By Olivia Bahou /
Updated: December 12, 2016
Timothy Tai for The Boston Globe via Getty Images

This story originally appeared on

The Obamas are racking up the real estate! After purchasing a nine-bedroom home in Washington, D.C.'s Kalorama neighborhood, Barack and Michelle have reportedly set their sights on the West Coast for another post–White House investment.

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The First Family purchased a house in Rancho Mirage, Calif., reports The New York Post, which cites unnamed sources. The new digs are located close to Sunnylands, an estate that U.S. presidents use as a warm-weather getaway, so the fam is likely familiar with the area.

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While the Obamas are taking down “For Sale” signs left and right, the president has said that they plan to stay on the East Coast until 15-year-old daughter Sasha graduates from high school in D.C. As for 18-year-old Malia, she’s currently on her gap year before attending Harvard University, so she has a few more months of living with the 'rents.

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If you ask us, California sounds like the perfect place for a couple of empty nesters. But according to The Post, the Obamas are rounding out their post-presidency properties by also purchasing a holiday pad in Barack’s home state of Hawaii.