The Obamas have said they plan to stay in Washington to allow their younger daughter, Sasha, to finish her final two years at Sidwell Friends School. Older first daughter Malia Obama will graduate from the private Quaker school this year and plans to attend Harvard University in 2017 after taking a gap year.
The 8,200-square-foot mansion, which was built in 1928, sits off Massachusetts Avenue NW by Embassy Row and Rock Creek Park.
According to Politico, the first family will lease the home owned by Joe Lockhart and Giovanna Gray after they leave the White House in January. Lockhart was the White House press secretary during the Clinton administration and has moved to New York to become executive vice president for communications for the National Football League.
Zillow states the home has nine bedrooms and eight and a half bathrooms. It last sold in 2014 for $5,295,000. The home features a castle-like brick exterior and sits on a quarter-acre lot just down the road from the Naval Observatory, the vice president’s official residence, the Associated Press reported.