The Boston Globe reported that the 44th President was looking for property somewhere around Aquinnah, Chilmark, or West Tisbury, off the coast of Massachusetts.
The Globe specifically noted the Obamas' interest in two lots previously owned by Caroline Kennedy and her husband, Edwin Schlossberg. The two parcels were once a 377-acre estate, called Red Gate Farm, owned by Jacqueline Kennedy Onassis. Together, the lots are worth about $27 million.
The property at Martha's Vineyard is listed by Sotheby's International Realty, and features huge swaths of untouched waterfront land. There are no houses on either lot, giving new residents the chance to build something perfectly suited to their tastes.