February 16, 2012
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Some have been raised in modest homes while others grew up "with a silver spoon in their mouth" - at least according to one rival politician.
Barack Obama
Location: Chicago
The Obamas bought their Kenwood neighborhood home in 2005. Photo: ChicagoGeek / Flickr |
At about the same time, businessman and Obama campaign supporter Antoin "Tony" Rezko and his wife, Rita, purchased a vacant lot adjoining Obama's property for $625,000, the full price. Obama purchased a portion of that lot six months later from Rezko for $104,500.
(After a federal investigation culminated in Rezko's conviction for corruption, Obama explained to the Chicago Sun Times, "I regret that while I tried to pay close attention to the specific requirements of ethical conduct, I misgauged the appearance presented by my purchase of the additional land from Mr. Rezko.")
The Obamas' Greenwood Avenue home is currently estimated to be worth $1.19 million.
George Walker Bush
Location: Outside Crawford, Texas
The Bushes intend to grow old at their Prarie Chapel Ranch house. Photo: Grant Hammond |
In 2000, a year before he took office as the nation's 43rd president, Bush bought a 1,500-acre ranch for an estimated $1.3 million after a profit of $14.3 million in the sale of the Texas Rangers. Laura Bush said of Prairie Chapel Ranch, outside of Crawford, Texas (also dubbed the "Western White House"), "I want George and I to be able to grow old here."
The 4,000-square-foot, environmentally sustainable Prairie Chapel Ranch house, designed by architect David Heymann, is constructed from local limestone, sports tin roofing, and uses geothermal pumps and underground cisterns to collect rainwater.
William Jefferson Clinton
Location: Hope, Arkansas
Bill Clinton birthplace home on Hervey St. in Hope, Ark. Photo: J. Williams via Wikimedia Commons. |
After Clinton and wife Hillary departed the White House, the couple moved into their Chappaqua home at 15 Old House Lane before Hillary ran for a New York senate seat. With an estimated value of $1.3 million, the five-bedroom Dutch Colonial offers 1 acre and a front door that is 60 feet from a public road.
The Clintons have been house hunting in the same county, Westchester, and in 2010 were reportedly considering this home in Bedford Hills: the 20-acre Clover Hill Farm. The home has 7,000 square feet of space, including five bedrooms, a fireplace in the master bedroom, a wood-paneled library, stone patios, a wine cellar, his and her bathrooms and dressing rooms (hers is two stories), a heated pool and pool house, two guesthouses, an artist studio, stables, pastures, a dressage ring, and a koi pond.
George Herbert Walker Bush
Location: Kennebunkport, Maine
The Bush family mansion in Maine was built in 1903. Photo: aresauburn™ / Flickr |
Passed to Dorothy Walker Bush and her husband Prescott Bush, the estate has been a Bush family retreat for more than a century.
Ronald Reagan
Location: Outside Santa Barbara, California
Rancho del Cielo has been preserved as it was when Reagan owned it. Photo: Rancho del Cielo |
Rechristened "Rancho del Cielo" (Spanish for "Ranch in the Heavens"), this was the Reagans' home for nearly 25 years -- and the "Western White House" for eight years. Here, the Reagans hosted Queen Elizabeth II and Prince Philip in 1983, Mikhail Gorbachev in 1992, and by that time Lady Margaret Thatcher in 1993.
After leaving the presidency in 1989, the Reagans moved to their Bel Air home and kept the ranch as a retreat. The Young America's Foundation purchased Rancho del Cielo in 1998 to preserve it as it was when President Reagan owned it. Reagan died June 5, 2004.
Click here to see all of the homes of U.S. presidents.
Source(http://realestate.yahoo.com/promo/homes-of-us-presidents.html)
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