A Washington, D.C., townhouse where former President Barack Obama lived during his years as a senator has hit the market for $1.279 million. “I think the appeal for [Mr.] Obama to live there was its proximity to the U.S. Capitol and the Senate and House offices,” said listing agent Linda Pettie of Coldwell Banker Realty. Indeed, it’s less than a mile to Capitol Hill. It’s also across the street from Stanton Park and, in cherry blossom season, coffee and breakfast can be enjoyed in full view of the blooms, Ms. Pettie said. [Source: Mansion Global]
The townhouse is a multifamily property with two residences: the first-floor apartment where Mr. Obama lived and a two-floor home above it. The main floor of the upper-level residence offers an open layout, including a kitchen with a pantry and French doors leading to an iron deck and the backyard, Ms. Petite said. There are two bedrooms with large closets on the third floor, as well as off-street parking.
Unlike most of the homes Mansion Global covers, this house is “not extravagant by any means,” Ms. Pettie said. But the convenience factor is huge, as are the bragging rights. Mr. Obama lived in the first-floor apartment back in 2005, according to a 2013 UrbanTurf article. In 2008, he told “60 Minutes” that the space had a “vintage, college-dorm, pizza, empty-bottle feel to it,” and he was teased for being the only senator whose staff had better D.C. abodes.
And while former First Lady Michelle Obama visited the apartment, she never slept there. “I saw it long enough to know that I wasn’t going to stay there,” she said in the “60 Minutes” interview.
The former senator moved out during his first campaign for the presidency, as Secret Service members advised him it would be easier to keep an eye on him if he were at a hotel, the UrbanTurf article said. Overall, the Washington, D.C., market has been “stable” so far this year, although it has slowed, Ms. Pettie said.
“We still have low inventory, but demand is quite high,” she said. “In general, I don’t think prices have come down to accommodate the high interest rates, but there’s still a lot of buying power out there.” The median sales price in the capital was $545,000 in March, down 2% annually, according to a report from Bright MLS, which serves the mid-Atlantic region. [Source: Mansion Global]