View this post on Instagram

TSR STAFF: Debra Oh! @The_Ebony_Issue _____________________________________ Looks like President Barack Obama won’t be going too far once he leaves office because its been confirmed that he’ll be moving just a mile away! _____________________________________ According to CNN, the Kalorama home is said to be formerly owned by Bill Clinton’s former White House Press Secretary, Joe Lockhart. _____________________________________ Via CNN, “The Lockhart house is an 8,200-square-foot brick Tudor, and might cost $22,000 a month to rent, according to an estimate on the real estate website Zillow. It is currently valued at $7 million, according to D.C. tax assessments. It has a generous living room and dining room, a finished downstairs family room/media room, and an au-pair suite, which could be useful to the — read more at (link in bio)

A post shared by The Shade Room (@theshaderoom) on

What will life be like for President Obama and his family after they leave the White House?

Many have been wondering since this is his last term in office, but it looks like he’ll be living pretty well and not too far from his previous White House residence. Rumor has it that Obama and his family are eyeing a nine-bedroom $7 million mansion in an upscale neighborhood in Washington, D.C.

According to Mirror, “They will lease the mansion in Kalorama after their eight-year residency at 1600 Pennsylvania Avenue NW ends next year.” The 8,200 square foot property features two-car garages, hardwood floors, an enormous living room, and more.

The Obamas have decided to stay in the area for a couple more years until Sasha finishes high school. What do you think of their new pad?

SOURCE: Mirror | PHOTO CREDIT: Instagram, Getty

Take A Tour Of President Obama’s Post-Presidential Crib  was originally published on