Md. Couple Buys Obama Christmas Vacation Home

Beachfront property bought for $1 million less than asking price

Thursday, Aug 26, 2010  |  Updated 12:00 AM EDT
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Obama the Family Man

AP

Palm trees sway in the breeze outside the vacation home where the Obamas stay in Hawaii.

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A Maryland couple now owns the Hawaii home where President Barack Obama spent his past two Christmas vacations.

Paradise Point Estates LLC, a company owned by Owings Mills, Md., resident Glen Weinberg and his wife, recently bought the 4,900-square foot beachfront property, the Honolulu Star-Advertiser reported.

Despite the presidential endorsement, the five-bedroom home sold for about $6.9 million -- less than the asking price of $7.95 million.

It remains to be seen if the Obamas will be house guests of the Weinbergs during upcoming vacations. They likely wouldn’t mind the company: Weinberg and his wife have given at least $73,000 to politicians over the past decade, and most of those were Democrats.

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