase — a 29-acre beachfront plot with a 6,892-square-foot main house. The Obamas were initially just renting the seven-bedroom, 8½-bathroom spread for summer 2019, but apparently loved it so much that they made an offer.

It was most recently on the market asking $14.85 million, but the Obamas are apparently paying less.

The property at 79 Turkeyland Cove Road in Edgartown, Mass. — owned by Boston Celtics chief Wyc Grousbeck — has a living room with vaulted ceilings and a stone fireplace, a chef’s kitchen and a formal dining room with giant windows, according to the property’s Realtor.com listing.

Not a done deal yet.