The Obama’s New Massachusetts Home

President Barack Obama, left, bike rides with daughter Malia Obama and first lady Michelle Obama, Friday, Aug. 15, 2014, on the Manuel F. Correllus State Forest bike path outside of West Tisbury, Mass., during the Obama family vacation on the island of Martha's Vineyard. (AP Photo/Jacquelyn Martin)

President Barack Obama, left, bike rides with daughter Malia Obama and first lady Michelle Obama, Friday, Aug. 15, 2014, on the Manuel F. Correllus State Forest bike path outside of West Tisbury, Mass., during the Obama family vacation on the island of Martha’s Vineyard. (AP Photo/Jacquelyn Martin)

It’s no secret that former President Barack Obama and his family love Martha’s Vineyard, having vacationed on the idyllic Massachusetts island seven out of the eight summers they were in the White House, as well as this August.

And rumors are now flying that they’re looking to purchase property in the area. In particular, the Boston Globe suggests the former president might be eyeing two oceanfront properties in Aquinnah that were once part of the 377-acre Red Gate Farm owned by Jacqueline Kennedy Onassis, who passed this property down to Caroline Kennedy and her husband, Edwin Schlossberg.

Joy Cifuni, a real estate agent in Cape Cod, MA. “If I had to choose, I would pick the one for $15 million, because of the extra acres.”