The first family will be abandoning the White House in January, but don’t feel too bad for Barack, Michelle, Malia and Sasha. The Obamas are moving to Kalorama, a swanky neighborhood in northwest DC just two miles from the White House. Their future home is a nine-bedroom and 8.5-bathroom brick mansion that was built in 1928. Obama & first lady Michelle will lease 8,200 sqft mansion in Kalorama. Cheer! https://t.co/0gwC6pG2EW @MichelleObama pic.twitter.com/G2TzJdPfLG— TheInteriorDirectory (@TheInteriorDiry) July 14, 2016 The Obamas are allegedly renting the 8,200-square-foot property from former Clinton administration Press Secretary Joe Lockart, who purchased the home in 2014 for $5.3 million. It includes marble kitchen counters, an over-sized dining room and lots of space. Obama buys 8 bedroom, 9.5 bathroom, 8,200-square-foot mansion in the Kalorama neighborhood is valued at an estimated $6.3 million pic.twitter.com/J2cQeX023h— Timothy Lanham (@timothylanham1) November 23, 2016 Obama will be the first to stay in Washington, D.C. after his presidential term since Woodrow Wilson in 1921. Supreme Court Justices Joseph McKenna, Harlan F. Stone and Charles Evans Huges also live in Kalorama, along with Federal Reserve Governors Frederic Adrian Delano and Adolph C. Miller.